Saudi Arabia

UAE’s tabby bags a whopping $23 Mn Series A funding

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.

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.