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Malaa Raises $17.3M in Series A Funding

Malaa, a Saudi Arabia-based provider of a wealth management tool, raised $17.2M in Series A funding. The round was led by SNB Capital, with participation...

Riyadh Valley Company Invests in Raed Ventures’ Third Fund 

Riyadh Valley Company, the investment arm of King Saud University, made an investment in Raed Ventures’ third fund (RAED III LP). Raed Ventures Company is...

Resal Raises $9M in Funding

Resal, a Jeddah, Saudi Arabia-based provider of an e-gifting platform, raised $9M in funding. Backers included Derayah Ventures Fund, Al-Wafrah AlThanya Investment Company, Venture Souq...

Intelmatix Raises $20M in Series A Funding

Intelmatix, a Riyadh, Saudi Arabia-based deep tech AI company, raised $20m in Series A funding. The round was led by Shorooq Partners with participation from Saudi Venture...

Boston Oncology Arabia Received USD 35M Investment

Boston Oncology Arabia, a Riyadh, Saudi Arabia-based bio-generic drugs manufacturing company, received a USD 35M investment. TVM Capital made the investment. The company intends to...

Iyris Raises $16M in Series A Funding

Iyris, a Saudi Arabia-based AgriClimate technology company, raised $16M in Series a funding. The round was led by Ecosystem Integrity Fund, with participation from Global...

Merit Raises $12M in Pre-Series B Financing

Merit, a Riyadh, Saudi Arabia-based customer and engagement technology company, raised $12M in Pre-Series B funding. The round was led by Alisthithmar Capital i-Cap...

Abyan Capital Raises $18M in Series A Funding

Abyan Capital, a Saudi Arabia-based robo-advisory company, raised $18M in Series A funding. The round was led by STV with participation from Wa'ed Ventures and...

From LA to Riyadh: Outer Edge Web3 Innovation Summit debuts in Saudi Arabia in partnership with Animoca Brands and KACST

Riyadh, KSA, March 20th, 2024, FinanceWire Outer Edge, Animoca Brands and King Abdulaziz City for Science and Technology (KACST) present Summit on 23 April to...

BRKZ Raises $8M in Series A Funding

BRKZ, a Saudi Arabia-based construction tech startup, raised $8M in Series A funding. The round, which brought the total amount raised to date to $13.55M,...

Aramco Expands Global Venture Capital Program With $4 Billion

Aramco, a Saudi Arabia-based global integrated energy and chemicals company, allocated an additional $4 billion to its global venture capital arm, Aramco Ventures.  It will more than double...

Nearpay Raises $14M in Series “A” Funding Round

Nearpay, a Riyadh, Saudi Arabia-based fintech startup specializing in payments infrastructure as a service, raised $14M in Series A funding. The round was led by...

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