Erad, a Riyadh, Saudi Arabia-based financial technology and revenue-based financing platform for small and medium-sized enterprises (SMEs), raised USD22m in Series A funding. The round was led by Middle East Venture Partners (MEVP), with participation from Saudi Venture Capital (SVC), 500 Global, S60 Ventures, ANB Capital, Conjunction Capital, Araya Ventures, Khwarizmi Ventures, Nuwa Capital, Aljazira Capital, Oraseya Capital, and Joa Capital....See more