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Impact46 advises Tamweel Aloula on issuance of additional tier-1 capital Sukuk Riyadh, Saudi Arabia - Impact46, a leading investment and advisory firm in the kingdom, announced the completion of Tamweel Aloula’s first issuance of an additional tier-1 capital sukuk...

Impact46 Announces The Launch Of Tier 1 Capital Sukuk Programme   Impact46, a licensed asset management and arranging firm by the capital market authority in Saudi has announced its assignment as the financial advisor for a non-bank financial institution (NBFI)...

For startups, a great team is everything! We've collaborated with ZenHR to create a booklet titled "Tips and Strategies for Success: How to Build a Successful Team for Your Startup," featuring top tips and strategies for team building.

In collaboration with FRS, Impact46 has launched an insightful series on Zakat and Tax principles in Saudi Arabia, specifically designed to assist and guide startups.

Impact46 Collaborate with NDF and SDB to Establish a SAR 150 Million Fund for the Gaming Industry Impact46 announced today at the LEAP conference the establishment of a new fund dedicated to investing in the gaming industry with a capital of 150 million Saudi Riyals....

Riyadh, Saudi Arabia – Impact46, a leading venture capital firm in Saudi Arabia, announced today its new logo and branding. The company’s new logo reiterates the company's focus and commitment to the market and marks the launch of even more community initiatives that...

COGNNA, a company specializing in cyber threat detection and response, has announced the successful closure of its Seed investment round, exceeding $2.25 million. This achievement marks a significant milestone as COGNNA becomes the first cybersecurity startup in the...

IMPACT46, Saudi Arabia's leading CMA-authorized asset management firm, announced today the start of deploying capital through Fund III. The SAR 500 million fund, which was announced in February 2023, is dedicated to investing in tech companies in Saudi Arabia and the...

Impact46 and AstroLabs release the flagship 2023 Saudi Gaming Market Outlook Report. in collaboration with PLAYHERA. 81% of surveyed gamers and game developers in Saudi Arabia are highly optimistic about the growth of the gaming industry in the upcoming year. More...

At the recent Saudi Tourism Forum, the Tourism Development Fund (TDF) and IMPACT46, a leading venture capital firm in the Kingdom, announced their joint investment in Al Matar Group for Travel and Tourism. The event, held at the Riyadh International Convention and...

IMPACT46 announced today, Feb. 7, launching its SAR 500 million fund to invest in tech startups across Saudi Arabia and the MENA region. This is the third and largest fund by IMPACT46. Through its funds, IMPACT46 aims to localize innovative technologies to support...

View IMPACT46 November 2022 Newsletter

In collaboration with Endeavor, IMPACT46 launched a Detailed Analysis of the FinTech Ecosystem in Saudi Arabia Report identifying 100 homegrown Saudi Arabian fintech startups and interviewing more than 30 entrepreneurs and stakeholders. 

View IMPACT46 October 2022 Newsletter

Saudi-based Retail enablement company, Zid has successfully raised $50 million (~188 million SAR) in a Series B funding led by IMPACT46 with participaction from new investors: Aramco venture capital arm (Waed Ventures) and Endeavour Catalyst. Previous investors:...

View IMPACT46 September 2022 Newsletter

View IMPACT46 August 2022 Newsletter

في هذه النشرة البريدية نشارككم قطاع غابت عنه الفرص الاستثمارية في المنطقة على الرغم من الجمهور الكبير والفرص العديدة الذي يخدمها "قطاع الألعاب الإلكترونية" أكبر عناصر قطاع الترفيه والذي يُعتبر بدوره من أهم محركات الاقتصاد في معظم الدول المتقدمة. ومع التغيير في مفاهيم...

View IMPACT46 July 2022 Newsletter

View IMPACT46 June 2022 Newsletter

The Saudi based “Ecommerce shipping easier” platform, Torod announced the closing of its Seed round led by IMPACT46 with the participation from local investors including Hala Venture & Seedra Venture.  Founded in early 2022 by Faisal Almaklas & Ammar...

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There’s no denying that the Middle East is growing fast and its restaurant scene is growing even faster. Dining in the UAE means exploring one of the most diverse, vibrant, and delicious food destinations on the planet. Restaurants are increasingly turning to Spades...

Taffi, an AI-empowered fashion marketplace, announced its $2M+ Seed investment round led by Impact46 & Al-Rashed group (ARG). In addition, the round also includes prominent angel investors from WomenSpark, Sultan Al-Hokair,...

