Wamda

Saudi Arabia

Orbii closes $3.6 million seed to unlock $1 billion in SME financing by 2026

Saudi Arabia-based Orbii has raised $3.6 million in a seed round led by Prosus Ventures, with participation from VentureSouq, DASH...

Orbii Prosus Ventures VentureSouq

Saudi Arabia

Saudi contech Fitting raises $500,000 pre-seed

Fitting, a Saudi Arabia-based contech startup, has raised $500,000 in a pre-seed round led by an...

Fitting contech

U.A.E

General Catalyst finances PRYPCO's pre-Series A round

UAE-bssed proptech platform PRYPCO has closed a pre-Series A round for an undisclosed value led by General Catalyst. Founded in...

Prypco General Catalyst

U.A.E

Property Finder sells minority stake to Permira and Blackstone for $525 million

UAE-based real estate classifieds platform Property Finder has raised $525 million via a minority stake sale to Permira and...

Property finder Permira Blackstone

U.A.E

Metric raises funding to accelerate AI-driven financial solutions for SMEs

UAE-based AI fintech Metric has secured investment from A-typical Ventures, with participation from 500 Global, Hub71, i2i...

Metric A-typical Ventures 500 Global

U.A.E

VentureSouq closes second fintech fund backed by major regional LPs

VentureSouq, a UAE-based VC firm, has closed its second fintech Fund (FinTech Fund II), backed by sovereign and institutional LPs,...

VentureSouq SVC Jada Fund of Funds

Regional

MoneyHash unites with noon payments to streamline GCC payment infrastructure

Press release: MoneyHash, the Middle East and Africa’s leading payment orchestration platform, has partnered with noon payments, a...

MoneyHash noon payments

U.A.E

TERN Group closes $24 million Series A to accelerate Europe expansion

TERN Group, a UK- and UAE-based AI-powered global healthcare talent mobility platform, has raised a $24 million Series A,...

TERN Group Notion Capital HRtech

Jordan

21Doctors secures pre-seed round to build AI-powered medical infrastructure

Jordan-founded and Saudi Arabia-headquartered healthtech 21Doctors has raised a pre-seed funding round from angel investors...

21Doctors healthtech

Jordan

Jordan's DawaDose closes pre-seed round, launches Saudi HQ

Jordan-founded pharmaceutical e-commerce platform DawaDose has raised a pre-seed funding round from angel investors for an undisclosed...

DawaDose healthtech

Tunisia

216 Capital, Plug and Play launch new accelerator to empower local startups

Tunisian VC firm 216 Capital has partnered with Plug and Play, Silicon Valley’s global innovation platform, to...

216 Capital Plug and Play Capital Venture Accelerator

U.A.E

CredibleX secures $100 million facility from Pollen Street

UAE-based fintech CredibleX has secured a $100 million senior secured credit facility from Pollen Street Capital. Founded in...

CredibleX Pollen Street

Regional

AI goes mainstream as MENA SMEs join the race

An article by Ahmed Mahmoud, CEO, DXwand Artificial intelligence was once the preserve of large enterprises with deep pockets and...

smes AI Artificial intelligence

Saudi Arabia

HALA raises $157 million in landmark Series B round

Saudi Arabia-based fintech HALA has raised $157 million in a Series B round. The funding round is led by The Rise Fund,...

HALA Payments Hala Fintech

Saudi Arabia

Zahib secures seed round to modernise Saudi laundry market

Saudi Arabia-based startup Zahib has closed a seed funding round for an undisclosed value from an unnamed angel...

Zahib

Saudi Arabia

Tamara secures record $2.4 billion facility backed by Goldman Sachs

Tamara, Saudi Arabia’s first homegrown fintech unicorn, has secured an asset-backed facility of up to $2.4 billion from Goldman...

Tamara BNPL Fintech

Bahrain

Fintologya arises $1 million seed to power GCC payment infrastructure

Bahrain-based fintech infrastructure startup Fintologya has raised $1 million in a seed round led by a Gulf holding company to build...

Fintologya Fintech

Oman

Rihal secures $7.5 million first close in $15 million Series A

Oman-based enterprise SaaS provider Rihal has closed the first tranche of its $15 million Series A round, raising $7.5...

Rihal SAAS

Egypt

Egypt's Farid expands to Saudi Arabia

Egyptian edtech Farid has expanded to Saudi Arabia, opening a central operations office in Riyadh. The move comes ahead of a...

Farid EdTech

U.A.E

Amaani secures $3 million seed to launch Arab beauty brand AÏZA

UAE-based beauty and wellness platform Amaani has raised $3 million in seed funding for its debut Arab beauty brand, AÏZA. The...

AÏZA Amaani

Morocco

Jobzyn raises undisclosed round to expand AI recruitment tech across Africa

Morocco-based HRtech Jobzyn has raised an undisclosed investment from Janngo Capital, a gender-lens tech investor, to accelerate its...

Jobzyn Janngo Capital

Egypt

Duaya acquires EXMGO in six-figure deal, relaunches as Duaya Go

Egypt-based healthtech Duaya has acquired EXMGO, an Egyptian SaaS provider for pharmacies and medical businesses, in a six-figure...

Duaya EXMGO

Saudi Arabia

Saudi fintech Spare closes $5 million pre-Series A

Saudi Arabia-based fintech Spare has raised $5 million in pre-Series A led by anb Seed Fund, with participation from 500 MENA,...

spare anb Seed Fund 500 MENA

Saudi Arabia

Oumla secures $2.4 milliom to build digital asset infrastructure in KSA

Saudi Arabia-based fintech Oumla has raised a $2.4 million seed round led by Core Vision, with participation from Avalanche and...

Oumla Fintech Core Vision

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