Saudi Arabia-based AR/VR experience provider, Vreal secured an undisclosed pre-seed investment round from the ..Read More

Saudi Arabia-based AR/VR experience provider, Vreal secured an undisclosed pre-seed investment round from the numu Angels Investment Community. Founded in 2022, Vreal enables e-commerce businesses to convert products into 3D models within 30 seconds using advanced scanning technology. The company aims to expand its technology's applications to interior design, real estate, tourism, and heritage within Saudi Arabia and beyond.
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• Ecommerce

Egypt-based agritech ReNile secured $0.45M in investment from undisclosed investors. Founded in 2017 by Hazem ..Read More

Egypt-based agritech ReNile secured $0.45M in investment from undisclosed investors. Founded in 2017 by Hazem Eltawab, ReNile offers a full-stack solution for farmers, including monitoring systems, emergency alerts, control tools, and analytics for best farming practices through its online platform.
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• Agri-tech

Saudi Venture Capital (SVC) invested in Global Ventures III, an early-stage venture capital fund managed by Gl ..Read More

Saudi Venture Capital (SVC) invested in Global Ventures III, an early-stage venture capital fund managed by Global Ventures, which has a fund size exceeding $150 million. The investment supported the fund’s focus on targeting tech and tech-enabled sectors across Saudi Arabia, MENA, and Sub-Saharan Africa. The fund prioritised investments in supply chain technology, agritech, enterprise SaaS, and emerging technologies, including AI and deep-tech.
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• Tech-focused
• Venture Capital

Saudi Arabia-headquartered foodtech, Calo raised $25 million in its Series B funding round, led by Nuwa Capita ..Read More

Saudi Arabia-headquartered foodtech, Calo raised $25 million in its Series B funding round, led by Nuwa Capital with participation from STV, Khwarizmi Ventures, and regional family offices. Founded in Bahrain in 2019 by Ahmed Alraw and Moayed Almoayed, Calo provides personalised meal subscriptions for health-conscious customers. The company, which operates across Saudi Arabia, UAE, Bahrain, Qatar, and Kuwait, has raised a total of $26 million to date, with previous backing from Vision Ventures, 500 Startups, Savour Ventures, Nama Ventures, and other angel investors.
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• Foodtech

Saudi Arabia-based edtech, YNMO secured $5 million in investment, led by Wa’ed Ventures, with participation ..Read More

Saudi Arabia-based edtech, YNMO secured $5 million in investment, led by Wa’ed Ventures, with participation from Qatar Development Bank (QDB) and Nour Nouf Ventures. Previously, in 2021, Wa’ed had invested $500,000 in the company. Founded in 2017 by Fahad Al-Nemary, Abdullah Murad, and Faisal Al-Nemary, YNMO specialises in educational and rehabilitative technology, providing data-driven, tailored solutions to empower children of all abilities.
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• Edtech

Oman Investment Authority (OIA) acquired an undisclosed stake in Elon Musk’s AI startup, xAI, as part of its ..Read More

Oman Investment Authority (OIA) acquired an undisclosed stake in Elon Musk’s AI startup, xAI, as part of its portfolio diversification strategy. Earlier, xAI raised $6 billion in a Series B round from investors including Qatar Investment Authority, Valor Equity Partners, and Saudi Arabia’s Kingdom Holding, reaching a $50 billion valuation. OIA is also a shareholder in Musk’s SpaceX.
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• Information Technology

Saudi Arabia-based AI infrastructure provider OmniOps secured $8 million in funding from GMS Capital Ventures. ..Read More

Saudi Arabia-based AI infrastructure provider OmniOps secured $8 million in funding from GMS Capital Ventures. Founded in 2024 by Mohammed Altassan, OmniOps delivers cloud and high-performance computing (HPC) solutions to support businesses with scalable infrastructure. The investment enabled OmniOps to scale operations, enhance R&D, and advance AI infrastructure in Saudi Arabia.
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• Information Technology

Iraq-based Iraq Venture Partners (IVP) secured $2.7 million from the Kingdom of the Netherlands for the second ..Read More

Iraq-based Iraq Venture Partners (IVP) secured $2.7 million from the Kingdom of the Netherlands for the second phase of the Orange Corners Innovation Fund (OCIF). The funding aimed to provide technical expertise, network access, and financial support to Iraqi entrepreneurs.
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• Startups
• Venture Capital