Saudi Arabia
Riyadh-based Soum secures $18 million in Series A
Riyadh-based marketplace for secondhand products, Soum has successfully secured $18 million in Series A funding led by Jahez and participation from Isometry Capital along with existing investors parti...
Saudi-based Hakbah raises $5.1 million in Series A funding
Saudi-based fintech savings platform Hakbah successfully raised $5.1 million in a Series A funding round led by VentureSouq, M-Capital, Bunat Ventures, and existing investors Global Ventures and Aditu...
Velents secures funding to expand the AI recruiter in Saudi Arabia and beyond
Velents announced the closing of its seed investment round. A15 leads this oversubscribed first round with participation from Nibras Capital, AUC Venture Lab, and some local investors from the Middle ...
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...