Saudi Arabia
Saudi-based Mush Social secures $1.2 million in pre-seed
Saudi-based Mush Social has secured $1.2 million in its pre-seed funding round, led by Nifal Consulting, with participation from Nahr Al-Jazeera Holding and various angel investors. This investment se...
Saudi women entrepreneurs on the rise
As part of the Biban 24 Forum, held under the slogan “A Global Destination for Opportunities,” the Prince Mohammed bin Salman College of Business and Entrepreneurship (MBSC) in partnership...
SVC invests $20M in Booster Fund IV by BECO Capital
Saudi Venture Capital (SVC) announced an investment of $20M in Booster Fund IV, a venture capital fund managed by BECO Capital. BECO Capital is an early-stage venture firm in the Gulf with $495M in AU...
PIF and Google Cloud to create a new global AI hub in Saudi Arabia
PIF and Google Cloud today announced a strategic partnership to create a new global artificial intelligence (AI) hub. The new AI hub will be based near Dammam, in Saudi Arabia’s Eastern Province.
Saudi agritech startup, Nabt raises $1.5 million led by Merak Capital
Nabt, a pioneering Saudi agritech startup, has successfully closed a $1.5 million seed investment round in Q3 2024, led by Merak Capital, a technology-focused investment firm, with the participation o...
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, ...