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Mthmr Raises SAR6M in Seed Funding

Mthmr, a Saudi Arabian fintech personal expense management company, raised SAR 6m in seed funding. Backers included participation from Waed Ventures, Dahran Trading Group,...

Kaso Raises $10.5M in Seed Funding

Kaso, a Riyadh, Saudi Arabia Kingdom-based provider of a B2B platform digitizing & automating procurement between restaurants and food suppliers in the Middle East,...

Techstars, Saudi National Bank and MCIT Launch Two Founder Catalyst Programs in Saudi Arabia

Techstars, the Saudi National Bank and the Saudi Ministry of Communication and Information Technology (MCIT), launched two Techstars Founder Catalyst programs in Jeddah and Al Ahsa....

Integrative Health Acquires Nala

Integrative Health, a Riyadh, Saudi Arabia-based provider of a network of digital-first urgent care centers, acquired Nala, a Riyadh, Saudi Arabia-based provider of digital health...

Tarabut Gateway Raises US$32M in Funding

Tarabut Gateway, a Dubai, UAE-based provider of an open banking platform, raised US$32M in Series A funding. The round was led by Pinnacle Capital with...

Amplifidor Closes Pre-Seed Funding Round

Amplifidor, a Riyadh, Saudi Arabia-based provider of a web and mobile platform for the influencer industry, raised an undisclosed amount in Pre-Seed funding. The backers...

SRMG Launches Venture Capital Arm SRMG Ventures

SRMG, a Riyadh, Saudi Arabia-based global integrated media group, launched its corporate venture capital arm, SRMG Ventures. SRMG Ventures will invest in early-stage companies...

Tamara Receives $150M Debt Facility

Tamara, a Riyadh, Saudi Arabia-based shopping and payments platform, received a $150m debt facility. The facility, which brought total funding to $366m since its...

Cofe Raises $15M in Series B Funding

Cofe, a MENA’s premiere online coffee marketplace, raised $15M in Series B funding. The round was led by WAED Ventures and eWTP Arabia Capital. The company...

Manafa Raises $28M In Series A Funding

Manafa, a Saudi Arabia-based debt and Investment company, raised $28M in Series A funding. The round was led by STV and Wa’ed Ventures. The company intends...

Merced Launches $100M Investment Fund for Sustainability in Saudi Arabia

Merced, a Riyadh, Saudi Arabia-based venture capital firm, closed a sustainability investment fund, at $100m. The focus of the fund will be mainly on food/agriculture...

Unifonic Acquires Sestek

Unifonic, a Riyadh, Saudi Arabia-based provider of a communications platform as a service (CPaaS), acquired Sestek, an Istanbul, Turkey-based R&D-focused AI-powered conversational automation company. The...

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