Soum, a Riyadh-based C2C marketplace, has emerged from stealth with $4 million in seed funding led by Outliers Venture Capital and Mazen Aljubeir. Soum is reimagining recommence in the MENA region and beyond by building the most convenient, trustworthy, and transparent recommence marketplace, starting with consumer electronics in Saudi Arabia. The round also included participation […]
Saudi Arabia’s Qawafel, a B2B marketplace simplifying trade between buyers and suppliers of perishable food products across the Kingdom, has closed its first investment round of $3 million, co-led by AlSayed Group and Khwarizmi Ventures, in addition to a number of angel investors. Qawafel is a B2B tech-enabled company linking suppliers to various buyers and […]
Jordanian cloud-based point-of-sale software startup POSRocket has announced that it has secured $5 million funds. The round is led by SANAD Fund for MSME and Algebra Ventures. Vision Ventures, Khwarizmi Ventures, Edgo Group, Innovative Startups And SMEs Fund (ISSF), Etihad Bank, Seedstars, and some angel investors also participated in the deal. It takes POSRocket’s total […]
