FlexxPay Raises Pre-Series A Funding Round
FlexxPay, a fintech company focusing on employee benefit solutions, raised a pre-series A funding round of undisclosed amount.
Saudi Arabia
HyperPay Closes 8-Digit Funding Round
HyperPay, a Riyadh, Saudi Arabia-based payment processing company, closed an 8-digit funding round.
Nala Raises $1M in Funding
Nala, a Riyadh, Saudi Arabia-based digital health service, raised $1m in its first financing.
Jollychic Raises USD$65M in Series C+ Funding
Jollychic, a Chinese e-commerce platform focusing on the Middle East region, recently completed its US $65m (AED 238.5m) Series C+ funding round.
Saudi Arabia, Public Investment Fund Launches Fund of Funds
Public Investment Fund of Saudi Arabia has launched a SAR 4 billion fund of funds.
Starz Play Raises Multi-Million Dollar Funding
Starz Play, a Dubai, UAE- on-demand video streaming service, announced a new multi-million dollar funding investment.
SoftBank Group Launches up to £100 Billion Tech Fund
SoftBank Group Corp. is to form a private fund for making investments in the technology sector globally.
Saudi Arabia, Other Tech Investments WIll Follow Uber
The massive $3.5 billion investment in mobile black cab hailing service Uber made by the Public Innovation Fund of Saudi Arabia sparked comments by analysts worldwide about the interest of the Kingdom for technology companies.
Saudi Arabia-Based Startup Nomadd Receives Closes $1M Series A Funding
Nomadd (NO-water Mechanical Automated Dusting Device), a Thuwal, Saudi Arabia-based startup developing a smart and ecological desert solar panel cleaning system, recently closed a $1m Series A funding.