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Intelmatix raises $20m Series A for EDIX decision-intelligence platform

By Cicada DeskEvent date: 1 min read

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In brief

Saudi deep-tech company Intelmatix raised a $20 million Series A on 30 July 2024, led by Shorooq Partners.

Saudi deep-tech company Intelmatix raised a $20 million Series A on 30 July 2024, led by Shorooq Partners. Participants included Saudi Venture Capital Company (SVC), Saudi Technology Ventures (STV), Olayan Financing, Sultan Holdings, Zain Ventures and the Rua Growth Fund.

Founded in 2021 by MIT graduates, the company sells the EDIX enterprise decision-intelligence platform.

Key figures

  • $20mround size

Sources

This report is compiled from the sources below. Cicada links to every source we rely on.

  1. 1Saudi deeptech Intelmatix scores $20 million Series A Wamda · 30 Jul 2024

Archive report. Written in 2026 from contemporary sources and dated to the day the event happened.

Cite this story

Cicada Desk. "Intelmatix raises $20m Series A for EDIX decision-intelligence platform". Cicada, 30 July 2024. https://cicadaconsultancy.online/en/news/intelmatix-series-a-2024

Free to quote and reuse with attribution under CC BY 4.0.

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