Saudi Arabia-based edtech, UpLevel, secured an undisclosed pre-Seed funding round from a group of angel invest ..Read More

Saudi Arabia-based edtech, UpLevel, secured an undisclosed pre-Seed funding round from a group of angel investors. Founded in 2024 by Idris Alshayea and Hamad AlLuhaidan, UpLevel helps companies enhance employee performance through professional coaching. The investment will support the company’s growth and expansion efforts, enabling it to scale its platform and strengthen its network of experienced coaches.
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• Edtech

Saudi Arabia-based e-services provider, Wilow secured an undisclosed pre-Seed investment round from a group of ..Read More

Saudi Arabia-based e-services provider, Wilow secured an undisclosed pre-Seed investment round from a group of angel investors. Founded in September 2024 by Mohammed Al-Marri and Wijdan Al-Otaibi, Wilow offers a laundry booking service via an intelligent mobile application. The funding was aimed at enhancing its technological infrastructure and expanding its customer base to new regions.
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• e-Services

Saudi Arabia-based proptech Rize secured $35 million in a Series A funding round, comprising a mix of equity a ..Read More

Saudi Arabia-based proptech Rize secured $35 million in a Series A funding round, comprising a mix of equity and debt. The round was led by Raed Ventures, with additional participation from SEEDRA Ventures through its second fund, Aqar Platform, JOA Capital, NAMA Ventures, and HALA Ventures. Founded in 2021 by Ibrahim Balilah and Mohammed AlFraihi, Rize employs a rent-now-pay-later model, enabling tenants to pay rent in flexible monthly instalments. The investment was directed toward accelerating growth and enhancing tech solutions for tenants and property owners.
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• Proptech

Saudi Arabia-based agritech, Arable successfully closed a $2.55 million (SAR 9.75 million) Seed funding round, ..Read More

Saudi Arabia-based agritech, Arable successfully closed a $2.55 million (SAR 9.75 million) Seed funding round, with 90% of the capital sourced from foreign investors. The round included contributions from institutional and private investors, with the funds directed toward advancing hydroponic farming in Saudi Arabia. Co-founded in 2024 by Lawrence Ong and Christina Khalife, along with Executive Partners Marc and Anthony Eid, Arable develops cost-effective, locally adapted hydroponic farms to support sustainable vegetable production in the desert climate.
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• Agri-tech

Saudi Arabia-based AI-powered networking platform, Halo AI, secured $6 million in Seed funding, led by Raed Ve ..Read More

Saudi Arabia-based AI-powered networking platform, Halo AI, secured $6 million in Seed funding, led by Raed Ventures and Shorooq Partners, alongside other investors. Founded in 2024 by Vito Strokov, Rami Saad, and Alex Gadalin, Halo leverages AI to connect brands with nano- and micro-influencers in niche markets. The funding supported Halo AI's plans for global expansion, starting with Dubai and Kuwait, and scaling rapidly across MENA, Europe, and North America.
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• AI

Saudi Arabia-based interior design marketplace Revie raised $2.5 million in a Seed funding round led by Sanabi ..Read More

Saudi Arabia-based interior design marketplace Revie raised $2.5 million in a Seed funding round led by Sanabil Venture Studio by Stryber. Founded in 2024 by Ibrahim Abu Khadra, Revie offers an end-to-end renovation platform for residential and commercial projects. The funding was allocated to investing in technology and building a scalable foundation to support the company’s long-term growth.
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• Lifestyle and Home Improvement

Saudi Arabia-based aftersale services provider, Zension Technologies closed a $30 million Series A funding rou ..Read More

Saudi Arabia-based aftersale services provider, Zension Technologies closed a $30 million Series A funding round led by Saudi Aramco’s venture capital arm, Wa’ed Ventures, with participation from Japan’s Sumitomo Corporation and regional investor Global Ventures. Founded in 2018 by Khalid Saiduddin and Nikos Anastasiadis, Zension offers protection, extended warranty, and guaranteed buyback services for mobile devices and consumer electronics through major retailers, telcos, and OEMs in Saudi Arabia and the UAE. The funding supported the development of its new service, Zaam, set to launch in Q1 2025.
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• Information Technology

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