Saudi Arabia

Jada supports ‘Aliph Fund I’ to bolster SMEs in Saudi

Jada “Fund of Funds Company” has announced a strong commitment to Aliph Capital’s GCC-focused fund “Aliph Fund I”. The move reinforces Jada’s commitment to supporting SMEs in Saudi Arabia and un...

Saudi Arabia launches $200 million fund

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of KAUST Board of Trustees, launched the new strategy of the University. The strategy ai...

Saudi-based fintech startup, Wadaie secures funding in pre-seed round

Saudi-based fintech startup, Wadaie announced that it has successfully secured investment in a pre-seed funding round led by RZM Investments, along with Bunat Ventures and several prominent Saudi ange...

Saudi Arabia’s Mozn recognized as Top FinTech Company

Saudi Arabia’s Mozn, a market leader in enterprise artificial-intelligence technologies, has been recognized as one of the Top 200 FinTech Companies globally, and one of the Top 25 in the “Digital Bus...

Saudi startup, YaSchools secures $600,000 in seed round

YaSchools, a Saudi startup specializing in educational management solutions, has successfully closed a $600,000 Seed round of funding from a group of angel investors.

Rainmaking Innovation fuel the growth of startups in Saudi Arabia

Rainmaking Innovation is bringing its expertise and success to the forefront of Saudi Arabia’s burgeoning startup ecosystem, as the company enters the Kingdom. To fuel the growth of crucial sectors in...

Mastercard and Geidea to offer world-class payment solutions in Saudi Arabia

Mastercard has partnered with Geidea to offer consumers and businesses greater access to advanced card and payment solutions. Through Mastercard, Geidea will extend its range of services and products,...

Saudi based VMS acquires stake in Egyptian accelerator Cash Cows

Saudi-based VMS has announced the acquisition of a minority stake in the Egyptian accelerator, Cash Cows, as part of a strategic partnership agreement aimed at bridging the gap between the Saudi and E...

SVC invests $30 million in Bedaya Fund II to back early-stage startups

As reported by SPA, Saudi Venture Capital (SVC) announced its investment of $30 million in Bedaya Fund II, which is managed by Shorooq Partners. The fund will mainly back early-stage startups with a f...

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