The round was led by Prosus Ventures, includes VentureSouq, Dash Ventures, Taz Investments and Sanabil 500 Riyadh, Saudi Arabia, 8th September 2025 – Orbii, the embedded credit infrastructure platform enabling financial institutions and B2B platforms to launch SME lending products, has raised $3.6 million in seed funding, led by Prosus, with participation from VentureSouq, DASH […]
The Fund will back category-defining technology companies at the growth and pre-IPO stages. anb capital and Lexham Partners have announced that they are launching a $200 million Growth Fund dedicated exclusively to the MENA region, with a strategic focus on the Kingdom of Saudi Arabia. The Fund will back category-defining technology companies at the growth […]
Funding will accelerate its mission to build AI models and tools tailored to Arabic dialects, deepen its enterprise capabilities and accelerate MENA expansion September 2nd, 2025 – Intella, the market leader in dialectal Arabic speech intelligence, today announced it has closed $12.5 million in an oversubscribed Series A round led by Prosus, with participation from […]
HP partners with Exel by Merak to drive talent development, industry collaboration, and innovation in Saudi Arabia’s gaming sector. This partnership integrates HP’s courses and learning programs into the Exel Gaming Accelerator to equip founders and developers with skills in game design, coding, and AI-powered game development. The National Development Fund oversees the support of […]
Sheba Joy, a Riyadh-headquartered mobile gaming studio, has raised $293,000 (SAR 1.1 million) in a pre-seed round led by Merak Capital, a Saudi venture capital firm. Founded in 2021 in Dubai Silicon Oasis, Sheba Joy has since relocated its headquarters to Riyadh in alignment with Saudi Arabia’s Vision 2030 to become a global gaming hub. […]
Riyadh – Zetta, a Saudi Arabia-based Device-as-a-Service (DaaS) company, has announced the successful closing of a $12 million investment round led by Core Vision Investment and Ab’ad Al-Watan Investment. Founded in 2023 by Faisal Al Abdulsalam, Tabreez Mohiuddin, Waleed Altheeb, and Saeeduddin Shah, Zetta offers businesses access to devices through a subscription model with flexible […]
Saudi fintech Blomal Capital has raised a pre-seed round investment round (amount undisclosed) from Falak Investment Hub. Founded in 2022 by Abdulaziz Baraqabah, Munthir Alrehaili, Abdulrahman Akram, and Bilal Abduljawad, Blomal is building a digital-first platform for public and private fund access. Falak Investment Hub has announced its investment in Blomal Capital, a Saudi-based fintech startup focused […]
Spoilz specializes in culturally relevant multiplatform games, and aims to transform Saudi Arabia into a global gaming powerhouse. The company has secured funding from a group of investors, including participation from Merak Capital, to accelerate game development, strengthen technical infrastructure, and expand LiveOps and B2B services tailored for the MENA region Merak Capital’s participation underscores […]
Riyadh, August 23, 2025 — Saudi venture capital firm Impact46 has announced its largest investment to date, committing more than SAR 200 million ($53 million) to Kammelna Studio, the Dammam-based developer behind the Kingdom’s most popular culturally rooted games, including Baloot and Jackaroo. Kammelna has emerged as a market leader in culturally inspired Saudi games, […]
Ajyad Capital, a leading Shari’ah-compliant investment firm established in Bahrain and licensed by the Central Bank of Bahrain since 2003, today announced a strategic partnership with Ratings Intelligence, a UK-based provider of Shari’ah advisory services. This collaboration will integrate advanced Shari’ah-compliance technology into Ajyad Capital’s upcoming fully digital trading application, made for investors throughout the […]