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Taager Raises $6.75M in Pre-Series B Funding

Taager, a Riyadh, Saudi Arabia-based provider of a social e-commerce platform for the MENA region, raised $6.75M in Pre-Series B funding. The round was led...

Groq Receives $1.5 Billion Commitment from Kingdom of Saudi Arabia

Groq, a Mountain View, CA-based company building AI inference technology, received a $1.5 Billion commitment from the Kingdom of Saudi Arabia (KSA). The company intends to use...

BRKZ Closes $17M in Series A Funding

BRKZ, a Riyadh, Saudi Arabia-based B2B managed marketplace for construction materials with embedded financing, raised $17M in Series A funding. The round, which brought the...

500 Global Launches 500 MENA

500 Global, a global venture capital firm, launched 500 MENA, L.P. 500 MENA, L.P. is a new fund dedicated to investing in technology startups...

Malaa Raises $17.3M in Series A Funding

Malaa, a Saudi Arabia-based provider of a wealth management tool, raised $17.2M in Series A funding. The round was led by SNB Capital, with participation...

Riyadh Valley Company Invests in Raed Ventures’ Third Fund 

Riyadh Valley Company, the investment arm of King Saud University, made an investment in Raed Ventures’ third fund (RAED III LP). Raed Ventures Company is...

Resal Raises $9M in Funding

Resal, a Jeddah, Saudi Arabia-based provider of an e-gifting platform, raised $9M in funding. Backers included Derayah Ventures Fund, Al-Wafrah AlThanya Investment Company, Venture Souq...

Intelmatix Raises $20M in Series A Funding

Intelmatix, a Riyadh, Saudi Arabia-based deep tech AI company, raised $20m in Series A funding. The round was led by Shorooq Partners with participation from Saudi Venture...

Boston Oncology Arabia Received USD 35M Investment

Boston Oncology Arabia, a Riyadh, Saudi Arabia-based bio-generic drugs manufacturing company, received a USD 35M investment. TVM Capital made the investment. The company intends to...

Iyris Raises $16M in Series A Funding

Iyris, a Saudi Arabia-based AgriClimate technology company, raised $16M in Series a funding. The round was led by Ecosystem Integrity Fund, with participation from Global...

Merit Raises $12M in Pre-Series B Financing

Merit, a Riyadh, Saudi Arabia-based customer and engagement technology company, raised $12M in Pre-Series B funding. The round was led by Alisthithmar Capital i-Cap...

Abyan Capital Raises $18M in Series A Funding

Abyan Capital, a Saudi Arabia-based robo-advisory company, raised $18M in Series A funding. The round was led by STV with participation from Wa'ed Ventures and...

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