Quarter in Motion: HALA Ventures Q2 2025Q2 2025 brought together steady growth, meaningful insight, and regional expansion for HALA Ventures and the founders we support. |
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Ali Abussaud, our CEO, joined a panel discussion with global minds titled “Riyadh’s Rise: New Global Hub for Entrepreneurs” at Majlis by Endeavor. Alongside key ecosystem leaders, the session explored how Riyadh is becoming a vibrant platform for founders, innovators, and international capital. |
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Hussain Almarhoon, our CFO, shared VC perspectives at the Access Circle Investment Forum, hosted by HRH Prince Abdulaziz bin Faisal bin Abdul Majeed Al Saud — emphasizing how venture capital is fueling Saudi’s evolving economy. |
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Scaling Arabic AI Intella entered the Omani market through a strategic partnership with Infoline, a subsidiary of Omantel. It also ranked second in Tawuniya’s InsurAI Challenge. Not only so, they also introduced Ziila — an advanced Arabic AI-powered digital human designed for natural, spoken customer interactions. |
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Local Innovation, Global Moves Nearpay continued its regional and global growth, launching with Albassami in Saudi Arabia and forming a strategic partnership with Bipos taxi in Turkey. Most notably, Nearpay entered the U.S. market — a significant step that reinforces its cross-border fintech ambition. |
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Growth with Momentum Sarwa surpassed $700 million in assets under management, marking its first quarter with over $100 million in deposits. It was named Best Wealth Management Solution – UAE 2025 and also expanded its offering with a new Alternative Assets service for high-net-worth clients. |
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Serving the Infrastructure of Commerce. Torod was named Logistics Company of the Year by the Arab Logistics Window and partnered with SMSA to launch a smart customer supply portal, offering clients direct access to essential packing and shipping materials. |
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A New Round of Investment for a New Round of Innovation! VUZ secured a $12 million Pre-Series C round led by IFC (World Bank), with participation from AlJazira Capital, CrossWork, and leading Saudi family offices. In partnership with Mobily, Kingdom Holding, and Rotana, VUZ delivered a groundbreaking 6 KM immersive outdoor media experience that connected Riyadh’s iconic towers with synchronized lasers and video. |
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Strategic Tech with Oracle Democrance announced a strategic partnership with Oracle Financial Services to streamline the insurance value chain across the Middle East and Africa. By integrating its agile digital distribution platform with Oracle’s core insurance systems, the collaboration enables insurers to accelerate product launches, scale more efficiently, and deliver seamless digital experiences across markets. |
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Participating Globally for a New Generation Lamsa contributed to UNICEF’s dialogue on early childhood at HCI.
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Expanding reach in AdTech and E-commerce Quantum is pushing boundaries in AdTech and e-commerce with strategic partnerships that create real impact. Partnering with Noon Food, a platform that processes thousands of monthly orders, to deliver e-samples directly to a wide, targeted customer base. This collaboration helps brands gain unparalleled visibility and traction — with the added option to include in-app media elements for even greater reach and engagement. |
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As Q3 approaches, we're preparing for HALA Ventures × Monsha’at—a three-day engagement event designed to spark productive partnerships between corporates and high-growth B2B scaleups. Registrations are now closed but keep an eye for our next edition!
We're always looking forward to more momentum, deeper partnerships, and more milestones with every bold founder we back.
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Warm regards, The HALA Ventures Team |
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