Saudi Arabia-based proptech HissaTech has secured funding in a pre-Seed round led by unnamed angel investors. ..Read More

Saudi Arabia-based proptech HissaTech has secured funding in a pre-Seed round led by unnamed angel investors. Founded in 2024, HissaTech offers a platform that enables individuals to co-own properties, providing rental income and potential capital gains while reducing barriers for smaller investors. The investment will be used to expand its customer base, enhance its digital platform, and build strategic partnerships within the proptech sector.
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• Proptech

Saudi Arabia-based SaaS provider Reachware has secured funding led by Sadu Capital, with participation from 50 ..Read More

Saudi Arabia-based SaaS provider Reachware has secured funding led by Sadu Capital, with participation from 500 Sanabil Investments and Elm Company. Founded in 2021, Reachware offers services such as system integration, process automation, and advanced analytics. The company will use the investment to expand operations, develop new products, and strengthen its presence in the GCC market.
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• Information Technology

Saudi Arabia-based autotech Syarah has secured funding led by Artal Capital, with participation from Elm, Impa ..Read More

Saudi Arabia-based autotech Syarah has secured funding led by Artal Capital, with participation from Elm, Impact46, Tawuniya, and Derayah Ventures, bringing its total investment to over $82 million.
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• Autotech

Saudi Arabia-based fintech Tabby has finalized the acquisition of Tweeq, a Saudi-based digital wallet licensed ..Read More

Saudi Arabia-based fintech Tabby has finalized the acquisition of Tweeq, a Saudi-based digital wallet licensed by the Saudi Central Bank (SAMA). Founded in 2019, Tabby is a BNPL fintech with over $6 billion in annualized transaction volume. Tweeq, launched in 2020, offers a digital spending account for managing money. This acquisition will allow Tabby to expand its financial product offerings, including digital wallets, spending accounts, and money management tools.
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• Fintech

Saudi Arabia-based healthtech Thakaa Med has secured Seed investment through the Falak Angels syndicate. Found ..Read More

Saudi Arabia-based healthtech Thakaa Med has secured Seed investment through the Falak Angels syndicate. Founded in 2022 by Alwaleed Albadr, Thakaa Med specializes in AI-driven healthcare solutions, focusing on predictive, preventive, and personalized technologies. The capital will accelerate the enhancement of its AI models and support the market launch of its flagship products, Dental IQ and Chest IQ.
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• Healthtech