Saudi Arabia Rize closes $35 million Series A led by Raed Ventures Saudi Arabia-based proptech Rize has closed a Series A investment round worth $35 million in a mix of equity and debt. The round... News • 20 January, 2025 Rize Proptech Raed Ventures
U.A.E Uktob.ai rebrands to Teammates.ai following successful funding round UAE-based AI solutions provider Teammates.ai has raised an undisclosed funding round from Hustle Fund, Access Bridge Ventures, Oraseya... News • 15 January, 2025 Teammates.ai Hustle Fund AI
U.A.E UAE-based contech Opteam raises pre-Seed round, led by Plus VC UAE-based contech Opteam has raised an undisclosed pre-Seed round, led by Plus VC, with participation from Dar Ventures, SIAC Ventures... News • 15 January, 2025 Opteam contech Plus VC
Qatar Startup Grind holds Qatar's first Tech Startup Community Awards ceremony Press release: Startup Grind Qatar, the local chapter of the global startup community, held its Tech Startup Community Awards Programme,... Press Release • 14 January, 2025 Startup Grind Qatar Tech Startup Community Awards
Egypt Egypt’s Raseedi acquires Kashat to broaden financial offerings Egypt-based fintech Raseedi has acquired Kashat, which in its role owns Pharos Microfinance S.A.E., a subsidiary of Kashat, in an equity... News • 14 January, 2025 Kashat Raseedi Fintech
U.A.E Sigma Capital launches first fund at $100 million to accelerate Web3 innovation Global Web3 early-stage venture asset manager Sigma Capital has launched the $100 million Sigma Capital Fund I dedicated to accelerating... News • 14 January, 2025 Sigma Capital Sigma Capital Fund I
U.A.E Bank Alfalah invests in UAE fintech Jingle Pay for 9.9% stake UAE-based remittances fintech Jingle Pay has raised funding from Bank Alfalah, a Pakistan-based bank, for a 9.9% stake. Founded... News • 14 January, 2025 Jingle Pay Bank Alfalah Fintech
Saudi Arabia Halo AI closes $6 million Seed led by Raed Ventures, Shorooq Saudi Arabia-based AI-powered networking platform Halo AI closed a $6 million Seed funding round, led by Raed Ventures and Shorooq,... News • 13 January, 2025 Halo AI Raed Ventures Shorooq
Palestine Palestine’s TAP secures $1 million to scale AI-powered platform Palestinian-Dutch company TAP has raised $1 million in investment, led by Invest International in the Netherlands, besides other... News • 13 January, 2025 TAP HRtech EdTech
Saudi Arabia Revie secures $2.5 million Seed from Sanabil Venture Studio Saudi Arabia-based interior design marketplace Revie has raised a $2.5 million Seed funding round led by Sanabil Venture Studio by... News • 08 January, 2025 Revie Sanabil Venture Studio Stryber
U.A.E Mintiply Capital partners with Fuel Venture Capital to boost entrepreneurial scene in GCC Press release: Mintiply Capital, a leading advisory and investment banking firm in the UAE renowned for its expertise in M&A,... Press Release • 08 January, 2025 Fuel Venture Capital Mintiply Capital
Saudi Arabia Wa’ed Ventures leads Zension Technologies’ $30 million Series A round Saudi Arabia-based aftersale services provider Zension Technologies has closed a Series A funding round at $30 million, led by Saudi... News • 07 January, 2025 Wa’ed Ventures E-commerce Zension Technologies
U.A.E MilkStraw AI raises $600,000 pre-Seed to propel MENA expansion plans UAE-HQ AI startup MilkStraw AI has raised $600,000 in pre-seed funding, led by Flat6Labs, with participation from Angel Spark, Beyond... News • 07 January, 2025 MilkStraw AI AI Flat6Labs
Egypt Nawy acquires ROA to launch new products Source: Daily News Egypt Nawy, Egypt’s leading proptech platform transforming real estate buying, selling, and investment, has... Nesma Abdel Azim • 05 January, 2025 Nawy ROA Proptech
Saudi Arabia Vreal closes pre-Seed round led by numu Angels Saudi Arabia-based AR/VR experience provider “Vreal” has secured an undisclosed pre-seed investment round from numu Angels... News • 03 January, 2025 Vreal Numu Angels Investment Community VR
Saudi Arabia SVC invests in Global Ventures’ $150 million third fund Press release: Saudi Venture Capital (SVC) has announced its investment in Global Ventures III, an early-stage venture capital fund... Press Release • 02 January, 2025 SVC Global Ventures
