Riyadh: Saudi Venture Capital Company (SVC) announced that Saudi Arabia’s venture capital ecosystem achieved two historic leaps in 2025, in terms of total investment value and number of transactions, further reinforcing the Kingdom’s position as the leading venture capital market in the Middle East for the third consecutive year. This performance reflects the tangible impact of […]
Saudi B2B SaaS platform Ballurh secures investment from Falak Angels
Falak Angels Network has announced a strategic investment in Ballurh, a technology platform using artificial intelligence to improve profitability and operational performance across the food and beverage sector. The investment provides fresh capital to support Ballurh’s growth as demand accelerates for data-driven tools in the region’s expanding food-tech market. Ballurh operates an AI-powered SaaS platform […]
Saudi-based Rewaa Secures $45 Million Series B Funding to Drive AI-Powered SME Solutions
Riyadh, Saudi Arabia – Rewaa, a leading platform for small and medium enterprises (SMEs), has successfully closed a $45 million Series B funding round. The round was co-led by Wa’ed Ventures, Idrisi Ventures, and Unity Invest Partners, with additional participation from Vision Ventures (VV), RZM Investment, Sadu Capital, Sanad Investment, Palm Ventures, Abdulrahman Suleiman Al Rajhi […]
Merak Capital invests SAR 203mln in Saudi-based DSShield to build a National Cybersecurity Platform
Riyadh, Saudi Arabia – Merak Capital, a Saudi investment firm licensed by the Capital Market Authority, has completed a SAR 203 million (USD 54 million) investment in DSShield, one of Saudi Arabia’s fastest-growing cybersecurity companies. The investment comes as organizations across the Kingdom accelerate digital adoption, cloud migration, and industrial automation, driving sustained demand for advanced […]
Why the UAE and Saudi Arabia are prioritizing operational excellence in their AI journey
Author – Arun ‘Rak’ Ramchandran, CEO of QBurst The prevailing global narrative suggests that the UAE and Saudi Arabia are racing to become “AI-first” economies. It is an appealing storyline, but it misses what is actually happening on the ground. What is unfolding across both countries is a more pragmatic shift toward what can be […]
Alkhabeer Capital unveils a next-generation Brokerage Platform
The platform offers investors exceptional trading speed, access to all Saudi stocks with an integrated “Tat’heer” Sharia purification service, instant fund transfers in Saudi Riyals, and a wide range of features purpose-built for active traders Jeddah, Saudi Arabia – Alkhabeer Capital, the financial institution specializing in financial services and brokerage services, announced the launch of its […]
Saudi FinTech Oumla Extends Seed Round to Expand Digital Asset Infrastructure Across The Kingdom
Riyadh, Saudi Arabia – Saudi digital asset infrastructure startup Oumla has announced an extension of its seed funding round as it accelerates the development of secure, locally hosted blockchain infrastructure for regulated financial and public-sector use cases. The extension builds on Oumla’s previously announced seed round, which was led by Core Vision Investment and Avalanche, […]
Saudi AI Startup Newera.ai Raises $2.1m Pre-Seed Round Led by Embark
Riyadh, Saudi Arabia – Saudi Arabia-based artificial intelligence startup Newera.ai has raised $2.1 million (SAR 8 million) in a pre-seed funding round led by Embark, with participation from a group of angel investors. Founded in 2023 by Abdulrhman Alsuliman, Newera.ai specialises in enterprise-focused generative and agentic AI solutions, enabling organisations to transform complex business challenges […]
Finnish Battery Innovator Halide Energy Secures First Close of Investment Round Led by BSV Ventures, with Aramco’s LAB7 Participation
Dhahran, Saudi Arabia – Halide Energy, a Finnish startup focusing on the development of battery solutions to support renewable energy adoption, has secured the first close of an investment round led by BSV Ventures, with participation from LAB7, the venture building arm of Aramco. This partnership focuses on the development of innovative redox flow battery technology […]
Saudi Arabia-based AI-powered startup QPioneers raises first funding round from Q Fund
Riyadh, Saudi Arabia – Saudi Arabia-based AI-powered startup QPioneers has raised its first funding round from Q Fund, the investment arm of Qewam Holding, for an undisclosed amount. Founded in 2024 by Hisham Al Mamlouk and Adel Alsaadi, QPioneers is developing an AI-native Startup Operating System (Startup OS) designed to help startups manage collaboration, operations, […]