StandardsAboutContact
Traction
  1. SVC Backs SEEDRA Ventures' Oversubscribed Fund II — the

    Saudi Venture Capital has committed capital to SEEDRA Ventures Fund II, an oversubscribed vehicle that will make early-stage checks into Saudi AI, fintech, proptech, SaaS and logistics startups over the coming years. Neither the fund's size nor SVC's stake is disclosed; oversubscription is the only number in the deal.

  2. ORA Technologies Tops Up Its Series A to $10M

    The Casablanca-focused super app closed a $2 million extension sourced only from domestic investors, taking its Series A to $10 million and testing whether a consumer platform can scale in Morocco without a Gulf or European lead.

  3. SILQ Raises $20M From Gemcorp

    The Saudi-Bangladeshi B2B group closed a Shariah-compliant mezzanine facility from Gemcorp Capital on July 13, then a $75 million facility from Fasanara Capital nine days later — both routed through embedded-finance arm Fina to lend against the SAR 10 billion in B2B commerce SILQ says it ran in 2026.

  4. Saudi Startup Think Raises $8M+ Pre-Seed on a 90%

    RAED Ventures and Wa'ed Ventures co-led what Think calls the largest AI-infrastructure pre-seed round in MENA to date - a bet that squeezing more work out of existing GPUs, not buying more of them, is the region's cheaper path to AI compute.

  5. Egypt's Kuadra Raises Again From Edafa

    The Egyptian construction-tech startup that sold Edafa Venture Capital a six-figure stake in February has now taken a new round from the same investor, with the size undisclosed either time. What's on record is a days-to-hours tender pitch and reported talks with one of Egypt's five largest contractors.

  6. Syria's Startup Scene Gets Its First Confirmed Foreign

    A Damascus-based super app founded in 2024 has landed what officials call the country's first direct foreign investment in a Syrian tech startup — a signal check more than a scale one, with the investors and valuation still undisclosed.