Wamda

Morocco

WafR secures $4 million seed to expand last-mile financial services in Morocco

Morocco-based fintech WafR has closed $4 million in an oversubscribed seed round, co-led by LoftyInc Capital, Attijariwafa...

WafR Fintech LoftyInc Capital

Egypt

Beltone Holding launches growth-stage private equity platform

Egypt-based Beltone Holding has launched its Private Equity platform, expanding its multi-stage investment strategy alongside Beltone...

Beltone Holding

Saudi Arabia

HUMAIN takes significant minority stake in xAI through $3 billion Series E

Saudi Arabia’s HUMAIN has invested $3 billion in xAI’s Series E round, shortly before the artificial intelligence...

xAI Humain

Morocco

Moroccan regtech Charikaty raises $150K on national investment show

Morocco-based regtech startup Charikaty has raised $150,000 (MAD 1.5 million) during Season 3 of “Qui Veut Investir Dans Mon...

Charikaty regtech

Egypt

Dawar acquires stake in BekyaPay to digitize Egypt’s recycling “first mile”

Egypt-based circular economy platform Dawar has acquired a strategic stake in consumer recycling app BekyaPay, extending its digital...

Dawar BekyaPay

U.A.E

Origen attracts $50 million strategic investment from Bluefive Capital

UAE-based AI tech company Origen has raised a $50 million strategic investment from Bluefive Capital to accelerate the deployment of...

Origen BlueFive Capital

Egypt

IFC commits $150 million to boost Egypt’s green finance sector

The International Finance Corporation (IFC) has announced five new projects in Egypt aimed at supporting climate finance, healthcare,...

ifc

Saudi Arabia

Saudi AI startup Deep.SA brings Vision Ventures into pre-seed round

Saudi AI startup Deep.SA has announced the participation of Vision Ventures in its pre-seed round, extending a previously raised...

Deep.SA Vision ventures

Egypt

Flextock targets e-commerce bottlenecks with $12.6 million Series A

Egypt-based e-commerce infrastructure startup Flextock has raised $12.6 million in a Series A round led by TLcom Capital, with...

Flextock TLcom Capital

U.A.E

Stake closes $31 million Series B led by Emirates NBD

UAE-based proptech platform Stake has raised $31 million in an oversubscribed Series B round led by Emirates NBD, with participation...

Stake Emirates NBD Proptech

Egypt

Breadfast moves closer to IPO with $50 million pre-Series C round

Egypt-based e-commerce platform Breadfast has raised $50 million in a pre-Series C round backed by Mubadala Investment Co., a Saudi...

Breadfast Mubadala

Saudi Arabia

Saudi cybersecurity startup Solidrange raises $2.4 million Seed round

Saudi Arabia-based cybersecurity startup Solidrange has raised $2.4 million in a seed round led by Sharaka Capital, with participation...

Solidrange Sharaka Capital Sadu Capital

Saudi Arabia

Saudi BNPL Madfu closes $25.5 million pre-Series A

Saudi Arabia-based fintech startup Madfu has raised $25.5 million (SAR 95 million) in a pre-Series A round led by Afaq Capital,...

Madfu BNPL

Saudi Arabia

Saudi fintech CASHIN raises $16 million Series A led by Impact46

Saudi Arabia-based fintech CASHIN has raised $16 million (SAR 60 million) in a Series A round led by Impact46. Founded in 2021 by...

CashIn Fintech Impact46

U.A.E

ZIWO raises strategic debt investment from Amplify Growth Fund

UAE-based AI contact centre platform ZIWO has secured a strategic growth credit investment from Ajeej Capital’s Amplify Growth...

ZIWO Amplify Growth Fund

U.A.E

XSquare attracts new investment to automate B2B finance infrastructure

UAE-based B2B fintech XSquare has raised a funding round from AngelSpark, value undisclosed. Founded in 2023 by ...

XSquare AngelSpark Fintech

U.A.E

QuicKart secures $1.5 million to expand fresh commerce across the UAE

UAE-based fresh commerce platform QuicKart has raised $1.5 million in a seed round led by Orbit Ventures, with participation from angel...

QuicKart Orbit Ventures

U.A.E

iBLOXX Studios secures $5 million for global expansion

UAE-based Web3 gaming studio iBLOXX Studios has raised over $5 million from unnamed investors. Founded in 2021 by Domenik Maier,...

iBLOXX Studios

Saudi Arabia

Jazr.io closes $213K pre-seed to scale AI-powered accounting platform

Saudi Arabia-based F&B Saas platform Jazr.io has raised $213,000 (SAR 800,000) in a pre-seed round, led by unnamed angel...

Jazr.io

Syria

Syrian agritech Nutra-GreeniX secures $200K seed round

Syria-based agritech Nutra-GreeniX has raised $200,000 in a seed round, led by EBLA Ventures, along with Syrian and Saudi...

Nutra-GreeniX agritech

Saudi Arabia

Routech Express bags $1 million pre-seed

Saudi-based logistics tech startup Routech Express has raised $1 million (SAR 3.75 million) in a pre-seed funding round led by...

Routech Express Q Fund

U.A.E

Smart Bricks closes $5 million pre-seed to automate real estate investing

UAE-based proptech Smart Bricks has raised $5 million in a pre-seed round led by Andreessen Horowitz (a16z Speedrun), with participation...

Smart Bricks Proptech

U.A.E

UAE fintech omnispay raises $2 million pre-Series A

omnispay has raised $2 million in a pre-Series A round, led by Infinity Value Capital Group. Founded in 2022 by Simanta Das, Vimal...

omnispay Fintech

Saudi Arabia

Saudi fintech SiFi raises $20 million Series A led by Ra’ed Ventures

Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has raised $20 million in a Series A round, led by Ra'ed...

SiFi Ra'ed Ventures

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you