GulfBoost Technology (GBT) has announced the successful closing of a SAR 5 million pre-seed funding round, marking a key milestone in the company’s growth within Saudi Arabia’s telecommunications and information technology sectors. The round was led by Abdulaziz bin Abdullah Al-Zamil & Sons Investment Company, with participation from a group of angel investors and investment […]
Grove, a Riyadh-based technology company specialising in the fresh-produce sector, has successfully closed a $5 million Seed funding round led by Outliers VC with participation from a group of angel investors. Founded in 2024 by Mohammed bin Ghanam and Ayman AlFifi, Grove is operating as a consumer brand in the fresh and agricultural produce sector. The […]
Saudi Arabia-based talent management SaaS provider Resquad AI has raised $1.5 million in a Seed funding round, led by SRG, with participation from a group of angel investors. Founded in 2024 by Abdullah Abdulaziz Al-Jafaari, Resquad AI offers AI-powered technical recruitment solutions through a SaaS platform and a global B2B marketplace for developers, enabling companies […]
Riyadh, Saudi Arabia – Merak Capital, a Saudi-based investment firm licensed by the Capital Market Authority, has led a SAR 2.2 million (USD 600,000) seed round in Khosouf Studio, a UAE-based independent game developer specializing in premium PC, console, and virtual reality titles. The investment was made through Merak Capital’s Gaming Fund, which aims to empower […]
Funding led by top regional and global investors to fuel expansion of Saudi Arabia’s first enterprise data governance and AI decision-making platform, practically realizing Vision 2030’s AI ambitions. Riyadh, Saudi Arabia – 14th January 2026: Governata, Saudi Arabia’s first enterprise Data Management and Governance platform, has raised $4 million in Seed Funding from leading venture […]
Riyadh, Saudi Arabia — Saudi-based health and longevity startup Madeed has raised $400,000 in a pre-seed investment round, led by Vision Ventures (VV), with participation from angel investors Mashhoor Aldubayan, Mazen Aldarrab, and Abdulla Nadeem Elyas. Founded by Adam Batayneh, Madeed is building a technology-driven platform focused on health, prevention, and longevity, aiming to improve […]
Saudi-based game development platform NEOM has selected five studios to receive funding through its Level Up gaming accelerator. NEOM said an additional 18 studios will take part in an expanded mentorship phase, making this the programme’s largest cycle to date. Following an initial phase that supported more than 23 studios with mentorship, the new finalists will receive […]
Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA, has announced a strategic partnership with Bunat Ventures Limited (Bunat VC) to launch a first-of-its-kind venture fund focused on artificial intelligence (AI)-driven startups in the Kingdom of Saudi Arabia. The AI Venture Fund will invest in early- and growth-stage startups […]
Riyadh, Saudi Arabia — Aamar, a real estate technology platform focused on automating and managing rental processes, has announced the successful closing of its seed investment round, raising more than $4 million. The round saw participation from Aqar App, Rzm Investment, Al Majdiah Investment, Blom Invest, along with a group of angel investors. Founded at […]
Riyadh: Saudi Venture Capital Company (SVC) announced that Saudi Arabia’s venture capital ecosystem achieved two historic leaps in 2025, in terms of total investment value and number of transactions, further reinforcing the Kingdom’s position as the leading venture capital market in the Middle East for the third consecutive year. This performance reflects the tangible impact of […]