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Next-gen global engagement tech leader Merit secures $12M, surpassing $5M Goal in Oversubscribed Pre-Series B Financing - Vimarsana News

Next-gen global engagement tech leader Merit secures $12M, surpassing $5M Goal in Oversubscribed Pre-Series B Financing

Next45gen global engagement tech leader Merit secures 12M surpassing 5M Goal in Oversubscribed Pre45Series B Financing

Saudi Chambers launch first national committee for military industries - Vimarsana News

Saudi Chambers launch first national committee for military industries

RIYADH: Military industries are set to receive a boost with the Federation of Saudi Chambers announcing the formation of the first special national committee of its kind.  This marks the first time that a committee focused on the defense sector has been formed under the umbrella of the private sector, represented by the Saudi body.  Its purpose is to collaborate...

PIESHIP raises undisclosed pre-Seed round - Vimarsana News

PIESHIP raises undisclosed pre-Seed round

Saudi Arabia-based logistics startup PIESHIP has closed an undisclosed pre-Seed investment round by SEEDRA Ventures, Nama Ventures, and...

Source: wamda.com
Saudi Arabia Signs Agreement with Newlab to Stimulate Technological and Innovative Ecosystem - Vimarsana News

Saudi Arabia Signs Agreement with Newlab to Stimulate Technological and Innovative Ecosystem

Saudi Arabia’s National Industrial Development and Logistics Program (NIDLP) signed an agreement with Newlab, a leading company in technology, innovation, and the development of sustainable solutions related to the energy, mining, industrial, and logistics sectors. The agreement, which was signed during the international Future Minerals Forum 2024 in Riyadh, involves the establishment of a regional headquarters in the Kingdom of Saudi Arabia under the name “Nwelapksa”.

Source: aawsat.com
Saudi savings fintech Hakbah closes $5.2 million fund raise - Vimarsana News

Saudi savings fintech Hakbah closes $5.2 million fund raise

Hakbah, the leading Saudi-based fintech savings platform, announces its successful $5.1 million Series A fundraise.