Saudi Arabia Al Madinah Ventures launches to unlock untapped potential of the city Saudi Arabia’s Value Makers Studio, in collaboration with the Economic Development Centre and the Madinah Chamber of Commerce, has... News • 23 December, 2024 Al Madinah Ventures Value Makers Studio
Oman Oman Investment Authority invests in Elon Musk’s xAI Oman Investment Authority (OIA) has invested in Elon Musk’s artificial intelligence startup, xAI, acquiring an undisclosed... News • 19 December, 2024 xAI Oman Investment Authority Elon Musk
Saudi Arabia OmniOps raises $8 million to expand AI infrastructure offerings Saudi Arabia-based AI infrastructure technology provider OmniOps has raised an $8 million funding round from GMS Capital... News • 18 December, 2024 OmniOps AI GMS Capital Ventures
Iraq The Netherlands commits $2.7 million to IVP to back Iraqi entrepreneurs Iraq Venture Partners (IVP) has secured $2.7 million from the Kingdom of the Netherlands for the second phase of the Orange Corners... News • 18 December, 2024 Iraq Venture Partners IVP Orange Corners Innovation Fund
Saudi Arabia SVC pledges investment in MEVP’s $150 million fund Saudi Venture Capital (SVC) has committed an investment in MEVP’s $150 million fund for an undisclosed value. Middle East... News • 17 December, 2024 MEVP SVC Middle East Venture Fund IV
U.A.E CredibleX secures $55 million Seed in both equity, debt UAE-based fintech CredibleX has raised $55 million Seed funding, comprising both equity and debt. This financial backing comes... News • 17 December, 2024 CredibleX Further Ventures Fintech
Jordan InvoiceQ closes $1.2 million pre-Series A round to accelerate GCC expansion Jordan-headquartered SaaS provider startup InvoiceQ has raised a pre-Series A funding round of $1.2 million, backed by Oasis 500, Orange... News • 17 December, 2024 InvoiceQ SAAS Oasis 500
U.A.E Revibe secures $7 million Series A to expand into emerging markets UAE-based refurbished electronics marketplace Revibe has closed its Series A of $7 million in a round co-led by ISAI and Resonance and... News • 17 December, 2024 Revibe E-commerce
Regional Anghami wraps up 2024 with additional $55 million investment from OSN Lebanon-founded music streaming app Anghami Inc. has secured a $55 million funding round from OSN Group, $12 million of which is an... News • 17 December, 2024 anghami OSN+
Saudi Arabia Halo AI launches services in Saudi Arabia Saudi Arabia-based AI-powered networking platform Halo AI has launched its services. Founded in 2024 by Vito Strokov, Rami Saad, and... News • 16 December, 2024 Halo AI
U.A.E Klickl closes $25 million Series A at $125 million valuation UAE-based Web3 banking startup Klickl has closed a $25 million Series A funding round at a valuation of $125 million. The round was... News • 16 December, 2024 Klickl Web 3.0 Fintech
U.A.E Astra Tech’s Quantix secures $500 million debt financing from Citi UAE-based fintech Quantix Technology Projects LLC, a subsidiary of Astra Tech, has secured $500 million in asset-backed securitisation... News • 12 December, 2024 Astra tech Quantix Citi
U.A.E UAE-based biotech BioSapien secures $5.5 million pre-Series A UAE-based healthtech BioSapien has raised $5.5 million pre-Series A fundraise, led by Global Ventures with participation from Dara... News • 12 December, 2024 BioSapien Global Ventures Dara Holdings
Morocco Z raises $1.5 million Seed to revolutionise Morocco’s FMCG sector Morocco-based B2B marketplace ZSystems has closed a $1.5 million Seed funding round, led by Morocco-based VCs—MNF Ventures... News • 12 December, 2024 ZSystems MNF Ventures WitaMax
U.A.E YC-backed CozmoX AI launches voice AI employees platform Press release: CozmoX AI, a Y Combinator graduate, today announced the launch of the first enterprise-ready AI Employee platform in the... Press Release • 12 December, 2024 CozmoX AI AI Y Combinator
U.A.E DeChat raises $1 million from Mindspace Solutions UAE-based Web 3.0 social network DeChat has raised $1 million in a funding round led by Mindspace Solutions. DeChat develops a... News • 11 December, 2024 DeChat Mindspace Solutions Web 3.0
