Comprehensive coverage and updates on الشركات الناشئة السعودية across the MENA tech ecosystem.
Saudi platform erad closed a $22 million Series A led by MEVP to expand Shariah-compliant corporate financing for SMEs. It cites SAR 500 million deployed and SAR 4 billion in requests. Those figures are company-reported. Valuation was not published.
Faainex, a Jeddah-based Saudi platform, offers an integrated cloud ERP spanning accounting, inventory, POS, CRM, HR and e-commerce, built for local compliance. It helps SMEs digitise operations in line with Vision 2030's transformation goals.
Saudi edtech startup PixelLand showed its AR STEM learning app at LEAP 2026 and says it was selected for Misk Launchpad, though the specific tier it reached could not be independently confirmed.
Jeddah startup CyberAgora is pitching a single operations platform spanning customer experience, inventory, logistics and workforce management to omnichannel businesses at LEAP 2026.
One hundred startups picked from more than 3,000 applicants are competing for $1 million in equity-free prize money on LEAP 2026's Rocket Fuel stage, with the grand finale set for the show's closing day.
Saudi startup Arabian Flying Cars showed four eVTOL concepts at LEAP 2026 and is seeking partners to run pilot flights, part of a push to design, assemble and test the aircraft inside the Kingdom.