Wamda

Saudi Arabia

Calo expands into UK by acquiring two local companies

Saudi Arabia-headquartered foodtech Calo has expanded into the UK by acquiring Fresh Fitness Food and Detox...

Global

Meta AI App goes live in MENA

Press release: US social media conglomerate Meta has announced the rollout of the Meta AI app, a dedicated place to keep track and...

Meta AI AI

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

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

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)

Egypt

RiseUp 2025 to gather MENA’s startup ecosystem under the theme “Tell Your Story”

RiseUp has announced the launch of its 12th annual RiseUp Summit, set to take place from May 8 to 10, 2025, at the Grand Egyptian Museum...

RiseUp 2025

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

Fuze closes $12.2 million Series A to power digital asset infrastructure

UAE-based fintech Fuze has raised $12.2 million in a Series A funding round led by Galaxy and e& capital, with participation from...

Fuze Fintech e& capital

Saudi Arabia

Tuba launches in Saudi Arabia with $8 million investment

Saudi Arabia-based healthtech Tuba has raised $8 million in a pre-seed round led by Al-Waalan Investment with participation from...

Tuba healthtech

Oman

Oman’s Darrbak secures pre-seed funding from Future Fund

Oman-based B2B traveltech Darrbak has closed an undisclosed pre-seed funding round led by the Future Fund under the Oman Investment...

Darrbak traveltech Future Fund

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

Regional

MENA startups raised $228 million in April 2025, marking a 105% MoM surge

The Middle East and North Africa (MENA) startup ecosystem saw a substantial surge in investment in April 2025, securing $228.4 million...

Investment investments

Egypt

Money Fellows secures $13 million to expand digital saving offerings across Africa

Egypt-based fintech Money Fellows has raised $13 million in a strategic funding round co-led by Al Mada Ventures and DPI Venture Capital...

Money Fellows Fintech Al Mada Ventures

U.A.E

HRA Experience raises $40 million to launch Web3-powered global travel ecosystem

Abu Dhabi-based Web3 travel and payment platform HRA Experience has raised $40 million in a private investment round ahead of its...

HRA Experience

U.A.E

Foras acquires 10% stake in Canater in a $1 million deal

UAE-based logistics and supply chain startup Canater has raised $1 million in investment from Foras for 10% equity. Founded in...

Foras Canater Logistics

Saudi Arabia

Nama Ventures secures CMA license to operate as fully regulated VC in Saudi Arabia

Saudi Arabia-based Nama Ventures Capital Co. has received regulatory approval from the Capital Market Authority (CMA) to commence...

Nama Ventures

Jordan

Jordan's Sira expands to UAE to build inclusive, trust-based networks across MENA

Jordan-based professional community platform Sira has expanded to the United Arab Emirates as part of its mission to foster authentic,...

Sira

Qatar

Alchemist Doha, Startup Grind Qatar unite to strengthen local startup ecosystem

Press release: Alchemist Doha, a sector-agnostic equity fund for distinctive tech entrepreneurs in emerging markets, is proud to an...

Startup Grind Qatar Alchemist Doha

Pakistan

Pakistan’s MedIQ secures $6 million Series A to scale Saudi operations

Pakistan-based healthtech MedIQ has raised $6 million in a Series A round led by Rasmal Ventures and Joa Capital, with participation...

MedIQ healthtech Joa Capital

Egypt

Egypt’s iSUPPLY lands $3 million Sharia-compliant investment

Egypt-based B2B medtech iSUPPLY has secured $3 million in Sharia-compliant revenue-based revolving financing from Bokra. Founded in...

iSUPPLY Bokra healthtech

Tunisia

Attijariwafa Ventures backs Tunisian fintech Konnect in multi-investor round

Tunisia-based fintech company Konnect Networks has secured an undisclosed investment round from Attijariwafa Ventures as part of a wider...

Konnect Attijariwafa Ventures

Egypt

Career 180 launches Saudi operations backed by VMS partnership, fresh funding

Egypt-based edtech platform Career 180 has secured a six-figure investment from US-based Den VC and announced its expansion into Saudi...

Career 180 VMS

U.A.E

CPX Holding acquires spiderSilk to drive global cybersecurity expansion

UAE-based CPX Holding has acquired spiderSilk, a UAE-based cyber-AI startup, including its leading platform for managing exposure,...

CPX Holding spiderSilk cybersecurity

Regional

The Zayed Sustainability Prize is now accepting submissions for 2026

The Zayed Sustainability Prize, a global award that recognises impactful solutions, is now accepting applications for the 2026...

Zayed Sustainability Prize

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