Saudi Arabia-based used-electronics platform Soum has raised $18 million in Series A funding round, according to a LinkedIn post shared by the company.
MISA, which aims to promote Saudi Arabia as a world-class investment destination, and Jada, which provides funding to Saudi innovative start-ups through commercially sustainable investments in venture capital and private equity funds, will host a series of Catalyze Saudi events with global and Saudi entrepreneurs and investors.
The Ministry of Investment of Saudi Arabia (Misa) and Jada Fund of Funds have teamed up to stimulate the kingdom’s nascent start-up ecosystem and back its economic diversification journey through “Catalyse Saudi”.
The Ministry of Investment of Saudi Arabia (Misa) and Jada Fund of Funds have teamed up to stimulate the kingdom’s nascent start-up ecosystem and back its economic diversification journey through “Catalyse Saudi”.
The Ministry of Investment of Saudi Arabia (Misa) and Jada Fund of Funds have teamed up to stimulate the kingdom’s nascent start-up ecosystem and back its economic diversification journey through “Catalyse Saudi”.