Backed by Helios Investment Partners, Raya Foods eyes new markets with a $65 million valuation and a new freeze-drying facility.
A major driver behind the surge is Hub71, Abu Dhabi’s global tech ecosystem.
Considered Saudi Arabia’s first B2B Procure-Now, Pay-Later’ platform, Mala has secured $7 million in pre-seed funding backed by Shorooq Partners and others.
The Ministry of State for Foreign Trade launched an incubator to support startups focused on advanced technology in trade, enhancing logistics and trade finance through the TradeTech Accelerator.
We speak with experienced entrepreneurs and investors on the subtleties and complexities of exiting your business.
Saqr Fund II will invest in early-stage startups in Saudi Arabia and MENA, supporting innovation from pre-seed to pre-series B.
The Egyptian-led investment firm is actively scouting for opportunities in Saudi Arabia and the UAE.
Founded in 2014, UMX is one of Saudi Arabia’s pioneering homegrown game development studios.
Rabbit Mobility has seen significant growth in recent years, with over 450,000 users completing more than one million rides.
AILA offers a platform that personalizes the educational experience for students through artificial intelligence.
By 2030, the Saudi Ministry of Finance aims to increase the number of local fintech firms to 525.
The platform has generated over $30 million in demand for its Rent Now, Pay Later service, expanding to 17 cities since launch.
Core Vision Investment closed a $1.5 million funding round with Silicon Valley Holding for its fintech app, Krti. The app aims to enhance financial services in Kuwait and Saudi Arabia.
Founder Ranime El Skaff looks to use cutting-edge technology to make real estate accessible to the average consumer.
The amendment exempts investment fund management services, certain virtual asset services and charitable donations, aiming to enhance its investment environment and support economic growth.
In September, Saudi Arabian startups raised $165.3 million, while startups in the UAE raised $114.3 million.