Activism Global Saudi Arabia 
TechCrunch
JANUARY 24, 2023
Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion The move comes in line with Saudi Arabia’s “Vision 2030” plan , which lays out goals to reduce the nation’s dependence on hydrocarbons and promote the use of drones in services.
TechCrunch
DECEMBER 6, 2021
The startup will hire local talents in Saudi Arabia to expand further. The gaming industry is booming in Saudi Arabia, with about 70% of Tamatem’s users, Hammo noted. . million daily active users on its top games. . India, Egypt, Saudi Arabia, Germany, Hungary, and Jordan.
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TechCrunch
MARCH 6, 2022
Tabby , the Dubai-based buy now, pay later (BNPL) platform that lets users shop, pay later and earn cash from over 3,000 global brands, including Adidas, IKEA and Bloomingdale, has completed a Series B extension of $54 million. Its two main markets are Saudi Arabia and the UAE. The company has over 1.1
TechCrunch
DECEMBER 8, 2021
STV led the round, with Raed Ventures, Global Founders Capital, Upper90 and VentureSouq participating. Also, none of these players except Opontia is active in the Middle East. Opontia’s seed round was the case, but the share between equity and venture debt stands at about 50% each for its Series A financing.
TechCrunch
NOVEMBER 15, 2021
One, most of them are excluded from various payment ecosystems globally due to their size, and two, getting hardware from providers can be expensive. . This suite of services is essential in the primary markets in which Nomod is aiming to build a significant merchant base, like Saudi Arabia, the UAE and Bangladesh.
TechCrunch
OCTOBER 7, 2021
Riiid has said it will continue to fuel its global expansion with the funding. . This acquisition is the first step in an inorganic strategy to ultimately apply Riiid’s AI technology to the global market and help more learners around the world.” . Riiid has been actively penetrating the global market since 2020 after it opened the U.S.
TechCrunch
OCTOBER 12, 2022
Recent research suggests that the e-commerce market in Saudi Arabia, UAE and Egypt account for a combined $21.4 QED, for instance, has invested in some of FlapKap’s global counterparts, such as Wayflyer and Fairplay. billion and is projected to grow by more than 50% to $33.3 billion in the next three years.
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