COLABS: $8 Million Raised To Launch Riyadh Workspace Campus And Expand Across Middle East, North Africa, And Pakistan
By Amit Chowdhry ● Yesterday at 12:58 PM
COLABS, a Saudi-headquartered community-led workspace platform, has launched a 4,000-square-meter campus in northern Riyadh, marking its entry into Saudi Arabia amid growing competition to serve the Kingdom's expanding startup and SME sector. The company has raised more than $8 million to date from investors, including Shorooq, Waseel Partners, Zayn VC, Indus Valley Capital, Fatima Gobi Ventures, and other regional backers. The Riyadh opening marks the beginning of COLABS' international expansion, with the company aiming to become the largest workspace provider for startups and scaleups across the Middle East, North Africa, and Pakistan.