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Local startup TGE lands USD 500k investment
Adverse has set aside USD 10 mn for investments in Saudi Web3 startups this year
Aramco-backed VC fund Wa’ed Ventures earmarks USD 100 mn for investing in AI startups
The funds are slated for deployment over the next three years
Saudi-headquartered mobility startup invygo raises USD 8 mn in series A extension round
The outfit expects to turn the corner to profitability before this fiscal year is out
Fintech startup Mala closes USD 7 mn pre-seed funding round
Homegrown fintech Hala is now part of the Saudi Unicorns Program
Jaras Hospitality closes SAR 2.5 mn pre-seed funding round
The capital is earmarked for improving the company’s product-market fit + expanding the customer base
SVC invests USD 15 mn in new Saudi startup fund
Saqr Fund II targets a total fund size of USD 90 mn
Edtech Aila secures USD 1.2 mn pre-seed funding
Proceeds from the round will support regional expansion and boost tech
UMX Studio secures USD 4.5 mn from Accel-backed Jetapult
Jetapult will also help UMX Studio develop its products and tap new markets
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