December 19, 2024 Riyadh, Saudi Arabia – Saudi Venture Capital (SVC) has announced an investment in Raed III L.P., an early-stage venture capital fund managed by Raed Ventures. The fund will target tech and tech-enabled startups across Saudi Arabia and the MENA region, primarily focusing on Seed and Series A stages, emphasizing fintech, enterprise software, and […]
SiFi, a Saudi Focused Spend Management Platform, Closes a $10M Seed Round Led by Sanabil Investments and RAED Ventures
Simplified Financial Solutions Company (SiFi) announced the closing of its $10M seed round. The round was led by Sanabil Investments, a wholly owned company by the Public Investment Fund (PIF), and RAED Ventures, with participation from prominent investors such as anb seed, Rua Ventures, Byld and KBW Ventures. The funding round also includes investors from […]