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Saudi Investors


 Saudi VC firm Raed Ventures invested $1.4 million in Trukker

trukker and raed ventures.jpgSaudi venture capital firm Raed Ventures and a consortium have invested $1.4 million in UAE online truck aggregator Trukker.

Founded in 2016, Trukker is deemed as the "UBER of trucks". They have a tech-enabled trucking network where their clients can make a booking using their website and mobile applications. The Dubai-based company is currently working on establishing their business in the Eastern and Western regions of Saudi Arabia. (Established in 2015 by Almajdouie Holding LLC, Raed Ventures specializes in investments like seed and early stage, prioritizing startups in the fintech sector in Saudi Arabia and MENA region.)

To see a list of investors from Saudia Arabia similar to Raed Ventures, check the Middle East Investors Directory.



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 Saudi angel investor acquired stake in a blockchain startup for $820,000

arabianchain-AhmedAbdullah.jpgSaudi angel Investor Ahmed Abdullah Bugshan, a board member of the Arabian Bugshan Group has invested $820,000 in blockchain startup ArabianChain

ArabianChain, a public blockchain in the Middle east, is founded by Mohammed Alsehli and Walid Messaoudi. It will have two distinct features: DBIX, a cryptocurrency in the region to enable payments and money transfer, and Thuraya, a soon-to-be launched smart contracts programming language in Arabic. (The investor, Ahmed Abdullah Bugshan, is a board member at the Arabian Bugshan Group with interests in construction, electrical, automobiles, cosmetics, real estate and more. He is also the CEO of the House of Invention International.)

To see a list of angel investors from Saudi Arabia similar to Eng. Ahmed Abdullah Bugshan, check the Middle East Investors Directory.




 Saudi Aramco Energy Ventures invests in California FogHorn Systems

foghorn-aramco.jpgSaudi Aramco Energy Ventures, the corporate venturing subsidiary of the Saudi Arabian Oil Company and a consortium acquired stake in California-based FogHorn Systems in an investment offering totaling $15 million.

FogHorn Systems is a privately held company founded in 2014 by Mohan Reddy, T.M. Ravi and Kamesh Raghavendra. The company is a leading developer of "edge intelligence" software for industrial and commercial IoT applications. (Saudi Aramco Energy Ventures is the corporate venturing subsidiary of Saudi Aramco, the world's leading integrated energy and chemicals company. They invest globally into early-stage and high growth companies that have strategic importance to its parent, Saudi Aramco.)

Saudi Aramco Energy Ventures is listed in the Middle East Investors Directory with the code SINOC23.

More details follow:




 Saudi investor acquired stake in UK media firm The Independent

independent-dubaibeat.jpgSultan Mohamed Abuljadayel, a 42 years old Saudi national, has acquired stake in the famous British newspaper The Independent for a reported sum of $130 million.

Established in 1986, the Independent was controlled by Tony O'Reilly's Independent & Media from 1997 until Russian oligarch Alexander Lebedev invested in it in 2010. Sultan Mohamed Abuljadayel, 42, listed in company records as a Saudi-based Saudi Arabian national and has acquired up to 50 percent of the Independent. According to Middle East Eye, a source with knowledge of the deal said the investment may be as much as $130 million.

To see listing and email addresses of investors from Saudi Arabia similar to Sultan Mohamed Abuljadayel, check the Middle East Investors Directory

More details follows:



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 Saudi investment firm SAEV acquired stake in Irish firm OxyMem

oxymem-saudi.jpgSaudi investment firm SAEV, the corporate venturing subsidiary of Saudi Aramco, has acquired stake in Oxymem, a wastewater treatment firm based in Ireland.

Oxymem solves energy intensive wastewater treatment with a specific solution. Among Oxymem other investors you can also find the Dow Chemical company. (Saudi Aramco Energy Ventures invest globally into early-stage and high growth companies with technologies of strategic importance in oil and gas, petrochemicals, renewables, energy efficiency and water sectors.)

