Saudi-Egyptian startup Darwinz AI raised USD 325k in a seed funding round led by Flat6Labs KSA and Glint Ventures. The round marks the company’s first institutional funding round after having until now been bootstrapped by its co-founders, co-founder Mohy Aboualam. Darwinz AI? Founded in Egypt in 2021 by Emad Elazhary and Mohy Aboualam, Darwinz AI is a startup […]
Istanbul, June 2025 — VenueX, an Istanbul-based AI startup, has secured USD 1.2 million in a bridge funding round led by Singapore-based Orbit Startups. Other participants in the round include Re-Pie, Akkök Holding, and Akyasam. The funding will be used to fuel the company’s expansion across the Middle East and North Africa (MENA) region, with a particular […]
Riyadh, Saudi Arabia – May 29, 2025 — Taawoni, a pioneering platform digitizing cooperative training and professional development, has successfully closed a $1.6 million investment round, led by M Capital, with participation from several strategic investors committed to driving innovation in the education and workforce development sectors. Founded to streamline and automate cooperative training (Co-op) […]
Riyadh, Saudi Arabia – May 28, 2025 — Stitch, a Riyadh-headquartered fintech startup enabling faster deployment of banking and payment products, has raised $10 million in a seed funding round. The round was led by Arbor Ventures, COTU Ventures, Raed Ventures, and the Saudi Venture Capital Company (SVC), with additional participation from prominent family offices […]
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 […]