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Saudi startups kick off 2023 with fresh funding rounds

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 ....

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Manafa Raises $28M In Series A Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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Crowdfunding platform Manafa secures $28 million Series A round

Saudi Arabia-based fintech Manafa, has closed its Series A funding of $28 million (SAR106 million), led by STV and Wa’ed Ventures,. ....

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Manafa raises $28m in Series A funding to fuel its growth

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 ....

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