Wamda

Egypt

Nowlun raises additional $600,000 to close $2.3 million seed round

Egypt-based logistics startup Nowlun has raised $600,000 in a seed round extension led by Ingressive Capital, bringing total...

Logistics Nowlun Ingressive Capital

U.A.E

SaturnX closes $3 million seed to expand Gulf–South Asia payment corridor

UAE-based infrastructure provider SaturnX has raised $3 million in seed funding, led by White Star Capital with participation from...

SaturnX White Star Capital

Saudi Arabia

Darwinz AI closes $325,000 seed round to fuel regional growth

Saudi Arabia-based Darwinz AI (TheDar.AI) has raised $325,000 in a seed funding round, led by Flat6Labs KSA and Glint...

Darwinz AI Flat6Labs Glint Ventures

Lebanon

XFOLIO closes $2 million seed backed by MEVP

French-Lebanese fintech XFOLIO has raised $2 million in Seed funding from Middle East Venture Partners (MEVP). Founded by Anis Rahal...

XFOLIO Fintech MEVP

U.A.E

eVoost AI secures seed funding from Qora71

eVoost AI, an Abu Dhabi-based proptech founded in 2024 by Cristian Pastrana, raised seed funding from Qora71, marking the...

eVoost AI Qora71

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

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

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

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

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

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

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

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

enza secures $6.75 million seed to further expand in Africa

UAE-based fintech enza has secured a $6.75 million seed equity round, co-led by Algebra Ventures and Quona Capital. Founded in 2023 by...

enzo Algebra Ventures Quona Capital

U.A.E

ClearGrid emerges from stealth after closing $10 million dual round

UAE-based fintech ClearGrid has emerged from stealth after raising $10 million in a dual round, pre-seed and...

ClearGrid Fintech Wamda Capital

U.A.E

KBW Ventures leads PlaysOut's $7 million Seed round

UAE-based gametech PlaysOut has raised $7 million in a seed funding round at a $70 million valuation from investors,...

PlaysOut KBW Ventures gametech

Saudi Arabia

Saudi fashion marketplace Aya raises $1.6 million seed

Saudi Arabia-based e-commerce platform Aya has closed a $1.6 million seed funding round, led by Khwarizmi Ventures, with participation...

Aya Fashion E-commerce

U.A.E

omnispay Secures $1.5 million seed led by Mercatus Capital

omnispay, a UAE-based fintech, has raised $1.5 million in a seed funding round led by Mercatus Capital Pte. Ltd., with participation...

omnispay Fintech Mercatus Capital

Egypt

Egypt’s Qme closes $3 million seed round led by AHOY

Egypt-based B2B SaaS startup Qme has raised $3 million in a seed funding round led by AHOY, along with a group of angel investors from...

Qme AHOY SAAS

U.A.E

Wamda Capital participates in qeen.ai’s $10 million Seed round

UAE-based AI startup qeen.ai has secured a $10 million Seed funding round, in one of the largest seed investments in the MENA region to...

AI qeen.ai Wamda Capital

Saudi Arabia

Saudi agritech Arable closes $2.55 million Seed round

Saudi Arabia-based agritech Arable has closed a $2.55 million Seed funding round, led by undisclosed investors. Founded in 2024 by...

Arable agritech

Saudi Arabia

Halo AI closes $6 million Seed led by Raed Ventures, Shorooq

Saudi Arabia-based AI-powered networking platform Halo AI closed a $6 million Seed funding round, led by Raed Ventures and Shorooq,...

Halo AI Raed Ventures Shorooq

Thought Leadership

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

Thank you