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Announced

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Raed Ventures, Rocketship.vc, STV and VentureSouq led a $30.5m series B financing round in Sary.

Synopsis

Raed Ventures, an early-stage venture capital firm, Rocketship.vc, an early-stage venture fund, STV, venture capital investing in up and coming market defaults, and VentureSouq, an investment platform for global early-stage technology businesses, led a $30.5m series B financing round in Sary, a B2B marketplace that connects small businesses with suppliers seamlessly. “The platform also simplifies procurement and KSA tax compliance for users by providing digitized statements, leaving us excited by the double value potential for businesses and Government alike,” Talal Alasmari, Raed Ventures Founder and Partner.

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