Saudi Arabia

Egyptian startup, CardoO attracts $660,000 in seed round

Egyptian startup, CardoO has managed to attract $660,000 in its seed investment round that was led by The Alexandria Angels and supported by Sofico Investments, angel investors from Saudi Arabia, and ...

LinkedIn reveals its top KSA startups for the year 2022

LinkedIn has announced its annual ranking of the top 10 KSA-based companies that have demonstrated exceptional growth in the past year through the LinkedIn Top Startups List 2022.

Saudi Arabia-based HR Tech, Elevatus secures $10.5 million in Series A round

Saudi Arabia-based recruitment platform, Elevatus has completed a $10.5 million Series A round, co-led by Global Ventures and Wa’ed Ventures, and joined by Jasoor Ventures.

Alternative growth financing platform, erad raises $2.4 million in pre-seed funding

erad, the alternative growth financing platform for online businesses across the Middle East, today announced that it had raised $2.4 million in capital. The pre-seed funding round was backed by UAE-b...

Saudi Arabia’s NCA calls on startups to register for new cybersecurity accelerator

The National Cybersecurity Authority (NCA) of Saudi Arabia has called on local cybersecurity startups to register for its new cybersecurity accelerator at NCA’s website to submit their application.

Saudi rolls out discounted digital signature service

In a bid to support small and medium enterprises (SMEs), fintech companies, and entrepreneurs, sirar by stc and Fintech Saudi sign an agreement to provide a discounted digital signature service packag...

Gifting ecommerce platform Teeela raises $ 3.75m

Teeela, an innovative and rapidly-scaling gifting platform and app has raised US$3.75mn in a Pre-Series A. The round was led by Saudi Arabian investment firm Wealth Well and supported by strategic inv...

Zoho joins forces with Falak Investment Hub to empower startups in Saudi Arabia

Zoho and Falak Investment Hub have decided to work together to digitally empower youth and startups in Saudi Arabia, and support them in their digital transformation journey.

Dukkantek announces official expansion into six additional markets

In response to the increase in demand, and after a recent influx of $5.2 million in funding, Dukkantek, the UAE’s first revolutionary store management platform, has officially announced its expa...

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