Riyadh, Saudi Arabia Obeikan Digital Solutions (ODS) is excited to announce a strategic partnership with Significa Ventures, the cross-border venture capital and investment management platform. This partnership represents a key step in ODS’s mission to drive innovation and expand its digital and industrial ventures.
Significa Ventures will bring its expertise in innovation management and tech-based commercial partnerships to ODS, initially focusing on the Shamel product, a collaboration built to extend across other ventures under ODS’s portfolio, solidifying ODS’s role as a digital venture builder under the Obeikan Investment Group, dedicated to spinning off successful digital products & services.
“At ODS, we have ambitious goals for the value that digital innovation can bring to Obeikan Group and the broader Saudi economy,” said Mr. Ayman Farrag, Shamel’s GM at Obeikan Digital Solutions. “We have made significant strides in investing in leading digital solutions that leverage Obeikan’s core competencies, and we are very excited about the potential our partnership with Significa holds. This collaboration will expand ODS’s impact through meaningful commercial partnerships and investment opportunities starting with Shamel, delivering greater value to our customers and shareholders.”
We’re inviting innovative companies and startups to join forces in a transformative commercial partnership. Together, we can revolutionize the industry. Program and details will be shared soon.
“Significa’s mission is to bridge the gap between corporates, investors, and emerging tech startups,” said Mohamed ElSheikh, Managing Partner at Significa Ventures. “Partnering with ODS presents a unique opportunity to leverage our extensive expertise in scaling B2B e-commerce, partnerships development, deal advisory, and investment management to support ODS’s expansion. We are committed to delivering impactful solutions and scaling ODS’s digital ventures,
driving meaningful growth and innovation across the MENA region, and we’re starting that today also by celebrating the first startup collaboration deal between ODS & Teradix, the leading eProcurement platform.”
About Obeikan Digital Solutions
Obeikan Digital Solutions (ODS), a subsidiary of Obeikan Investment Group, is a leader in providing cutting-edge digital solutions for the industrial sector. Positioned as a manufacturing-based venture builder, ODS focuses on digital transformation and operational efficiency, offering a range of innovative products and services, including the Shamel platform, designed to optimize procurement and B2B supply chain processes. ODS is committed to empowering businesses through technology, enhancing productivity, and driving sustainable growth.
About Significa Ventures
Significa Ventures is a cross-border venture capital and investment platform focused on enabling investors, corporates, and governments to drive growth through technology investments. The firm specializes in early-stage startups across FinTech, HealthTech, AI, and B2B Solutions in the MENA and EU regions. Leveraging its expertise in innovation and investment management, Significa provides financial backing and strategic access to a global network of experts, partners, and customers. The firm manages various investment vehicles, including funds, accelerators, and corporate venture programs.
For more information, visit www.obeikandigital.com.sa or contact www.significaventures.com].