Wamda

Iraq

Toolmart secures seed funding to accelerate expansion plans

Iraq-based B2B e-commerce startup Toolmart has secured a seed funding round for an unknown amount, led by Plus VC and Oasis500,...

Toolmart Plus VC

U.A.E

Gainz closes pre-seed round to expand SME lending solutions

UAE-based fintech Gainz has closed a 7-figure USD pre-seed round, structured as a mix of equity and debt The round was led by Antler...

Gainz Antler Fintech

Global

viAct raises $7.3 million to accelerate MENA expansion

viAct, a Hong Kong-based AI company, has raised $7.3 million in a Series A round led by Ireland’s VentureWave Capital, with...

viAct

U.A.E

SC Ventures partners with DIFC Innovation Hub to launch National Venture Studio

SC Ventures, the innovation and venture arm of Standard Chartered, has partnered with DIFC Innovation Hub to launch the National Venture...

DIFC SC Ventures

Regional

Google launches second ‘AI First’ accelerator for MENA, Turkiye startups

Google has launched the second edition of its “Google for Startups Accelerator: AI First” programme for the Middle East,...

Google AI First accelerator

Iraq

EQIQ doubles fund to $30 million to accelerate Iraq’s digital economy

Abu Dhabi-based EQIQ, a venture capital fund and venture builder focused on Iraq, is doubling its fund size from $15 million to $30...

EQIQ Ventures

U.A.E

Wamda Capital joins Tarjama's $15 million Series A

UAE-based tech startup Tarjama has closed a $15 million a Series A funding round, led by Global Ventures, with...

Tarjama Pronoia Wamda Capital

Saudi Arabia

Saudi e-commerce app Ziadah closes Seed round

Saudi-based e-commerce app Ziadah has closed a seed funding round from an undisclosed angel investor. Founded in 2024 by Ali Aldahnin...

Ziadah E-commerce

Saudi Arabia

Saudi spacetech SARsatX raises $2.6 million Seed

Saudi Arabia-based spacetech SARsatX has raised $2.6 million in a Seed round, led by TONOMUS, with participation from Wa’ed...

SARsatX spacetech Wa’ed Ventures

Kuwait

Kuwait's Circle closes $6 million Series A, targeting regional expansion

Kuwait-based q-commerce startup Circle has raised $6 million in Series A funding from unnamed investors, marking a major step toward its...

Circle q-commerce

Egypt

ElGameya secures fresh capital to expand inclusive savings tools

Egypt-based fintech ElGameya has raised a 7-figure USD investment round led by AYADY for Investment and Development. Other participants...

elGameya AYADY Fintech

Egypt

Sylndr closes $15.7 million Series A to drive automotive innovation in Egypt

Cairo-based used-car platform Sylndr has raised $15.7 million in a Series A equity round, led by DPI Venture Capital via the Nclude...

Sylndr DPI Nclude

Egypt

MaxAB-Wasoko acquires Fatura as EFG Finance joins board

EFG Finance, part of EFG Holding, has approved the acquisition of its B2B platform Fatura by MaxAB-Wasoko, a regional retail and...

EFG Finance MaxAB-Wasoko Fatura

U.A.E

VUZ secures $12 million from IFC to fuel global immersive media expansion

Saudi Arabia-based immersive media platform VUZ has secured $12 million in a pre-Series C funding round, with the International Finance...

VUZ ifc

Egypt

Egypt’s Thndr raises $15.7 million to expand digital investment offerings

Thndr, the Cairo-based investment platform, announced a $15.7 million funding round led by Prosus, with support from Y Combinator, BECO...

Thndr Fintech stock exchange

Saudi Arabia

Wa’ed Ventures co-leads $19 million Investment in Graphiant

Aramco’s Wa’ed Ventures has co-led a $19 million Series B extension in US-based Graphiant, alongside stc Group’s Tali...

Graphiant NaaS

Saudi Arabia

Aramco-backed Prosperity7 joins TensorWave's $100 million round

US-based AI infrastructure startup TensorWave has raised $100 million in a funding round led by Magnetar and AMD Ventures, bringing its...

TensorWave Prosperity7 Aramco

Saudi Arabia

Google joins forces with STV to boost AI innovation across MENA

Saudi-based venture capital firm STV has announced that Google is backing its newly launched AI Fund, a dedicated vehicle aimed at...

Google STV AI

Saudi Arabia

WakeCap closes $28 million investment to expand AI-driven construction solutions

Saudi Arabia-based contech WakeCap has secured $28 million in new funding at the Saudi-US Investment Forum to expand its services and...

WakeCap contech

Saudi Arabia

Wyld VC launches $50 million AI-native fund

Wyld VC, a Saudi-based early-stage venture capital firm, has launched its inaugural $50 million fund, marking the first AI-native VC...

Wyld VC AI

Saudi Arabia

Saudi Arabia unveils groundbreaking AI venture, Humain, prior to Trump’s Visit

Saudi Arabia has launched Humain, a state-backed AI company under the Public Investment Fund (PIF), signalling a strategic move to become a...

AI Humain

Saudi Arabia

Saudi’s Kilow gets $2.5 million boost to deliver personalised weight management

Saudi Arabia-based healthtech Kilow has raised $2.5 million in seed funding led by Sanabil Venture Studio, in partnership with...

Kilow Sanabil Venture Studio healthtech

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

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