Wamda

United States

WHOOP attracts Gulf sovereign funds and global athletes in $575M round

US-based healthtech company WHOOP has raised $575 million in a Series G round at a $10.1 billion valuation, led by Collaborative...

Whoop QIA Mubadala

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

Egypt

ITIDA, Plug and Play support 61 Upper Egypt startups, unlock $3.7M in funding

Egypt’s Information Technology Industry Development Agency (ITIDA), in partnership with Plug and Play, has supported 61 startups...

ITIDA Plug and Play

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)

Saudi Arabia

Saudi Arabia issues first open banking license to Lean Technologies

Saudi Arabia-based fintech Lean Technologies has become the first licensed open banking provider in the Kingdom after receiving a...

Lean Technologies Open banking

U.A.E

Blackstone leads $250 million investment in UAE payments platform ADGT

ADGT, a UAE-based payments and data intelligence platform, has secured a $250 million investment from Blackstone alongside Raya Holding,...

Blackstone ADGT Advanced Digital Gaming Technology

Morocco

GoSwap secures backing from Azur Innovation Fund to expand urban mobility network

Morocco-based electric mobility startup GoSwap has secured seed funding from Azur Innovation Fund to scale its battery-swapping...

GoSwap Azur Innovation Fund mobility

U.A.E

zypl.ai closes $5.5 million bridge round at $80 million valuation

UAE-based credit scoring platform zypl.ai has raised $5.5 million in a bridge round led by Carbide Ventures and investors including...

zypl.ai Carbide Ventures

Saudi Arabia

Saudi edtech GAGA secures $2.5 million in pre-Series A round

Saudi-based edtech startup GAGA has raised $2.5 million in a pre-Series A round led by Phoenix Venture Partners, bringing its total...

GAGA EdTech Phoenix Venture Partners

U.A.E

Phoenix Venture Partners reaches third close of debut fund

UAE-based VC firm Phoenix Venture Partners (PVP) has completed the third closing of its inaugural fund (PVPIF), attracting...

Phoenix Venture Partners

Saudi Arabia

Ninja explores Riyadh listing as Saudi market holds steady despite tensions

Saudi Arabia-based q-commerce startup Ninja is considering an IPO in Riyadh, as it explores listing options following strong growth and...

Ninja ipo

Egypt

People of Data summit maps Egypt’s AI roadmap for startups and investors

Cairo hosted the “People of Data – Sharks Edition” summit, bringing together tech leaders, AI experts, and investors...

People of Data Shark Tank

Egypt

Beltone secures initial FRA approval for Egypt’s first silver investment fund ‘Fadda’

Egypt-based Beltone Asset Management has secured initial FRA approval to launch “Fadda”, Egypt’s first silver...

Beltone Fadda Fund

U.A.E

SpaceX’s Starlink officially launches in the UAE

Starlink, SpaceX’s satellite internet service, has launched in the UAE, offering residential plans starting at AED 230 per month...

Starlink

Syria

Syrian proptech Miftah raises pre-seed round

Syria-based proptech Miftah has raised a pre-seed round for an undisclosed value, ahead of its market launch, aiming to build...

Miftah Proptech

Algeria

Algeria’s Yassir expands into adtech with Kawarizmi acquisition

Algeria-based super app Yassir has acquired Paris-based adtech company Kawarizmi as part of its strategy to build an integrated retail...

Yassir Kawarizmi

Egypt

Qualiphi acquires Career Club to expand AI-powered career services in MENA

Egypt-based recruiting platform Qualiphi has acquired Career Club, a virtual career platform previously owned by iCareer, in a...

Qualiphi Career Club

Saudi Arabia

Wa’ed Ventures invests in Resemble AI to combat AI-generated fraud

Wa’ed Ventures, the $500 million VC arm of Saudi Aramco, has made a strategic investment in US-based Resemble AI, a company...

Resemble AI Wa'ed Ventures

U.A.E

UAE blockchain startup Utexo raises $7.5 million seed led by Tether

UAE-based blockchain infrastructure startup Utexo has raised $7.5 million in a seed funding round led by Tether, with participation...

Tether Utexo Blockchain

U.A.E

Kudwa lands $1.1 million funding to scale its AI finance manager platform

UAE-USA-based finance Saas platform Kudwa has raised $1.1 million in a funding round backed by 1818 Venture Capital, F6 Ventures,...

Kudwa F6 Ventures 1818 Venture Capital

Saudi Arabia

Saudi Arabia's Infobrim secures angel funding at $3.5M valuation

Saudi Arabia-based AI startup Infobrim has secured its first strategic angel funding round at a $3.5 million valuation from unnamed...

Infobrim SAAS

Egypt

VMS to back seven Egyptian startups through new Cairo accelerator

Saudi Arabia's Venture studio Value Makers Studio (VMS) has launched VMS Accelerate in Cairo, a three-month accelerator aimed at...

VMS VMS Accelerate

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