Saudi Arabia

Saudi’s Salla raises $8.5 million funding in Series A from STV

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.

Saudi Arabia-based Garage, on Thursday, raised $260,000 in a Pre-Seed funding round various angel investors.

Saudi Arabia's Retailo, on Monday, 12 October 2020 raised $2.3 million in a pre-Seed funding round from Shorooq Partners.

Here's to the the proud moment for the MENA startup ecosystem, the "Middle East's 50 Most-Funded Startups 2020" list is here.

Weekly roundup, featuring the top startup news and stories from MENA and India published on LAFFAZ from 20 to 27 September, 2020.

MENA-based e-commerce enterprise Wiz Holding secures $2 million from international investors from KSA, US, and Canada for Wiz Shops.

Riyadh, Saudi Arabia-based SaaS startup, Penny Software on Monday raised $1.35 million seed funding from Wamda, Class 5 Global, and others.

UAE's leading online marketplace for used cars, SellAnyCar.com is expanding to Saudi Arabia with the launch of its new platform Kayishha.

Reliance is presumed to sell more stakes to Public Investment Fund (PIF), Saudi Arabia based and Abu Dhabi Investment Authority (ADIA).