Startups
+4
Feb 19, 2026
•
3 min read
Saudi Arabia's HUMAIN invested $3B in Musk's xAI before SpaceX acquisition, now holds SpaceX shares
The PIF-owned AI company's stake converted into SpaceX equity following the merger, making HUMAIN a significant minority shareholder in Musk's space business.
Fintech
+4
Feb 16, 2026
•
2 min read
Saudi energy fintech Cashin raises $16M Series A led by Impact46 to digitise fuel station operations
Founded in 2021 by Omar Al-Rumh, Abdulkarim Zureik, and Obay Al-Madhi, Cashin previously raised a $1.6M seed round led by Mine Investor with participation from BIM Ventures.
Fintech
+4
Feb 9, 2026
•
3 min read
Saudi spend management platform SiFi raises $20M Series A led by Ra’ed Ventures
The round also saw participation from a mix of global and regional investors including QED Investors, Breyer Capital, MEVP, Sanabil Investments, Khawarizmi Ventures, SEEDRA Ventures, Rua Growth Fund, anb capital, and Tech Invest Com.
Fintech
+4
Feb 9, 2026
•
2 min read
InvestSky raises $4M seed round, enters Saudi Arabia with CMA license and anb Capital partnership
The seed round was backed by Emkan Capital, Run Ventures, S3 Ventures (by Joa Capital), and the Al-Romaizan Family Office, bringing total funding raised to $7.4 million.
Startups
+3
Feb 9, 2026
•
3 min read
Safqah Capital raises $15.2M in one of the Kingdom’s largest ever Seed rounds to build real estate development backbone
The round was led by Shorooq, anb Seed Fund, and Rua Growth Fund, with participation from Sharaka Capital, COTU Ventures, Sadu Capital, 500 Global, Suhail Ventures, MEVP, Waad Invest, JOA Capital, and others.
Fintech
+4
Jan 26, 2026
•
2 min read
Vennre raises $9.6M pre-Series A to expand private market access in Saudi Arabia
Backed by Vision Ventures and anb seed Fund, the wealth creation platform targets the region’s HENRY segment with curated private equity, real estate, and Sharia-compliant investment access.
Agritech
+4
Jan 21, 2026
•
4 min read
Grove raises $5M seed to build vertically integrated fresh-produce supply chain in Saudi Arabia
Founded in 2024 by Mohammed bin Ghanam and Ayman AlFifi, Grove operates as a consumer-facing fresh-produce brand built on a vertically coordinated, technology-enabled supply chain
Startups
+4
Jan 14, 2026
•
2 min read
Governata raises $4M seed to build Saudi Arabia’s first Arabic-first, AI-ready data governance platform
The round was led by Vision Ventures, with participation from Mashhoor Aldubayan, Mazen Aldarrab, and Abdulla Nadeem Elyas.
Startups
+4
Jan 13, 2026
•
2 min read
Saudi-based Madeed raises $400K as Eight Sleep exit founder Adam Bataineh launches preventative health and longevity platform
The round was led by Vision Ventures, with participation from Mashhoor Aldubayan, Mazen Aldarrab, and Abdulla Nadeem Elyas.
SaaS
+4
Dec 30, 2025
•
3 min read
Saudi retail software startup Rewaa secures $45M Series B to double down on AI
The round was led by Wa’ed Ventures (the VC arm of Saudi Aramco), Sanabil Investments, and Unifonic Ventures.
Contech
+2
Dec 15, 2025
•
1 min read
From Careem $3.1 exit to disrupting Saudi construction
Ibrahim Manna, who led Careem’s expansion across 11 of its 15 markets, joins the podcast. He is now the Founder and CEO of BRKZ, a Saudi-based construction tech company that has raised over $50 million to tackle inefficiencies in construction procurement.
Startups
+4
Dec 3, 2025
•
3 min read
Saudi cybersecurity startup COGNNA raises $9.2M Series A to scale AI-led security operations
Impact46 doubles-down as COGNNA pushes into global markets with its agentic SOC platform, promising faster threat detection and lower security operations costs.
Fintech
+4
Nov 27, 2025
•
3 min read
Saudi-based Erad secures $125M facility from Jefferies and Channel to scale embedded SME finance across the GCC
The capital will expand erad’s embedded finance solutions into new B2B verticals including manufacturing, logistics, distribution and real estate services, with financing ticket sizes of up to SAR 10 million.
Startups
+4
Nov 25, 2025
•
2 min read
Strataphy raises $6M Seed to develop geothermal cooling systems for data centres and industrial infrastructure
Outliers VC leads investment to scale subsurface-powered cooling technology across Saudi Arabia and the UAE.
Startups
+3
Nov 25, 2025
•
2 min read
Founders Fund leads $11.7M Series A in Mnzil, marking its first lead investment in Saudi Arabia
The US firm, known for backing SpaceX, Airbnb and OpenAI, will support Mnzil’s expansion of workforce housing solutions across the GCC.
