Trendyol, Turkey’s leading e-commerce platform, Baykar, the world’s largest unmanned aerial vehicle manufacturer, ADQ, an active sovereign investor focused on critical infrastructure, and Ant International, a global leader in digital […]
Saykal Electronics, a company specialized in developing mobility technology solutions, has secured a $4 million investment in a funding round managed by Fark Labs and led by İş Portföy Yönetimi
Riyadh, KSA – Lucidya, the leading AI-powered Customer Experience Management (CXM) platform in the MENA region, has announced the successful close of its USD30 million Series B funding round, marking
Riyadh, Saudi Arabia – Sukna Capital, a Saudi investment platform licensed by the Capital Market Authority and focused on alternative investments, has received approval from the Saudi Capital Market Authority
BlueFive Capital, a rapidly emerging investment platform founded in the GCC, has announced the successful closing of its Founding Shareholders Circle investment round, which values the firm at $120 million.
UAE-based XPANCEO has secured $250 million in Series A funding led by Opportunity Venture (Asia), boosting its valuation to $1.35 billion and officially achieving unicorn status. The company is developing
Flawless, a Saudi-based startup specializing in AI-powered career guidance, has announced the successful closure of a $1.5 million Pre-Seed funding round, backed by a group of angel investors. Founded by
Beekod, a modular e-commerce super app developed in Turkey, has secured an investment from H2O Investment at a valuation of $2 million. The round marks a significant milestone for the
Kalshi, the US-based forecasting market platform, has announced a $185 million funding round, reaching a valuation of €2 billion. The round was led by Paradigm, with participation from Sequoia, Multicoin,
Flipspaces, the commercial interior design startup, has secured ₹50 Crore (≈US$ 5.9 million) from Asiana Fund as part of a larger US$ 35 million funding round. Synergy Capital Partners, Iron
Abridge, a company specializing in AI-driven health technologies, has announced the closure of a $300 million Series E investment round, raising its valuation to $5.3 billion. This follows its $250
Nigeria-based HR-tech startup PaidHR announced the successful raising of $1.8 million in a new Seed funding round, bringing its total investment to approximately $2.9 million. This round follows a prior
GoKwik, Asia’s leading e-commerce enabler, has successfully raised $13 million in a growth funding round led by existing investor RTP Global. Other investors participating in this round include Z47, Peak
STV, the largest independent technology investment firm in MENA, has announced a new investment in Morni, a Saudi automotive services platform, through its newly launched $100M NICE Fund. Founded in
Baghdad, Iraq – In a milestone for the Iraqi innovation ecosystem, Netaj, Iraq’s leading entrepreneurship platform, has officially launched Nawat, the country’s first-ever venture capital studio, aiming to back and
Dubai-based digital platform Stryde, licensed by the Dubai Financial Services Authority (DFSA), has announced the acquisition of Qora71, one of the region’s fastest-growing angel investment networks originally launched with the
Riyadh – In an interview with Al Arabiya, Mohammed Alzubi, Founder and Managing Partner at Nama Ventures, announced that the fund has received a license from the Saudi Capital Market
Napptix, a Dubai-based ad-tech company focused on gaming, has officially acquired the Middle East and North Africa (MENA) operations of Yazle Marketing Management, in a strategic move to strengthen its
Actual VC, 24SIX9, and AHOY, in partnership with the Municipality of Madinah Region, have launched Madinah Tech, the first municipal accelerator and urban innovation sandbox in the Middle East and
SaturnX, a UAE-based infrastructure provider for stablecoin-powered cross-border payments, has secured $3 million in a seed funding round led by White Star Capital, with participation from strategic investors. Founded in
UAE-based fintech platform OCTA has secured a $20 million credit facility from the Sukna Fund for Direct Financing (SFDF), aimed at powering embedded working capital for eligible SMEs across Saudi
Aspora, the cross-border fintech startup formerly known as Vance, has successfully raised $50 million in Series B funding, led by Sequoia Capital and Greylock, with additional participation from Hummingbird, Quantum
XFOLIO AI, a fintech startup based in Lebanon and France, has raised $2 million in Seed funding from Middle East Venture Partners (MEVP) to grow its product and expand into
Berlin, June 2025 — Payrails, a global payments software company founded by former fintech leaders at Delivery Hero, has secured $32 million in Series A funding, led by HV Capital’s
