Saudi Arabia-based e-services platform, LAHINT, secured $1 million in a pre-seed funding round from undisclose ..Read More

Saudi Arabia-based e-services platform, LAHINT, secured $1 million in a pre-seed funding round from undisclosed investors. The investment will support the expansion of its governmental services and the introduction of AI-powered eligibility consultations. Previously, in 2023, LAHINT raised $267,000 in an initial pre-seed round.
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• e-Services

Saudi Arabia-based edtech, ULA.me, raised $28 million in a Series B funding round led by Growth Visions Fund, ..Read More

Saudi Arabia-based edtech, ULA.me, raised $28 million in a Series B funding round led by Growth Visions Fund, with participation from Jordan Capital & Investment Fund and Foursan Group. Founded in 2022 by Alaa Jarrar, ULA leverages AI, VR, and AR for personalized learning. The investment supported its expansion in Saudi Arabia and the development of a generative AI-backed digital education platform.
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• Edtech

UAE-based rewards and loyalty platform, Merit Incentives, raised $28 million in a Series B funding round from ..Read More

UAE-based rewards and loyalty platform, Merit Incentives, raised $28 million in a Series B funding round from Capital Investment, Stride Ventures, Tech Invest Com, and Oryx Fund. Founded in 2016 by Julie Leblan and Thrishan Padayachi, the company provides digital gift cards and engagement solutions across multiple markets. The investment followed its $5 million Series A in 2021 and a $12 million Pre-Series B round in mid-2024.
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• Service

Saudi Arabia-based contech, BRKZ, completed its Series A extension at $17 million, including $8 million raised ..Read More

Saudi Arabia-based contech, BRKZ, completed its Series A extension at $17 million, including $8 million raised in March last year and $1 million in venture debt. The round was backed by Capifly, along with existing investors such as BECO Capital, Aramco’s Waed, and others. This funding brought BRKZ’s total funding to $22.5 million and will support its expansion within Saudi Arabia and its supplier network in China and India.
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• Contech

Saudi Arabia-based social media platform, Mush Social, acquired Pubbles, a Saudi Arabia-based social media app ..Read More

Saudi Arabia-based social media platform, Mush Social, acquired Pubbles, a Saudi Arabia-based social media app, to expand its user base and strengthen its digital presence. Founded in 2022 by Abdulhadi Alasmi, Mush Social integrates virtual assets and rewards through its map-based platform. Pubbles, launched in 2020, specialized in interactive virtual communities. This acquisition aligns with Mush Social’s growth strategy following its $1.2 million pre-seed round in November 2024.
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• Media & Entertainment

Saudi Arabia-based SaaS provider, Salla, has acquired Sweply, a Saudi digital advertising platform, which will ..Read More

Saudi Arabia-based SaaS provider, Salla, has acquired Sweply, a Saudi digital advertising platform, which will be rebranded as "Salla Ads" to enhance its advertising solutions. This follows Salla’s $130 million pre-IPO investment round in March 2024, led by Investcorp, with participation from Sanabil Investment and STV. The funding aimed to accelerate Salla’s growth and expand its ecosystem, strengthening its position in the e-commerce space.
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• Marketing & Advertising

Saudi Arabia-based regtech, Mohami, raised $266,000 in a pre-seed funding round at a $4 million valuation. Fou ..Read More

Saudi Arabia-based regtech, Mohami, raised $266,000 in a pre-seed funding round at a $4 million valuation. Founded in 2023, the company specialises in AI-powered legal consultations. The investment aimed to support Mohami’s expansion within the Saudi market.
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• Regulatory Tech

UAE-based visa-as-a-service platform, VISARUN.AI, secured $700,000 in pre-seed funding from unnamed angel inve ..Read More

UAE-based visa-as-a-service platform, VISARUN.AI, secured $700,000 in pre-seed funding from unnamed angel investors. The investment will support the development of its visa-as-a-service platform, expansion of its sales team, and growth into key markets, including the UAE, Saudi Arabia, Qatar, India, and China. Founded in 2024 by Vladimir Indjikian and Alena Iakina, VISARUN.AI streamlines visa processing, reducing manual labor by up to 70%.
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• Travel-tech