Jada Fund of Funds has invested in Jadwa GCC Private Equity Fund I, managed by Jadwa Investment, a prominent S ..Read More

Jada Fund of Funds has invested in Jadwa GCC Private Equity Fund I, managed by Jadwa Investment, a prominent Shariah-compliant investment firm in the MENA region. The fund aims to raise SAR 1.5 billion, with a hard cap of SAR 2.0 billion, to invest in companies across GCC countries, with a primary focus on Saudi Arabia. This marks Jadwa's first regional blind pool fund, building on its successful history of 16 single-asset funds since 2007.
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• Private Equity

Saudi Arabia-based edtech Aanaab completed its Series A funding round, securing $7 million from Dallah Investm ..Read More

Saudi Arabia-based edtech Aanaab completed its Series A funding round, securing $7 million from Dallah Investment Holding. The funds will enable Aanaab to expand its operations, broaden its range of training programs, and upgrade its technological infrastructure through AI.
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• Edtech

Riyadh-based fintech infrastructure provider, Lean Technologies raised $67.5M in a Series B funding round led ..Read More

Riyadh-based fintech infrastructure provider, Lean Technologies raised $67.5M in a Series B funding round led by General Catalyst, marking the firm’s first investment in a Saudi startup. Additional investors included Bain Capital Ventures, Duquesne Family Office, and Arbor Ventures, bringing Lean’s total funding to over $100 million.
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• Fintech

Kuwait-based Arzan Venture Capital invested $M alongside Arzan Financial Group (AFG) to establish Revenya Capi ..Read More

Kuwait-based Arzan Venture Capital invested $M alongside Arzan Financial Group (AFG) to establish Revenya Capital, a Saudi Arabia-based revenue-based financing (RBF) firm. Supported by a credit facility from AFG’s network, Revenya Capital aims to address the demand for non-dilutive financing solutions in the MENA region, focusing on empowering tech startups.
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• Fintech

Saudi Arabia-based BIM Ventures and Japan's SBI Holding have launched BIM Capital, a joint venture focused on ..Read More

Saudi Arabia-based BIM Ventures and Japan's SBI Holding have launched BIM Capital, a joint venture focused on expanding growth opportunities across Saudi Arabia and the Middle East. BIM Capital will invest in private equity, venture capital, debt funds, and real estate development, aiming to attract over $200 million in foreign direct investment (FDI) and achieve assets under management (AUM) exceeding $2 billion.
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• Debt Funds
• Private Equity
• Real Estate
• Venture Capital

Beta Lab, a Saudi deep tech fund and studio, launched with $300 million at the 2024 Future Investment Initiati ..Read More

Beta Lab, a Saudi deep tech fund and studio, launched with $300 million at the 2024 Future Investment Initiative. It aims to support startups and foster innovation between the Middle East and Southeast Asia. The fund is backed by the Saudi Ministry of Investment, the Research, Development, and Innovation Authority, HKSTP, and MDI Ventures by Telkom Indonesia.
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• Deeptech

Saudi Arabia-based prop-tech ARKTECH has secured $1 million in a pre-Seed funding round led by Core Vision Inv ..Read More

Saudi Arabia-based prop-tech ARKTECH has secured $1 million in a pre-Seed funding round led by Core Vision Investment. Established in 2023 by Waheed Al Jassas, ARKTECH aims to deliver profitable returns on real estate investments. This funding will bolster ARKTECH's standing as the top utility contract trading platform and enable it to broaden its offerings with cutting-edge, tech-driven investment solutions.
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• Proptech

Rua Growth I LP igot investment of $5M from Jordan’s Innovative Startups and SMEs Fund (ISSF) to support inv ..Read More

Rua Growth I LP igot investment of $5M from Jordan’s Innovative Startups and SMEs Fund (ISSF) to support investment in Jordanian startups. Rua Growth Fund, a $45 million venture capital fund based in Saudi Arabia, focuses on early-stage companies across sectors like e-commerce, fintech, enterprise solutions, and SaaS. This collaboration seeks to harness Jordan’s entrepreneurial strengths, driving innovation and boosting the regional competitiveness of Jordanian startups.
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