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FinTech
FinTechUAE Ministry of Finance Announces Commitment to Implement the Updated Global Tax Information Exchange Standard CRS 2.0
The UAE Ministry of Finance announced its commitment to implementing the updated tax information exchange standard “CRS 2.0” issued by…
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Venture
VentureDarktrace Expands into Saudi Arabia, Opening Riyadh Office to Strengthen AI Cybersecurity Capabilities
Darktrace, a global leader in AI-driven cybersecurity, has announced the establishment of a legal entity and new office in Riyadh,…
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Venture
VentureLighthouse Canton Raises USD 40 Million in Strategic Funding Round Led by Peak XV Partners
Lighthouse Canton raised USD 40 million in its first external strategic funding round led by Peak XV Partners, with participation…
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Venture
VentureSaudi Construction-Tech Startup WakeCap Acquires Brazil’s Trackfy to Expand into Latin America and Strengthen Its Full Construction Lifecycle Vision
WakeCap, a Saudi construction-tech startup, has acquired Brazil-based Trackfy, a company specializing in operational safety and workforce management, marking its…
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Venture
VentureParsons Signs MoU with Startup Wise Guys to Drive Technological Innovation in Saudi Arabia
Riyadh, Saudi Arabia – November 11, 2025 – Parsons Corporation (NYSE: PSN) announced during the Construction Technology Festival in Riyadh…
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Venture
VentureMarhoon Fund Debuts Through a Partnership Between Binbar Investment and JOA Capital with SAR 500 Million in Assets
Marhoon Fund launches with SAR 500 million as Saudi Arabia’s first direct financing fund based on collateralized lease and utility…
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Venture
VentureSaudi Startup Rased Closes Pre-Seed Round Led by Wa’ed Ventures to Advance AI-Powered Fraud
Rased, a Saudi AI-driven fraud prevention startup, closed a pre-seed funding round led by Wa’ed Ventures and Share for Investments,…
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Venture
VentureSaudi Startup Builtop Raises $11 Million in Seed Round
Builtop raised $11 million in a seed funding round combining venture capital and debt financing, led by TAM Capital and…
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Startups
StartupsFII9 Concludes; the Prosperity Era Unlocked
With over USD50 Bn of investments and deals
Riyadh, November 10, 2025 – Organized by the Future Investment Initiative (FII) Institute, the ninth edition of the Future Investment Initiative…
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Venture
VentureSaudi Platform Workey Secures Strategic Investment Round with Falak to Boost Business Solutions and Digital Transformation
Saudi-based Workey, a platform specializing in business solutions and modern workspaces, has announced the closure of a strategic investment round…
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