June 11, 2025 – Dubai, UAE: In a global milestone that reinforces Dubai’s leadership in real estate innovation, the Dubai Land Department has announced the successful sale of the second
Istanbul, June 2025 — VenueX, an Istanbul-based artificial intelligence startup, has successfully raised $1.2 million in a bridge funding round led by Singapore-based Orbit Startups. The round also saw participation
Angel Spark has announced its investment in Inovat, the innovative digital platform that’s reshaping the tax refund experience for travelers. Inovat enables users to effortlessly claim tax refunds by simply
Move the Needle Consultancy (MTNC), a consultancy firm specializing in e-commerce, has announced its investment in Best Kept Shared (BKS) — the UAE’s first platform dedicated to the rental and
Qanooni, the UAE-based legal technology startup, has announced the successful closure of a $2 million pre-seed investment round, led by Village Global, Salica Investments’ Oryx Fund, TA Ventures, and a
UAE | June 4, 2025 — U.S.-based CorroHealth, a leader in AI-powered financial management technologies for healthcare claims, has announced a strategic investment in UAE-based SANTECHTURE, a regional pioneer in
Branchsight, a marketing technology startup founded in 2021, has raised $550,000 in a new investment round led by Teknoloji Yatırım, with participation from notable investors Berkay Mollamustafaoğlu and Yaman Tunaoğlu.
Where there’s a will, there’s a way! This timeless motto embodies the spirit of determined men and women who refuse to give up, forming the very foundation of strength, resilience,
Snitch, a D2C menswear brand, has raised up to $40 million in its Series B round led by 360 ONE Asset. The round also included participation from existing investors IvyCap
Sunbolah, the sector-focused accelerator dedicated to agriculture and food technology, has officially launched the second edition of its program, bridging innovation between Riyadh and Paris. Targeting early-stage startups (Seed to
Endeavor has launched the first edition of its flagship Unicorn Builder program in the UAE, in partnership with the Dubai Department of Economy and Tourism and the Dubai Chamber of
Sycamore, a Nigerian digital lending startup, has successfully completed a $1.5 million debt financing round, just one week after securing a ₦1.5 billion (approx. $943K) loan from Cascador, a local
Heron Power, an initiative focused on developing energy infrastructure, announced that it has secured a $38 million investment in its Series A funding round, led by Capricorn Investment Group. The
In a historic milestone for real estate innovation in the region, Stake, the leading digital real estate investment platform, has officially surpassed AED 1 billion in transactions. This achievement marks
Rillet, a US-based AI-powered accounting platform, has raised $25 million in a Series A round led by Sequoia Capital, with participation from First Round Capital, Creandum, Susa Ventures, and angel
Saudi-based Taawoni, a leading platform in cooperative training and professional development, has successfully closed a $1.6 million investment round led by M Capital, with participation from other supporting investors. Founded
Riyadh – May 28, 2025 – NOMW Capital has announced its acquisition of a majority stake in MRSOOL, the leading on-demand delivery platform operating in Saudi Arabia, Egypt, and Bahrain,
Mumbai-based startup Snabbit, a fast-growing on-demand home services platform, has raised $19 million in a funding round led by Lightspeed, with participation from existing investors Elevation Capital and Nexus Venture
UAE-based Tech Universal Ventures has announced the acquisition of FixSquad (UAE) and ELVA11 (Sweden) as part of its expansion strategy to strengthen its footprint across the Gulf region and global
MDP, a leading payments technology infrastructure provider headquartered in Egypt, has announced a strategic investment led by Lorax Capital Partners (LCP), with participation from a consortium of global development financial
The Sharjah FDI Office (Invest in Sharjah) has launched ‘Sharjah AcquireHub’, the region’s first government-led digital platform designed to streamline mergers and acquisitions (M&A) activities in the emirate. This pioneering
Valu, a leading Egyptian FinTech company, has raised $27 million in fresh funding from prominent Saudi investors, including the Saudi Investment Bank and Sanabil Investments (a wholly owned company by
UAE-based FinTech startup Gainz has successfully closed a seven-figure Pre-Seed funding round, combining equity and debt. The round was led by Antler MENAP, Lithium Holdings, and Eleventh Invest Inc, with
In a major boost for Saudi Arabia’s Buy Now, Pay Later (BNPL) market, Tabby and Tamara reported a combined revenue of SAR 535.4 million in Q1 2025, marking a 39%
