Aramco's daring investment arm participates in a financing tour by a Korean company

The “Prost Fexes” fund, the daring investment arm of Aramco, participated in a $ 15 million financing tour for the South Korean Chips company, “Rebellions Inc”, according to a statement issued by the fund on Tuesday. Rivelians are looking for Samsung Electronics to develop on Tuesday. Her special part to serve the Tructer AI market. The start in June agreed to integrate his business with its competitive “Sapeon Korea”, a SK telecommunications, and said he was looking forward to making a possible preliminary public offer in South Korea. The $ 500 million “prostrates” work as an investment tool for the Kingdom of Saudi Arabia. The company also joined a $ 6.5 million financing round last Tuesday for the Aixplain, based in California, through which the Ribelians handle his second investment in the sector within less than a week. “We confirm our dedication to improving innovation in the semiconductor sector, which has become one of the most important areas that supports technological development within the vision of the Kingdom of Saudi Arabia for the year 2030.” “Wad” indicated that his investment in ‘Ribelianz’ is her first agreement in South Korea, where ‘Ribelianz’ plans to use financing to establish a new subsidiary in Saudi Arabia, and to launch commercial operations there, according to a statement issued by the company. The Kingdom of Saudi Arabia has emerged as an important center for the activity of Startups in the Middle East, as it raised 412 million dollars in the finance of bold capital in the first half of 2024, the highest number in the Middle East and North Africa, according to the “Magnet” data. The kingdom was also second on the list of emerging markets, to Singapore.