Riyadh, Saudi Arabia — BirdEye, a Saudi-based retail management platform, has successfully closed its pre-seed funding round, raising SAR 2.2 million. The round saw participation from a private investment fund dedicated to supporting early-stage local tech startups, signaling strong investor confidence in the platform’s vision and market potential. Founded in November 2024, BirdEye is rapidly […]
Riyadh Valley Company, the investment arm of King Saud University, announces its investment in MEVF IV managed by MEVP. Founded in 2010, MEVP is a leading venture capital firm that invests in early and growth-stage technology startups led by talented entrepreneurs across the Middle East and North Africa, with particular focus on the Gulf Cooperation Council […]
Ziadah, a Saudi-based e-commerce SaaS startup, has successfully closed its seed funding round from an undisclosed angel investor. The investment marks a significant step in the company’s mission to provide smart conversion and sales optimisation tools for online retailers. Founded in 2024 by entrepreneurs Ali Aldahnin and Mahmoud Omar, Ziadah enables online merchants to increase […]
SARsatX, a Saudi-based space technology startup specialising in Synthetic Aperture Radar (SAR), has announced the successful closure of a $2.6 million seed funding round. The investment marks a key milestone for the Kingdom’s emerging NewSpace sector and reinforces its growing presence in the global space economy. The round was led by TONOMUS, a digital subsidiary […]
Graphiant, a leading US-based Network-as-a-Service (NaaS) provider, announces closing its $19 million extension round co-led by Wa’ed Ventures, the $500 million VC fund wholly owned by Aramco, and Tali Ventures, the corporate venture capital arm of stc Group. This strategic investment is an extension of Graphiant’s $102 million Series B round, which included participation from […]
Riyadh, Saudi Arabia — Salica Investments’ Oryx Fund has announced a strategic investment in Amwal Tech, a rapidly growing Saudi fintech startup transforming the digital payments landscape through cutting-edge instalment and authentication solutions tailored for e-commerce. Amwal Tech enables seamless bank instalment payments via pre-approved credit limits, empowering customers to make smarter and more flexible […]
Source: Google Riyadh, Saudi Arabia — Google has announced a strategic commitment to support Saudi Technology Ventures’ (STV) newly launched AI Fund, a dedicated initiative aimed at empowering AI-native startups across the Middle East and North Africa (MENA). This marks a major milestone in Google’s broader mission to ensure technology—particularly artificial intelligence—benefits everyone in the region. […]
WakeCap, a leading construction technology startup, has announced the successful closure of a $28 million funding round at the Saudi-US Investment Forum. The investment will support the company’s efforts to expand its services and enhance its technologies aimed at improving safety and productivity at construction sites. WakeCap specialises in developing wearable technology solutions that enable […]
Source: Arab News RIYADH: Wyld VC, a new early-stage venture capital firm founded by Saudi investor Tala Hasan Al-Jabri, has announced the launch of its inaugural $50 million fund — marking the first AI-native VC fund to emerge from the MENA region. The launch coincided with US President Donald Trump’s high-profile visit to Riyadh from […]
Riyadh, Saudi Arabia – Kilow, a Saudi-based digital health and weight management platform, has announced the successful closure of its $2.5 million seed funding round. The round was led by Sanabil Venture Studio by Stryber, a subsidiary of Sanabil Investments. Founded in 2024 by Fahed Al Essa, Kilow aims to revolutionize the healthcare experience in Saudi […]