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News
Gaia raises $1.5M led by SEEDRA to build sovereign AI layer for Saudi enterprises
6+ day, 4+ hour ago (399+ words) 💸 MENA VC Playbook 📘 MENA Founder Playbook The Riyadh startup is building a permission-aware search, assistant and AI agent layer across companies’ internal systems, with data kept inside Saudi or deployed on-premise. Saudi enterprise AI startup Gaia has raised $1.5 million in…...
COFE closes pre-IPO round at $178M valuation, targets Saudi listing by 2029
1+ week, 5+ day ago (460+ words) 💸 MENA VC Playbook 📘 MENA Founder Playbook Wa’ed Ventures returns three years after leading its $15m Series B, as the Kuwait-born coffee-ordering app remakes itself into enterprise procurement and commerce software. COFE Technologies, the company formerly known as COFE App, has closed…...
HUMAIN invests in Arabic.AI and Tarjama to expand Saudi enterprise AI offering
1+ week, 6+ day ago (434+ words) 💸 MENA VC Playbook 📘 MENA Founder Playbook Undisclosed investment brings Nour Al Hassan’s Arabic language technology business into the PIF-backed AI group’s growing application stack. HUMAIN has made an undisclosed strategic investment in Arabic.AI and Tarjama, partnering with the companies…...
What VNV's marks imply for Breadfast and Baly, new Saudi growth fund
3+ week, 3+ day ago (832+ words) 💸 MENA VC Playbook 📘 MENA Founder Playbook HeyBreez raises $2.5M seed led by Lunara Partners, Saudi edtech AILA raises $3M pre-Series A, Exits MENA acquires Avanz Capital Egypt, plus this week's MENA startup, VC, and tech news round-up. Happy Friday friends 👋 We spent…...
Pinnacle Capital launches fund combining Saudi growth rounds and secondaries
3+ week, 3+ day ago (409+ words) 💸 MENA VC Playbook 📘 MENA Founder Playbook The CMA-licensed Riyadh firm, established in 2021 and affiliated with the Watar Partners network, will invest through primary rounds and secondary transactions. Pinnacle Capital, the Saudi investment firm, has launched a venture capital fund targeting…...
Saudi edtech AILA raises $3M pre-Series A led by Rua Growth Fund
3+ week, 5+ day ago (334+ words) 💸 MENA VC Playbook 📘 MENA Founder Playbook Jordanian edtech Jo Academy also joins the cap table as a strategic investor alongside 500 Global, Bunat Ventures and Fikr Ventures, backing a platform whose AILA Tests product runs personalised exam preparation in Saudi schools....