SVC
VC funding for Saudi Arabian startups grew by 72%
The “2022 Saudi Arabia Venture Capital Report” revealed that the funding deployed into Saudi Arabian startups grew by 72% to a record-high of $987 million (SAR 3.701 billion) in 2022 versus 2021.
SVC invests in a global specialty lending fund
Saudi Venture Capital (SVC) announced its investment in a global specialty lending fund managed by Partners for Growth (PFG), one of the international and experienced fund managers providing venture a...
Saudi Arabia’s Pi Flow successfully raises funds
Pi Flow, the digital outsourced accounting company that offers bookkeeping services to startups and SMEs announced that it has successfully raised funds by a group of angel investors along with Saudi ...
Saudi Arabia’s online grocery platform Nana Direct raises US$6.6m
Saudi Arabia’s online grocery platform, Nana Direct serving 13 cities across the Kingdom has been able to raise US$6.6m and the series A funding was co-led by Middle East Venture Partners (MEVP)...
Noon Academy raises $8.6mln in series A round
Noon Academy, an online learning platform that operates throughout the Middle East, announced today that it has raised $8.6 million in series A funding. The round was co-led by Raed Ventures and STV w...