Saudi’s Penny Software raises fresh funds to grow its procurement SaaS platform
Riyadh-based B2B SaaS procurement platform Penny Software has raised undisclosed amount of funding in a pre-Series A round, it announced today. The...
STC Bank launches private beta following approval from Saudi Central Bank
STC Bank has become one of the first licensed digital bank in Saudi Arabia to roll out a private beta. The firm,...
Saudi’s Kitchenara raises $380,000 to build a TikTok for food delivery
Riyadh-based foodtech startup Kitchenara has raised $380,000 from angel investors, it announced in a statement earlier this month. The startup did not...
Jahez’s bottom line soars: profit more than doubles to $33 million, revenue grows by 11 percent to $476 million
Jahez, the leading Saudi food delivery company, has reported its 2023 earnings, marking a significant (and expected) turnaround in its financial performance....
Foodics eyes $100 million in annual recurring revenue by 2025
Foodics, the leading POS software and restaurant management system for F&B businesses in the Middle East & North Africa, is aiming to...
Breadfast doubles revenue in 2023, valuation hits $257 million
Breadfast, the leading grocery delivery platform in Egypt, doubled its revenue in USD terms in 2023, the recently announced financials of one...
Saudi’s Buildnow raises $9.4 million seed for its construction material financing platform
Riyadh-based fintech Buildnow has raised $9.4 million in a seed round led by Raed Ventures and Khwarizmi Ventures, it announced on Tuesday...
Unifonic launches a $15 million fund to invest in B2B SaaS startups in MENA, Turkey & Pakistan
Unifonic, the leading Communications Platform as a Service (CPaaS) startup of the region, is launching a $15 million fund, it announced at...
Salla’s partial exit spells big win for Saudi’s Vision Ventures with a 225x return
Vision Venture, a Saudi venture capital firm that invests in early-stage startups across the Middle East & North Africa, has exited a...
Saudi ecommerce enablement platform Salla raises $130 million in pre-IPO round
Makkah-headquartered ecommerce enablement platform Salla has raised $130 million in a pre-IPO round led by Investcorp, a Bahrain-based global investment firm, and...
- Microsoft invests $1.5 billion in UAE-based AI holding company G42
- Saudi’s Penny Software raises fresh funds to grow its procurement SaaS platform
- STC Bank launches private beta following approval from Saudi Central Bank
- Saudi’s Kitchenara raises $380,000 to build a TikTok for food delivery
- Bahrain’s Ahlan raises $3 million for its food delivery and customer loyalty platform
