VentureSouq

VentureSouq closes second FinTech fund

VentureSouq, a GCC-based venture capital firm, announced the close of its second FinTech Fund (FinTech Fund II), supported by Jada Fund of Funds, a PIF-owned company; Saudi Venture Capital Company (SV...

erad raises $16 million in a pre-series A round

Riyadh-headquartered alternative financing platform for SMES, erad, has successfully raised $16 million in a pre-series A round to accelerate its growth and expand its operations in Saudi Arabia and b...

StartAD and VentureSouq launches 3rd edition of CIF 3.0

startAD, the Abu Dhabi-based startup accelerator powered by Tamkeen and anchored at NYU Abu Dhabi (NYUAD), in collaboration with VentureSouq, has launched the third edition of the Conscious Investor F...

Shorooq Partners backs Procure-Now, Pay-Later platform, Mala in KSA

Mala, a pioneering Saudi-based B2B platform, has successfully closed a $7 million (26.25 million Saudi Riyals) pre-seed funding round. The investment was led by VentureSouq, with pan regional investme...

Jordan’s ISSF invests $2 million in VentureSouq Fund II

Jordan’s Innovative Startups and SMEs Fund (ISSF) announces a $2 million investment in VentureSouq Fund II. VentureSouq is a MENA-based venture capital fund manager with a global portfolio of th...

Saudi-based Hakbah raises $5.1 million in Series A funding

Saudi-based fintech savings platform Hakbah successfully raised $5.1 million in a Series A funding round led by VentureSouq, M-Capital, Bunat Ventures, and existing investors Global Ventures and Aditu...

Omniful raises $5.85 million in seed round

Cloud-based supply chain and e-commerce enablement platform Omniful has raised $5.85 million for its seed round. Led by VentureSouq, this round also saw participation from 500 Global, DASH Ventures, J...

StartAD and VentureSouq announces Angel Rising Symposium on ClimateTech at COP28

startAD, the Abu Dhabi-based startup accelerator powered by Tamkeen and anchored at NYU Abu Dhabi (NYUAD), and VentureSouq, a MENA-based venture capital firm, have announced the 8th annual Angel Risin...

Saudi Venture Capital invests $5mln in VentureSouq’s fintech fund

Saudi Venture Capital (SVC) announced its investment of $5 million in a fintech fund managed by VentureSouq (VSQ). The fund will mainly back early-stage fintech startups.