PIESHIP Secures SAR 7.875 Million in Seed Funding Led by Nama Ventures

Riyadh, February 12, 2025 – PIESHIP, a company specializing in smart logistics and last-mile delivery solutions, has announced the successful closure of its seed funding round, raising SAR 7.875 million. The round was led by Nama Ventures, with participation from prominent investment funds including SEEDRA Ventures and angel investors. This investment will support PIESHIP‘s expansion […]
Rize Closes Series A Investment Round of SAR 132 Million Led by Raed Ventures

Rize, a leading real estate technology company in the Kingdom of Saudi Arabia, announced the closure of a Series A investment round worth SAR 132 million (USD 35 million), which includes a mix of equity and debt. The round was led by Raed Ventures, with participation from Seedra Ventures through its second fund as well […]
Saudi Arabia’s Venture Capital Scene Booms in 2024, Attracting Global Investors

Saudi Arabia’s venture capital (VC) market experienced remarkable growth in 2024, fueled by strong government support, an influx of international investors, and a thriving startup ecosystem. This surge aligns with the Kingdom’s Vision 2030, which prioritizes economic diversification and positions startups and VC investments as key drivers of transformation. Government Initiatives and Vision 2030 Drive […]
Nama Ventures Tops Forbes Middle East’s Inaugural List of Top Venture Capitalists

Forbes Middle East has released its first-ever ranking of the Top Venture Capitalists for 2024, and Nama Ventures has emerged as a leader in the region’s vibrant startup ecosystem. This prestigious list recognizes the most active and influential venture capital (VC) firms driving innovation, growth, and success in the Middle East. These trailblazers aren’t simply […]
Nowlun Secures $1.7 Million Seed Funding to Revolutionize Digital Freight Forwarding in MENA

Cairo, Egypt – December 2024 – Nowlun, the leading digital freight forwarding platform in the Middle East and North Africa (MENA), today announced it has raised $1.7 million in seed funding. The round was led by Nama Ventures and A15, with participation from Sanabil 500 Global and prominent angel investors. This investment will fuel Nowlun’s […]
Conquering the Cloud: A Tech Startup’s Guide to IFRS

The tech startup world thrives on innovation and disruption. But when your ambition goes global, a whole new set of rules comes into play – especially when it comes to accounting. International Financial Reporting Standards (IFRS) can feel like a complex maze for a growing tech company. But fear not, intrepid entrepreneur! This guide will […]
AI-Powered Art: A New Era of Creative Expression, Especially for Startups

The Digital Canvas: Where Human and Machine Collaborate The intersection of artificial intelligence (AI) and the arts has ignited a new era of creative expression, challenging traditional notions of artistry and expanding the boundaries of human imagination. This digital revolution, fueled by advancements in machine learning and neural networks, is transforming the way we perceive, […]
The Must-Haves: Essential Expenses for Tech Startup Growth

In the exhilarating world of tech startups, the pressure to innovate and scale quickly is immense. But amidst the whirlwind of ideas and product development, a crucial aspect often takes a backseat: managing finances effectively. Here’s a breakdown of the most important expenses a tech startup should prioritize to ensure healthy business growth: Talent Acquisition […]
AI Applications in Accounting: A Deeper Dive

Audit and Assurance Risk Assessment: AI can analyze vast datasets to identify potential risks and anomalies in financial statements. Continuous Auditing: AI-powered tools can monitor financial data in real-time, enabling continuous auditing and early detection of irregularities. Fraud Detection: AI algorithms can learn to recognize patterns associated with fraudulent activities, such as unusual transactions or […]
Ways to Safeguard Your Competitive Edge

In today’s rapidly evolving business landscape, maintaining a competitive edge is essential for long-term success. Companies that can protect and sustain their unique advantages are better positioned to thrive in a market filled with challenges and opportunities. Here are key strategies to help you safeguard your competitive edge. 1. Continuous Innovation Innovation is the cornerstone […]