Saudi Arabia

Hakbah, Saudi fintech startup scores $1.2 Mn seed funding

Riyadh, Saudi Arabia-based fintech startup Hakbah, last week, announced its $1.2 million seed funding round from undisclosed investors.

California-based BlueNalu, a leading innovative food company producing a variety of seafood products, raises $60 million debt financing.

Saudi Arabia-based Buy-Now-Pay-Later pioneer Tamara, last week, announced the closing of its $6 million seed round led by Impact46.

London-based edtech startup Knowledge Officer, on Wednesday, in a statement to LAFFAZ, announced the launch of its Tech Fellowship program

Saudi Arabia-based Salasa, a cloud-based turnkey solution for e-commerce businesses, on Monday, raised $8.5 million from AlSulaiman Group.

Saudi Arabia-based Morni, on Thursday, raised SAR 34.3 million (around $9.1 million) in a Series B round led by GSquare Investments.

Saudi Arabia's QVM, on Wednesday, raised an undisclosed seed funding from Awab Holding Company, with participation from some angel investors.

UAE-based 'Buy Now, Pay Later' fintech startup tabby, on Tuesday, raised $23 million Series A led by Arbor Ventures and Mubadala Capital.

Saudi Arabia-based e-commerce Salla, on Tuesday raised SAR32 million ($8.5 million) Series A round led by STV.

UAE-based Immensa Technology Labs on Tuesday, announced its foray into the Saudi market through the acquisition Shakl3D and LayLabs.

Saudi Arabia-based Vision Ventures, on Sunday, invested an undisclosed amount in the Saudi Arabia-based smart locker startup RedBox.

San Francisco's 'Back to the Roots', on Thursday closed a fresh funding round from its existing investors, with participation from Prince Khaled.