Wamda

Palestine

Ibtikar Fund, Flat6Labs co-invest in Palestine’s DataQueue

The Netherlands and Palestine-based AI-training startup DataQueue raised a funding round from Ibtikar Fund and Flat6Labs Jordan Seed...

Ibtikar Fund DataQueue Flat6Labs

Oman

Oman’s Sampo AI raises $750,000 Pre-Seed

Oman-based SaaS provider Sampo AI has closed its pre-seed funding round, securing $750,000 co-led by Omantel Innovation Labs and Waad...

Sampo AI SAAS Omantel Innovation Labs

Saudi Arabia

On-demand laundry services app Wilow secures pre-Seed round

Saudi Arabia-based e-services provider Wilow has secured an undisclosed pre-Seed investment round from undisclosed group of angel...

Wilow e-services

Egypt

MoneyHash closes $5.2 million pre-Series A for MEA expansion plans

US-based Egyptian fintech MoneyHash has secured $5.2 million in pre-Series A funding. The round is led by Flourish Ventures, along...

MoneyHash Fintech Flourish Ventures

Saudi Arabia

Saudi agritech Arable closes $2.55 million Seed round

Saudi Arabia-based agritech Arable has closed a $2.55 million Seed funding round, led by undisclosed investors. Founded in 2024 by...

Arable agritech

Saudi Arabia

Rize closes $35 million Series A led by Raed Ventures

Saudi Arabia-based proptech Rize has closed a Series A investment round worth $35 million in a mix of equity and debt. The round...

Rize Proptech Raed Ventures

U.A.E

Uktob.ai rebrands to Teammates.ai following successful funding round

UAE-based AI solutions provider Teammates.ai has raised an undisclosed funding round from Hustle Fund, Access Bridge Ventures, Oraseya...

Teammates.ai Hustle Fund AI

U.A.E

UAE-based contech Opteam raises pre-Seed round, led by Plus VC

UAE-based contech Opteam has raised an undisclosed pre-Seed round, led by Plus VC, with participation from Dar Ventures, SIAC Ventures...

Opteam contech Plus VC

U.A.E

Sigma Capital launches first fund at $100 million to accelerate Web3 innovation

Global Web3 early-stage venture asset manager Sigma Capital has launched the $100 million Sigma Capital Fund I dedicated to accelerating...

Sigma Capital Sigma Capital Fund I

U.A.E

Bank Alfalah invests in UAE fintech Jingle Pay for 9.9% stake

UAE-based remittances fintech Jingle Pay has raised funding from Bank Alfalah, a Pakistan-based bank, for a 9.9% stake. Founded...

Jingle Pay Bank Alfalah Fintech

Saudi Arabia

Halo AI closes $6 million Seed led by Raed Ventures, Shorooq

Saudi Arabia-based AI-powered networking platform Halo AI closed a $6 million Seed funding round, led by Raed Ventures and Shorooq,...

Halo AI Raed Ventures Shorooq

Regional

MENA startups raised $279 million in December 2024, 44% was debt

The startup ecosystem in the Middle East and North Africa (MENA) showed a significant deceleration in December 2024, raising $$279 million...

Investment

Saudi Arabia

SVC invests in Global Ventures’ $150 million third fund

Press release: Saudi Venture Capital (SVC) has announced its investment in Global Ventures III, an early-stage venture capital fund...

SVC Global Ventures

Saudi Arabia

Revie secures $2.5 million Seed from Sanabil Venture Studio

Saudi Arabia-based interior design marketplace Revie has raised a $2.5 million Seed funding round led by Sanabil Venture Studio by...

Revie Sanabil Venture Studio Stryber

Palestine

Palestine’s TAP secures $1 million to scale AI-powered platform

Palestinian-Dutch company TAP has raised $1 million in investment, led by Invest International in the Netherlands, besides other...

TAP HRtech EdTech

Saudi Arabia

Wa’ed Ventures leads Zension Technologies’ $30 million Series A round

Saudi Arabia-based aftersale services provider Zension Technologies has closed a Series A funding round at $30 million, led by Saudi...

Wa’ed Ventures E-commerce Zension Technologies

U.A.E

MilkStraw AI raises $600,000 pre-Seed to propel MENA expansion plans

UAE-HQ AI startup MilkStraw AI has raised $600,000 in pre-seed funding, led by Flat6Labs, with participation from Angel Spark, Beyond...

MilkStraw AI AI Flat6Labs

Saudi Arabia

Vreal closes pre-Seed round led by numu Angels

Saudi Arabia-based AR/VR experience provider “Vreal” has secured an undisclosed pre-seed investment round from numu Angels...

Vreal Numu Angels Investment Community VR

Egypt

Egypt's ReNile secures $450,000 investment

Egypt-based agritech ReNile has raised $450,000 in investment from Keheilan Fund. Founded in 2017 by Hazem Eltawab, ReNile...

ReNile agritech Shark Tank

Egypt

EdVentures commits six-figure investment to Schoolz and Ibn Sina

Egypt-based edtech-focused VC EdVentures, the investment arm of Nahdet Misr, has pledged six-digit investments to two Egyptian edtech...

EdVentures EdTech Schoolz

Saudi Arabia

Calo raises $25 million Series B, eying Saudi IPO by 2027

Saudi Arabia-HQ foodtech Calo has raised $25 million in its Series B funding round, led by Nuwa Capital, with participation from STV and...

Calo foodtech

Saudi Arabia

Wa’ed Ventures leads YNMO’s $5 million investment round

Saudi Arabia-based edtech YNMO has raised $5 million in investment, led by Wa’ed Ventures, with participation from Qatar...

Ynmo Wa'ed Ventures EdTech

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...

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...

xAI Oman Investment Authority Elon Musk

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