Wamda

Saudi Arabia

DOO lands $1.7 million funding to deepen AI adoption

Saudi Arabia-headquartered DOO, an AI-powered customer experience platform, has raised $1.7 million in funding led by Merak...

DOO Merak Capital Plus VC

U.A.E

Careem acquires minority stake in Swapp, doubling down on car rentals

Careem has acquired a minority stake in Swapp, the UAE-based car rental and subscription platform, deepening the partnership that began...

careem Swapp

Egypt

Egypt’s Sabika raises strategic funding from M-Empire Angels

Egypt-based Sabika, a Sharia-compliant digital platform for gold and silver investment, has secured a six-figure USD investment to grow...

Sabika M-Empire Angels

U.A.E

BECO Capital closes $370 million dual-fund raise to back Gulf founders

UAE-based BECO Capital has closed $370 million across two new funds — $120 million BECO Fund IV for early-stage investments...

BECO Capital

U.A.E

Aydi raises $7.5 million seed to launch its AI agronomy assistant

UAE-based agritech platform Aydi has raised $7.5 million in a seed round from COTU Ventures, Daltex, and Nuwa Capital, with...

Aydi agritech COTU Ventures

Saudi Arabia

Sadq secures $1 million pre-Series A extension

Saudi Arabia-based Sadq has closed a $1 million pre-Series A extension led by Impact46. Founded in 2022 by Abdullah Allahuo and...

Sadq Impact46

United States

Epic Padel secures $10 million to launch to back global padel ventures

Epic Padel, a US-based padel operator and investor, closed an oversubscribed $10 million seed round led by NowaisWorld and Stryde...

Epic Padel

Regional

PayPal commits $100 million to boost digital commerce growth in MENA, Africa

US-based PayPal will deploy $100 million across the Middle East and Africa through minority investments, acquisitions, PayPal...

PayPal

U.A.E

Presight, Shorooq launch $100 million global fund to accelerate AI innovation

Abu Dhabi’s Presight and Shorooq have launched Presight–Shorooq Fund I, a $100 million global AI innovation fund...

Presight Shorooq

Qatar

ANAVA commits $4 million to Rasmal Ventures to link Tunisian startups with MENA VC

Tunisia’s ANAVA Fund of Funds has committed $4 million to Qatar’s Rasmal Innovation Fund I to channel more global...

Rasmal Ventures Anava

Saudi Arabia

Saudi fintech erad raises $33 million debt round led by Stride Ventures

Saudi Arabia-based fintech erad has secured $33 million in debt financing, led by India’s Stride Ventures, marking its first major...

erad Stride Ventures

Saudi Arabia

Merak Capital invests $1.2 million in Saudi fintech Bynow

Bynow, a Saudi B2B fintech startup, has raised $1.2 million from Merak Capital to accelerate product development and expand...

Merak Capital Bynow BNPL

Saudi Arabia

Saudi fintech Bwatech nabs $16 million funding

Saudi Arabia-based fintech Bwatech raised $16 million in a funding round led by Sharaka Financial to accelerate growth and expand...

Bwatech Sharaka Financial Fintech

Saudi Arabia

Saudi P2P lending platform MoneyMoon closes $2.9 million pre-Series A

Saudi Arabia-based fintech MoneyMoon has raised $2.9 million in pre-Series A, led by Core Vision, joined by family offices and...

MoneyMoon Core Vision Fintech

Saudi Arabia

Sindbad Tech raises $4.8 million seed round led by Alkhabeer Capital

Saudi Arabia-based Sindbad Tech has raised $4.8 million in seed funding led by Alkhabeer Capital during Money20/20 Middle...

Sindbad Tech Fintech

U.A.E

Alinma Bank invests in Qashio to develop corporate spend management solutions

Alinma Bank has announced a strategic investment and partnership with Qashio, a UAE-based fintech, adding it to Alinma’s fintech...

Qashio Alinma Bank Fintech

Saudi Arabia

Wadaie closes seed round led by VentureSouq

Saudi Arabia-based Wadaie has raised a seed round led by VentureSouq, joined by Graphene Ventures, RZM Investments, Arab National Bank,...

Wadaie Fintech VentureSouq

Saudi Arabia

Lendo partners with Jadwa Investment on $50 million financing to boost SME lending

Saudi fintech Lendo has signed a $50 million Murabaha facility with Jadwa GCC Private Credit Fund, managed by Jadwa Investment, to...

Lendo Jadwa Investment

Saudi Arabia

Value Makers Studio invests in Ballurh and Arab Therapy to back Saudi innovation

Saudi Arabia's Value Makers Studio (VMS) has joined the current investment rounds for Ballurh and Arab Therapy as part of its VMS...

VMS Value Makers Studio Ballurh

U.A.E

Armoir closes $500,000 seed to disrupt premium luggage market

UAE-based Armoir, a luxury luggage startup inspired by French wardrobe trunks, has raised $500,000 in seed funding led by Salica...

Armoir Plus VC

Global

Wamda Capital backs Clarity’s $12 million round

Wamda Capital has participated in the $12 million funding round for Clarity, an AI-powered customer experience and voice-of-customer...

Clarity Anecdote Wamda Capital

Morocco

Nucleon Security raises $3.5 million to scale AI-driven cybersecurity solutions

Morocco- and France-based cybersecurity startup Nucleon Security has raised $3.5 million, led by NewFund Capital and joined by...

Nucleon Security NewFund Capital 212Founders

Saudi Arabia

LDUN secures $4.8 million to expand factoring solutions for SMEs

Saudi Arabia-based fintech LDUN has raised a $4.8 million seed round led by Sadu Capital, with participation from Suhail Ventures...

LDUN Sadu Capital

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

Thought Leadership

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