Saudi Arabia
Saudi Arabia to host Web3 Delight on March 6
The popular Web3 focused hybrid event, which aims to engage, empower and support an advanced economy that is proactive, customised, collaborative and secure, will take place on March 6 at Riyadh Inter...
Unifonic selected for Saudi Unicorns Program
Unifonic, the leading communications platform and Communications Platform as a Service (CPaaS) provider in the Middle East, has been selected to be a part of the Saudi Unicorns Program that aims to su...
Saudi Arabia’s Plastus wins the LEAP Rocket Fuel Startup Pitch Challenge
Saudi Arabia’s Plastus, which produces 100 per cent biodegradable bioplastics through the fermentation of bacteria, scooped the US$250,000 main prize at this year’s LEAP Rocket Fuel Startup Pitch Chal...
Saudi Arabia’s Falak Investment Hub to foster the MENA startup ecosystem
Keeping with their commitment to support entrepreneurs and providing a full stack of tools necessary for all stages of a start-ups journey, Saudi based Falak investment hub is a one stop shop for star...
KPMG launches Centre of Excellence for Metaverse
KPMG Saudi Arabia in partnership with Microsoft, Ericsson and Metakey announced the establishment of its Centre of Excellence (CoE) for Metaverse and Digital Twins. KPMG believes this new initiative w...
Amazon launches Amazon Academy in Saudi Arabia
Amazon today announced the launch of Amazon Academy, its largest professional development program, to provide training and certifications in future-facing sectors, such as cloud technology, logistics ...
Flat6Labs closes Startup Seed Fund in Saudi Arabia
Flat6Labs announces the first close of the “Startup Seed Fund” in Saudi Arabia, with the participation of the Saudi Venture Capital Company (SVC) and the “Jada” Fund of Funds, wholly owned by the Publ...
Wafeq completes $3 million seed round
Wafeq has announced the completion of its $3 million seed round. The Dubai headquartered company’s seed round was led by Raed Ventures and saw participation from Wamda Capital, both of which are...
VC funding for Saudi Arabian startups grew by 72%
The “2022 Saudi Arabia Venture Capital Report” revealed that the funding deployed into Saudi Arabian startups grew by 72% to a record-high of $987 million (SAR 3.701 billion) in 2022 versus 2021.