Riyadh, Saudi Arabia – Qwacks, a Saudi gaming technology startup building next-generation tools for game developers, has raised SAR 1.8 million in pre-seed funding from Merak Capital, a Saudi-based investment firm licensed by the Capital Market Authority. The investment marks a significant milestone for one of the earliest companies in Saudi Arabia focused on developing core […]
Riyadh, Saudi Arabia – Nabt, the innovative Saudi agritech modernizing the fresh-produce ecosystem, today announced the closing of a USD 3.4 million Seed Extension round, bringing the company’s total funding to USD $5 million (SAR 18.8 million).The round was led by SHG Group, with continued backing from Merak Capital and a number of distinguished angel investors, […]
Nine companies will present live at Demo Day on December 17, 2025. RIYADH, Saudi Arabia — 500 Global, a multi-stage venture capital firm, and Sanabil Investments, a wholly owned company of the Public Investment Fund (PIF), announce the tenth batch of the Sanabil Accelerator by 500 Global. This new cohort aims to foster innovation and drive […]
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 […]