Riyadh-based Nana, which fulfills online grocery orders from its Dark Stores and delivers within 15 minutes, has raised a total of $50m in a round led by FIM Partners and STV – which brings the total funding to $80m to date. The announcement was made as part of the...

Riyad-based social trading platform Dawul announced on Tuesday that it has raised $5 million in a seed round led by RAED Ventures with participation from Impact46, Seedra Ventures, Derayah Venture and Sukna Ventures. Dawul platform is the leading platform specialized...

Shuttle, the digital logistics/ smart locker platform utilizing IoT to optimize the logistic operation cycle by offering self-service lockers as the pick-up and drop-off points for packages, announced the closing of a 3.75 Million SAR Bridge to Seed round led by...

Raseed, the investment platform for GCC residents enabling access to stock trading in the US market, has raised a $1.1 Million (SAR 4.1 Million) Pre-Seed round led by Impact46 with participation from Oqal Angel Investors and leading family offices in the region....

Rasan, the technology company powering Tameeni – the first InsurTech platform in Saudi Arabia – closes an investment of 90 million SAR led by venture capitalist firm Impact46. This financing round marks the first growth stage InsurTech deal in the Kingdom. Rasan, as a...

Riyadh-based car rental & mobility solution, Telgani has closed a $2.5 Million (9.35 Million SAR) pre-series A round led by Impact46 with participation from Nomw Capital “private equity” and value-added investors. The platform offers a wide variety of mobility...

Merit Incentives, a leading developer of innovative customer and employee engagement solutions announced a $5 Million Series A investment round, led by Riyadh-based venture capital fund Impact46 along with Tech Invest Com, Arzan VC, Hambro Perks Oryx and several...

360VUZ, the leading immersive social mobile app scales its operations further in Riyadh, Saudi Arabia with a larger office and a Saudi team of superstars. As part of its growth plan, the 360VUZ Saudi office will focus on business development, building the latest...

360VUZ, the immersive virtual mobile app partners with Saudi Professional League (SPL), offering a fully immersive experience to football lovers, enabling them to watch highlights of the SPL games, behind the scenes videos and exclusive interviews with players all in...

As part of Telgani's strategy in expanding its network and partnering with institutions to provide high-level and distinctive services in the car rental sector. Telgani announced the signing of an agreement with Al-Tanfeethi to provide digitized solutions in the field...

The leading online car marketplace Syarah, secured $20 Million (75 million SAR) for its Series B investment round co-led by Impact46 and Elm company. The investment round aims to broaden the platform offering, improve the quality of the services and expand to new...

Riyadh-based digital automotive services start-up Speero has announced the closure of its pre-Series A funding round of US$1.8 million (SAR 6.75 million), co-led by Nuwa Capital and Eq2 Ventures with the participation of Saudi and international investors including...

Nejree, the Saudi online fashion & lifestyle destination that has recently launched “Nejree Closet”, a Try Now Buy Later “TNBL” innovative model, has raised $15 Million (56 Million SAR) in a Series A round led by Impact46 growth fund. Nejree, the Riyadh-based...

Floward, the go-to online flowers and gifts delivery platform, raised $27.5 million (103 M SAR) for its Series B funding round led by STV with participation from Impact46. Founded by Abdulaziz Alloghani back in 2017, Floward serves as a full-fledged online solution...

The logistics and supply chain startup Trukkin has secured an investment of 26 Million SAR for it’s Series A round. The round was led by Saudi based Emkan Capital with participation from Impact46 Seed Fund, Taya Group and other strategic investors. Founded in 2017 by...

Download I46 2020 Report

Hala (previously Halalah) one of the first fintech startups to obtain the full SAMA license, secures $6.5 Million (24.3 Million SAR) Series A round. The round included the participation of Impact46 Growth fund, Wamda & strategic investors. With the recent...

Bonat, the innovative customer engagement saas solution announced the raising of Seed round led by Impact46 with participation from SVC and angel investors. The funding, much of which will be invested in product development which concentrates on enhancing the user...

Saudi-based shari’ah compliant fintech company, Lendo, the leading crowdlending marketplace that offers small and medium-sized enterprises (SMEs) to digitally pre-finance their outstanding invoices, has announced that the company has successfully raised an investment...

Sanar, the Saudi digital healthcare platform raised an undisclosed seed round led by Impact46 seed fund. The funding round supports Sanar’s mission in contributing to raising the quality of healthcare, and soon revolutionizing the way people perceives it. Through the...

