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 […]