Leads

Named Middle East government body (PIF) investing in a major buyout, qualifies as a funding/tech-related lead.

Investors: Public Investment Fund (PIF), Silver Lake, Affinity Partners

Saudi government tender issued by a named procurement authority; direct IT/tech procurement opportunity.

Saudi-based AIoT startup Rime raises over USD 2M led by SEEDRA Ventures; potential for digital/embedded software and systems integration collaboration.

Investors: SEEDRA Ventures

MOZN secured a strategic investment from HUMAIN and a partnership to develop sovereign AI solutions for financial institutions and public sector organisations in Saudi Arabia and global markets.

Investors: HUMAIN

Raised $7M to establish an AI-powered longevity research lab in Dubai.

CBD launched CBD Invest, a digital wealth platform within its app—direct tech product launch by a GCC bank.

Saudi investment in Lucid Motors (funding signal).

Acquisition of HSBC Egypt retail banking signals growth and potential tech/bi platform integration opportunities.

Labby raised $10M from UAE/Saudi investors.

Investors: UAE investors, Saudi investors

Named Saudi fund funding SEEDRA Ventures Fund II; direct funding signal in Saudi Arabia.

Investors: SVC, SEEDRA Ventures

Saudi PIF-backed Jada Fund of Funds commits to Growth Catalyst Fund I.

Investors: Jada Fund of Funds

Raised a $20M financing facility from Gemcorp Capital to scale embedded finance.

Investors: Gemcorp Capital

Saudi government tender issued by a named procurement authority; direct IT/tech procurement opportunity.

Acquisition of HSBC Egypt retail banking business indicates expansion and potential IT/system integration work.

Saudi insurtech opened an $8M growth round for AI insurance platform expansion.

Raised $5.5M pre-Seed led by Ethereal Ventures and Further.

Investors: Ethereal Ventures, Further, Nascent, GSR, Scenius Capital, Anchorage Digital, Nuwa Capital

Saudi AI startup RIME raises over $2M in Seed round led by SEEDRA Ventures with multiple investors.

Investors: SEEDRA Ventures, Athla Investment, Unity Invest Partners, angel investors

Saudi-based studio raised $1M; funder Merak Capital indicates tech/creative expansion.

Investors: Merak Capital

Saudi Water Authority tender for maintenance and replacement system in a seawater desalination unit (direct procurement).

First close of a Middle East-focused fund anchored by PIF.