Saudi Arabia funding

Tabby is a BNPL unicorn expanding into consumer lending, SME finance, and everyday money management. They raised a $233 million Series F at a $6.5 billion valuation, pushing beyond their previous valuation set by a secondary sale last October.

BRKZ is a Saudi Arabian building materials procurement platform that has raised $31 million in funding. The company aims to streamline the procurement process for construction materials. The funding round was co-led by Aramco's investment arm, Wa'ed Ventures.

Tarabut is a Bahrain-founded financial infrastructure company focusing on embedded lending and credit decisioning in Saudi Arabia. They provide technology that helps banks verify customers, make credit decisions, and distribute financing through third-party platforms, particularly for SMEs. This latest funding aims to further develop their lending infrastructure.

Humain, a Saudi-based entity, is planning an Initial Public Offering (IPO) and has announced the creation of a $2.5 billion fund. This strategic move is intended to fuel the company's future expansion plans.

Gaia is a Saudi Arabian startup building a sovereign AI platform that connects enterprise knowledge and workflows without moving data outside the organization. The platform combines enterprise search, generative AI assistants, and purpose-built agents to automate tasks and preserve data governance. The $1.5 million pre-seed funding will support further product development for operational use cases in Saudi Arabia's growing AI market.

Rwaj is a startup focused on building a live shopping and auction marketplace. It aims to enhance the online shopping experience by integrating live interactions and auctions, targeting consumers looking for a more engaging way to shop. The recent funding will help Rwaj develop its platform further.

Sirdab is a Saudi Arabian logistics startup that provides a platform for businesses to access and manage warehousing, transportation, inventory, and orders across multiple locations. It aims to be the "logistics infrastructure layer" for Saudi Arabia and the GCC. The company has experienced significant revenue growth and profitability since graduating from Y Combinator's Winter 2023 batch.

TakaHouse is a Saudi mobile gaming startup that develops interactive mobile games combining entertainment with social interaction. Founded in 2018, it aims to become a leading game developer and publisher in the region, having already attracted over 140,000 users with its first title, WhistGame.

Nayla Finance is a Saudi Central Bank SAMA licensed fintech providing AI-powered microfinancing solutions for micro businesses and entrepreneurs. The company aims to expand lending to the Kingdom's underserved micro businesses by using alternative data and proprietary credit assessment capabilities. This Pre-Series A round will enable Nayla to increase financing, expand into adjacent customer segments, and strengthen its credit intelligence platform.

ZenHR is a Saudi-based HR technology company that provides solutions for employee management, recruitment, performance management, skills assessments, and earned wage access. The company aims to scale its platform across the MENA region and invest further in AI development for its HR technology ecosystem.

Rabeh is a digital platform designed to connect entrepreneurs with investors. This funding round will help them enhance their services and expand their reach in the market.

FlyAkeed is a Saudi corporate travel platform that provides a comprehensive solution for booking flights, hotels, and ground transport. The company is notable for its new deferred-payment product, Travel Now, Pay Later, which allows companies to manage employee travel expenses more efficiently.

Remedium is a Saudi startup that has developed an advanced platform to help companies measure, manage, and reduce their carbon footprint through digital technologies and automated data analysis. The company aims to enhance its platform with capabilities in artificial intelligence and machine learning, focusing on sustainability management and regulatory compliance.

AILA is a Saudi EdTech company that provides AI-powered educational solutions. The company raised $3 million in a Pre-Seed funding round to enhance its offerings and expand its reach in the education sector.

Tax Star is a startup focused on revolutionizing tax compliance in Saudi Arabia. The company aims to simplify the tax process for businesses and individuals in the region. This funding round will help them enhance their technology and expand their services.

Fitting is a digital platform specializing in the automation and digitization of supply chains in the construction sector. It targets companies in the construction industry, including suppliers, contractors, and real estate developers, by providing technology solutions that improve supply chain management and procurement processes. The recent funding will support its expansion plans in Saudi Arabia and enhance its technological capabilities.

DESAISIV is an insurtech startup focused on developing artificial intelligence technologies for the insurance sector. The company aims to enhance its product portfolio and has launched an AI Insurance Agent platform to improve customer engagement and service delivery.

Fina is a Saudi fintech platform that provides embedded finance solutions tailored for small and medium-sized enterprises (SMEs). The company secured $75 million in Shariah-compliant financing to enhance its offerings. This funding round highlights the growing interest in fintech solutions in the region.

Floaty is a mobile games studio based in Saudi Arabia. The company is currently developing two mobile titles, aiming to capture the growing gaming market in the region. This funding round will support their development efforts and expansion plans.

Noon Academy is a Saudi-based education tech firm that specializes in providing AI-powered learning solutions. The company aims to enhance educational experiences for students through personalized content and exam preparation tools. Their recent acquisition of Almakhfi is part of a strategy to expand their services and strengthen their digital education platform.

Maalexi is an agritech and supply chain fintech startup developing a regulated exchange for tokenized agricultural assets. It aims to modernize cross-border agricultural trade by integrating blockchain technology, AI, and asset verification into a trading platform, enhancing transparency and efficiency.

Jozo is a startup focused on real estate tokenisation, allowing individuals to invest in fractions of properties rather than whole units. The company aims to make real estate investments more accessible in Saudi Arabia, navigating complex regulations and ownership structures.

Terraxy is focused on developing technology for desert greening and soil regeneration. The company aims to address environmental challenges in arid regions, particularly in Saudi Arabia, through innovative solutions. This funding round will help scale their operations and impact.

D360 Bank is a digital bank that focuses on providing innovative financial services to individuals and businesses in Saudi Arabia. The bank aims to support growth and expansion plans through a significant capital increase, reflecting the rising demand for digital financial services in the region.

Lean is a Saudi fintech company that builds digital infrastructure for financial institutions and fintech companies. It provides essential services such as account linking, income and payment data access, and identity verification, enabling startups to develop their digital products more effectively.

ClimateCrete is a startup focused on sustainable construction, developing innovative concrete production technology. The company aims to reduce reliance on imported sand and cement, addressing environmental concerns while providing a stronger concrete product. Their patent-pending process transforms local sand into a usable resource for concrete production.

Arib is a Saudi fintech startup that operates a digital financing platform connecting users with banks and licensed lenders. The platform allows customers to compare and apply for financing products online, simplifying access to credit solutions for individuals and businesses in Saudi Arabia.

Areeb is a Saudi digital finance brokerage platform that connects users with personal and corporate financing offers from banks and licensed financing entities. The platform aims to improve operational efficiency and enhance technical solutions for clients, reflecting the growing demand for digital financing solutions in the Kingdom.