Cairo, Egypt – ElGameya, Egypt’s leading fintech platform digitizing the traditional ROSCA savings model, announced the successful closing of a new 7-figure USD investment round aimed at accelerating the development
Catalyst Partners Middle East (CPME) held a Board of Directors meeting on Saturday and approved a series of strategic decisions to enhance its market position and expand operations through key
VUZ, a platform known for delivering interactive live video experiences from exclusive locations like award shows and global stadiums, has closed its Pre-Series C funding round with $12 million in
Egypt’s Thndr, the country’s leading investment and fintech platform, has announced the close of a $15.7 million funding round. The round was led by global tech giant Prosus, with participation
BEIJING – May 13, 2025– Chinese tech giant Meituan has officially announced the launch of its food delivery brand Keeta in Brazil, backed by a bold $1 billion investment over
Abu Dhabi – May 2025 – Mubadala Investment Company, the sovereign wealth fund of the Government of Abu Dhabi, is preparing to invest $400 million in South Korea’s Kakao Mobility,
Dubai, Abu Dhabi, Belfast | May 13, 2025 – Classy Games Studios, a game development company based in Northern Ireland and the UAE, has officially announced a strategic investment from
Qlik, a global leader in data integration, analytics, and AI, today announced the close of a significant minority investment led by a wholly owned subsidiary of Abu Dhabi Investment Authority
Tallinn, Estonia – Co-one, an AI infrastructure startup, has announced the completion of its €1 million pre-Series A investment round, led by Ak Portföy. Existing investors Maxis Innovative Venture Capital,
In a significant move that underscores the Kingdom’s evolving financial sector, Hamah Capital has received regulatory approval from the Capital Market Authority (CMA) to engage in investment management and fund
AqlanX, a UAE-based company specializing in AI and enterprise automation, has secured a $10 million investment from Lakeba Group through its project DoxAI. This investment marks a significant milestone in
Nawy, Egypt’s leading digital real estate platform, has announced the successful closure of a $75 million Series A funding round, marking one of the largest investments of its kind across
Stockholm, May 6, 2025 – Priceagent, the platform revolutionizing pricing strategy, has raised $550,000 in seed funding backed by its founders, consulting experts, and prominent angel investors, including former Cint
Flipspaces, a leading Indian technology-enabled commercial interior design and build company, has successfully raised $35 million in a funding round that includes both primary and secondary capital. The round was
United Arab Emirates, 7 May 2025 – Standard Chartered has announced the launch of the seventh cohort of its Women in Tech UAE Accelerator, in collaboration with C3 – Companies
Cairo, Egypt – Career 180, a leading edtech platform in the Middle East and Africa, has secured a six-figure investment from Den VC, reinforcing its position in career development and
Klivvr, Egypt’s leading digital money management platform, has officially launched its “Buy Now, Pay Later” (BNPL) service after receiving formal approval from the Financial Regulatory Authority (FRA). The new feature
Uber has announced its acquisition of an 85% stake in Turkish food delivery platform Trendyol GO for approximately $700 million in cash, according to a securities filing. The deal is
In a move that highlights its ongoing commitment to fostering fintech innovation in Africa, Attijariwafa Ventures—the venture arm of Attijariwafa Bank Group and Wafa Assurance—has announced a $1.5 million investment
Cairo, Egypt – Leading Egyptian fintech company Fawry has announced a strategic collaboration with Microsoft to empower small and medium-sized enterprises (SMEs) in Egypt by integrating Microsoft 365 solutions into
Manama / New York – May 4, 2025 – The Bahrain Labour Fund (Tamkeen) and the Mastercard Center for Inclusive Growth have announced a strategic partnership to launch the first
Nqoodlet, the Saudi-based fintech platform transforming SME financial management, has successfully closed a $3 million seed round, signaling a major leap forward in empowering small and medium businesses across the
Wa’ed Ventures, the venture capital arm of Saudi Aramco, has announced the signing of a strategic Memorandum of Understanding (MoU) with the Ministry of Environment, Water and Agriculture, during the
NEW YORK, May 1, 2025 – dub, the U.S.-based startup specializing in copy-trading and social investing technologies, has announced the successful closure of its $30 million Series A funding round,
Riyadh, April 2025 – STV, the leading growth investor in the MENA tech sector, has announced the final close of its first non-dilutive capital fund, the $100 million STV NICE
