RIYADH, Saudi Arabia—500 Global and Sanabil Investments Launch Eighth Cohort of Sanabil Accelerator to Boost MENA Innovation 500 Global, a leading multi-stage venture capital firm, in collaboration with Sanabil Investments—a financial investment company wholly owned by Saudi Arabia’s Public Investment Fund (PIF)—has announced the launch of the eighth cohort of the Sanabil Accelerator. This batch […]
Saudi’s OTO secures $8mln in Series A Funding, led by PIF’s Sanabil Investments
OTO, the Saudi-based shipping gateway and logistics platform, has successfully raised 30 million riyals ($8 million) in a Series A funding round. The round was led by Sanabil Investments, a wholly-owned subsidiary of the Saudi Public Investment Fund (PIF). Joining Sanabil Investments in the funding round were several other prominent investors, including Riyadh-based venture capital […]
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 […]