Wamda

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

U.A.E

Resolv Labs raises $10 million Seed round led by Cyber.Fund

UAE-based crypto startup Resolv Labs has raised $10 million in a seed round led by Cyber.Fund and Maven11 and joined...

Resolv Labs Cyber.Fund crypto

Morocco

Morocco's VOVE ID secures fresh funds to support expansion ambitions

Morocco-based regtech VOVE ID has secured new investment from The Baobab Network for an undisclosed amount. Founded in...

VOVE ID Baobab Network

Egypt

DPI acquires Egypt’s fintech fund Nclude, launches Africa-focused VC arm

UK-based VC firm Development Partners International (DPI), an Africa-focused private equity firm, has taken over management of Nclude,...

Development Partners International DPI Nclude

Saudi Arabia

Sadq raises $1.5 million pre-series A led by X by Unifonic Fund

Saudi Arabia-based digital signature platform Sadq has closed a $1.5 million pre-Series A funding round, led by X by...

Sadq Unifonic Fund

Saudi Arabia

Saudi contech TruBuild secures $1 million Seed round

Saudi Arabia-based contech TruBuild has raised $1 million in a Seed funding round, led by Wa’ed Ventures and Dar...

TruBuild Wa'ed Ventures Dar Ventures

Regional

Mena startups raised $127 million in March 2025, bringing Q1 total to $1.5 billion

The MENA startup ecosystem saw a sharp decline in investment in March 2025. Funding fell by 76% to $127.5 million across 28 deals, compared...

investments

U.A.E

Rentify to empower UAE proptech scene with new $500,000 investment

UAE-based proptech and fintech Rentify has secured $500,000 in funding from unnamed investors. Founded in 2025 by...

Rentify Proptech Fintech

Saudi Arabia

STUCK? closes six-figure pre-seed to advance Arabic content solutions

Saudi Arabia-based AI-powered language intelligence platform "STUCK?" has closed a six-figure pre-seed...

STUCK? AI Arabic Content

Morocco

PayTic secures $4 million investment from AfricInvest

Morocco-based fintech PayTic has raised $4 million in funding, led by AfricInvest alongside Build Ventures, Axian Group, Mistral,...

PayTic AfricInvest Fintech

Saudi Arabia

Sary, ShopUp join forces to create "SILQ" fuelled by $110 million investment

Saudi Arabia-based B2B marketplace Sary has merged with Bangladesh's ShopUp to form SILQ Group, which is backed by $110 million in...

SARY ShopUp E-commerce

Bahrain

Bahraini social commerce Sellou closes undisclosed seed round

Bahrain-based social commerce startup Sellou has raised a seed funding round for an undisclosed value at a $3 million...

Sellou social commerce

Egypt

Egypt's InfiniLink raises $10 million seed round

Egypt-based semiconductor startup InfiniLink has raised $10 million in a seed funding round from MediaTek, Sukna...

InfiniLink Sukna Ventures

U.A.E

COCA raises strategic investment to scale operations in the UAE

UAE-based non-custodial payments app COCA has raised an undisclosed investment from the Stellar Development Foundation (SDF)...

COCA

U.A.E

Valeo Health raises $12 million Series B, bringing total investment to $20 million

UAE-based healthtech Valeo Health has raised $12 million in its Series B funding round, bringing total funding to date to $20...

Valeo Flintera healthtech

Thought Leadership

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

Thank you