LEAP returns for its fifth edition in 2026 with a sharper focus on founders ready to scale, offering equity free funding, curated access, and a redesigned startup program.
Qwacks raises SAR 1.8 million in a pre seed round led by Merak Capital to expand its Saudi-built game-development and live-ops infrastructure for studios across the region.
Byit raised $1.1M from A15, Beltone and angels to scale an agent first brokerage model across the Gulf, expand in Saudi Arabia and deepen partnerships with developers and service providers.
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 fintech Erad has secured a USD 125 million credit facility with Jefferies and Channel Capital to scale SME financing across the GCC, expanding working-capital access for SMEs amid a regional credit gap.
Saudi workforce-housing startup Mnzil secures $11.7 M in Series A funding to scale purpose-built accommodations for blue-collar workers across the GCC.
FAST Ventures launches the $3 million FAST Foundry Fund, a venture-studio model supporting early-stage MENA startups with capital, workspace, and operational resources across AI, adtech, retail tech, and the creator economy.
Saudi quick commerce firm Ninja raises $250 million, hits US$1.5 billion valuation, expands dark store footprint to 100+ locations and plans a stock exchange listing by 2027, pioneering rapid delivery growth in Gulf retail.
The Biban Forum 2025 concluded with over USD 10 billion in financing deals, as Saudi Arabia deepens its push to become a global hub for entrepreneurship and SMEs.