Wamda

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

Egypt

MNT-Halan reaches $1.4 billion valuation after investment round led by Al Ahly Capital

Egyptian fintech MNT-Halan has reached a $1.4 billion valuation following the first closing of a new investment round led by Al Ahly...

MNT-Halan Al Ahly Capital

Egypt

Blnk secures $37 million to deepen financial inclusion in Egypt

Egyptian fintech Blnk has raised $37.1 million, comprising $12.5 million in Series A equity funding and $24.6 million in local debt...

Blnk Fintech Algebra Ventures

Regional

MENA startups raise $454.7 million in May 2026, led by debt financing

At first glance, investment activity across the Middle East and North Africa (MENA) appears to have rebounded strongly in May 2026....

Investment investments

Egypt

Efham.ai secures investment from Foras.AI to democratise AI learning in Arabic

Foras.AI has invested in Efham.ai, an AI education platform developed by Egypt-based NixAI, to support the creation of what it describes...

Efham.ai Foras

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

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

Tunisia

Tunisian insurtech EYST secures six-figure investment from 216 Capital

Tunisia-based insurtech startup EYST Technology raised a six-figure investment from 216 Capital to support its technological expansion...

EYST 216 Capital Insurtech

Saudi Arabia

Arib targets Saudi digital lending boom with $23.5M funding round

Saudi Arabia-based fintech Arib has raised $23.5 million in a funding round led by Merak Capital. The round included Sharia-compliant...

Arib Fintech Merak Capital

Global

Sweden's PlayReplay targets MENA expansion after new $12M investment

Swedish sportstech PlayReplay has raised $12 million in a funding round led by Alfvén & Didrikson. The round included...

PlayReplay Sportstech

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

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

Saudi Arabia

a16z backs Saudi fintech Stitch in its first-ever GCC deal

Saudi Arabia-based fintech Stitch has raised $25 million in Series A funding led by the US-based VC Andreessen Horowitz (a16z). The...

a16z Stitch Andreessen Horowitz

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

Qatar

Qatar’s Snoonu backs accounting startup HASIF to support SME digitisation

Qatar-based accounting Saas platform HASIF has received an undisclosed investment from Snoonu through its Startup Factory...

Snoonu Snoonu Startup Factory HASIF

Saudi Arabia

Aumet closes $12 million Series A led by Emkan Capital

Saudi Arabia-based healthtech Aumet has raised $12 million in Series A funding led by Emkan Capital. The round included participation...

Aumet Emkan Capital healthtech

Saudi Arabia

Stream raises additional $5.2M, bringing total seed funding to $9.2M

Saudi Arabia-based fintech Stream has secured a $5.2 million seed extension round led by BECO Capital. The round included...

Stream BECO Capital Fintech

Saudi Arabia

Gabster secures $500K pre-seed to build unified AI business management platform

Saudi Arabia-based business operations platform Gabster has raised $500,000 in a pre-seed round backed by RAI and T2. Founded in 2024...

Gabster

Saudi Arabia

Hakeem Health raises $1.65 million backed by Merak Capital

Saudi Arabia-based healthtech Hakeem Health has raised $1.65 million in a funding round led by Merak Capital, with participation from...

Merak Capital Sanabil 500 Hakeem Health

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

Saudi Arabia

Khwarizmi Ventures launches Fund II with $70M+ first close to back GCC startups

Saudi Arabia-based venture capital firm Khwarizmi Ventures has launched Fund II, completing its first close at $70 million+ (SAR 270...

Khwarizmi Ventures

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

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