Saudi Edtech GAGA Raises $2.5M Pre-Series A to Scale Live Learning Platform
Phoenix Venture Partners-backed GAGA offers live, gamified learning across 1,000+ programmes — and now has $4.2M in total funding to accelerate its Saudi Arabia push.
Saudi Arabia
From Oil to Microchips: Saudi Arabia’s Ambition to Join the Global Semiconductor Race
Saudi Arabia is accelerating its push into deep technology with a national semiconductor initiative designed to attract chip startups, train engineers, and position the Kingdom within the global semiconductor supply chain.
Saudi Money Is Quietly Rewriting the Global Gaming Industry
How sovereign investment strategy, mobile acquisitions, and billion‑dollar studio bets are reshaping who controls the future of games
The Middle East’s Startup Funding Signals from February 2026: AI, IPOs, and Institutional Capital Are Reshaping the Market
Early 2026 funding rounds in the Middle East reveal new trends in AI investment, IPO readiness, and the rise of institutional-backed capital shaping the startup ecosystem.
Saudi-Backed Scopely Buys $1B Stake in Turkish Studio Loom Games
Scopely acquires a majority stake in Istanbul-based Loom Games, developer of the hit game Pixel Flow!, in a deal valuing the studio at over $1 billion.
Saudi AI Firm HUMAIN Acquires Significant Minority Stake in Elon Musk’s xAI in $3B Series E
Saudi Arabia’s HUMAIN has taken a major minority position in Elon Musk’s xAI, contributing $3 billion to the company’s Series E round ahead of its SpaceX merger.
InvestSky raises $4M seed funding, expands into Saudi Arabia
MENA-based social trading platform enters Saudi market after securing Capital Market Authority approval, announces strategic partnership with anb Capital, and confirms $4 million seed round bringing total funding to $7.4 million.
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.
Prince Khaled bin Alwaleed invests in Swiss AI safety firm Umanitek, joins advisory board
Move marks one of the first major GCC investments in AI accountability infrastructure as Gulf states accelerate efforts to become global AI hubs.
Vennre raises $9.6M Pre-Series A to expand private market access in MENA
MENA-focused wealth platform Vennre secures hybrid equity-debt funding round co-led by Vision Ventures and anb seed Fund, with participation from regional and global investors.
Luma AI Raises $900 Million Led by HUMAIN to Power 2GW AI Supercluster in Saudi Arabia
Luma AI has raised $900M in Series C funding led by HUMAIN to accelerate its multimodal world models, with Saudi Arabia’s 2GW Project Halo supercluster set to power the company’s next stage of large-scale AI training.
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.