Reno raises $4M in a mixed equity and debt round to scale its AI powered renovation platform, launch a real-time design app and expand operations across the GCC.
500 Global and Sanabil Investments have launched the tenth cohort of the Sanabil Accelerator, selecting nine startups from over 735 applications for a 12 week program.
Saudi cybersecurity startup COGNNA raises $9.2M Series A to scale its AI-powered Nexus platform globally, backed by Impact46 and newly strengthened with NCA Tier 2 SOC certification.
Saudi-based customer engagement SaaS company Bonat has raised $6 million in Series A funding, highlighting the growing investor appetite for homegrown enterprise software in the Kingdom.
Mila Celebrations partners with Rodyan Group in a $5M deal to digitize Saudi Arabia’s event industry, combining AI, creativity, and operational excellence in line with Vision 2030.
Saudi fintech Stream, founded in 2024 by Ibrahim Aldlaigan, raised $4 million in seed funding led by Outliers VC with participation from BYLD Ventures and Careem co-founder Abdullah Elyas, to expand its automated billing and payments platform across the MENA region.
World Summit AI returns this December with leaders Simon See, Lucia Velasco, and James Sayles joining innovators and investors to define AI’s next chapter.
Black Hat MEA 2025 runs from December 2 to 4 in Riyadh, drawing 45,000 cybersecurity experts and 450 exhibitors. As global cybercrime losses near $10.5 trillion, the event tackles AI-driven threats, cloud security, and the future of digital defense.
HUMAIN, the AI company owned by Saudi Arabia’s PIF, and AirTrunk, backed by Blackstone and CPP Investments, have entered a strategic US$3 billion partnership to develop a hyperscale data-centre campus in the Kingdom of Saudi Arabia, marking AirTrunk’s entry into the Middle East and supporting the country’s AI-driven economy ambitions.
Arabic users are the internet’s fastest-growing audience, yet global tech still designs in English. Startups such as Lucidya, Nanovate and AlTibbi are building the Arabic-first web from the ground up.