Raqamyah, the Saudi fintech Peer-to-Peer (P2P) lending platform operating under SAMA Sandbox environment has secured a $2.3 Million investment round led by Impact46 with participation from Vision Ventures, Mad’a Investment, Alyusur Company, Fadeed Investment and...

"The year of digitization. Many essentials had to be delivered to us at home, including education healthcare and basic food supplies. We all eventually adapt albeit with an altered perspective on our priorities. Embrace change and never stop trying." Abdulaziz Alomran...

Tamara, the Saudi-based Buy-Now-Pay-Later pioneer, announced the closing of a $6M (SAR 22.5M) Seed round investment led by Impact46. The round is considered the largest Seed in Saudi Arabia and involved leading local and regional investors including Vision Ventures,...

360VUZ, the immersive video mobile app attracts top international investors and confirms that it secured an additional round of investment to gear up for a strong Series B round. This investment brings the startup’s total amount raised to $8.4 million. The round had...

The Saudi startup car rental platform Telgani announced its partnership with the leading car rental company Key Car. The partnership aims to bring a seamless car rental experience in attracting individuals who are in constant travel journeys. Telgani allows users to...

The flower and gift delivery app "Floward" closes its $ 2.75 million investment round led by Impact46 fund, with the participation of Faith Capital, BNK and many regional companies. In 2017, Floward was introduced by Abdulaziz Alloughany where he tapped into the...

Payments 1. PoS Lending with the rise of e-commerce activities, “Buy now, Pay later” was developed to ease the payment process and accommodate buyers from different background. The BNPL trend enables consumers to split the cost of large purchases into regular...

As we’ve been looking into investment opportunities in lending, banking, personal finance, and investment technologies, we noticed that data aggregation was an increasingly important component for a lot of fintech — sometimes even critically important for products...

The high dependency on technology on both professional and personal levels have resulted in an innovational and development growth in multiple verticals within the technology sector. The sector now represents a huge part of the economy, reaching a value of $5.2...

Are You A Pirate

The increase of users counting on technology in the past few years, have forced many sectors to shift their offerings into technology-based. With the case of healthcare, several limitations slowed this sector's adaptability to change. Most of which revolved around the...

Syarah, an online marketplace for cars, closes its Bridge to B round of investment, for an undisclosed amount, with participation from Impact46 and an angel investor. What started out as a cars listing website back in 2015, is quickly turning into one of the largest...

Jahez International announced the successful closing of its Series A round of funding, led by Impact46, marking the largest VC deal of its kind in Saudi Arabia so far this year. A 137 million SAR transaction entailing primary and secondary shares, all funded by...

Telgani, the car rental platform startup based in Saudi Arabia, has announced the closing of a six figure investment for its seed round. Investors in the round included 500 startups, Saudi venture capital company, impact46, and a group of angel investors. Telgani,...

Impact Seed, a Fund based out of Riyadh, Saudi Arabia and managed by Impact46 have been selected to join Draper Venture Network’s DVN Beta Program. Marking Impact46 to be the first Saudi Fund to join the exclusive network. Impact46 launched its Seed fund mid 2019, led...

Market Overview:Globally, online grocery has grown rapidly. Credit Suisse estimates the market will grow to $285B by 2020. USA and Europe have seen several successful e-grocery start-ups, who have benefited immensely from the fulfilment infrastructure and delivery...

With the spread of Covid-19 and the lockdown we will be implmented worldwide, We're highlighting the sectors affected positively and other sectors we see an opportunity for growth during this current circumstances. 1- On-demand delivery platforms (positively affected)...

It is widely believed that the origins of the coronavirus, and specifically the coronavirus known as 2019-nCoV is China. Many have stated that the virus has its origins in a wet market in Wuhan, China. According to Science, this might not be the case. In fact, the...

Most Important Trends of fintech in 9 Key AreasUntil then.. Stay Safe.

Speero is on a mission to organize the unorganized Spare Parts Industry in KSA! The Saudi Autotech marketplace Speero raises a six-figures USD deal for its pre-series A round from 500Startups, Impact46, and Derayah Ventures. Speero offers an online marketplace for...

Raqamyah Platform, a Saudi based Peer-to-Peer (P2P) SME lending platform (approved by SAMA Regulatory Sandbox), secured seed funding from Impact46. As a FinTech company, Raqamyah uses innovative technology to connect small businesses seeking fast, affordable finance...