Tahdir Secures 1.15 Million SAR in Pre-Seed Funding

Tahdir Secures 1.15 Million SAR in Pre-Seed Funding to Revolutionize Saudi Arabia’s Educational Technology

Al-Ahsa, Saudi Arabia – Tahdir, a pioneering educational technology company in Saudi Arabia, has successfully closed its first pre-seed funding round, raising 1.15 million Saudi Riyals. This substantial investment was secured through a group of angel investors, marking a significant milestone in the company’s growth and development. Founded in Al-Ahsa by Mohammed Al-Doukhi and Khalil […]

Saudi-based Agritech Startup Iyris Secures $16 Million in Series A Funding

Saudi-based Agritech Startup Iyris Secures $16 Million in Series A Funding

Iyris, a Saudi Arabia-based agritech startup, has secured $16 million in a Series A funding round led by the Ecosystem Integrity Fund (EIF). The company, founded in 2018 by  Ryan Lefers, Derya Baran, and Mark Tester, aims to enhance global crop yields through innovative solutions such as greenhouse covers, nets, and advanced plant genetics. Formerly known […]

Sorbet Gets Funding from Antler to Revolutionize the Freelance Ecosystem in MENA Region

Sorbet Gets Funding from Antler to Revolutionize the Freelance Ecosystem in MENA Region

Antler is thrilled to announce the addition of Sorbet to its esteemed portfolio! Sorbet is transforming the freelance landscape by integrating innovative workflow solutions with a cutting-edge Web3-enabled payment platform, facilitating seamless cross-border collaboration for freelancers worldwide. 🌶 Why Sorbet Matters The freelance market is rife with challenges: 🌟 Sorbet’s Game-Changing Solutions Sorbet addresses these […]

Saudi Fintech Hala Raises Fresh Funds from Private Equity giant TPG

Saudi Fintech Hala Raises Fresh Funds from Private Equity giant TPG

Riyadh-headquartered fintech startup Hala has secured significant contemporary funding from leading global private equity firm TPG, according to a report by The Data last week. While the startup has not yet publicly announced this deal, it marks a notable development in its growth trajectory. The specific details of the investment remain undisclosed, but the report […]

Saudi Merit Secures $12 Million in Pre-Series B Funding for its Customer Rewards and Engagement Platform

Saudi Merit Secures $12 Million in Pre-Series B Funding for its Customer Rewards and Engagement Platform

RIYADH, May 20, 2024 – Riyadh-headquartered rewards and engagement platform Merit has successfully raised $12 million in an oversubscribed pre-Series B funding round. The round was led by Alistithmar Capital i-Cap, the investment arm of The Saudi Investment Bank (SAIB), with participation from existing investors, including Saudi’s Tech Invest Com and Hambro Perks Oryx Fund, […]