Riyadh, KSA & UAE – WakeCap, the sensor-powered project intelligence and controls platform trusted by the world’s most complex construction and oil and gas projects, announces its acquisition of Trackfy, a workforce safety and operational solution for industrial companies. The acquisition underscores the Saudi company’s commitment to expanding its global reach, diversifying product capabilities, and deepening customer […]
rmz.ai, a Saudi platform specialising in generative artificial intelligence, has announced the closing of its $100,000 pre-seed funding round, led by Beyond.xyz, a leading Saudi virtual production studio. The investment aims to support the development of what the company calls “Creative ”Agents”—intelligent AI assistants designed to simplify complex tasks in content creation and enhance creative […]
Riyadh, Saudi Arabia — Saudi-based logistics technology company Logexa has successfully raised $2 million in a pre-Series A funding round, led by SEEDRA Ventures with participation from Nour Nouf Ventures and several angel investors. Founded in 2021 by Hussam Sindi and Hussam Spano, Logexa specializes in shared warehousing and transportation, leveraging underutilized storage and logistics […]
With Saudi Arabia preparing to host global events such as Expo 2030 and the FIFA World Cup in 2034, and giga-projects like King Salman Park, Diriyah Gate, Qiddiya, and The Red Sea Project advancing, the country’s construction market is shifting gears from boom to blockbuster – where efficient materials procurement and innovative financing solutions are […]
Riyadh, Saudi Arabia – Saudi Arabia-based HRtech platform Squadio has raised $3 million (SAR 11 million) in a Pre-Series A funding round to scale its AI-powered remote hiring solutions across the MENA region, Africa, and Silicon Valley. The round saw participation from Wa’ed Ventures, 500 Sanabil MENA, Nour Nouf Ventures, SEEDRA Ventures, and the National […]
Riyadh, Saudi Arabia — Saudi-based insurtech startup Najeeb.ai has successfully raised an undisclosed pre-seed funding round from a group of local and regional angel investors, marking a key milestone in its mission to enhance the efficiency and transparency of the insurance sector through artificial intelligence. Founded in 2023 by Ahmed Yasmina and Hammam Homsi, Najeeb.ai […]
Velents.ai, a rising startup specializing in enterprise AI solutions, has closed a $1.5 million funding round as it unveils Agent.sa, the first fully integrated Arabic-speaking AI employee designed for companies across the Middle East. The round attracted prominent angel investors, including senior executives from Google, BCG, and other global firms. Velents is already preparing for […]
Riyadh, Saudi Arabia – Merak Capital, a Saudi-based investment firm licensed by the Capital Market Authority, announced a SAR 100 million (USD 26.7 Million) strategic investment in Arsann, the Kingdom’s leading operator of smart parking and mobility infrastructure. The investment marks a major step in modernizing Saudi Arabia’s urban infrastructure and optimizing city mobility through data […]
Riyadh, Saudi Arabia — : Uni-Ventures, a leading tech-focused investment firm with an active presence across the U.S., Europe, and Saudi Arabia, has announced a successful exit from Salla, the region’s leading e-commerce platform, achieving an exceptional 225x return on its original investment. The milestone marks one of the most significant exits in the regional […]
Riyadh, Saudi Arabia – TabSense, founded in 2024, is redefining how restaurants operate by introducing the first AI Agentic Point of Sale (PoS) – a system powered by intelligent AI agents that act like digital employees, helping restaurants and cafes scale efficiently without compromising quality or control. Unlike traditional PoS systems that only record transactions, TabSense’s […]