erad raised a Series A to develop financing products, expand across the GCC and grow its technology and commercial teams.
- Amount
- $22M
- Stage
- Series A
- Announced
- 28 September 2026
- Lead
- MEVP
- Other investors
- 500 Global, Saudi Venture Capital (SVC), S60 Ventures, ANB Capital, Conjunction Capital, Araya Ventures, Khwarizmi Ventures, Nuwa Capital, Aljazira Capital, Oraseya Capital, Joa Capital
- Use of funds
- Develop new financing products, expand across the GCC, and grow technology and commercial teams, focusing on industrial, logistics and manufacturing.
- Checked
- Amount and date matched across 2 press sources