RIYADH, SAUDI ARABIA — Raff, a Saudi-based technology platform simplifying distribution and inventory management by connecting consumer brands directly with retailers, today announced the closing of its $1.7 million pre-seed funding round, led by Vision Ventures, with participation from 500 Global, Palm VC, Oqal Group, Salman Butt (Co-founder of Salla), among others. The funding will support Raff’s […]
RIYADH, SAUDI ARABIA: AILA, a Saudi education technology company focused on AI-powered personalized learning, has raised US$3 million in a Pre-Series A funding round. The round was led by Rua Growth Fund, with participation from Jo Academy, 500 Global, Bunat VC, and Fikr Ventures. Jo Academy, a leading EdTech pioneer in Jordan with a growing […]
Riyadh, Saudi Arabia — Saudi Arabia-based investment firm Pinnacle has launched a venture capital fund focused on growth-stage technology companies and secondary investment opportunities in the Kingdom, aiming to address growing demand for growth capital and liquidity in the country’s maturing venture ecosystem. The fund will invest through both primary funding rounds and secondary transactions, […]
JEDDAH, Saudi Arabia — Saudi Arabia-based game development studio Majestic Mind Games has raised $1.45 million in a funding round co-led by Merak Capital and Impact46, as the company looks to develop original video games for international markets. Founded in 2023 by Lujain Albukhari and Majed Anbar, Majestic Mind Games is based in Jeddah and […]
Riyadh, Saudi Arabia: Saudi artificial intelligence startup Rime has raised more than $2 million in a Seed funding round led by Seedra Ventures, with participation from Athlah Investment, Unity Invest Partners, and a group of angel investors. Founded in 2024 by Mohammed Almarshidi and Arif Alotaibi, Rime develops an enterprise platform that enables businesses to […]
HUMAIN has made a strategic investment in Saudi AI company MOZN, combining HUMAIN’s full AI stack with MOZN’s enterprise AI products and Forward Deployed Engineering expertise to accelerate secure, production-scale AI deployments for financial institutions as well as public sector organizations. This investment marks one of the first made through HUMAIN Ventures and represents HUMAIN’s […]
Riyadh, Saudi Arabia: Jada Fund of Funds, a wholly owned subsidiary of the Public Investment Fund, established to develop Saudi Arabia’s private capital ecosystem across venture capital, private equity, and private debt, has announced its strategic commitment to Growth Catalyst Fund I, a Saudi-based private equity fund licensed by the Capital Market Authority with a […]
Saudi mobile game developer FLOATY Studio has raised $1 million in a funding round led by Merak Capital through the Merak Gaming Fund (MGF), as the company looks to accelerate game development and expand its reach in global mobile gaming markets. Founded in 2023, FLOATY Studio develops casual and hybrid-casual mobile games designed for international […]
Riyadh, Saudi Arabia – Saudi Venture Capital (SVC) has announced its investment in SEEDRA Ventures Fund II, a venture capital fund managed by SEEDRA Ventures, an entity licensed by the Capital Market Authority of Saudi Arabia. While sector-agnostic, the Fund is geared towards technology and tech-enabled startups, including Artificial Intelligence (AI), FinTech, and Proptech. The Fund primarily […]
Co-Led by RAED Ventures and Wa’ed Ventures, with participation from Dhahran Techno Valley’s Venture Capital arm and strategic angels Funding will accelerate the deployment of Think’s integrated hardware and orchestration platform, designed to reduce the cost and complexity of AI RIYADH, Saudi Arabia, July 15, 2026 /PRNewswire/ — Think, the Saudi-based company building a new generation of intelligent, […]