Red Sea Global partners with Bunat VC to launch an AI-focused venture fund backing Saudi startups and scaling AI innovation
venture capital fund
Latest in venture capital fund
Saudi venture capital
Saudi Arabia leads region with 178 venture capital deals last year
Saudi venture capital funding is supporting business startups in the Kingdom
Magnitt
Saudi Arabia tops MENA venture capital funding with $750m investments in 2024
Saudi Arabia accounted for 40 per cent of venture capital funding in MENA region last year
Saudi venture capital
Saudi Arabia records $412m in venture capital funding in H1
Saudi Arabia leads venture capital funding in the first half of 2024
Saudi venture capital
Saudi venture capital spending up 21 times to $1.4bn last year
Saudi Venture Capital invests in 40 funds and supports more than 700 startups
Aramco
Aramco boosts venture capital group with $4bn fund
Aramco Ventures boosted by $4bn fund allocation
Magnitt
Saudi Arabia tops 2023 MENA venture capital rankings
VC funding for Saudi start-ups increased by 33 per cent last year
GITEX
UAE and Saudi Arabia lead $1.4bn MENA venture capital funding boom
UAE and Saudi Arabia dominate VC funding in MENA region
Saudi Arabia
Saudi Arabia leads MENA VC funding in 2023 with $446m of deals
Saudi Arabia is leading venture capital funding in the MENA region so far in 2023
Abu Dhabi
Abu Dhabi’s Agthia Group launches $54.5 million venture capital fund
Agthia Ventures is co-funded by Agthia Group and ADQ and will be operated alongside US-based Touchdown Ventures
business funding
Why the MENA startup ecosystem is still hot
Founders need to be selective when partnering with VCs
Abu Dhabi
World’s biggest cargo drone targets UAE HQ, receives Abu Dhabi funding
The funding round raised a total of $40 million from venture capital funds and angel investors
flexible employee
Saudi startup Marn strikes funding deal with Sukna Ventures
For Marn, the latest funding deal comes close on the heels of it striking a partnership deal with international hospitality major Ritz-Carlton for sourcing of employees
Saudi Arabia
Saudi Arabia’s venture capital soars 72% in 2022 to $987mn
Saudi Arabia achieved the highest growth rate of venture capital in 2022 compared to other countries in the MENA, said the report by MAGNiTT
100% foreign ownership
Dubai startups: Golden Visa, metaverse shift, business reform, venture capital point to optimism in 2023
The trends of 2022 paint positivity for 2023
Abu Dhabi
Hub71 companies in Abu Dhabi surpass $1bn in total venture capital raised
The deals are getting bigger and bigger as evidenced by $25 million raised by Axiom and $16.2 million by 44.01 this year
Entrepreneurs
Female-led startups massively outperform male-led: VCs need to wake up
Women in the Middle East have taken great strides when it comes to careers in traditionally male-dominated domain
