Saudi Arabia
SVC invests in Artal Growth Opportunities Fund
Saudi Venture Capital (SVC) has announced its investment in the Artal Growth Opportunities Fund, a close-ended private equity fund regulated by the Capital Market Authority of Saudi Arabia and managed...
TikTok & Blossom launch SME empowerment program
TikTok, in partnership with Blossom Accelerator, has launched the ‘TikTok x Blossom SME Empowerment Program’, an initiative designed to support young Saudi entrepreneurs, particularly women, by provid...
CQR raises $3 million to revolutionize OT cybersecurity
CQR, Saudi Arabia’s leading Operational Technology (OT) cybersecurity firm, has successfully secured a $3 million funding round led by Shorooq, one of the region’s most dynamic investment firms. This ...
Outlier Ventures, NTDP and NEOM conclude its first deep tech Web3 accelerator
Outlier Ventures, the world’s leading deep tech Web3 accelerator, has successfully concluded its inaugural FutureSpark Base Camp in Riyadh. The program was conducted in strategic partnership wit...
SMEs in Saudi Arabia drive digital transformation
According to the third edition of the Mastercard SME Confidence Index, small and medium enterprises (SMEs) in Saudi Arabia are viewing 2025 with remarkable optimism, driven by a robust embrace of digi...
PIESHIP secures SAR 7.875 million in seed funding led by Nama Ventures
PIESHIP, a company specializing in smart logistics and last-mile delivery solutions, has announced the successful closure of its seed funding round, raising SAR 7.875 million. The round was led by Nam...
Tawaref and Thanawi to advance entrepreneurship in KSA
Tawaref, a leading Saudi-based shared services company, and Thanawi, a pioneering digital platform, signed a strategic partnership to advance the entrepreneurship sector and support digital transforma...
RasMal closes its $4.8 million pre-series A round at LEAP
RasMal, the first cap table management and investment governance platform in MENA region, closes its Pre-Series A investment round led by Syndicate Element Holding Group (SHG), a leading investment fi...
Merak Capital and Huawei Cloud to support gaming startups in Saudi Arabia
Merak Capital, a leading technology-focused investment firm in KSA and Huawei Cloud have announced a strategic partnership to accelerate the development of Saudi Arabia’s gaming industry through...