funding

NEWS DESK

Grove Announces the Closing of a $5M Seed Funding Round Led by Outliers VC

News Desk 19/01/2026

Grove, a Riyadh-based technology company specialized in the fresh-produce sector, has successfully closed a $5M Seed funding round led by Outliers VC with participation from a group of angel investors. Founded in 2024 by Mohammed bin Ghanam and Ayman AlFifi, Grove is operating as a consumer

NEWS DESK

CE-Invests Joins $50 Million Funding Round for Flipspaces

PR News Desk 09/09/2025

CE-Invests, the strategic investments platform of Crescent Enterprises, today announced its participation in the $50 million Series C funding round for Flipspaces, a leading tech-first interior design and build company for commercial spaces operating across India and the USA. Flipspaces has experienced significant momentum since its incorporation in 2015. Its proprietary

NEWS DESK

WaHa Secures $8 Million in Series A-1 Funding to Accelerate Global Growth

PR News Desk 11/07/2025

Water Harvesting Inc. (WaHa) announced the close of an $8 million Series A-1 financing and corporate reorganization. The round was led by Chairman Mike Phillips and Board member Christian Thirion, with participation from WaHa’s largest noteholders and investors including Berkeley Catalyst Fund, Anthropocene Institute, Vestafund, and Mitsui Mining & Smelting Co., Ltd.

NEWS DESK

Stitch Secures $10 million In Funding To Simplify Banking And Payments Innovation

PR News Desk 28/05/2025

 Stitch (www.stitch.sa), the unified platform for launching and scaling financial products, today announced the successful closing of a $10 million seed round. The Saudi Arabia headquartered company attracted investments from leading investors including Arbor Ventures, COTU Ventures, Raed Ventures, and SVC. The round has also had participation from various family

NEWS DESK

Space-tech Startup PierSight Adds Strategic Investors, Bringing Total Funding to $8 Million

PR News Desk 20/05/2025

PierSight, a space-tech company building a constellation of Synthetic Aperture Radar (SAR) and Automatic Identification System (AIS) satellites for 24/7, all‑weather maritime intelligence, today announced it has secured additional capital in a seed extension, bringing the company’s total funding to $8 million. “We have the necessary resources in place to reach our upcoming

Business Finance

Safety AI startup viAct secures US$7.3m in Series A funding round

News Desk 16/04/2025

To expand in MENA and Europe viAct, an impact-driven artificial intelligence startup transforming safety in high-risk industries, has raised US$7.3 million in a Series A funding round. The investment was led by Dublin-based Venturewave Capital, with support from Singtel Innov8, Korea Investment Partners, and the PolyU Entrepreneurship Investment Fund. The strategic capital

Business UAE

ClearGrid gets $10m funding to boost AI-powered debt collection in MENA

Arnold Pinto 21/03/2025

To transform MENA debt collection ClearGrid, an AI-powered debt collection platform based in Dubai, UAE, has generated a $10 million funding raise from stealth mode. The company aims to transform the debt collection industry in the Middle East and North Africa (MENA) region, shifting traditional collection methods into a modern, data-driven approach that enhances both […]

NEWS DESK

MANSA Secures $10 Million in Funding Led by Tether

PR News Desk 20/02/2025

MANSA, a global fintech innovator in cross-border payments, has announced the successful close of its $10 million funding round. This marks a significant milestone for the company in its mission to alleviate liquidity challenges for payment companies worldwide. MANSA’s stablecoin-based solution offers payment providers in emerging and mature markets a flexible and

NEWS DESK

LAHINT Secures SAR 4 Million Pre-Seed Funding During LEAP 2025

PR News Desk 11/02/2025

LAHINT, a leading company specializing in government services automation, has successfully closed its SAR 4 million Pre-Seed funding round on the second day of its participation in the LEAP 2025 global conference in Riyadh. The company reaffirmed its strategic goal of automating 50 government services by 2027, positioning LAHINT as the go-to platform for individuals […]

Business

Alice & Bob secures €100m Series B funding

News Desk 29/01/2025

To revolutionise quantum computing Alice & Bob, a pioneering company in the race for fault-tolerant quantum computing, has raised €100 million in its Series B funding round. The investment, led by Future French Champions (FFC), AXA Venture Partners (AVP), and Bpifrance, will accelerate the company’s efforts to build the world’s first practical and scalable quantum […]