Saudi Arabia

Investcorp announces investment partnership with Awaed

Investcorp announced a commercial partnership with Awaed, the first commission-free Saudi trading platform. Under the terms of the partnership, Awaed will enable their clients to invest into Investcor...

Wa’ed Ventures to invest $100 million in early-stage AI startups

Wa’ed Ventures announces earmarking $100 million for early-stage AI investments, a bold move to support positioning the Kingdom as a global AI hub. To aid with strategic deal sourcing and accelerate l...

Accel-backed Jetapult takes major stake in KSA-based UMX for $4.5mn

Accel-backed Jetapult, a global strategic investment company in the gaming landscape, takes a major stake in UMX Studio, one of the first homegrown game development studios in Saudi Arabia. The compan...

Saudi Arabia’s Ejari successfully closed the $14.65mn seed round

Ejari, the Saudi Arabian Rent Now, Pay Later (RNPL) platform, has achieved a significant milestone by successfully closing a $14.65mn seed financing round. This round was led by PFG and BECO Capital, ...

Blossom Accelerator celebrates a decade of accelerating startups

Blossom Accelerator, a Saudi pioneering force in the global startup ecosystem, announces its ambitious plans to further cultivate entrepreneurship and innovation across the GCC, MENA, and beyond. With...

LinkedIn reveals 2024 Top 10 Startups from Saudi Arabia

LinkedIn has announced its annual Top Startups list, ranking the top 10 companies based in Saudi Arabia that have established themselves as workplaces that attract top talent.

TPS Worldwide to drive payment innovation in Saudi Arabia

TPS Worldwide, a global provider of digital banking and payment technology, has announced the expansion of its operations to Saudi Arabia with the support of AstroLabs, the Gulf’s leading busine...

Saudi Arabia’s Leading Proptech Startup, Secures Seed Funding

Darent, a prominent proptech startup in Saudi Arabia, has successfully closed a seed funding round led by Tawuniya Insurance. Morgan Stanley and BIM Ventures also participated in the round, further so...

Aerospace company Embraer welcomes the delegation from Saudi Startup20

H.R.H Prince Fahad bin Mansour bin Nasser bin Abdulaziz Al-Saud, The Head of the Saudi Startup20 Delegation Powered by NEOM, was warmly greeted on Friday at Embraer’s headquarters in São José do...

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