Rewaa, a Riyadh, Saudi Arabia-based full-stack inventory management platform for the retail industry, has raised $27 million (SAR 100 million) in a Series A funding round. SaaS Investors The round was led by Wa’ed Ventures, with participation from STC's Corporate Innovation Fund (CIF), Graphene Ventures, Sadu Capital, Vision Ventures, Khwarizmi …

Paismo, a Lahore, Pakistan-based HR Tech startup, raised $1.3 million in an oversubscribed seed round, bringing its total funding to $1.5 million. SaaS Investors The round was led by Indus Valley Capital, with participation from investors including Antler and Jedar Capital. Indus Valley Capital is an early-stage VC fund focused …

Cypago, a Tel Aviv, Israel-based cybersecurity startup that aims to simplify and automate cybersecurity processes related to governance, risk, and compliance using AI technology, raised $13 million in funding (plus $2 million in debt). SaaS Investors The funding round was led by prominent venture capital firms Entrée Capital, Axon Ventures, …

Arkifi, a Palo Alto, CA-based artificial intelligence startup that provides workflow automation tools for financial institutions, including hedge funds and investment banks, raised over $9 million in seed financing. SaaS Investors The round was co-led by Khosla Ventures and Nyca Partners. Several other investors participated in the funding round, including …

Poolside AI, a US-based startup that wants to create a ChatGPT-like tool that can write software code, raised $126 million in seed funding. The round is a $100 million extension to a $26 million seed round announced in May. SaaS Investors The funding was led by French billionaire Xavier Niel …

Lex, a Los Angeles, CA-based AI-powered writing tool that can help writers streamline their writing process, secured $2.75 million in seed funding. SaaS Investors The round was led by True Ventures, an early-stage venture capital firm founded in 2005 and is headquartered in San Francisco, California. True Ventures invests in …

Redaptive, a Denver, Colorado-based Energy-as-a-Service provider that funds and installs energy-saving and energy-generating equipment, secured $125 million in financing. SaaS Investors Deutsche Bank’s US Private Credit & Infrastructure provided the warehouse facility. Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and …