Tech Company Financing Transactions
PetroApp Funding Round
Jadwa Investment and Bunat Ventures invested in a $50 million venture round for PetroApp. This VC investment round was announced by the company on 7/7/2025.
Transaction Overview
Company Name
Announced On
7/7/2025
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Jadwa Investment (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Al Boshari Rd- AlOlaya
Riyadh, 2282-122222
Saudi Arabia
Riyadh, 2282-122222
Saudi Arabia
Phone
Undisclosed
Website
Email Address
Overview
An electronic system that enables you to save and control the vehicles budget and avoid tampering, through a smart chip that is connected to the vehicle to pay through it and monitor consumption precisely and reliably.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Abdulaziz Al Senan
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About Our Venture Capital Transactions Database
We record tech company VC transactions. All VC database entries on this site are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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