CAIRO: Saudi Arabia-based property technology startup AtarCloud raised $1.3 million in a seed funding round from BIM Ventures along with other investors from the Investors’ Mine Group. Established in 2021 by Haseeb Mohammed, AtarCloud offers property owners and real estate developers with tools to streamline their management activities. “We’re proud to be enabling property
RIYADH: Manafa Capital, the first authorized crowdfunding platform in Saudi Arabia, announced the closing of its Series A round of SR106 million ($28 million) on Wednesday, led by Riyadh-based venture capital firm STV and Wa’ed Ventures, the venture capital arm of Saudi Arabian Oil Co. Founded in 2018, the company provides debt and equity financing to small and medium