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
Bahrain Unipal secures pre-Series A round by Falak Angels Bahrain-born edtech startup Unipal has raised a Pre-Series A investment round at an undisclosed value, backed by Falak Angels Syndicate... News • 15 December, 2024 Unipal
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
