Wamda

Egypt

Jordan’s Abwaab acquires Egyptian edtech Eduact

Jordan-based edtech Abwaab has acquired the Egyptian education technology startup Eduact for an undisclosed amount, expanding its...

abwaab Eduact EdTech

Palestine

Ibtikar Fund invests in AI retention startup Churn Solution

Ibtikar Fund has made a Seed investment in Palestine-based Churn Solution, an AI-powered customer retention platform for...

Churn Solution Ibtikar Fund

Saudi Arabia

Saudi Remedium secures $1.5 million to expand sustainability accounting

Saudi Arabia-based climatetech startup Remedium has raised $1.5 million in a pre-Seed round led by Kaltaire Investments. Founded in...

Remedium Climatetech Kaltaire Investments

Syria

Arada partners with Syrian Sovereign Fund on $7 billion joint venture project

UAE-based real estate developer Arada has entered Syria through a joint venture with the state-owned Syrian Sovereign Fund to develop a...

Arada Syrian Sovereign Fund

Saudi Arabia

Arabic.AI secures strategic investment from HUMAIN

Arabic.AI has secured a strategic investment from Saudi Arabia-based HUMAIN, a PIF company, as part of a partnership to expand Arabic...

Humain Arabic AI Tarjama

Saudi Arabia

Aajil Capital secures CMA licence for investment management in Saudi Arabia

Saudi Arabia-based Aajil Capital, a sister firm to industrial financing platform Aajil, has received a Capital Market Authority (CMA)...

Aajil Capital

Saudi Arabia

LEAP 2026 opens in Riyadh for its fifth edition

LEAP 2026 opens in Riyadh on 31 August for its fifth edition, bringing together global technology companies, investors, founders and...

LEAP 26

U.A.E

Oro raises $3 million to scale AI-powered financial execution platform

UAE-based financial AI platform Oro has raised $3 million in a strategic funding round co-led by MH Ventures and Mapleblock Capital,...

M2M Capital Oro MH Ventures

U.A.E

GMNSM raises $2 million for GCC and European expansion

UAE-based martial arts and holistic education company GMNSM has raised $2 million in funding from VEYRA Capital and a private...

GMNSM

U.A.E

Swvl secures $13 million investment led by Sawiris-backed Coefficient

Dubai-headquartered mobility company Swvl has secured a $13 million private investment in public equity (PIPE) led by US investment firm...

Swvl Sawiris Coefficient

U.A.E

UAE’s Stellaria secures $6.8 million to scale geospatial AI platform

UAE-based AI and geospatial intelligence startup Stellaria, formerly known as Farmin, has raised $6.8 million (AED25 million) in a...

Stellaria geospatial

Saudi Arabia

Raff raises $1.7 million to bridge online brands with physical retail

Saudi Arabia-based retailtech startup Raff has raised $1.7 million in a pre-seed round led by Vision Ventures, with participation from...

Raff Vision ventures 500 Global

Qatar

Qatar’s DineNORDER expands into Egypt

Qatar-based restaurant technology startup DineNORDER has expanded into Egypt as part of its wider regional growth strategy. Founded in...

DineNORDER foodtech SAAS

U.A.E

Fasset hits $1 billion valuation after $68 million Series C

UAE-based fintech Fasset has raised $68 million in a Series C round led by Japan’s SBI Group and joined by Speedinvest, valuing...

Fasset SBI Group

Saudi Arabia

Aramco Ventures backs Twin1 AI in $20 million seed round

Saudi Arabia's Aramco Ventures has co-led a $20 million seed round in US enterprise AI startup Twin1 AI, alongside Bessemer Venture...

Twin1 AI Aramco Ventures

U.A.E

XSquare raises pre-Seed round to expand into Saudi Arabia

UAE-based fintech XSquare has raised an undisclosed pre-Seed round. The round saw participation from Raed Ventures, AngelSpark, 500...

XSquare Raed Ventures AngelSpark

Oman

Cyfr Capital backs five Omani startups in new Seed Fund investments

Oman-based venture capital firm Cyfr Capital has completed investments in five Omani startups through its Seed Fund, in collaboration...

Cyfr Capital

Saudi Arabia

AILA raises $3 million pre-Series A to expand personalised learning platform

Saudi Arabia-based edtech company AILA has raised $3 million in a pre-Series A round led by Rua Growth Fund, with participation from Jo...

AILA Rua Growth Fund 500 Global

Global

Voice AI startup HeyBreez raises $2.5 million Seed round

MENA-born enterprise voice AI startup HeyBreez has raised $2.5 million in an oversubscribed Seed round led by Lunara Partners, with...

Lunara Partners HeyBreez

Iraq

Rozenama raises $150,000 pre-Seed to scale e-commerce platform across Iraq

Iraq-based e-commerce startup Rozenama has raised $150,000 in a pre-seed round from Iraqi entrepreneur and Aljasmi Perfumes CEO Mohammed...

Rozenama E-commerce

U.A.E

Tax Star closes $1.75 million Seed round to expand across GCC

UAE-based taxtech startup Tax Star has raised $1.75 million in a Seed round, primarily backed by angel investors. Founded in 2023 by...

Tax Star

Egypt

Exits MENA acquires Avanz Capital Egypt in multi-seven-figure deal

Egypt-based investment advisory platform Exits MENA, alongside Avanz Capital Egypt’s local management, has signed a...

Exits MENA Avanz Capital Egypt

Saudi Arabia

Pinnacle launches VC fund to back Saudi growth companies, secondary deals

Saudi Arabia-based Pinnacle has launched a venture capital fund focused on growth-stage and secondary investments in the Kingdom. The...

Pinnacle Capital

Egypt

Khwarizmi Ventures partially exits Bosta, marking sixth portfolio exit

Saudi VC Khwarizmi Ventures has partially exited its investment in Egyptian logistics startup Bosta, realising a net multiple of nearly...

Bosta Khwarizmi Ventures

Thought Leadership

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

Thank you