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 […]
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, […]