Saudi Aramco Energy Ventures SAEV is listed in the Middle East Investors Directory with the code SJL71.

More details follows:




 Venture Capital firm Arab Angel acquired stake in California firm NuEyes

arabangel-california.jpgArab Angel, a fund for HNWIs and family offices in the Middle East, has acquired stake in NuEyes, a California wearable technology firm.

Based in Orange County, NuEyes brings wearable technology to market for the visually impaired. It is founded by two US veterans in partnership with a military contractor who developed glasses for battlefield applications. (With offices in Abu Dhabi, New York, and Washington DC, Arab Angel Fund helps HNWIs and family offices from the GCC and MENA access companies in the US. Their investment committee include Abdulla Al Suwaidi, Mayssoun Habra, Hisham Al Gurg and Saud Al Nowais).

To see listing and email addresses of investors from the Middle East similar to Arab Angel Fund, check the Middle East Investors Directory.

More details follows:




 Saudi investors of Tamer Group and consortium invested $160 million in French firm Sigfox

tamer-europe.jpgSaudi investment firm Tamer Group and a consortium of investors have invested $162 million in Sigfox, a provider of connectivity for the Internet of Things.

Established in 2009, Sigfox builds wireless networks to connect low-energy objects such as electricity meters, smartwatches, and washing machines, which need to be continuously on and emitting small amounts of data. It currently has 10 million objects registered on its network and coverage currently spanning 26 countries. (Tamer Group is a healthcare, beauty care, and fast moving consumer goods company headquartered in Jeddah, Saudi Arabia)

Tamer Group is listed in the Middle East Investors Directory with the code SINO92.

More details follows:



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 Saudi investment firms invested $7 million in travel website HolidayMe

holidayme.jpgSaudi investments firm F&C Overseas Investment and Al Sanie Group have invested $7 million in travel booking website HolidayMe.

Founded in 2014, HolidayMe customers can choose from 400 holiday packages to over 200 destinations. It has previously secured $4 million from Saudi investors of Al Sanie Group. Another investor in this round is Accel Partners, a Silicon Valley based venture capital firm, an early investor in Dropbox and Facebook.

To see a list of investment firms similar to Al Sanie Group check the latest edition of Middle East Investors Directory.

More details follows:



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More from Saudi Investors ...


  UAE and Saudi investors acquired $2.4 million stake in financial website compareit4me (September 2016)

  Saudi investors of PIF acquired stake at US firm Uber for $3.5 billion (August 2016)

  Saudi venture capital firm RVC led investment of $17 million in Swedish firm (May 2016)

  Saudi venture capital firm SAEV invested $10 and $25 million in two US firms (May 2016)

  UAE and Saudi investors acquired $3 million stake in financial website compareit4me (September 2015)

  The National Geographic article on Saudi Al Shiddi Group investments in Europe (September 2015)

  Saudi Investors of Riyad Valley acquired stake in California firm Solexel for $70 million (August 2015)

  Saudi firm and partners acquired stake at Canadian Wheat Board for $203 million (April 2015)

  Saudi KBW Investments acquired 50% stake in Romanian engineering firm (November 2014)

  Saudi and Bahrain investors acquired Byrne for $160 million (March 2014)

  Saudi investors of Alkhabeer acquired stake in Express Group (December 2013)

  Saudi investors of Alkhabeer acquired real estate in Houston (September 2013)

  Saudi family office acquired Four Seasons Toronto for $200 million (November 2012)

  Saudi private equity firm invested $45 million in 10 global companies (November 2012)

  Alkhabeer Capital to launch a $400 million fund (September 2012)

  Saudi Aramco to invest up to $120 million in Europe (August 2012)

  Saudi investors Al-Tuwairqi rescued UK steel firm out of administration (June 2012)

  Takaful Emarat and Riyad Capital launched $5.3 million global equity investment fund (April 2012)




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Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.


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