Wamda

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

Egypt

Edafa Venture acquires Egypt's Cyclex in six-figure deal

Saudi-Egyptian investment firm Edafa Venture has acquired Egypt-based Cyclex in a six-figure deal, facilitated by Startup Sync. Cyclex...

Cyclex Edafa Venture

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

Raedbots launches as Egypt’s first industrial robotics manufacturer

Egypt-based Raedbots has launched as a local industrial robotics manufacturer, claiming to be the first in Egypt. Founded in 2026...

Raedbots robotics NVIDIA Inception Program

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

Propeller brings five MENA deeptech startups to Silicon Valley with Kernel Camp

Jordan-rooted, AI-focused VC Propeller has launched the first cohort of its Kernel Camp residency, bringing five deep-tech startups...

Kernel Camp Propeller

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

United States

WHOOP attracts Gulf sovereign funds and global athletes in $575M round

US-based healthtech company WHOOP has raised $575 million in a Series G round at a $10.1 billion valuation, led by Collaborative...

Whoop QIA Mubadala

U.A.E

estaie secures 7-figure pre-seed led by Plus VC

UAE-based proptech estaie has raised a 7-figure pre-seed round led by PlusVC and Orbit Ventures, with participation from Falak Angels...

estaie Plus VC Proptech

U.A.E

Mezza launches in the UAE with fresh seed backing

UAE-based hospitality platform Mezza has raised a seed funding round at an undisclosed value, from prominent angel investors. Founded...

Mezza

Egypt

ITIDA, Plug and Play support 61 Upper Egypt startups, unlock $3.7M in funding

Egypt’s Information Technology Industry Development Agency (ITIDA), in partnership with Plug and Play, has supported 61 startups...

ITIDA Plug and Play

Jordan

Arabic.AI partners with Qistas to deliver sovereign Arabic legal AI

Press release: Arabic.AI and Qistas announced today a strategic partnership to offer secure and sovereign artificial intelligence...

Qistas Arabic AI

U.A.E

CarniStore attracts $12.2 million strategic investment to scale premium food operations

UAE-based e-commerce platform CarniStore has secured a $12.2 million (AED 45 million) strategic minority investment from Emirates...

CarniStore Emirates Growth Fund (EGF)

Saudi Arabia

Saudi Arabia issues first open banking license to Lean Technologies

Saudi Arabia-based fintech Lean Technologies has become the first licensed open banking provider in the Kingdom after receiving a...

Lean Technologies Open banking

U.A.E

Submissions now open for the Zayed Sustainability Prize 2027

The Zayed Sustainability Prize is pleased to announce that submissions are now open for the 2027 awards cycle. Established in 2008,...

Zayed Sustainability Prize

U.A.E

Blackstone leads $250 million investment in UAE payments platform ADGT

ADGT, a UAE-based payments and data intelligence platform, has secured a $250 million investment from Blackstone alongside Raya Holding,...

Blackstone ADGT Advanced Digital Gaming Technology

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