Wamda

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

Qatar

Startup Grind holds Qatar's first Tech Startup Community Awards ceremony

Press release: Startup Grind Qatar, the local chapter of the global startup community, held its Tech Startup Community Awards Programme,...

Startup Grind Qatar Tech Startup Community Awards

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

Egypt

Egypt’s Raseedi acquires Kashat to broaden financial offerings

Egypt-based fintech Raseedi has acquired Kashat, which in its role owns Pharos Microfinance S.A.E., a subsidiary of Kashat, in an equity...

Kashat Raseedi Fintech

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

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

U.A.E

Mintiply Capital partners with Fuel Venture Capital to boost entrepreneurial scene in GCC

Press release: Mintiply Capital, a leading advisory and investment banking firm in the UAE renowned for its expertise in M&A,...

Fuel Venture Capital Mintiply Capital

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 undisclosed investors. Founded in 2017 by Hazem Eltawab,...

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

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...

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...

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...

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...

CredibleX Further Ventures Fintech

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