Wamda

U.A.E

Comfi expands across MENA after raising $65 million pre-Series A

UAE-based fintech Comfi has raised $65 million in a pre-Series A round combining equity and debt to scale SME financing across...

Comfi Fintech Iliad Partners

Bahrain

Lola closes $3 million seed to scale across GCC

Bahrain-founded D2C foodtech platform Lola has raised $3 million in a seed round led by Vision Ventures. The round included...

Lola Plus VC Vision ventures

United States

VAST Data closes Series F round at $30B valuation

US-based AI infrastructure company VAST Data has raised approximately $1 billion in a Series F round, reaching a $30 billion...

Vast Data

Saudi Arabia

Signit raises $15 million Series A led by Raed Ventures

Saudi Arabia-based startup Signit has raised $15 million in a Series A round to expand its AI-powered contract management...

Signit Raed Ventures STV

Oman

FASCANO closes $10 million round to enhance F&B operations across the region

Oman-based foodtech FASCANO has closed its third investment round at $10 million. The round included participation from His Highness...

Fascano Cyfr Capital Oman Future Fund

Regional

Speedinvest launches MEA fund backed by Mubadala, QIA, and EIB Global

Austria-based VC firm Speedinvest has launched its first flagship fund dedicated to the Middle East and Africa (MEA). The fund is...

Speedinvest QIA Mubadala

Egypt

Egypt's Sinai.ai raises $1.45 million pre-seed to build interactive AI-native books

Egypt-based startup Sinai.ai has raised $1.45 million in a pre-seed round, led by KAUST Innovation Ventures and DisrupTech...

Sinai.ai Maza Ventures KAUST Innovation Ventures

U.A.E

Ray launches in Dubai with $1.2 million investment in hand

UAE-based startup Ray has raised $1.2 million in a seed round to launch its powerbank-sharing service and expand across the GCC, led by...

Ray

Saudi Arabia

Aya closes $7 million Series A to scale on-demand fashion model

Saudi Arabia-based e-commerce platform Aya has raised $7 million (SAR 26 million) in a Series A round, led by RAED Ventures,...

Aya Ra'ed Ventures Nuwa capital

Saudi Arabia

Falak Holding acquires majority stake in AI startup Kernel

Falak Holding has acquired a majority stake in AI startup Kernel, including its operations in Saudi Arabia and Jordan. Kernel develops...

Falak Holding

Qatar

Sufra AI secures $100K from Snoonu as Startup Factory launches

Qatar-based F&B tech startup Sufra AI has secured a $100,000 pre-seed investment from Snoonu, marking the first deal under its...

Sufra AI Snoonu Startup Factory

Egypt

INVIA raises $1.2 million to build AI-powered financial OS for SMEs in Egypt

Egypt-based fintech startup INVIA has raised $1.2 million from angel investors and strategic backers. Founded in 2023 by Yehia Ashour,...

INVIA Fintech

U.A.E

Homegrown Ventures closes $22.8 million Fund I to back MENA consumer brands

UAE-based Homegrown Ventures has closed its debut Fund I at $22.8 million, exceeding its $20 million target. The fund focuses on...

Homegrown Ventures

Egypt

Egypt’s Reme-D secures GIF backing to cut diagnostic costs by 40%

Egypt-based biotech startup Reme-D has raised $500,000 from the Global Innovation Fund (GIF) to scale its molecular diagnostics...

Reme-D biotech Global Innovation Fund

Saudi Arabia

Saudi proptech Jozo closes $2.2 million seed

Saudi-based Jozo has raised $2.21 million (SAR 8.3 million) in a seed round, led by Sheikh Hamad Bin Saedan Real Estate Co. as a...

Jozo Proptech

Morocco

Tamwilcom launches $69 million venture-building programme to support 800 Moroccan startups

Moroccan public financing institution Tamwilcom has launched a $69 million (MAD 700 million) venture-building programme to...

Tamwilcom

Saudi Arabia

Saudi fintech AVA targets cashless growth with Plug and Play backing

Saudi Arabia-based fintech AVA has secured an undisclosed strategic investment from Plug and Play Middle East, following its graduation...

A Virtual Advantage AVA Plug and Play

Regional

MENA startup funding slips to $941 million in Q1 2026 amid heightened geopolitical risk

Startup funding in the Middle East and North Africa (MENA) fell to $941 million in the first quarter of 2026, marking a 21.5%...

Investment investments

Saudi Arabia

ElGoat raises $266,000 seed to build skill-based football gaming platform

Saudi Arabia-based sportstech ElGoat has raised $266,000 in a seed round via Trigon, reaching a valuation of $2.66 million. Founded in...

ElGoat Sportstech

Egypt

Egypt’s Lucky secures $23 million Series B to expand in North Africa

Egypt-based fintech Lucky has raised $23 million in a Series B round, combining equity and debt, with participation from Disruptech...

Lucky app Fintech Disruptech Ventures

Saudi Arabia

Backed by Sanabil 500, Maison Safqa secures $620,000 pre-seed

Saudi-based e-commerce platform Maison Safqa has raised $620,000 in a pre-seed round, with participation from 500 Global through the...

Maison Safqa Sanabil MENA 500 Accelerator Fund

Saudi Arabia

Aramco Ventures backs Via Separations in $36 million round

Saudi Arabia's Aramco Ventures participated in a $36 million funding round for the US-based deeptech startup Via Separations,...

Via Separations Aramco Ventures

Morocco

Zsystems brings total funding to $2.7 million with latest Seed round

Morocco-based retail B2B2C marketplace ZSystems has raised $1.65 million in a seed round led by Azur Innovation Management, with...

ZSystems Azur Innovation Management

Regional

MENA startup funding falls to $48.3 million in March 2026

Investment activity across the Middle East and North Africa’s startup ecosystem slowed sharply in March 2026, with just 17 startups...

Investment investments

Thought Leadership

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

Thank you