Funding
Keep up with the latest MENA region funding news with our blog. We'll keep you up-to-date on the latest funding announcements, grants, and regional competitions.
Saudi Arabia Makes Major Investment: $120 Million Infusion to Elevate Gaming and Esports Industry
The National Development Fund (NDF) and the Social Development Bank (SDB) have committed SAR 450 million ($120 million) to establish...
Rabeh Financial Secures 3 Million Saudi Riyals in Seed Funding
Rabeh Financial secures 3 million Saudi Riyals in seed funding, valuing the company at 30 million Saudi Riyals, signalling investor...
Bahrain’s Arcapita Ventures into Saudi Market with $500 Million Logistics Fund
Arcapita Capital, a Bahrain-based investment management firm and subsidiary of Arcapita Group, has successfully concluded the closure of KSA Logistics...
Investing in Construction Tech: Buildnow Raises $9.4 Million in Seed Round
Buildnow secures $9.4M in seed funding led by Raed Ventures and Khwarizmi Ventures, with notable backing from Careem co-founder Abdulla...
RemotePass Raises $5.5 Million in Series A Funding Round
RemotePass secures $5.5M in Series A funding led by 212 VC, with notable investors like Endeavor Catalyst and A15 backing...
Fostering Economic Development: Extend Group and Rassanah Financial Introduce $26.6 Million Fund for Saudi SMEs
Extend Group and Rassanah Financial unveil SAR100 million Extend Fund to support SME growth and innovation in Saudi Arabia, focusing...
Saudi Startup Salla Secures $130 Million Pre-IPO Investment
Investcorp Sanabil Investment and STV spearhead a significant $130 million pre-IPO investment round in Salla, a prominent SaaS e-commerce platform...
Qatar’s Prime Minister Sheikh Mohammed Bin Abdulrahman Al-Thani Announced a $1 Billion Investment in International & Regional Venture Capital Funds
Qatar's Prime Minister, HE Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, spearheads a $1 billion venture capital initiative by...
Sawari Ventures Unveils $150 Million Fund to Support Egyptian Startups
Sawari Ventures announces a substantial $150 million fund dedicated to supporting Egyptian startups, signalling a significant boost for the country's...
Exverse Secures $3 Million Investment to Revolutionize Web3 Gaming
Exverse secures a $3 million investment from key players like Cogitent Ventures, marking a significant step in revolutionizing Web3 gaming....
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