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iMENA raises USD 135 mn for pre-IPO expansion
The funding round was backed by Sanabil Investments, FJ Labs, and Saygin Yalcin
Sary merges with Bangladesh’s ShopUp to launch new B2B platform, raising USD 110 mn
The round was co-led by Sanabil Investments and US-based Valar Ventures
The Kingdom’s startup funding drops 70% y-o-y in 2024
Saudi investors were MENA’s most active
Ma’aden lands upon gold, copper in three mining sites
PLUS: Modon + Aramco ink localization MoU
Saudi tops regional VC funding league tables in 2024
Kingdom-based startups racked up USD 750 mn in investments across 178 transactions in 2024
Saudi, UAE account for lion’s share of MENA venture investors in 1H 2024
E-commerce continues to be Saudi’s most-funded sector
Logistics startup Oto closes a USD 8 mn series A round
The fresh funds will be used to fuel the company’s regional expansion, develop the tech stack, and grow the team
PIF’s Sanabil leads USD 10 mn seed round for SiFi
The seed round was led by PIF-owned Sanabil
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