Visa Opens New Saudi Arabia Innovation Center and Office to Power Digital Payments Growth

Saudi agritech startup, Nabt Raises SAR 5.63 Million in Seed Funding Led by Merak Capital

Riyadh, Saudi Arabia – Nabt, a Saudi agritech startup transforming the Kingdom’s fresh produce supply chain, has successfully closed a SAR 5.63 million (USD 1.5 million) seed investment round in Q3 2024. The round was led by Merak Capital, a prominent technology-focused investment firm, with the backing of key angel investors. The funding will fuel […]

Saudi Proptech Ejari Secures $14.65 Million in Seed Round led by PFG and BECO Capital

Saudi Proptech Ejari Secures $14.65 Million in Seed Round led by PFG and BECO Capital

Riyadh, Saudi Arabia – October 9, 2024: Ejari, a pioneering fintech platform in Saudi Arabia’s real estate sector, has announced the successful closing of a $14.65 million (SAR 55 million) seed financing round. The round was led by Partners for Growth (PFG) and BECO Capital, with notable participation from anb seed, Alinma Pay (the investment […]

Saudi Startup Yalla Plus Raises $2.7M In Seed Round Led By Merak Capital

Saudi Startup Yalla Plus Raises $2.7M In Seed Round Led By Merak Capital

Riyadh, Saudi Arabia – Yalla Plus, a Riyadh-based tech company, has successfully closed a $2.7 million seed funding round, positioning itself as a rising star in the global restaurant and café technology space. The funding round was led by Merak Capital, with significant contributions from Khwarizmi Ventures, the American firm Isometry, and a group of […]