During the ZIGChain Summit 2025 held in Dubai, it was officially announced that a $25 million DeFAI Innovation Fund has been launched to support AI-powered financial tools. This initiative is
Riyadh, Kingdom of Saudi Arabia – 2025, The Saudi Central Bank (SAMA) has announced the issuance of a new license to “Nayla Finance”, authorizing the company to operate in the
erad, the Riyadh-headquartered alternative financing platform for SMEs, has successfully raised $16 million in a Pre-Series A funding round to accelerate its growth and expand operations in Saudi Arabia and
Riyadh, Saudi Arabia – KPMG Saudi Arabia has launched the 5th edition of its flagship Global Tech Innovator (GTI) competition, offering the country’s most ambitious startups an opportunity to showcase
True Gamers, a fast-growing esports café operator, has successfully raised $5 million in a Seed funding round to support its regional and international expansion, particularly across the Middle East, North
CleanMob, a company specializing in smart fleet management solutions, announced that it has successfully raised €1.3 million funding from Bpifrance, 212Founders by CDG Invest, MNF Ventures, Tremplin Capital, and four
DoorDash, the largest food delivery app in the US, has initiated formal talks to acquire Deliveroo, one of Europe’s leading delivery platforms, in a deal valued at approximately £2.7 billion
In a strategic move to enhance its leadership in the digital infrastructure space for private market transactions, Zest Equity, the leading digital infrastructure solutions platform for private market execution, announced
Bahraini foodtech startup, Calo, has announced its expansion into the UK through the acquisition of two local meal delivery brands, Fresh Fitness Food and Detox Kitchen, as part of its
Uniqus Consultech, the tech-enabled global consulting platform, announced securing $20 million in its Series C funding round led by Nexus Venture Partners with participation from Sorin Investments, both existing investors.
iMENA Group, a regional leader in building and operating digital platforms in the Middle East and North Africa, announced the successful completion of a $135 million capital raise in the
PropTech startup Flow, founded by Adam Neumann — the co-founder and former CEO of WeWork — and based in the United States, has secured $100 million in a Series B
Beyond Odds Technologies, the U.S.-based parent company of vocational training platform Emversity, has raised $5 million in its pre-Series A funding round, led by Lightspeed and Z47, with participation from
Horiar AI, an applied AI research company developing creative tools for the media industry, has received its first investment from Biomka Holding at a valuation of $12 million. Commenting on
Riyadh, Saudi Arabia – April 2025: Jaree, a new Saudi platform founded by Faisal AlNaji, has officially launched to streamline early-stage venture investing in the Kingdom. The platform connects qualified
Alpaca, a US-based brokerage infrastructure fintech, announced a $52 million Series C funding round, reinforcing its global expansion and leadership in the sector. The funding round was disclosed from its
Dubai-based Pemo, a smart spend management platform, has officially expanded into the Saudi Arabian market, aligning with the Kingdom’s Vision 2030 digital transformation goals. Backed by over $19 million in
In a significant move to boost the entrepreneurial ecosystem in the region, Athar Accelerator has announced the launch of its Non-Dilutive Fundraising Program, in partnership with New Silk Roads and
Amwaj International, a billion-dollar multinational conglomerate with over 10,000 employees and a global presence in 27 cities, has announced the acquisition of an 18% stake in UAE-based real estate development
Cairo, April 2025 – Tanmeyah, a subsidiary of EFG Holding and one of Egypt’s leading financial service providers with a strong focus on microfinance segments, has signed a strategic agreement
Startup funding in the Middle East and North Africa (MENA) saw a notable 60% surge in Q1 2025, reaching a total of $693 million, according to the latest Digital Digest
UK-based venture capital firm Octopus Ventures, one of the leading VC firms in Britain, is nearing the completion of a strategic acquisition of the Fintech Growth Fund (FGF) — a
The Innovative Startups and SMEs Fund (ISSF) – the largest investment fund of its kind in Jordan – has announced a $3 million investment in the Antler MENAP Fund LP,
SIDEUP has announced a new partnership with Kushk in the Sultanate of Oman, aiming to improve the shipping and delivery experience for Kushk’s customers both locally and internationally. Through this
Christie’s International Real Estate, the world-renowned luxury real estate brand, has officially launched its operations in Saudi Arabia in partnership with Wasalt, the Kingdom’s advanced digital real estate platform. The
