Wamda

U.A.E

Algebra AI secures $7 million to deliver managed AI services for mid-market companies

Algebra AI, an AI transformation company based in the UAE, has officially launched after raising $7 million from Infinity Constellation,...

Algebra AI BECO Capital silicon badia

U.A.E

Arabic.AI partners with Stanford to introduce HELM Arabic Enterprise

Press release: Arabic.AI, a regional leader in Arabic artificial intelligence and enterprise technology, announced the launch of HELM...

Arabic.AI Stanford HELM Arabic Enterprise

U.A.E

Zuvees raises fresh capital to expand across the Middle East and global markets

UAE-based gifting platform Zuvees has raised $1.6 million from IvyCap Ventures as part of its ongoing Series A funding round to...

Zuvees IvyCap Ventures

U.A.E

UAE's CNTXT AI acquires Actualize to expand enterprise-grade Arabic AI agents

UAE-based AI company CNTXT AI has acquired Actualize, an enterprise AI startup specialising in dialect-aware Arabic voice agents, to...

CNTXT AI Actualize

U.A.E

Anara Impact Capital announces $48 million first close of MENA-focused fund

MENA-focused impact venture capital firm Anara Impact Capital has announced the first close of its debut fund at $48 million, nearing...

Anara Impact Capital KfW ISSF

U.A.E

du, Shorooq partner on $50 million fund to to back regional startups

UAE-based telecom operator du has launched du Ventures, a $50 million corporate venture capital fund, in partnership with investment...

du Shorooq

U.A.E

CargoX secures $250 million led by BlueFive Capital for driverless logistics expansion

UAE-based autonomous logistics startup CargoX has raised $250 million from an investor group led by BlueFive Capital. The company is...

CargoX BlueFive Capital

U.A.E

Uber increases Careem ownership after $100 million stake purchase from e&

UAE-based super app Careem is set to return to closer control under Uber after Uber agreed to acquire a 12.5% stake from e& for $100...

Uber careem e&

U.A.E

Private markets are entering their AI-native era, and FinBursa is here to lead it

For decades, private markets have operated through relationships, networks, and institutional trust. Yet behind the sophistication of...

FinBursa AI

U.A.E

RemotePass secures $17.4 million Series B to accelerate global expansion

Wamda Capital-backed global employment, payroll, and spend platform RemotePass has raised $17.4 million in Series B funding led by...

RemotePass Wamda Capital HRtech

U.A.E

UAE-based eVoost AI expands globally after $2.2M funding round

UAE-based proptech eVoost AI has raised $2.2 million (€2 million) in a funding round led by First Drop VC and joined by...

eVoost AI First Drop VC Hub71

U.A.E

Peekabox raises $1.5 million to tackle food waste in the UAE

UAE-based surplus food marketplace Peekabox has raised an oversubscribed $1.5 million seed round to scale its operations in the...

Peekabox foodtech E-commerce

Saudi Arabia

TruKKer secures up to $300M securitisation facility from ADCB

MENA-based digital freight network TruKKer secured an inaugural trade receivables securitisation facility of up to $300 million arranged...

Trukker ADCB

U.A.E

Lyrie.ai exits stealth with $2 million pre-seed round

UAE-based cybersecurity startup Lyrie.ai has raised $2 million in pre-seed funding from unnamed investors and officially exited...

Lyrie.ai cybersecurity

Egypt

Beltone VC and Citadel exit Bosta with 75% IRR

Egypt's Beltone Venture Capital and the UAE's Citadel International Holdings have exited Bosta through their joint investment...

Beltone Venture Capital Bosta Citadel International Holdings

U.A.E

Mubadala leads CredibleX Series A within broader $15 million round

UAE-based fintech CredibleX has closed a Series A funding round led by Mubadala Investment Company, as part of a broader $15...

CredibleX Mubadala

U.A.E

Udora secures $10 million as it prepares Saudi market entry

UAE-based gifting platform Udora has raised $10 million in a private funding round, according to Entrepreneur Middle East. Founded in...

Udora

U.A.E

Comfi expands across MENA after raising $65 million pre-Series A

UAE-based fintech Comfi has raised $65 million in a pre-Series A round combining equity and debt to scale SME financing across...

Comfi Fintech Iliad Partners

U.A.E

Ray launches in Dubai with $1.2 million investment in hand

UAE-based startup Ray has raised $1.2 million in a seed round to launch its powerbank-sharing service and expand across the GCC, led by...

Ray

U.A.E

Homegrown Ventures closes $22.8 million Fund I to back MENA consumer brands

UAE-based Homegrown Ventures has closed its debut Fund I at $22.8 million, exceeding its $20 million target. The fund focuses on...

Homegrown Ventures

U.A.E

estaie secures 7-figure pre-seed led by Plus VC

UAE-based proptech estaie has raised a 7-figure pre-seed round led by PlusVC and Orbit Ventures, with participation from Falak Angels...

estaie Plus VC Proptech

U.A.E

Mezza launches in the UAE with fresh seed backing

UAE-based hospitality platform Mezza has raised a seed funding round at an undisclosed value, from prominent angel investors. Founded...

Mezza

Jordan

Arabic.AI partners with Qistas to deliver sovereign Arabic legal AI

Press release: Arabic.AI and Qistas announced today a strategic partnership to offer secure and sovereign artificial intelligence...

Qistas Arabic AI

U.A.E

CarniStore attracts $12.2 million strategic investment to scale premium food operations

UAE-based e-commerce platform CarniStore has secured a $12.2 million (AED 45 million) strategic minority investment from Emirates...

CarniStore Emirates Growth Fund (EGF)

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