Vrtx, $3.6M

What moved

1. VrtxVenture

   Vrtx raises a $3.6M pre-seed round for embedded finance

   $3.6M

   InvestorsSC Ventures, Sadu Capital, BYLD, Suhail Ventures, F6 Ventures, TAZ Investment, Palm Ventures

   Vrtx builds wallets, payouts, card issuing, transfers and transaction processing that other businesses can embed, and holds in-principle approval from SAMA for an Electronic Money Institution licence.

   Source: wamda.com Deal log entry

2. Alt CapitalPrivate equity

   Alt Capital signs for a significant minority stake in Mazaia

   InvestorsAlt Capital

   It is Alt Capital's first investment in Saudi fuel retail, in an operator with more than 250 sites; the stake size and price were not disclosed and closing is subject to regulatory approvals.

   Source: jawlah.co Deal log entry

3. Qassim CementM&A

   Qassim Cement completes its acquisition of Amix

   SAR 65M

   Qassim Cement now owns 100% of Amix for Ready Mix Concrete, which becomes a wholly owned subsidiary after a no-objection decision from the General Authority for Competition.

   Source: argaam.com Deal log entry

4. Alandalus PropertyM&A

   Alandalus Property unit buys Riyadh logistics land for SAR 83.8M

   SAR 83.8M

   The 44,550 sqm plot in Al Mashael will host logistics warehouses as part of the company's 2026 to 2030 plan, funded from internal resources and bank facilities.

   Source: gdnonline.com Deal log entry