Wamda

Saudi Arabia

Flat6Labs backs Juthor in $500K pre-seed round

Saudi Arabia-based e-commerce startup Juthor has raised $500,000 in a pre-seed funding round led by Flat6Labs, with...

U.A.E

Mantas exits stealth with $1.77 million to cover cloud outages

UAE-based insurtech Mantas has emerged from stealth, announcing a $1.77 million Seed funding round to launch parametric insurance...

Mantas Insurtech Plus VC

Egypt

Egypt’s NowPay enters Saudi market with $20 million-backed Tas’heel partnership

Egypt-based fintech NowPay is launching in Saudi Arabia through NowAccess, a joint venture with United International...

NowPay Fintech

U.A.E

AppliedAI raises pre-Series B to scale enterprise AI platform

UAE-based AppliedAI has closed a pre-series B funding round led by Mubadala’s MENA Venture Capital Fund and Arbor Ventures, for an...

AppliedAI Mubadala Investment Company

U.A.E

Eat App raises $10 million Series B extension to accelerate India expansion

UAE-based foodtech Eat App has raised $10 million in a Series B extension, exceeding its original $6 million Series B raised in...

Eat App PSG Equity

Saudi Arabia

GBT closes $1.3 million pre-seed to expand smart city technologies in KSA

Saudi Arabia-based geospatial data company GulfBoost Technology (GBT) has closed a $1.3 million (SAR 5 million) pre-seed round to...

GulfBoost Technology

Morocco

Morocco’s Enakl raises $2.3 million to scale intelligent shared mobility

Morocco-based mobility startup Enakl has closed a $2.3 million Seed round, led by Azur Innovation Fund, Witamax, and MFounders,...

Enakl Azur Innovation Fund WitaMax

U.A.E

OpenCX raises $7 million ahead of Saudi expansion

UAE-based customer communication platform OpenCX has raised $7 million in a funding round led by Y Combinator (participating for the...

OpenCX Y Combinator Shorooq

U.A.E

CE-Ventures joins $55 million Series A round in US biotech Think Bioscience

UAE-based CE‑Ventures, the VC arm of Crescent Enterprises, has participated in a $55 million Series A funding round for US-based biotech ...

Think Bioscience CE-Ventures

United States

Wamda Capital leads Breez AI in $1.3 million pre-seed round

US-Jordanian no-code voice orchestration platform Breez AI has raised $1.3 million in a pre-seed round to scale its voice automation...

Breez AI Wamda Capital

Saudi Arabia

Saudi agritech Grove secures $5 million seed funding led by Outliers VC

Saudi Arabia-based agritech startup Grove has closed a $5 million Seed round led by Outliers VC, with participation from angel...

Outliers VC Grove

Egypt

KNOT Technologies raises $1 million pre-seed led by A15

Egypt- and UK-based online ticketing platform KNOT Technologies has raised $1 million in a pre-seed round led by A15. Founded in...

KNOT Technologies A15

Regional

Record year for MENA startups as funding climbs to $7.5 billion in 2025

Startup investment across the Middle East and North Africa (MENA) reached a new high in 2025, marking the strongest funding performance the...

Investment investments Wamda Annual Investment Report

Saudi Arabia

Resquad AI secures $1.5 million Seed to scale AI-powered technical recruitment

Saudi Arabia-based talent management SaaS provider Resquad AI has raised $1.5 million in a Seed round led by SRG, with participation...

Resquad AI SRG

Saudi Arabia

Jadwa Investment launches $200 million GCC private credit fund

Saudi Arabia-based investment firm Jadwa Investment has launched the Jadwa GCC Diversified Private Credit Fund with a target size of up...

Jadwa Investment

U.A.E

Khosouf Studio closes $600,000 Seed from Merak Capital

UAE-based game-developing studio Khosouf Studio has raised a $600,000 seed round from Merak Capital. Founded in 2020 by...

Merak Capital Khosouf Studio

Saudi Arabia

Governata raises $4 million Seed to support enterprise AI adoption

Saudi Arabia-based enterprise data governance and management startup Governata has raised $4 million in seed funding to scale its...

Governata

U.A.E

UAE's Islamic digital bank Mal raises $230 million

UAE-based fintech Mal has raised $230 million in a strategic investment round led by BlueFive Capital, with participation from...

BlueFive Capital Mal Fintech

Saudi Arabia

Madeed closes $400,000 to build data-driven preventive healthcare in Saudi Arabia

Saudi Arabia-based healthtech Madeed has raised $400,000 in a pre-seed round led by Vision Ventures, with participation from Saudi angel...

Madeed healthtech Vision ventures

Bahrain

Flooss secures $22 million Shorooq-backed credit facility

Flooss, a Bahrain-based Sharia-compliant fintech, has secured a $22 million credit facility structured by Shorooq, marking...

Flooss

Saudi Arabia

NEOM selects five Saudi studios for latest Level Up gaming accelerator

NEOM has selected five Saudi game studios for funding under its flagship Level Up, marking the programme’s largest cycle to date...

NEOM Level Up

Oman

eMushrif secures $7.5 million to accelerate regional expansion plans

Oman-based IoT school management solution eMushrif has raised $7.5 million in a funding round led by Jasoor Ventures, with participation...

eMushrif Phaze Ventures Jasoor Ventures

Regional

MENA startup funding ends 2025 at $171.5 million in December

Startup investment across the Middle East and North Africa (MENA) softened in December 2025, with 44 startups raising $171.5 million,...

Investment investments

Syria

Syrian classifieds platform Doushesh closes pre-seed round

Syrian digital classifieds platform Doushesh has closed a pre-seed funding round, marking progress for the country’s nascent...

Doushesh

Thought Leadership

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