Graphiant, a San Jose-based NaaS startup, raised a $19M Series B extension led by Aramco's Wa'ed and Saudi Telecom's Tali, bringing the round total to $102M
Fahad Abuljadayel / Bloomberg :
Sources: Saudi Arabia's Prosperity7 participated in a ~$400M round in Zhipu AI at a ~$3B valuation, making it the only foreign investor in Chinese generative AI
Aramco's Prosperity7 takes part in investment round for start-up Zhipu AI — A Saudi Arabian fund has backed China's …
Saudi Arabia's PIF reports a $15.6B loss in 2022 after its Vision Fund and tech investments plunged; assets under management grew to $595.5B thanks to Aramco
- Softbank's fund saw a record loss of $32 billion in 2022 — Current estimates place the PIF's assets at $777 billion
Hammerspace, which offers data orchestration systems for Blue Origin, NSF, Royal Caribbean Group, and others, raised $56M led by Aramco's Prosperity7 Ventures
Ingrid Lunden / TechCrunch :
Riyadh-based Manafa, which offers SMBs debt and equity financing based on a crowdfunding model, raised a ~$28.2M Series A led by STV and Aramco's Wa'ed Ventures
Deena Kamel / The National :
Sources: Saudi Arabia's Aramco is considering a $1B fund to invest in international tech companies and may open an office in Silicon Valley or elsewhere in US
Wall Street Journal : Tweets: @bryce Tweets: Bryce Roberts / @bryce : So, a seed fund http://twitter.com/...
Sources: Saudi Arabia's Aramco is considering a $1B fund to invest in international tech companies and may open an office in Silicon Valley or elsewhere in US
Saudi Arabia is making efforts to diversify its oil-dependent economy — DUBAI—Saudi Arabia's national oil company is considering …