Saudi-based PetroApp has secured $50 million in funding led by Jadwa Investment, with Bunat Ventures also part ..Read More

Saudi-based PetroApp has secured $50 million in funding led by Jadwa Investment, with Bunat Ventures also participating. The digital fuel and fleet management platform will use the capital to launch retail services in Saudi Arabia, enhance its tech stack, and expand globally—advancing Vision 2030 goals and solidifying its leadership in mobility digitisation.
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• Digital fuel and Fleet Management Platform

Morni, Saudi Arabia’s leading tech-enabled automotive services platform, has secured an undisclosed investme ..Read More

Morni, Saudi Arabia’s leading tech-enabled automotive services platform, has secured an undisclosed investment from STV, via its newly launched $100 million NICE fund. Founded by Salman Alsuhaibaney in 2015, Morni is evolving from a roadside assistance provider into a fully integrated mobility ecosystem spanning auctions, insurance TPA, garages, and spare parts recycling. Backed by proprietary tech and a growing garage network across 75+ locations, Morni is positioned to redefine the automotive services landscape in line with Saudi Vision 2030. The investment will accelerate Morni’s expansion and innovation roadmap, while reinforcing STV’s commitment to scaling transformative mobility infrastructure across the region.
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• Autotech

Saudi-Egyptian AI startup Darwinz AI (TheDar.AI) has raised $325,000 in a seed funding round led by Flat6Labs ..Read More

Saudi-Egyptian AI startup Darwinz AI (TheDar.AI) has raised $325,000 in a seed funding round led by Flat6Labs KSA and Glint Ventures. The company, founded in Egypt in 2021 by Emad Elazhary and Mohy Aboualam, is the creator of dima, an AI Copilot that boosts productivity for PR professionals, marketers, and brand managers. With a client retention rate over 90% and operations across six countries, TheDar.AI will use the funding to accelerate product development, grow its Riyadh-based team at The Garage (KACST), and prepare for a global rollout. Backed by Google Cloud and rapidly scaling, Darwinz AI aims to become a global force in AI productivity tools.
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• AI

Saudi Arabia-based fintech infrastructure platform, Stitch, raised $10 million in a seed round backed by Arbor ..Read More

Saudi Arabia-based fintech infrastructure platform, Stitch, raised $10 million in a seed round backed by Arbor Ventures, COTU Ventures, Raed Ventures, and Saudi Venture Capital (SVC), along with regional family offices and angel investors. The capital was allocated to fuel Stitch’s expansion across MENA and East Africa, supporting its mission to accelerate the development and deployment of modern financial solutions through its unified API-driven platform.
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• Fintech

Saudi Arabia-based retail tech startup, BirdEye, raised $586,000 in a pre-seed round from a private tech-focus ..Read More

Saudi Arabia-based retail tech startup, BirdEye, raised $586,000 in a pre-seed round from a private tech-focused fund. The funding, secured shortly after its November 2024 launch, marked a key step in supporting BirdEye’s growth. The capital was aimed at scaling its digital retail platform across the Kingdom and expanding its local team, with a focus on enabling SMEs through streamlined operational tools.
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• Retail

Saudi Arabia-based e-commerce app, Ziadah closed a seed funding round from an undisclosed angel investor. The ..Read More

Saudi Arabia-based e-commerce app, Ziadah closed a seed funding round from an undisclosed angel investor. The capital was used to enhance its customer engagement tools and support the platform’s expansion to more merchants across the region.
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• Ecommerce

Saudi Arabia-based spacetech, SARsatX raised $2.6 million in a Seed round led by TONOMUS, with participation f ..Read More

Saudi Arabia-based spacetech, SARsatX raised $2.6 million in a Seed round led by TONOMUS, with participation from Wa’ed Ventures, Access Bridge Ventures, and KAUST Innovation Ventures. The capital was directed toward advancing SARsatX’s satellite technology and scaling deployment. The startup, spun out of KAUST’s TAQADAM Accelerator, focuses on Earth Observation solutions using Synthetic Aperture Radar.
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• Spacetech

US-based NaaS platform, Graphiant received $19M in Series B extension round from Aramco’s Wa’ed Ventures a ..Read More

US-based NaaS platform, Graphiant received $19M in Series B extension round from Aramco’s Wa’ed Ventures and stc Group’s Tali Ventures, as part of a larger $102 million Series B round. Other investors included Sequoia Capital, Two Bear Capital, and IAG Capital Partners. The investment supported Graphiant’s plans to establish a regional headquarters in Riyadh, aligning with Saudi Arabia’s push to attract emerging technology players.
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• NaaS