Riyadh, Saudi Arabia – The Saudi startup “Vreal” has successfully raised a Pre-Seed investment round from “Numu Angels Investment Community,” marking a significant milestone in its journey to develop innovative technological solutions for the e-commerce sector. This strategic investment comes amidst the rapid expansion of e-commerce markets, highlighting the increasing demand for enhanced digital shopping […]
Riyadh-based foodtech startup Calo, the Middle East’s largest personalised meal subscription service, has announced raising SAR 94 million ($25 million) in its Series B funding round. The round was led by Nuwa Capital, with participation from STV, Khwarizmi Ventures, and regional family offices. This oversubscribed round underscores strong investor confidence, prompting Calo to extend its […]
December 27, 2024 Riyadh, Saudi Arabia: Saudi Venture Capital (SVC) announced its investment in Jadwa GCC Private Equity Fund 1, a private equity fund managed by Jadwa Investment, a leading investment management and advisory firm in the Middle East with over SAR 90 billion in assets under management and advisement. The fund aims to raise SAR […]
Riyadh, Saudi Arabia – Wa’ed Ventures, the $500 million venture capital arm of Aramco, has announced its leadership in a $5 million funding round for Ynmo, a Saudi-based company transforming educational and rehabilitative technology for children, including those with disabilities. The funding round also saw participation from Qatar Development Bank (QDB) and Nour Nouf Ventures, […]
December 19, 2024 Riyadh, Saudi Arabia – Saudi Venture Capital (SVC) has announced an investment in Raed III L.P., an early-stage venture capital fund managed by Raed Ventures. The fund will target tech and tech-enabled startups across Saudi Arabia and the MENA region, primarily focusing on Seed and Series A stages, emphasizing fintech, enterprise software, and […]
Providing the company with the resources to scale its operations, enhance R&D, and advance AI infrastructure in Saudi Arabia. December 18, 2024 Saudi Arabia — OmniOps, the first Saudi Arabia-based AI Infrastructure Technology provider, announced today the successful closure of a SAR 30 million (approximately $8 million) funding round from GMS Capital Ventures. This strategic […]
InvoiceQ, a Jordan-headquartered company specialising in providing software as a service (SaaS) in the field of e-invoicing and integration solutions, has successfully raised a pre-series A-funding round of US$1.2 million. The round saw the participation of a number of Jordan-based investors, including Oasis 500, Orange VC, Flat6Labs, as well as Natej Soft and several angel […]
African fintech startup Juicyway has officially launched out of stealth mode, revealing its impressive track record of processing over $1 billion in transaction volume across 25,000 transactions for 4,000 users over the past three years. The company, which leverages stablecoin technology for fast and affordable cross-border payments, announced a $3 million pre-seed funding round led […]
Press release: Unipal, the leading platform for innovative solutions for university students, has successfully raised its Pre-Series A investment round, joined by Falak Angels Syndicate members. This investment marks a strategic milestone in strengthening Unipal’s position as one of the top providers of student-centric services across the Middle East and Africa. Unipal offers a unique […]
Riyadh, Saudi Arabia – December 16, 2024 Wa’ed Ventures, the investment arm of Aramco’s Wa’ed Program, has announced its leadership in a $5 million Series A funding round for EME, a Netherlands-based company specializing in sustainability and circular economy solutions. The funding will enable EME to localize its cutting-edge technologies in Saudi Arabia and expand […]