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AI + Innovation (MENA) 
Logistics (MENA) 
Eyewa secures USD 100 mn in a series C funding round
Eyewa plans to open 100 new stores in 2025
Singapore-based Locad plans Saudi expansion after pre-series B round
The round gives the startup a valuation of USD 60 mn, Reuters says
EdfaPay raises USD 5 mn in pre-series A round
Proceeds will go towards supporting expansions into new markets
Qara secures USD 2.6 mn in a seed funding round
Qara has been operating here since 2Q 2024
Bubbl closes SAR 1.3 mn pre-seed round
The round’s proceeds are earmarked for expanding daily user base
Merak Capital launches SAR 306 mn gaming fund + accelerator program
The first batch of the accelerator program will induct 15-20 early-stage startups
Saudi startups secured the second highest funding in the MENA region in October
Saudi’s Ejari secured the largest ticket during the month
Lean Tech secures USD 67.5 mn in series B funding
The fresh investment brings the startup’s total funding to over USD 100 mn.
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