Wamda

Morocco

First Circle Capital secures $6 million investment from IFC

Morocco- and Uganda-based VC firm First Circle Capital has secured $6 million in funding from IFC, part of the World Bank Group, to back...

First Circle Capital ifc

Morocco

DisrupTech Ventures invests in Morocco’s Chari to expand fintech inclusion across Africa

Egypt-based VC firm DisrupTech Ventures has invested in Chari, a Y Combinator–backed Moroccan fintech startup, marking its first...

Disruptech Ventures Chari

Saudi Arabia

SPICE launches in Saudi Arabia to reshape restaurant funding across the GCC

SPICE, a premium dining and restaurant-tech platform founded by Zeid Husban, Wadi Hawi, and Yousef Sawalha, has officially launched in...

SPICE restaurants

Saudi Arabia

Jahez invests in Doos to fast-track Saudi quick-commerce growth

Saudi Arabia-based Doos, a q-commerce platform founded in 2023 by Tala Al Sahsah, has secured a strategic investment from Jahez. The...

Doos Jahez q-commerce

Saudi Arabia

Tali Ventures backs Bonat’s $6 million Series A to fuel AI-driven customer growth

Saudi Arabia-based Bonat, an AI-powered customer engagement platform, has raised $6 million in a Series A round led by stc...

Bonat tali ventures STC

Tunisia

Tunisian traveltech WildyNess closes pre-seed round

WildyNess, a Tunisian B2B2C traveltech startup, closed its pre-seed round co-led by Bridging Angels and the African Diaspora...

WildyNess traveltech Bridging Angels

Saudi Arabia

Stream secures $4 million seed funding to transform B2B payments in MENA

Saudi Arabia-based fintech Stream has raised $4 million in seed funding led by Outliers VC, with participation from BYLD Ventures and...

Stream Outliers VC BYLD Ventures

U.A.E

Property Finder receives $250 million debt from Ares Management

UAE-based proptech Property Finder has raised a $250 million debt financing commitment from Ares Credit funds to support its next phase...

Property finder Proptech

Morocco

ORA acquires Cathedis in Morocco’s first locally funded startup merger

Moroccan superapp ORA Technologies and Azur Innovation Fund have acquired Cathedis, marking the first-ever consolidation between...

Ora Technologies Azur Innovation Fund Cathedis

Saudi Arabia

noon, Jahez unite to connect quick commerce with food delivery across the Kingdom

Saudi-born food delivery app Jahez has partnered with noon, integrating their platforms to enhance delivery speed, choice, and...

Noon Jahez

Saudi Arabia

rmz.ai raises $100,000 pre-seed from Beyond.xyz

rmz.ai, a Saudi generative AI platform, announced the completion of its $100,000 pre-seed funding round led by Beyond.xyz, a Saudi-based...

rmz.ai generative AI

Saudi Arabia

Logexa raises $2 million pre-Series A led by SEEDRA Ventures

Saudi-based logistics provider Logexa has concluded a $2 million pre-Series A funding round, led by SEEDRA Ventures and including...

Logexa Logistics Seedra Ventures

Saudi Arabia

PIF, Aramco join forces through HUMAIN to accelerate Saudi Arabia’s AI ambitions

PIF and Aramco signed a non-binding term sheet to combine their artificial intelligence (AI) assets and work jointly through HUMAIN, a...

Humain PIF Aramco

United States

MidLyr closes $2.5 million pre-seed to advance MENA expansion plans

US-based fintech MidLyr has raised $2.5 million in pre-seed funding led by Silicon Badia, with participation from Wedbush Ventures,...

MidLyr silicon badia Fintech

Egypt

Karm expands into Cyprus with EUR 5 million project financing from Eurobank

Egypt-based solar energy utility Karm (KarmSolar) has announced its first international expansion with the establishment of KarmCyprus,...

KarmSolar Karm

Saudi Arabia

Tabby completes secondary share sale at $4.5 billion valuation

Tabby, the Saudi Arabia-headquartered fintech, announced the completion of a secondary share sale by certain existing...

Tabby Fintech

Egypt

A Ventures, TikTok launch “A 7elmak?” a live show turning youth dreams into startups

In a groundbreaking step to ignite the entrepreneurial spirit among the region’s youth, A Ventures, in strategic partnership with...

A 7elmak A Ventures TikTok

Saudi Arabia

Saudi insurtech Najeeb.ai closes pre-seed round

Saudi Arabia-based insurtech Najeeb.ai has raised an undisclosed pre-seed round from local and regional angel investors. Founded in...

Najeeb.ai Insurtech

Saudi Arabia

Squadio nets $3 million to scale AI-powered remote tech hiring from Saudi Arabia

Saudi Arabia-based HRtech Squadio has raised $3 million in a pre-Series A round, backed by Wa’ed Ventures, 500 Sanabil MENA,...

Squadio HRtech Wa’ed Ventures

U.A.E

UnifyApps secures $50 million Series B to scale GenAI adoption across enterprises

UAE-based SaaS solutions provider UnifyApps has raised $50 million in Series B funding led by WestBridge Capital, with participation...

UnifyApps ICONIQ SAAS

Saudi Arabia

HALA Capital launches as CMA-licensed private capital firm, expanding beyond ventures

Saudi Arabia-based HALA Capital, formerly HALA Ventures, has officially launched as a CMA-licensed private capital firm....

HALA Capital HALA Ventures

Saudi Arabia

Velents raises $1.5 million investment to propel launching Agent.sa

Saudi Arabia-based HRtech Velents.ai has raised $1.5 million from angel investors, including executives from Google and BCG. The funding...

Velents AI Velents HRtech

U.A.E

Property Finder invests in Stake to accelerate MENA’s proptech innovation

UAE-based proptech Property Finder has invested in Stake, a UAE-based digital real estate investment platform, in an undisclosed...

Property finder Stake

Saudi Arabia

Wa’ed Ventures leads $10 million pre-Series A in US-based Kure Cells

Wa’ed Ventures, the $500 million venture capital fund backed by Aramco, has led a $10 million Pre-Series A round in Kure Cells, a...

Wa'ed Ventures Kure Cells

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