Wamda

U.A.E

Shorooq invests in AMI Labs as AI startup hits $3.5 billion valuation

UAE-based investment firm Shorooq has participated in the $1.03 billion seed funding round of AMI Labs, the artificial intelligence...

AMI Labs Shorooq

Egypt

Converted acquires Egypt’s Mitcha to expand AI-driven e-commerce ecosystem

US-based AI-powered advertising tech company Converted has acquired Mitcha, an Egyptian e-commerce platform supporting local...

Converted Mitcha

Saudi Arabia

Muhlah closes $7.5 million seed led by BIM Ventures

Saudi Arabia-based fintech Muhlah has raised $7.5 million in a seed round led by BIM Ventures and Japan’s SBI Group,...

Muhlah Fintech BIM Ventures

U.A.E

TruDoc Healthcare raises $15 million from Al Nahyan and Al-Ketbi families

UAE-based healthtech TruDoc Healthcare has raised $15 million in a pre-Series B funding round with participation from the Al Nahyan...

TruDoc healthtech Pulsar Capital

Saudi Arabia

Rimal Semiconductors raises bridge round to scale Saudi chip design

Saudi-based chip design startup Rimal Semiconductors has secured a bridge funding round from Keheilan Asset Management and an...

Rimal Semiconductors Keheilan Asset Management

Qatar

Qatar’s iQtech secures first funding round to scale XR medical training platform

Qatar-based healthtech startup iQtech has closed its first investment round with backing from European assessment technology firm Selexi...

iQtech healthtech

Morocco

Weego raises $1.1 million to strengthen enterprise mobility solutions

Moroccan–Senegalese mobility startup Weego has raised $1.1 million in a funding round led by Azur Innovation Fund to expand...

Weego Azur Innovation Fund

U.A.E

Skipr secures $2 million seed to build AI-to-AI trust layer

UAE-based Skipr has closed a $2 million seed round at a $10 million valuation to scale its sovereign AI infrastructure, expanding from...

Skipr Hub71

U.A.E

Rewa launches in UAE after closing strategic seed round

UAE-based proptech Rewa has officially launched its digital rent payment and rewards app across the country after closing a strategic...

Rewa Proptech Qatar Development Bank

U.A.E

Paquik closes $85K pre-seed to back P2P cross-border shipping

UAE-based crowdshipping startup Paquik has closed an $85,000 pre-seed round from angel investors to scale its cross-border...

Paquik Logistics

U.A.E

Ledgers raises $250K to reduce operational risk for founder-led startups

UAE-based Ledgers has raised $250,000 in an angel round from unnamed angel investors to build an AI operating system that enables...

Ledgers AI

Bahrain

Foras AI raises stake in Beban to support Egypt market entry

Bahrain-based equity crowdfunding platform Beban is preparing to launch operations in Egypt, supported by an increased investment from...

Foras Beban

Saudi Arabia

Riyadh Valley Company launches KSU venture fund with SparkLabs

Press release: Riyadh Valley Company Launches King Saud University Venture Fund in Partnership with SparkLabs Riyadh Valley...

Riyadh Valley Company King Saud University SparkLabs

Iraq

MoneyHash expands into Iraq with Wayl alliance

US-based Egyptian fintech MoneyHash has partnered with Iraqi fintech Wayl to support its expansion into Iraq. Through the...

MoneyHash Wayl Fintech

U.A.E

$100M Presight–Shorooq AI Fund backs five frontier AI companies in first quarter

The Presight–Shorooq Fund I, a $100 million global AI fund launched in September 2025, has deployed capital into five AI startups...

Shorooq Presight-Shorooq Fund I

U.A.E

Immensa secures DFDF backing to expand digital supply chain platform

KSA-headquartered deeptech company Immensa has secured investment from Dubai Future District Fund (DFDF), alongside Global Ventures...

immensa DFDF

Egypt

Beltone Holding launches growth-stage private equity platform

Egypt-based Beltone Holding has launched its Private Equity platform, expanding its multi-stage investment strategy alongside Beltone...

Beltone Holding

U.A.E

UAE’s Takeem secures backing from Second Century Ventures through REACH Middle East

UAE-based proptech Takeem has secured investment from REACH Middle East, an accelerator backed by Second Century Ventures, the...

Second Century Ventures Takeem Proptech

Morocco

WafR secures $4 million seed to expand last-mile financial services in Morocco

Morocco-based fintech WafR has closed $4 million in an oversubscribed seed round, co-led by LoftyInc Capital, Attijariwafa...

WafR Fintech LoftyInc Capital

Saudi Arabia

HUMAIN takes significant minority stake in xAI through $3 billion Series E

Saudi Arabia’s HUMAIN has invested $3 billion in xAI’s Series E round, shortly before the artificial intelligence...

xAI Humain

Morocco

Moroccan regtech Charikaty raises $150K on national investment show

Morocco-based regtech startup Charikaty has raised $150,000 (MAD 1.5 million) during Season 3 of “Qui Veut Investir Dans Mon...

Charikaty regtech

Egypt

Dawar acquires stake in BekyaPay to digitize Egypt’s recycling “first mile”

Egypt-based circular economy platform Dawar has acquired a strategic stake in consumer recycling app BekyaPay, extending its digital...

Dawar BekyaPay

U.A.E

Origen attracts $50 million strategic investment from Bluefive Capital

UAE-based AI tech company Origen has raised a $50 million strategic investment from Bluefive Capital to accelerate the deployment of...

Origen BlueFive Capital

Egypt

IFC commits $150 million to boost Egypt’s green finance sector

The International Finance Corporation (IFC) has announced five new projects in Egypt aimed at supporting climate finance, healthcare,...

ifc

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