Riyadh, Saudi Arabia — [December 2025] — COGNNA, the Saudi-based innovator in AI-led Security Operations (SecOps), announced during Black Hat MEA 2025 the closing of its Series A funding round, raising $9.2 million led by Impact46, with participation from BNVT Capital, Vision Ventures, and tali ventures. This round represents a pivotal milestone in COGNNA’s mission to empower organizations to thrive by safeguarding them […]
FuturePlay announced on December 1 that it has signed a landmark memorandum of understanding (MOU) with the Ministry of Investment of Saudi Arabia (MISA), marking the first agreement of its kind between a Korean venture capital (VC) firm and the Saudi ministry. The strategic partnership aims to accelerate the entry of Korean startups into the […]
Riyadh, Saudi Arabia, November 27th, 2025 – erad (www.erad.co), the Riyadh-headquartered alternative financing platform for SMEs, has partnered with Jefferies (with co-investment from Channel Capital) to secure $125 million in a credit deal, to accelerate embedded finance solutions across the GCC. Once the transaction is finalised, it will mark Jefferies’ first GCC asset-backed financing transaction, and […]
Mnzil, the Saudi proptech for labour housing solutions, has raised over $11.7 million (SAR 44 million) in a Series A round led by Founders Fund, marking the US fund’s first-ever investment in Saudi Arabia, with participation from COTU Ventures. Founded in 2024 by Abdulmajeed Al-Babtain and Abdulrahman Al-Shaya, Mnzil has rapidly expanded its footprint across more […]
Strataphy, a deep-tech company redefining how the world cools AI and industrial infrastructure, has raised $6 million in seed funding led by Outliers VC and joined by Shorooq, with participation from PlusVC (+VC). The company will use the new funding to advance its technology, expand its full-service stack, and grow its engineering and operations teams to support new deployments […]
RIYADH: STAMP, a Saudi-based regulatory technology (RegTech) startup, has raised $2 million in a pre-seed funding round backed by undisclosed investors, the company announced. Founded in 2021 by Muyasser Albar and Mohammed Zarei, STAMP specialises in regulatory licensing, corporate registration, incorporation, and post-incorporation services, integrating these processes into a unified digital interface for organisations operating […]
Shatib, the Saudi technology platform specialising in group buying for construction materials, has announced the closing of a SAR 2.8 million pre-seed round from a strategic angel investor. The platform helps real estate developers and contractors secure better pricing by aggregating demand across multiple projects, strengthening negotiation power with manufacturers and distributors, and achieving cost […]
Saudi Arabia – SahmAlgo, a Saudi-based fintech platform specializing in AI-driven financial analytics and market intelligence, has secured $1 million in seed funding, led by Gharesah Investment. The investment marks a significant milestone for the startup as it accelerates its expansion across the Kingdom and the wider region. Founded in 2022 by Dr. Yasser Farha, […]
Riyadh / Singapore: Takadao, the Web3 platform behind bankless financial alternatives, has announced the close of its US$1.5 million seed round, bringing its total funding raised to US$3.1 million. The round saw participation from global investors including Hasan VC (Malaysia), Syla Invest (France), Wahed Ventures (UK), Ice Blue Fund (Japan), Istari Ventures (US), Adverse (Saudi […]
The platform operates under the regulatory oversight of the Regulatory Sandbox of the Real Estate General Authority (REGA), further strengthening investor confidence and reaffirming its commitment to governance and regulatory standards. Riyadh, Saudi Arabia: Ghanem, the digital real estate platform specializing in fractional ownership solutions, announced the closure of a funding round worth USD 7.1 million […]