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Khawarizmi Ventures leads USD 1 mn pre-seed round for Egypt-based HR-tech startup Bluworks
The funds are earmarked for building the company’s product portfolio, and growing its team
Procurement startup Penny Software raises pre-series A round
Iliad Partners’ investment in Penny Software is its first in Saudi
Tawuniya partners with Ejaro for car rental coverage
Ejaro will start introducing daily motor ins. policies starting 2Q 2024.
STA signs agreements with Trip.com, Flynas, Eurowings. PLUS: real estate, foodtech, and construction
Al Baha | Built Industrial | Barakah | Alkhorayef Water and Power Technologies | KACST | Mulkia Investment | Saudi…
Leap 2024 attracts >50% more investment than last year’s iteration
Six startups won awards worth a total of USD 1 mn:
Tech investment pledges now top USD 13 bn after day two of Leap 2024
Six new investment funds + investments in six startups
E-commerce startup Salla raises USD 130 mn pre-IPO round
Investcorp made the investment in Salla through its USD 500 mn Saudi Pre-IPO Growth Fund
Mawani completes SAR 1 bn Jeddah Islamic port upgrade + Cenomi opens U Walk Jeddah
Plus: Petchems, education, startups, manufacturing, aviation and more
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