Saudi Arabia

MITEF Startup Competition 2021-2022 invites entrepreneurs

The MIT Enterprise Forum (MITEF) Pan Arab and MITEF Saudi Arabia announce the launch of the MITEF Startup Competition 2021-2022. This year’s competition will provide the opportunity for the participan...

Saudi based startup, CashIn raises $1.6 million

Saudi based startup, CashIn providing digital payment and points of sale solutions has raised SAR6 million ($1.6 million) in a Seed round led by Investor Mine with the participation of BIM Ventures an...

Unifonic raises $125 million in Series B funding round

Riyadh based customer engagement platform, Unifonic raised $125 million in Series B funding round, led by SoftBank Vision Fund 2 and Sanabil Investments. Unifonic’s solutions integrate customer commun...

Saudi Arabian water solutions app, Moya secures $2 million in seed round

Moya App is a Saudi Arabia-based water solution hub, has secured a $2 million seed single funding round from MLM Investment company.

Saudi micro-influencer marketplace, Flicron raises over $1 million in crowdfunding

Saudi’s first micro-influencers marketplace Flicron, which provides specialised marketing solutions through social media influencers in KSA, announced the closing of its second Equity Crowdfunding rou...

Zoho partners with TAQADAM to empower startups

Zoho Corporation has entered into a strategic partnership with TAQADAM, a leading Saudi Arabian startup accelerator founded by King Abdullah University of Science and Technology (KAUST) in collaborati...

Saudi agritech firm, Red Sea Farms raises $ 16m for expansion

Saudi Arabian AgTech business, Red Sea Farms has successfully closed pre-series A funding round for $ 10m and the company oversubscribed this investment round to enable them to raise $ 16m from leadin...

tabby raises $50 million in a new equity round

tabby, the leading buy now, pay later (BNPL) provider in Saudi Arabia and the UAE, has raised $50 million in a new equity round which values the company at $300 million. This comes one month after tab...

Nuwa Capital invests in Speero

Nuwa Capital has invested in Speero. Speero operates a SaaS-enabled auto parts and repair platform and has quickly become central to the industry’s transformation in Saudi Arabia. The SAR 6,750,...

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