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Construction tech firm BRKZ bags up to USD 30 mn in growth debt from Stride Ventures
PLUS: Stride Venture partnered with SAB Invest, aiming to invest USD 500 mn in the region’s startups and SMEs
Egyptian-Saudi AI startup Velents secures USD 1.5 mn in funding
The funds will be funneled into R&D, team expansion, and cloud infrastructure development
Squadio bags SAR 11 mn in pre-Series A funding round
The funds will be used to drive the firm’s regional expansion and AI adoption
Wa’ed Ventures leads pre-Series A funding for US biotech firm Kure Cells
The round saw participation from Kingdom’s Qomel Company, US-based NantBio, and US93
Merak Capital invests SAR 100 mn in smart parking operator Arsann
The funding will help Arsann expand its tech and data systems and join gigaprojects
TABsense bags in USD 5 mn in funding round led by Jasoor Ventures
ALSO- STC Group’s accelerator arm inspireU inked a strategic partnership with Omantel Innovation Labs
IB Ventures launches USD 50 mn biotech fund
The program integrates venture funding with incubation and acceleration support
Kliq bags in SAR 2.25 mn in seed funding led by Sanabil Venture Studio
Kilq will use the fresh funds to boost the growth of its AI tools
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