Wamda

U.A.E

qeen.ai closes $2.2 million pre-Seed led by Wamda Capital

UAE-based AI startup qeen.ai has secured a $2.2 million pre-Seed funding round, led by Wamda Capital, with participation from...

qeen.ai Wamda Capital AI

Saudi Arabia

SiFi closes $10 million Seed led by Sanabil Investments, RAED Ventures

Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has closed a $10 million Seed round. The round was led by...

SiFi Simplified Financial Solutions Company Raed Ventures

Regional

MENA startups raise $282 million in May 2024, recording 413% MoM growth

The investment value in the Middle East and North Africa (MENA) region experienced a substantial surge in May 2024. A total of 40 MENA...

Investment Infograhpic

U.A.E

Growdash closes Seed round at $1.8 million

UAE-based martech startup Growdash has raised $1.8 million in a Seed round, led by Oryx Fund and Oraseya Capital. Founded in 2022 by...

Growdash Oryx Fund

Saudi Arabia

Rethink Education invests in Saudi edtech Aanaab

Saudi Arabia-based edtech Aanaab has raised an investment from US-based edtech VC Rethink Education. The value remains...

Rethink Education Aanaab

Saudi Arabia

Saudi agritech iyris secures $16 million Series A round

Saudi Arabia-based agritech iyris has closed a $16 million Series A funding round, led by Ecosystem Integrity Fund (EIF) and supported...

iyris agritech EIF

Morocco

Morocco’s YoLa Fresh closes $7 million pre-Series A round

Morocco-based agritech YoLa Fresh has secured a $7 million pre-Series A funding round, led by Al Mada Ventures with participation from...

YoLa Fresh agritech Algebra Ventures

Saudi Arabia

Kingdom Holding participates in Musk’s xAI $6 billion Series B round

Saudi Arabia’s Kingdom Holding, owned by Saudi billionaire Prince Alwaleed bin Talal, has taken part in the $6 billion Series B...

Kingdom Holding xAI Elon Musk

U.A.E

GrubTech raises $15 million Series B led by Jahez

UAE-based foodtech startup GrubTech has raised $15 million as part of its Series B round and extension of Series A, led by Jahez and...

GrubTech Jahez

Saudi Arabia

TVM Capital Healthcare launches $250 million Saudi-focused Afiyah Fund

UAE-based healthcare private equity firm “TVM Capital Healthcare” has closed a $250 million Afiyah Fund LP, led by JADA,...

TVM Capital Healthcare Afiyah Fund Healthcare

U.A.E

Holo raises new funding round, eyeing KSA expansion

UAE-based proptech Holo has raised an undisclosed pre-Series A funding round, led by DFDF and Oryx Fund, along with Aditum Investment...

Holo Proptech

Regional

Shorooq Partners launches second private credit fund with initial close of $100 million

UAE-based alternative investment manager Shorooq Partners has announced the first close of its $100 million second private credit fund,...

Shorooq Partners IMM Investment Global

Saudi Arabia

BIM Ventures, SBI Holdings to launch $100 million fund to back Saudi startups

Saudi Arabia-based VC studio BIM Ventures has partnered with Japan’s SBI Holdings to launch a $100 million joint investment...

BIM Ventures MISA SBI Holdings

U.A.E

UAE's Huspy obtains fresh investment to develop a SuperApp

UAE-based proptech Huspy has raised a fresh investment round led by Balderton Capital, with further participation from existing investor...

huspy Proptech

Egypt

OneOrder raises $16 million Series A to propel GCC expansion plans

Egypt-based logistics startup OneOrder has raised $16 million in a Series A round in a mix of equity and debt, led by Delivery Hero...

OneOrder Delivery Hero Ventures

Egypt

Birdnest secures pre-Series A round for 20% stake

Egypt-based proptech Birdnest has closed an undisclosed pre-Series A funding round for a 20% stake in the company, led by notable...

Birdnest Beltone Venture Capital Proptech

U.A.E

Plain Tiger secures investment from AngelSpark

UAE-based B2B marketplace Plain Tiger has raised an investment from UAE’s VC firm AngelSpark for an undisclosed amount. Founded...

Plain Tiger AngelSpark

Egypt

Cash, Microfinanza launch $2.4 million project to support Egyptian entrepreneurs

Egypt-based Cash for Microfinance, a subsidiary of Beltone Holding, has partnered with Microfinanza Italia to launch a $2.4 million...

cash Beltone Microfinanza

Saudi Arabia

Riyad Capital launches 1957 Ventures fund to drive Saudi fintech innovation

Riyad Capital, backed by Riyad Bank, has launched the “1957 Ventures" investment fund to drive transformative growth in Saudi...

Riyad Capital 1957 Ventures

Saudi Arabia

Merit closes $12 million pre-Series B round

Saudi Arabia-based SaaS provider Merit has raised $12 million in its pre-Series B funding round, led by Alistithmar Capital i-Cap and...

Merit

Saudi Arabia

MDD closes Series A round for 5% stake

Saudi Arabia-based logistics startup MDD has closed its Series A round for a 5% stake with a valuation of $26 million (SAR100...

MDD Logistics

U.A.E

Keyper secures $34 million in mix of equity, Sukuk

UAE-based proptech Keyper has raised $4 million in equity in a pre-Series A round, led by BECO Capital and Middle East Venture Partners...

Keyper BECO Capital Proptech

U.A.E

Revent raises $900,000 pre-Seed to bolster KSA expansion plans

UAE-based electronics marketplace Revent has raised $900,000 in a pre-Seed round, provided by Techstars and a group of angel...

Revent techstars

U.A.E

Airwater Co. secures investment from Tau Capital

UAE-based cleantech Airwater Co. has raised investment from Abu Dhabi-based venture capital firm Tau Capital, for an undisclosed...

Airwater Co. Tau Capital

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