Kumulus Water and CMA CGM roll out safe drinking water project for Saudi schools
Partnership targets decentralized drinking water access for schools, with 30 atmospheric water systems to be deployed over two years.
Riyadh
Saudi proptech Ghanem secures $7.1 million from Al-Romaih Group
Saudi proptech startup Ghanem has raised $7.1 million from Al-Romaih Group to expand its fractional real estate investment platform, enhance its technology, and accelerate product development under REGA’s regulatory sandbox.
Saudi’s WakeCap acquires Brazil’s Trackfy to expand into Latin America
WakeCap has acquired Brazil-based Trackfy to accelerate its expansion into Latin America and extend its project intelligence platform beyond construction into industrial operations, strengthening its position at the intersection of AI, IoT, and global infrastructure growth.
BRKZ Secures $30 Million Debt from Stride Ventures to Boost Saudi Construction Sector
BRKZ has secured a $30 million growth debt from Stride Ventures to expand financing solutions for Saudi Arabia’s booming construction sector, empowering contractors and driving Vision 2030 projects.
Jeel and Mambu Partner to Accelerate Saudi Arabia’s Fintech Innovation and Enable Banking as a Service (BaaS)
Jeel, the innovation arm of Riyad Bank, joins forces with Mambu to boost Saudi Arabia’s fintech ecosystem through the Jeel Sandbox, advancing Vision 2030 and Banking-as-a-Service.
Saudi Startup Expo 2025: Empowering the Saudi Startup Ecosystem
Join Saudi Startup Expo 2025 in Riyadh on Nov 12-13 to connect startups, investors, and partners shaping the Kingdom’s innovation ecosystem.
Humanoid (UK) Partners with QSS AI & Robotics to Advance Humanoid Robotics in Saudi Arabia
The collaboration will localize manufacturing, deploy robots across industries, and open a flagship robotics experience centre in Riyadh, strengthening Saudi Arabia’s role as a MENA tech leader.
Saudi Arabia’s fintech startup Bwatech scores $16 Million to Expand Corporate Financial Solutions
Saudi fintech startup Bwatech has raised $16 million in a Sharaka Financial-led round to scale its corporate banking solutions, advance open banking infrastructure, and accelerate Saudi Arabia’s financial sector transformation under Vision 2030.
Saudi Arabia’s Spare Raises $5 Million to Transform Open Banking Across MENA
Riyadh-based fintech will use funding to scale API integrations, enhance product development, and accelerate regional adoption of secure, real-time financial connectivity.
Foodics and Lean Technologies partner to empower restaurants with Open Banking and Cashflow Intelligence
Foodics partners with Lean Technologies to bring Open Banking and cashflow insights to Saudi restaurants, boosting financial visibility and growth.
Riyadh’s OmniOps and California’s Groq Join Forces to Scale AI Deployment in Saudi Arabia
OmniOps and Groq join forces to deploy sovereign, high-performance AI infrastructure across key Saudi sectors in alignment with Vision 2030 and national data strategy.
Riyadh-based Gathern Raises $72 million Series B Funding Ahead of IPO
Gathern raises $72M Series B, valued at $266M, to expand Saudi Arabia’s top vacation rental platform, supporting Vision 2030 tourism growth and IPO plans.