December 27, 2024 Riyadh, Saudi Arabia: Saudi Venture Capital (SVC) announced its investment in Jadwa GCC Private Equity Fund 1, a private equity fund managed by Jadwa Investment, a leading investment management and advisory firm in the Middle East with over SAR 90 billion in assets under management and advisement. The fund aims to raise SAR […]
Riyadh, Saudi Arabia – Wa’ed Ventures, the $500 million venture capital arm of Aramco, has announced its leadership in a $5 million funding round for Ynmo, a Saudi-based company transforming educational and rehabilitative technology for children, including those with disabilities. The funding round also saw participation from Qatar Development Bank (QDB) and Nour Nouf Ventures, […]
December 19, 2024 Riyadh, Saudi Arabia – Saudi Venture Capital (SVC) has announced an investment in Raed III L.P., an early-stage venture capital fund managed by Raed Ventures. The fund will target tech and tech-enabled startups across Saudi Arabia and the MENA region, primarily focusing on Seed and Series A stages, emphasizing fintech, enterprise software, and […]
Providing the company with the resources to scale its operations, enhance R&D, and advance AI infrastructure in Saudi Arabia. December 18, 2024 Saudi Arabia — OmniOps, the first Saudi Arabia-based AI Infrastructure Technology provider, announced today the successful closure of a SAR 30 million (approximately $8 million) funding round from GMS Capital Ventures. This strategic […]
InvoiceQ, a Jordan-headquartered company specialising in providing software as a service (SaaS) in the field of e-invoicing and integration solutions, has successfully raised a pre-series A-funding round of US$1.2 million. The round saw the participation of a number of Jordan-based investors, including Oasis 500, Orange VC, Flat6Labs, as well as Natej Soft and several angel […]
African fintech startup Juicyway has officially launched out of stealth mode, revealing its impressive track record of processing over $1 billion in transaction volume across 25,000 transactions for 4,000 users over the past three years. The company, which leverages stablecoin technology for fast and affordable cross-border payments, announced a $3 million pre-seed funding round led […]
Press release: Unipal, the leading platform for innovative solutions for university students, has successfully raised its Pre-Series A investment round, joined by Falak Angels Syndicate members. This investment marks a strategic milestone in strengthening Unipal’s position as one of the top providers of student-centric services across the Middle East and Africa. Unipal offers a unique […]
Riyadh, Saudi Arabia – December 16, 2024 Wa’ed Ventures, the investment arm of Aramco’s Wa’ed Program, has announced its leadership in a $5 million Series A funding round for EME, a Netherlands-based company specializing in sustainability and circular economy solutions. The funding will enable EME to localize its cutting-edge technologies in Saudi Arabia and expand […]
PLATMA, the AI Business Automation Platform that transforms natural language into functional workflows and business processes, has announced the successful completion of its pre-seed funding round, securing $2.2 million at a valuation of $20 million. The company also unveiled its plans to enter the Middle East and North Africa (MENA) market, marking a significant step […]
Riyadh, Saudi Arabia – AlGooru, the first licensed private tutoring platform in Saudi Arabia, has secured $4 million in a pre-Series A funding round through a combination of debt and equity financing. The round was led by Constructor Capital, with participation from Hub71, angel investors, and family offices. This latest funding follows AlGooru’s earlier $1.8 […]