Wamda

U.A.E

Foras acquires 10% stake in Canater in a $1 million deal

UAE-based logistics and supply chain startup Canater has raised $1 million in investment from Foras for 10% equity. Founded in...

Foras Canater Logistics

U.A.E

HRA Experience raises $40 million to launch Web3-powered global travel ecosystem

Abu Dhabi-based Web3 travel and payment platform HRA Experience has raised $40 million in a private investment round ahead of its...

HRA Experience

Egypt

Money Fellows secures $13 million to expand digital saving offerings across Africa

Egypt-based fintech Money Fellows has raised $13 million in a strategic funding round co-led by Al Mada Ventures and DPI Venture Capital...

Money Fellows Fintech Al Mada Ventures

Regional

MENA startups raised $228 million in April 2025, marking a 105% MoM surge

The Middle East and North Africa (MENA) startup ecosystem saw a substantial surge in investment in April 2025, securing $228.4 million...

Investment investments

Saudi Arabia

Nqoodlet bags $3 million Seed funding to boost SME finance in MENA

Saudi Arabia-based fintech Nqoodlet has raised $3 million in a seed round led by Waad Investments, with participation from OmanTel, 500...

NQOODLET Waad Investments

Oman

Oman’s Darrbak secures pre-seed funding from Future Fund

Oman-based B2B traveltech Darrbak has closed an undisclosed pre-seed funding round led by the Future Fund under the Oman Investment...

Darrbak traveltech Future Fund

Saudi Arabia

Tuba launches in Saudi Arabia with $8 million investment

Saudi Arabia-based healthtech Tuba has raised $8 million in a pre-seed round led by Al-Waalan Investment with participation from...

Tuba healthtech

U.A.E

Fuze closes $12.2 million Series A to power digital asset infrastructure

UAE-based fintech Fuze has raised $12.2 million in a Series A funding round led by Galaxy and e& capital, with participation from...

Fuze Fintech e& capital

Iraq

Iraq's automotive marketplace iQ Cars raises 7-figure seed round

Iraq-based autotech iQ Cars has raised a 7-figure seed round led by Euphrates Ventures. Founded in 2020 by Amer Salih, iQ Cars is an...

iQ Cars autotech Euphrates Ventures

Regional

i3 awards $1.5 million to seven African healthtech startups

The pan-African i3 programme has selected 7 growth-stage startups—Chefaa, Dawa Mkononi, Meditect, mPharma, myDawa, RxAll, and...

Investing in Innovation Africa (i3)

Saudi Arabia

erad secures $16 million pre-Series A to bridge SME credit gap in MENA

Saudi Arabia-based fintech erad has raised a $16 million pre-Series A funding round, backed by Y Combinator, Nuwa Capital,...

erad Fintech YCombinator

United States

Wamda Capital backs BloomPath's $1.3 million pre-Seed round

US-based SaaS provider BloomPath has raised $1.3 million in a pre-seed funding round, led by RAED Ventures, with participation from Ulu...

BloomPath SAAS HRtech

Saudi Arabia

Techrar secures $1.6 million investment from Wae'd Ventures

Techrar, the Saudi platform for managing subscriptions, memberships, and recurring billing, has closed an investment round worth $1.6...

Techrar Fintech Wa'ed Ventures

U.A.E

Zest Equity secures $4.3 million pre-Series A led by Prosus Ventures

UAE-based fintech Zest Equity has raised $4.3 million in pre-Series A funding, led by Prosus Ventures with participation from...

Zest Equity Prosus Ventures Fintech

U.A.E

UAE's premium e-commerce Hushday raises $550,000 pre-seed

UAE-based premium e-commerce platform Hushday has raised $550,000 in a pre-seed funding round from undisclosed regional...

Hushday E-commerce

Saudi Arabia

iMENA raises $135 million pre-IPO investment

Saudi Arabia-based digital platform supporter iMENA Group has raised a $135 million pre-IPO investment from Sanabil Investments, FJ...

iMENA Group iMENA Sanabil Investments

Saudi Arabia

Jaree launches in Saudi Arabia to democratise venture capital access

Press release: A new player has entered the Saudi startup ecosystem. Jaree Platform, a platform for matching venture capital, officially...

Jaree Venture Capital

Jordan

Jordan's ISSF injects $3 million into Antler's MENAP Fund

Jordan's Innovative Startups and SMEs Fund (ISSF) has invested $3 million in the Antler MENAP Fund LP. The $60 million...

ISSF Antler

U.A.E

Resolv Labs raises $10 million Seed round led by Cyber.Fund

UAE-based crypto startup Resolv Labs has raised $10 million in a seed round led by Cyber.Fund and Maven11 and joined...

Resolv Labs Cyber.Fund crypto

Morocco

Morocco's VOVE ID secures fresh funds to support expansion ambitions

Morocco-based regtech VOVE ID has secured new investment from The Baobab Network for an undisclosed amount. Founded in...

VOVE ID Baobab Network

Egypt

DPI acquires Egypt’s fintech fund Nclude, launches Africa-focused VC arm

UK-based VC firm Development Partners International (DPI), an Africa-focused private equity firm, has taken over management of Nclude,...

Development Partners International DPI Nclude

Saudi Arabia

Sadq raises $1.5 million pre-series A led by X by Unifonic Fund

Saudi Arabia-based digital signature platform Sadq has closed a $1.5 million pre-Series A funding round, led by X by...

Sadq Unifonic Fund

Saudi Arabia

Saudi contech TruBuild secures $1 million Seed round

Saudi Arabia-based contech TruBuild has raised $1 million in a Seed funding round, led by Wa’ed Ventures and Dar...

TruBuild Wa'ed Ventures Dar Ventures

Regional

Mena startups raised $127 million in March 2025, bringing Q1 total to $1.5 billion

The MENA startup ecosystem saw a sharp decline in investment in March 2025. Funding fell by 76% to $127.5 million across 28 deals, compared...

investments

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