The first half of 2025 witnessed a surge in venture capital activity across the Arab region, with standout deals across fintech, AI, PropTech, mobility, and travel tech. Here are the top 10 disclosed VC deals that shaped H1 2025:
- Tabby (Saudi Arabia) raised a $160 million Series E in one of the region’s largest fintech rounds to date.
- iMENA Group (Saudi Arabia) secured $135 million to accelerate its digital platforms portfolio.
- Flow48 (UAE) raised $69 million in Series A to scale its fintech offering.
- AppliedAI (UAE) completed a $55 million Series A to grow its AI infrastructure capabilities.
- Nawy (Egypt) secured $52 million in Series A to enhance its PropTech solutions.
- PetroApp | بتروآب (Saudi Arabia) closed a $50 million round to expand its fuel and fleet management platform.
- Hra Experience (UAE) raised $40 million to advance its travel technology platform.
- Rize | رايز (Saudi Arabia) received $35 million in Series A funding for its PropTech services.
- NymCard (UAE) raised $33 million in Series B to scale its embedded finance infrastructure.
- Zension Technologies Inc. (Saudi Arabia) raised $30 million in Series A to grow its consumer electronics service offerings.
These deals reflect growing investor confidence in regional startups and underscore the GCC’s role as a hub for venture capital and innovation. With Saudi Arabia and the UAE leading activity, and Egypt maintaining strong presence, the MENA ecosystem continues to mature with larger ticket sizes, broader sector focus, and global investor participation.