Wamda

Saudi Arabia

Saudi fintech AVA targets cashless growth with Plug and Play backing

Saudi Arabia-based fintech AVA has secured an undisclosed strategic investment from Plug and Play Middle East, following its graduation...

A Virtual Advantage AVA Plug and Play

Regional

MENA startup funding slips to $941 million in Q1 2026 amid heightened geopolitical risk

Startup funding in the Middle East and North Africa (MENA) fell to $941 million in the first quarter of 2026, marking a 21.5%...

Investment investments

Saudi Arabia

ElGoat raises $266,000 seed to build skill-based football gaming platform

Saudi Arabia-based sportstech ElGoat has raised $266,000 in a seed round via Trigon, reaching a valuation of $2.66 million. Founded in...

ElGoat Sportstech

Egypt

Egypt’s Lucky secures $23 million Series B to expand in North Africa

Egypt-based fintech Lucky has raised $23 million in a Series B round, combining equity and debt, with participation from Disruptech...

Lucky app Fintech Disruptech Ventures

Saudi Arabia

Backed by Sanabil 500, Maison Safqa secures $620,000 pre-seed

Saudi-based e-commerce platform Maison Safqa has raised $620,000 in a pre-seed round, with participation from 500 Global through the...

Maison Safqa Sanabil MENA 500 Accelerator Fund

Saudi Arabia

Aramco Ventures backs Via Separations in $36 million round

Saudi Arabia's Aramco Ventures participated in a $36 million funding round for the US-based deeptech startup Via Separations,...

Via Separations Aramco Ventures

Morocco

Zsystems brings total funding to $2.7 million with latest Seed round

Morocco-based retail B2B2C marketplace ZSystems has raised $1.65 million in a seed round led by Azur Innovation Management, with...

ZSystems Azur Innovation Management

Regional

MENA startup funding falls to $48.3 million in March 2026

Investment activity across the Middle East and North Africa’s startup ecosystem slowed sharply in March 2026, with just 17 startups...

Investment investments

United States

WHOOP attracts Gulf sovereign funds and global athletes in $575M round

US-based healthtech company WHOOP has raised $575 million in a Series G round at a $10.1 billion valuation, led by Collaborative...

Whoop QIA Mubadala

U.A.E

estaie secures 7-figure pre-seed led by Plus VC

UAE-based proptech estaie has raised a 7-figure pre-seed round led by PlusVC and Orbit Ventures, with participation from Falak Angels...

estaie Plus VC Proptech

U.A.E

Mezza launches in the UAE with fresh seed backing

UAE-based hospitality platform Mezza has raised a seed funding round at an undisclosed value, from prominent angel investors. Founded...

Mezza

Egypt

ITIDA, Plug and Play support 61 Upper Egypt startups, unlock $3.7M in funding

Egypt’s Information Technology Industry Development Agency (ITIDA), in partnership with Plug and Play, has supported 61 startups...

ITIDA Plug and Play

U.A.E

CarniStore attracts $12.2 million strategic investment to scale premium food operations

UAE-based e-commerce platform CarniStore has secured a $12.2 million (AED 45 million) strategic minority investment from Emirates...

CarniStore Emirates Growth Fund (EGF)

U.A.E

Blackstone leads $250 million investment in UAE payments platform ADGT

ADGT, a UAE-based payments and data intelligence platform, has secured a $250 million investment from Blackstone alongside Raya Holding,...

Blackstone ADGT Advanced Digital Gaming Technology

Morocco

GoSwap secures backing from Azur Innovation Fund to expand urban mobility network

Morocco-based electric mobility startup GoSwap has secured seed funding from Azur Innovation Fund to scale its battery-swapping...

GoSwap Azur Innovation Fund mobility

U.A.E

zypl.ai closes $5.5 million bridge round at $80 million valuation

UAE-based credit scoring platform zypl.ai has raised $5.5 million in a bridge round led by Carbide Ventures and investors including...

zypl.ai Carbide Ventures

Saudi Arabia

Saudi edtech GAGA secures $2.5 million in pre-Series A round

Saudi-based edtech startup GAGA has raised $2.5 million in a pre-Series A round led by Phoenix Venture Partners, bringing its total...

GAGA EdTech Phoenix Venture Partners

U.A.E

Phoenix Venture Partners reaches third close of debut fund

UAE-based VC firm Phoenix Venture Partners (PVP) has completed the third closing of its inaugural fund (PVPIF), attracting...

Phoenix Venture Partners

Egypt

People of Data summit maps Egypt’s AI roadmap for startups and investors

Cairo hosted the “People of Data – Sharks Edition” summit, bringing together tech leaders, AI experts, and investors...

People of Data Shark Tank

Syria

Syrian proptech Miftah raises pre-seed round

Syria-based proptech Miftah has raised a pre-seed round for an undisclosed value, ahead of its market launch, aiming to build...

Miftah Proptech

Saudi Arabia

Wa’ed Ventures invests in Resemble AI to combat AI-generated fraud

Wa’ed Ventures, the $500 million VC arm of Saudi Aramco, has made a strategic investment in US-based Resemble AI, a company...

Resemble AI Wa'ed Ventures

U.A.E

UAE blockchain startup Utexo raises $7.5 million seed led by Tether

UAE-based blockchain infrastructure startup Utexo has raised $7.5 million in a seed funding round led by Tether, with participation...

Tether Utexo Blockchain

U.A.E

Kudwa lands $1.1 million funding to scale its AI finance manager platform

UAE-USA-based finance Saas platform Kudwa has raised $1.1 million in a funding round backed by 1818 Venture Capital, F6 Ventures,...

Kudwa F6 Ventures 1818 Venture Capital

Saudi Arabia

Saudi Arabia's Infobrim secures angel funding at $3.5M valuation

Saudi Arabia-based AI startup Infobrim has secured its first strategic angel funding round at a $3.5 million valuation from unnamed...

Infobrim SAAS

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