Riyadh, Saudi Arabia – Yamm, a pioneering startup specializing in automated return and refund solutions, has successfully closed its Pre-Seed funding round with undisclosed amount. The round was led by Flat6Labs with participation from Judah Ventures and a consortium of strategic angel investors. Founded by Sultan Al-Subhi, Mohammed Al-Shalati, and Hamadah Al-Khaldi, Yamm offers an […]
Riyadh, Saudi Arabia – October 9, 2024: Ejari, a pioneering fintech platform in Saudi Arabia’s real estate sector, has announced the successful closing of a $14.65 million (SAR 55 million) seed financing round. The round was led by Partners for Growth (PFG) and BECO Capital, with notable participation from anb seed, Alinma Pay (the investment […]
Silicon Valley, San Francisco – Core Vision Investment has announced the successful closing of a $1.5 million investment round with Krti, marking a significant milestone in the growth of the fintech ecosystem. The funding round, led by Core Vision Investment, is part of the Financial Technology Investment Program organized by The Financial Academy. This investment […]
Saudi Arabia’s leading adtech platform, Quantum, continues its growth trajectory with new funding, bolstered by global and regional investors. Riyadh, Saudi Arabia, – Quantum, the Kingdom’s premier adtech and data platform connecting advertisers with publishers, has announced the successful closure of its $7 million Pre-Series-A funding round. The round includes a landmark investment from HearstLab, […]
Riyadh, Saudi Arabia – Al Menu, a leading company specializing in restaurant operations management, has announced the successful closing of a SAR 38 million funding round. The round was led by Al Majdiah Investment, alongside other key investors, and is set to fuel Al Menu’s ambitious expansion plans within the Kingdom’s rapidly growing hospitality sector. […]
Riyadh, Saudi Arabia — September 2024 — Mila Celebrations, a tech-powered event planning platform founded in early 2024, has successfully raised SAR 850,000 ($227,000) in a pre-seed funding round from angel investors. The funding is set to bolster the company’s ambitious plans to transform the event management industry in Saudi Arabia by expanding its service […]
Jeddah, Saudi Arabia – Shift, a Saudi-based company specializing in smart transportation and logistics services, has successfully raised $82.8 million (SAR 310.8 million) in a seed funding round led by Merak Capital. This significant investment aims to accelerate Shift’s growth and further its innovative solutions, positioning the company as a key player in the Kingdom’s […]
Riyadh, Saudi Arabia – September 2024 – Darent Platform, a leading vacation rental platform in Saudi Arabia, has successfully closed a significant seed funding round led by Al Tawuniya Insurance, with participation from the Morgan Stanley Inclusive Ventures Lab and BIM Ventures. This milestone investment further cements Darent’s position as a key player in the […]