Wamda

U.A.E

AppliedAI closes $55 million Series A, led by G42

UK-founded UAE-HQ Insurtech startup AppliedAI has raised $55 million in a Series A funding round at a pre-investment valuation of $300...

AppliedAI G42 Insurtech

Saudi Arabia

LAHINT announces closing $1 million pre-seed during LEAP 2025

Saudi Arabia-based LAHINT e-services platform has closed a $1 million pre-seed funding round from undisclosed investors. Founded in...

Lahint e-services

Saudi Arabia

With $6.75 million pre-Series B funding round, Taager sets sights on MENA growth

Egypt-born and Saudi Arabia-HQ social e-commerce platform Taager has completed a $6.75 million pre-Series B funding round, led by...

Taager Norrsken22

Saudi Arabia

Salesforce pledges $500 million investments in Saudi Arabia

US-based AI and SaaS provider Salesforce has announced plans to invest $500 million in the Kingdom of Saudi Arabia, building on its...

Salesforce SAAS AI

Bahrain

Unipal closes pre-Series A round to fuel Saudi expansion

Bahrain-born edtech startup Unipal has raised its Pre-Series A investment round for an unknown amount. The round is led by Plus VC...

Unipal Plus VC EdTech

Saudi Arabia

Mush Social acquires Pubbles to solidify its digital presence

Saudi Arabia-based social media platform Mush Social has acquired Pubbles, a Saudi social media app. The acquisition aims to...

Mush Social Pubbles

Saudi Arabia

BRKZ closes $17 million Series A to bolster presence in Saudi Arabia

Saudi Arabia-based contech BRKZ has completed its Series A extension at $17 million, including $8 million raised in March last year...

BRKZ contech

Saudi Arabia

Salla acquires Sweply, rebrands it as “Salla Ads”

Saudi Arabia-based SaaS provider Salla has entered into an agreement to acquire Sweply, an innovative Saudi digital advertising...

Salla Sweply SAAS

U.A.E

VISARUN.AI secures $700,000 in a pre-Seed round

UAE-based visa-as-a-service platform VISARUN.AI has raised $700,000 in pre-seed funding from unnamed angel investors. Founded in...

VISARUN.AI

Morocco

Beltone VC invests in Morocco’s LNKO to drive expansion across Africa

Egypt-based Beltone Venture Capital, the VC arm of Beltone Holding, has invested in Morocco’s LNKO for an undisclosed...

Beltone Venture Capital LNKO E-commerce

U.A.E

UAE's fintech Yuze expands to India

Press release: Yuze, a UAE-based fully digital business banking platform, is set to expand its operations to India in the second...

Yuze Fintech

Qatar

QIA’s $1 billion fund of funds kicks off with Investment in Rasmal Ventures

Qatar-based VC firm Rasmal Ventures LLC has secured funding from Qatar Investment Authority (QIA) as part of its Fund of Funds...

Qatar Investment Authority QIA Rasmal Ventures

Regional

Meta AI officially launches in the MENA region

Meta AI officially launches in the MENA region Fully available in the UAE, Saudi Arabia, Egypt, Morocco, and Iraq—with more...

Meta AI Facebook

Egypt

Khazna lands $16 million pre-Series B to boost Saudi expansion

Egypt-based fintech Khazna has closed a $16 million pre-Series B funding round. The round saw participation from new and...

Khazna SANAD Fund Fintech

Saudi Arabia

Saudi AI startup vminds.ai secures six-figure pre-Seed

Saudi Arabia-based AI startup vminds.ai has closed a six-figure pre-Seed investment round from undisclosed angel investors. Founded by...

vminds.ai AI

U.A.E

Wamda Capital participates in qeen.ai’s $10 million Seed round

UAE-based AI startup qeen.ai has secured a $10 million Seed funding round, in one of the largest seed investments in the MENA region to...

AI qeen.ai Wamda Capital

Regional

MENA e-commerce grew by 30% in 2024, new report suggests

The MENA e-commerce market saw a 30%+ increase in online orders, with Saudi Arabia and the UAE leading in Gross Merchandise Value (GMV),...

E-commerce Flowwow Admitad

U.A.E

Myne closes $2 million pre-seed led by Scene Holding

UAE-based fintech Myne has raised a $2 million pre-seed funding round, led by Scene Holding, followed by Raz Holding with participation...

Myne Scene Holding Plus VC

Egypt

Foundation Ventures concludes first close of $25 million fund

Egypt-based venture capital firm Foundation Ventures has announced the first close of its $25 million fund, FVFII, backed by the...

Foundation Ventures

Saudi Arabia

Penny Software partners with NHC to revolutionise housing procurement

Press release: Penny Software, the digital procurement software, has signed a partnership with the National Housing Company (NHC) to...

Penny Software National Housing Company

Tunisia

Tunisian fintech EasyBank secures $370,000 investment

Tunisia-based fintech EasyBank has secured an investment of $370,000 from undisclosed investors. Founded in 2023 by...

EasyBank Fintech

Egypt

Simplex secures $13 million to propel Saudi expansion

Egypt-based CNC machine manufacturer Simplex has raised $13 million, led by Saudi Arabia's National Industrial Development...

Simplex

Saudi Arabia

Saudi Arabia’s Forus bags $60 million debt from Fasanara

Saudi Arabia-based P2P lending platform for SMEs Forus has secured $60 million in a credit facility from Fasanara...

Forus Fasanara Capital Fintech

Saudi Arabia

Lendo secures $690 million facility from J.P. Morgan

Saudi Arabia-based fintech Lendo has secured a $690 million warehouse facility led by J.P. Morgan. Founded in 2019 by Osama...

Lendo J.P. Morgan Fintech

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