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Biban24 wraps up
The event drew in over 182k visitors in five days
Mush Social closes USD 1.2 mn pre-seed round
The proceeds are earmarked for tech improvements to boost user engagement
Monsha’at secures additional SAR 10.7 bn in SME financing at Biban24
Some 36 startups landed angel investments at the event’s Investor Ring platform
Edafa takes strategic stake in TaskedIn in USD multi-mn transaction
Funds are earmarked to accelerate Taskedin’s regional expansion
BIM Ventures and SBI Holding unveil JV with USD 2 bn AUM target
The announcement was made at the Future Investment Initiative (FII) forum
STC VC arm tali Ventures leads USD 10 mn series B round for trade-in startup NorthLadder
Use of proceeds was not disclosed
Ayen acquires Egyptian startup Elmawkaa in SAR seven-figure transaction
The acquisition will allow Ayen to integrate Elmawkaa’s materials marketplace into its platform
Local startup TGE lands USD 500k investment
Adverse has set aside USD 10 mn for investments in Saudi Web3 startups this year
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