Wamda

Saudi Arabia

Jadwa leads $50 million investment in Saudi fueltech PetroApp

Jadwa Investment has led a $50 million investment in PetroApp, Saudi Arabia’s digital fuel and fleet management platform, via its...

Jadwa PetroApp

U.A.E

idea-L closes $1 million pre-seed round to launch AI-powered venture creation platform

UAE-based venture creation platform idea-L has raised a $1 million pre-seed round, backed by unnamed angel...

idea-L

Egypt

AgriCash raises seed round to drive inclusive agri-fintech innovation in Egypt

Egypt-based agri-fintech AgriCash has raised an undisclosed seed funding round led by Alex Angels, with participation from regional...

AgriCash Fintech agritech

U.A.E

Byzanlink secures $1 million backed by Outlier Ventures

UAE-based RWA tokenisation platform Byzanlink has closed a $1 million private funding round backed by Outlier Ventures, NTDP Saudi...

Outlier Ventures Byzanlink

Egypt

Roomz.rent raises pre-seed round led by Qora71

Egypt-based Roomz.rent has secured pre-seed funding led by Qora71 (Hub71 angel syndicate), with participation from additional regional...

Roomz.rent Qora71

U.A.E

MEVP joins AppliedAI's Series A round

UAE's MEVP has joined AppliedAI's $55 million Series A round, along with G42, Bessemer Venture Partners, and strategic partner...

AppliedAI MEVP

U.A.E

Related secures $8 million investment from Equivator

UAE-based loyalty and rewards company Related has secured an $8 million investment from Equivator, a Saudi alternative investment...

Equivator Related

Egypt

Aria Ventures launches $1 million fund to bolster deeptech investment in Egypt

Aria Ventures, an Egypt-based venture studio focused on building deeptech startups, has announced the launch of a $1 million (EGP...

Aria Ventures Deep-tech

Egypt

Nowlun raises additional $600,000 to close $2.3 million seed round

Egypt-based logistics startup Nowlun has raised $600,000 in a seed round extension led by Ingressive Capital, bringing total...

Logistics Nowlun Ingressive Capital

Egypt

Valu begins trading on EGX with Amazon as investor

Egyptian fintech Valu has officially begun trading on the Egyptian Exchange (EGX). The listing was executed via an in-kind dividend...

valu Fintech BNPL

Iraq

Netaj launches Nawat, Iraq’s first VC studio to back high-potential startups

Iraq-based innovation platform Netaj has launched "Nawat", a venture capital studio that offers a six-month hands-on...

Netaj Nawat

Algeria

Algerian startup Talenteo raises six-figure round backed by 216 Capital

Algeria-based HRTech Talenteo has raised an undisclosed investment from 216 Capital. Founded in 2022 by Tarik...

216 Capital Talenteo HRtech

U.A.E

SaturnX closes $3 million seed to expand Gulf–South Asia payment corridor

UAE-based infrastructure provider SaturnX has raised $3 million in seed funding, led by White Star Capital with participation from...

SaturnX White Star Capital

Egypt

Swypex rolls out spend control card in Egypt

Swypex, Egypt’s all-in-one financial management platform, has unveiled the country’s first Approval-Based Limits Card, an...

Swypex

U.A.E

Sukna Fund provides $20 million credit facility to OCTA

UAE-based fintech Octa has raised $20 million in a credit facility from Sukna Fund for Direct Financing...

Octa Sukna Fund Fintech

Saudi Arabia

Darwinz AI closes $325,000 seed round to fuel regional growth

Saudi Arabia-based Darwinz AI (TheDar.AI) has raised $325,000 in a seed funding round, led by Flat6Labs KSA and Glint...

Darwinz AI Flat6Labs Glint Ventures

Egypt

Egypt’s Octane raises $5.2 million to digitize fleet payments across MENA

Egyptian fintech Octane has raised $5.2 million in a funding round led by Shorooq Partners, Algebra Ventures, and SC Holding. The...

Octane Algebra Ventures Fintech

U.A.E

AI-powered proptech Prop-AI secures $1.5 million pre-seed

UAE-based proptech Prop-AI has raised $1.5 million in a pre-seed funding round, led by Plus VC, with participation from Joa Capital,...

Prop-AI Plus VC Proptech

Regional

Egypt’s DisrupTech backs Nigerian agri-fintech Winich Farms

DisrupTech Ventures, an Egypt-based early-stage fintech fund, has made its first Sub-Saharan Africa investment by backing Winich Farms,...

Disruptech Winich Farms

Lebanon

XFOLIO closes $2 million seed backed by MEVP

French-Lebanese fintech XFOLIO has raised $2 million in Seed funding from Middle East Venture Partners (MEVP). Founded by Anis Rahal...

XFOLIO Fintech MEVP

Iraq

EQIQ anchors $15 million round for InstaBank, Iraq’s next-generation digital bank

EQIQ, a UAE-based VC fund and venture builder, has invested $3 million in InstaBank (officially Al-Fawr Digital Bank) as part of a...

EQIQ Ventures InstaBank

Saudi Arabia

STV backs Morni via its newly launched NICE fund

Saudi Arabia-based automotive services platform Morni has raised an investment from STV, via its newly launched $100...

Morni STV

U.A.E

Lottery.com acquires majority stake of Nook Holdings, rebrand as Sports.com hub

Lottery.com has signed a $2.5 million agreement to acquire a 90% stake in Nook Holdings, a sports and wellness incubator based in...

Lottery.com Nook

U.A.E

eVoost AI secures seed funding from Qora71

eVoost AI, an Abu Dhabi-based proptech founded in 2024 by Cristian Pastrana, raised seed funding from Qora71, marking the...

eVoost AI Qora71

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you