Wamda

U.A.E

Lakeba invests $10 million in AqlanX to localise enterprise AI solutions

UAE-based AI company AqlanX has secured a $10 million investment from Lakeba Group via its AI venture DoxAI, facilitated through the...

AqlanX AI DoxAI

Egypt

Nawy secures $75 million in equity, debt to fuel MENA expansion

Egypt-based proptech Nawy has raised $52 million in a Series A equity round led by Partech, with participation from e& Capital,...

Nawy Proptech Partech

Egypt

Career 180 launches Saudi operations backed by VMS partnership, fresh funding

Egypt-based edtech platform Career 180 has secured a six-figure investment from US-based Den VC and announced its expansion into Saudi...

Career 180 VMS

Tunisia

Attijariwafa Ventures backs Tunisian fintech Konnect in multi-investor round

Tunisia-based fintech company Konnect Networks has secured an undisclosed investment round from Attijariwafa Ventures as part of a wider...

Konnect Attijariwafa Ventures

Egypt

Egypt’s iSUPPLY lands $3 million Sharia-compliant investment

Egypt-based B2B medtech iSUPPLY has secured $3 million in Sharia-compliant revenue-based revolving financing from Bokra. Founded in...

iSUPPLY Bokra healthtech

Pakistan

Pakistan’s MedIQ secures $6 million Series A to scale Saudi operations

Pakistan-based healthtech MedIQ has raised $6 million in a Series A round led by Rasmal Ventures and Joa Capital, with participation...

MedIQ healthtech Joa Capital

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

Thought Leadership

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

Thank you