Ibtikar Fund is pleased to announce its investment in MENA Analytics, an innovative market research and data analytics company transforming how businesses in the MENA region access and utilise market intelligence. With a strong foundation in Palestine and plans to expand across the region, MENA Analytics is leveraging AI and advanced analytics to provide SMEs […]
Saudi-based proptech startup, Ajras, has successfully raised $1.5 million in a Pre-Series A funding round led by Veda Holding. The investment will support the company’s expansion and further development of its digital financing solutions for the rental sector in the Kingdom. Driving Innovation in Rental Payments Founded in 2022 by Muath Aljubailan, Ajras specializes in […]
Riyadh, Saudi Arabia – Aya, the emerging Saudi e-commerce platform redefining modest fashion discovery, has successfully closed its Seed funding round, securing 6 million SAR. The round was led by Khwarizmi Ventures, with participation from Raed Ventures, Joa Capital, FENA Holdings, Turki Alrajhi, and a distinguished group of angel investors. Founded by Saudi entrepreneurs Munira […]
Riyadh, Saudi Arabia: Saudi Venture Capital (SVC) has announced its investment in the Artal Growth Opportunities Fund, a close-ended private equity fund regulated by the Capital Market Authority of Saudi Arabia and managed by Artal Capital. The fund aims to support high-growth companies by providing capital and leveraging Artal’s expertise in value creation. Through accelerated business […]
Al Khobar, Saudi Arabia – CQR, Saudi Arabia’s leading Operational Technology (OT) cybersecurity firm, has successfully secured a $3 million funding round led by Shorooq, one of the region’s most dynamic investment firms. This strategic investment marks a pivotal moment for CQR as it accelerates its mission to fortify the security of critical infrastructures, including oil […]
Riyadh, Saudi Arabia – Ebra, a Saudi-based FinTech company specializing in AI-powered debt collection, has successfully raised $2 million in a Seed funding round. The investment was led by Seen Holding, with participation from Raz Holding and a group of strategic investors. This funding will enable Ebra to expand its operations in the FinTech sector, […]
Riyadh, Saudi Arabia – February 11, 2025 Buildnow, the first BNPL company in the MENA region that specializes in decoupling trade from credit in the B2B sector, has announced that it has successfully raised $10 million through a combination of debt and non-dilutive financing. This investment round will enhance Buildnow’s services and expand its support to small […]
Riyadh, Saudi Arabia – Mohami, a pioneering Saudi startup specializing in AI-driven legal consultancy, has successfully closed a pre-seed investment round worth SAR 1 million, raising the company’s valuation to SAR 15 million. The newly acquired funding will be utilized to strengthen Mohami’s presence in the Saudi market and expand its service offerings to meet […]
Riyadh, Kingdom of Saudi Arabia – Saudi Venture Capital Company (SVC) released today its recent “Impact Report”, which revealed SVC’s contribution to achieving record growth rates. The report highlighted SVC’s impact on the private capital ecosystem (Venture Capital, Private Equity, Venture Debt, and Private Debt) in the Kingdom since the company’s establishment in 2018. The SVC […]
Riyadh, Saudi Arabia – Saudi-based AI startup vminds.ai has successfully closed a six-figure pre-seed investment round led by angel investors from various sectors. Following this funding, the company has officially launched its platform for individuals, with plans to introduce an enterprise version in Q3 2025. The startup also aims for regional and global expansion while […]