Falak Angels Network has announced a strategic investment in Ballurh, a technology platform using artificial intelligence to improve profitability and operational performance across the food and beverage sector. The investment provides fresh capital to support Ballurh’s growth as demand accelerates for data-driven tools in the region’s expanding food-tech market. Ballurh operates an AI-powered SaaS platform […]
Riyadh, Saudi Arabia – Rewaa, a leading platform for small and medium enterprises (SMEs), has successfully closed a $45 million Series B funding round. The round was co-led by Wa’ed Ventures, Idrisi Ventures, and Unity Invest Partners, with additional participation from Vision Ventures (VV), RZM Investment, Sadu Capital, Sanad Investment, Palm Ventures, Abdulrahman Suleiman Al Rajhi […]
Riyadh, Saudi Arabia – Merak Capital, a Saudi investment firm licensed by the Capital Market Authority, has completed a SAR 203 million (USD 54 million) investment in DSShield, one of Saudi Arabia’s fastest-growing cybersecurity companies. The investment comes as organizations across the Kingdom accelerate digital adoption, cloud migration, and industrial automation, driving sustained demand for advanced […]
Riyadh, Saudi Arabia – Saudi digital asset infrastructure startup Oumla has announced an extension of its seed funding round as it accelerates the development of secure, locally hosted blockchain infrastructure for regulated financial and public-sector use cases. The extension builds on Oumla’s previously announced seed round, which was led by Core Vision Investment and Avalanche, […]
Riyadh, Saudi Arabia – Saudi Arabia-based artificial intelligence startup Newera.ai has raised $2.1 million (SAR 8 million) in a pre-seed funding round led by Embark, with participation from a group of angel investors. Founded in 2023 by Abdulrhman Alsuliman, Newera.ai specialises in enterprise-focused generative and agentic AI solutions, enabling organisations to transform complex business challenges […]
Dhahran, Saudi Arabia – Halide Energy, a Finnish startup focusing on the development of battery solutions to support renewable energy adoption, has secured the first close of an investment round led by BSV Ventures, with participation from LAB7, the venture building arm of Aramco. This partnership focuses on the development of innovative redox flow battery technology […]
Riyadh, Saudi Arabia – Saudi Arabia-based AI-powered startup QPioneers has raised its first funding round from Q Fund, the investment arm of Qewam Holding, for an undisclosed amount. Founded in 2024 by Hisham Al Mamlouk and Adel Alsaadi, QPioneers is developing an AI-native Startup Operating System (Startup OS) designed to help startups manage collaboration, operations, […]
Riyadh, Saudi Arabia – Qwacks, a Saudi gaming technology startup building next-generation tools for game developers, has raised SAR 1.8 million in pre-seed funding from Merak Capital, a Saudi-based investment firm licensed by the Capital Market Authority. The investment marks a significant milestone for one of the earliest companies in Saudi Arabia focused on developing core […]
Riyadh, Saudi Arabia – Nabt, the innovative Saudi agritech modernizing the fresh-produce ecosystem, today announced the closing of a USD 3.4 million Seed Extension round, bringing the company’s total funding to USD $5 million (SAR 18.8 million).The round was led by SHG Group, with continued backing from Merak Capital and a number of distinguished angel investors, […]
Nine companies will present live at Demo Day on December 17, 2025. RIYADH, Saudi Arabia — 500 Global, a multi-stage venture capital firm, and Sanabil Investments, a wholly owned company of the Public Investment Fund (PIF), announce the tenth batch of the Sanabil Accelerator by 500 Global. This new cohort aims to foster innovation and drive […]