Last week, there were 2 startup investments in the MENA between April 26 – May 2:
Investments:
1 Oman, 1 Kingdom of Saudi Arabia (KSA)
Sectors Received Investments:
1 Marketplace
1 Financial Services
News of the Week
🎯 B2B marketplace Bon Plus raised funding.
Bon Plus, a SaaS-enabled B2B marketplace that specialises in digital solutions that streamline supplier operations and consolidate business transactions into a single invoice, has raised an investment in Seed funding round from Omantel and angel investors.
Transaction Type: Investment
Investors: Omantel, angel investors
Co-founders: Qais Al Jedyani, Ahmed Al Ojaili
Headquarters: Oman
🎯 Financial services company Abyan Capital raised $18 million.
Abyan Capital, a financial services company that provides an automated solution and portfolio management for long-term investments, has raised $18 million in Series A funding round. The investment round was led by STV, with participation from Wa’ed Ventures and RZM Investment.
Transaction Type: Investment
Investors: STV, Wa’ed Ventures, RZM Investment
Co-founders: Abdullah Aljeraiwi, Omar Almania, Saleh Alaqeel
Headquarters: Kingdom of Saudi Arabia (KSA)
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