Saudi Arabia
Jada Fund of Funds partners with Iliad Partners to support Saudi tech SMEs
Jada Fund of Funds Company announces an investment in Iliad Partners venture capital initiative, Iliad Partners Tech Ventures Fund I. This fund is poised to make strategic investments in early-stage t...
Munjz reshapes Saudi facility management sector
Munjz, the leading Saudi-based prop-tech cloud platform, is reshaping the Kingdom’s facility management sector with Munjz Market and strategic partnerships with industry leaders. The Munjz Marke...
Omniful raises $5.85 million in seed round
Cloud-based supply chain and e-commerce enablement platform Omniful has raised $5.85 million for its seed round. Led by VentureSouq, this round also saw participation from 500 Global, DASH Ventures, J...
Yabi raises $8m in seed funding round
Yabi has successfully raised $8 million in the seed funding round that also saw the participation of Al Wafra Al Thanya (Wafra II). The startup plans to use these funds to drive product development an...
Riyadh Valley Company invests in Flat6labs’ Startup Seed Fund
Riyadh Valley Company, the investment arm of King Saud University and a prominent player in the investment landscape of Saudi Arabia, announced its strategic investment in Flat6Labs’ Startup Seed Fund...
Winners of Five-Star Pitch Fest for F&B start-ups revealed
InFlavour ended its three-day run at Riyadh Exhibition and Conference Centre with the region’s growing start-up industry at the top of the menu. The Five-Star Pitch Fest, a three-day knock-out competi...
Saudi-based proptech, Ejari secures $1 million funding
Saudi-based proptech, Ejari announced the closing of a $1 million (SAR 3.75 million) Pre-Seed round led by Hambro Perks’ Oryx Fund and Sanabil 500 MENA Fund, in addition to the participation of ...
SVC invests $10mln in Ruya Partners private credit fund
Saudi Venture Capital (SVC) announced its investment of $10 million in “Ruya Private Capital I LP,” a private credit fund managed by Ruya Partners. The fund will focus on providing capital solutions i...
Mastercard partners with SiFi to bolster SMEs in Saudi Arabia
Mastercard has signed an exclusive agreement with Alhulul Almobassatah Financial Company (SiFi) to empower small and medium-sized enterprises (SMEs) in Saudi Arabia with a range of innovative offering...