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Infrastructure 
Hotel101 to invest USD 2.5 bn to expand into the Kingdom
Up to 10k hotel rooms are expected to be developed under a JV with Horizon Group
Ardara launches lifestyle hub Al Wadi amid Aseer investment push
ALSO: Aseer eyes SAR 15 bn in new tourism investments
Stitch lands USD 10 mn in seed round to scale up its financial infrastructure platform
Arbor Ventures, COTU Ventures, Raed Ventures, and SVC participated in the round
Naif Alrajhi Investment and Aljazira Capital to launch a SAR 1.7 bn real estate investment fund
The fund will focus on developing two real estate projects in Riyadh and Jeddah.
PIF-Backed Humain to launch USD 10 bn AI VC fund this summer
Humain is seeking a US tech partner for its data center business
WeRide to deploy Robotaxis in the Kingdom
ALSO- Sedco Holding and Bugshan Investment sell their poultry JV
Retail-tech BirdEye raises SAR 2.2 mn in pre-seed funding
Birdeye will use the proceeds to enhance its offerings and support its local expansion
Aliph Capital closes its debut fund at USD 200 mn, plans two acquisitions this year
The growth fund is backed by ADQ, the PIF, and Saudi-based SVC
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