Riyadh - Sharikat Mubasher: Several startups secured multiple investments through different types of funding rounds during LEAP 2024, reinforcing Saudi Arabia’s position as a central hub for technology, innovation, and entrepreneurship.
The Saudi financial company Moyasar secured $21 million in a seed round, while Buildnow, a leading provider of Build Now Pay Later solutions in the region, raised a $9.4 million seed round.
BRKZ, the Saudi company specializing in the construction industry, secured $8 million in a series A round, while Lawazem secured the same number in a pre-series A round
Furthermore, RemotePass successfully raised $5.5 million in a series A round with participation from several global investors while FanZ startup raised a $1.5 million pre-seed round with participation from 500 Global, Le Augure, and other angel investors.
