$8M
Series A extension
- Saudi Arabia
- October 23, 2024
Mobility startup invygo, based in Saudi Arabia, has secured an $8 million Series A extension led by STV's NICE ..Read More
Mobility startup invygo, based in Saudi Arabia, has secured an $8 million Series A extension led by STV's NICE Fund, with participation from investors such as Al Rajhi Partners and Arab Bank Ventures. Founded in 2019 by Eslam Hussein and Pulkit Ganjoo, invygo operates in Saudi Arabia, UAE, and Qatar, offering an app-based service for choosing, driving, and swapping cars. With over $22 million in total funding, the company is on course to achieve profitability by the end of FY 2024.
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$82.8M
Undisclosed
- Saudi Arabia
- September 25, 2024
Saudi Arabia's mobility startup SHIFT has raised $82.8 million in funding from Merak Capital. This investment ..Read More
Saudi Arabia's mobility startup SHIFT has raised $82.8 million in funding from Merak Capital. This investment aims to accelerate SHIFT's growth and enhance its innovative intelligent solutions, positioning the company to further develop its tech-focused mobility services across the Kingdom.
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