Wamda

Egypt

Basata Holding to deploy $7 million investments in Egypt

Egypt’s Basata Holding for Financial Payments will invest $7 million in 2026 to strengthen its local market position and pursue...

Basata

Morocco

Justyol raises $1 million funding to drive regional growth

Morocco-based cross-border e-commerce platform Justyol has secured a $1 million funding and financing package. The package includes...

Justyol

Tunisia

216 Capital invests in Tunisia's Addvocate.AI

Tunisia-based startup Addvocate.AI has secured a strategic investment from 216 Capital, supporting its mission to transform sales...

Addvocate.AI 216 Capital

U.A.E

WheelsOn raises $12.5 million to modernise UAE car rentals

UAE-based autotech WheelsOn has raised $12.5 million, comprising $2.2 million in equity from MENA-focused private investors...

WheelsOn autotech

Egypt

Intella bags $12.5 million in oversubscribed Series A

Saudi Arabia-headquartered AI startup Intella has raised $12.5 million in a Series A round led by Prosus, with participation from...

Intella AI Wa'ed Ventures

Egypt

Y Combinator leads Munify's $3 million seed round

Egypt-based fintech Munify has raised a $3 million seed round led by Y Combinator, with participation from BYLD and Digital Currency...

Munify Fintech Y Combinator

Saudi Arabia

Sheba Joy raises $293,000 pre-seed from Merak Capital

Saudi Arabia-based mobile gaming studio Sheba Joy has raised $293,000 (SAR 1.1 million) pre-seed funding led by Merak...

Sheba Joy Merak Capital Gaming

Saudi Arabia

Merak Capital backs Spoilz as part of Saudi Arabia’s push to lead global gaming

Saudi Arabia-based game development studio Spoilz has secured funding co-led by Merak Capital and Impact46, with...

Spoilz Merak Capital Gaming

U.A.E

Seraya closes $1.8 million seed in equity-debt mix

UAE-based proptech startup Seraya has raised $1.8 million in seed funding (equity + debt), led by a KSA family...

Seraya Proptech

U.A.E

Maalexi secures $20 million shariah-compliant facility from Amwal Capital

UAE-based B2B agriculture-focused fintech Maalexi has secured a shariah-compliant credit facility of up to $20...

Maalexi Amwal Capital agritech

U.A.E

Cointel raises $7.4 million to enhance AI-driven crypto education

UAE-based edtech platform Cointel has raised $7.4 million led by Avalanche and joined by Sugafam Inc. Launched in...

Cointel Avalanche Sugafam

Saudi Arabia

Zetta secures $12 million to reinforce footprint in Saudi market

Zetta, a Saudi DaaS (Device-as-a-Service) company, closed a $12 million investment round led by Core Vision Investment and...

Zetta Technologies CoreVision DaaS

Saudi Arabia

Blomal Capital secures pre-seed funding from Falak

Saudi fintech Blomal Capital has raised a pre-seed round investment round (amount undisclosed) from Falak Investment...

Blomal Fintech Falak investment hub

Saudi Arabia

Impact46 acquires Saudi gaming studio Kammelna for $53 million

Saudi Arabia-based VC Impact46 has acquired the Saudi game development studio "Kammelna" for $53 million. Founded in...

Impact46 Kammelna

Saudi Arabia

Gathern raises $72 million Series B ahead of Tadawul IPO

Saudi Arabia-based Gathern, a peer-to-peer (P2P) vacation rental marketplace, has raised a $72 million Series B at a valuation of...

Gathern STV Proptech

Saudi Arabia

Starvania lands $1.1 million investment to expand Saudi gaming innovation

Starvania Studios, a Saudi indie studio, has secured a $1.1 million investment from Merak Capital and Impact46. Founded in...

Starvania Studios Merak Capital Impact46

U.A.E

CE-Ventures backs $100 million round in US-based Aalo Atomics

UAE-based CE-Ventures, the corporate VC arm of Crescent Enterprises, has joined the $100 million Series B of US-based Aalo Atomics,...

CE-Ventures Aalo Atomics

Saudi Arabia

Jahez secures $40 million Shariah-compliant facility from NBB

Saudi Arabia's Jahez has secured a $40 million Shariah-compliant facility from the National Bank of Bahrain (NBB) to finance...

Jahez

U.A.E

Holo secures $22 million Series A to expand digital mortgage solutions across GCC

Holo, a UAE-based proptech, has raised a $22 million Series A led by Saudi Arabia’s Impact46, with support from Mubadala, Rua...

Holo Impact46 Proptech

U.A.E

Professional.me secures $3.1 million seed round led by Raha Beach Ventures

Professional.me, an Abu Dhabi-based HRtech, raised $3.1 million in seed funding led by Raha Beach Ventures, bringing its total to $4.6...

Professional.me Raha Beach Ventures HRtech

Saudi Arabia

Fahy lands $1.75 million investment to build Saudi gaming hits

Saudi Arabia-based Fahy Studios has secured $1.75 million in investment from Impact46 and Merak Capital to accelerate mobile game...

Fahy Studios Impact46

Morocco

Hypeo Ai secures investment to simplify brand–creator collaborations

Morocco-based influencer marketing startup Hypeo Ai has secured an undisclosed investment from Renew Capital to scale its AI-powered...

Hypeo Ai Renew Capital Marketing

U.A.E

UAE’s Coraly.ai raises $2 million pre-seed to accelerate Saudi expansion

UAE-based proptech Coraly.ai (formerly Coralytics) has raised $2 million in a pre-seed round led by Salica Oryx Fund, with participation...

Coraly.ai Proptech Oryx Fund

Jordan

Sira marks three years with $4.2 million in collective member growth

Press release: Sira, the regional community for like-valued professionals to connect authentically and grow personally and...

Sira

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