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UAE’s Powder Beauty plans Saudi expansion following pre-series A round
The startup is focused on clean and sustainable beauty brands
A new USD 200 mn VC fund in town
Waad has invested in more than 35 companies
PostEx plans KSA expansion following pre-series A round
The funding round saw participation from Sanabil 500
Loyalty program aggregator Mithu raises USD 500k in pre-seed investment round
Adaverse has committed USD 10 mn for 2024 to Web3 Saudi startups
Asas closes a SAR 1.2 mn pre-seed funding round
The funding round was led by angel investor Abdulrazzaq Mohammed Al-Ansari.
Saudi, UAE account for lion’s share of MENA venture investors in 1H 2024
E-commerce continues to be Saudi’s most-funded sector
Resal raises USD 9 mn in latest funding round
The company raised USD 800k in a pre-series A round back in 2019.
Yalla Plus closes SAR 10 mn seed round
The round was led by Merak Capital
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