Alareeb Holding has acquired 80% of Two Sides Productions, a leading audio‑visual content provider, in a strategic move to expand its creative business lines and strengthen its media content production
India is poised for a significant surge in initial public offerings (IPOs) from tech startups in 2025, following a robust performance in 2024. According to data from Inc42, approximately 23
Encor, the Hong Kong‑based investment funds and corporate services platform, has officially acquired UAE‑based Creative Zone, a leading company‑formation service provider in the Gulf region. The deal aims to accelerate
Egypt’s financial services sector posted strong gains on the Egyptian Exchange last week, driven by heavy investor buying. Beltone Financial Holding’s share price rose 0.50% to EGP 2.03 from 2.02, lifting
Arab National Bank (ANB) has announced the launch of its inaugural “FinTech Accelerator Program for Emerging FinTech Companies”, marking the first such initiative by a Saudi bank aimed at supporting
Deloitte Middle East has announced the results of the 4th edition of the Deloitte Technology Fast 50 program, celebrating the fastest-growing tech companies across the Middle East and Cyprus. The
Abu Dhabi – M42, the UAE‑based global health pioneer powered by artificial intelligence (AI), technology, and genomics, today announced a strategic investment and partnership with UK‑based longevity biotech leader Juvenescence.
Abu Dhabi – April 15, 2025 – AIREV, the fast-growing UAE-based artificial intelligence startup that stands among the leading AI companies in the Gulf, has secured a strategic investment from
Mantra, a leading blockchain platform designed to tokenize real-world assets, has announced the launch of its investment fund, the Mantra Investment Fund “MEF,” with a target capitalization of approximately $108.8
Al Areeb Holding has announced the acquisition of an 80% majority stake in Future Integrated Management (FIM), a company specializing in administrative solutions and consulting. This strategic move aligns with
OpenAI is preparing to finalize a massive investment round worth $40 billion, bringing its valuation to $300 billion. The funding round is led by SoftBank, with participation from Magnetar Capital,
Riyadh, Saudi Arabia – Al Areeb Holding has finalized its acquisition of a strategic 30% stake in Pioneer Landmarks, a leading Saudi engineering consultancy firm. This transaction follows a Memorandum
Dubai, UAE – Valeo Health ME, a UAE-based healthtech startup specializing in AI-driven personalized care, has secured $12 million in a Series B funding round led by Flintera, with participation
Dubai, UAE – In a bold move to consolidate its leadership in the regional F&B sector, Epik Foods has completed the acquisition of Sauce Capital, integrating 15 popular dining brands
Dubai, UAE – Emirates NBD, a leading banking group in the MENAT region, has signed a strategic MoU with BlackRock to establish an exclusive investment platform for wealth clients. This
In a strategic move to strengthen its foothold in the Middle East’s booming streaming market, Warner Bros. Discovery (WBD) has acquired a 30% equity stake in Dubai-based OSN+, the flagship streaming platform of OSN Group, for $57
Dubai-based fintech startup COCA has announced a strategic investment from Stellar Development Foundation and FunFair Ventures to accelerate the development of its stablecoin payment solutions. While the investment amount remains
Dubai-based Code & State, a stablecoin innovation studio, has secured $3 million in funding to support the next wave of stablecoin startups. The investment, backed by Warburg Serres and KR1 plc, will be used to incubate
Riyadh, Saudi Arabia – Arabian Pay, the Kingdom’s leading national fintech platform, has successfully closed its Pre-Seed investment round through a strategic agreement with Al Bassami Holding Group, a global leader
Enza, a UAE-based fintech company, has successfully raised $6.75 million in a Seed funding round led jointly by Algebra Ventures and Quona Capital. This investment highlights strong confidence in Enza’s
Startups from Kenya and the rest of East Africa have been invited to apply for the Startup 360 Connect program, which aims to help ventures expand globally while leveraging the dynamic innovation
Yango Group, a leading technology company, has announced the launch of a new institutional investment fund named “Yango Ventures” with a value of $20 million. The fund aims to support
Kenyan logistics startup Leta has successfully raised $5 million in an initial funding round. The company plans to use the funds to enhance its products and expand into strategic markets
ClearGrid, a UAE-based fintech specializing in debt collection solutions, has raised $10 million in pre-seed and seed funding rounds. The pre-seed round was led by RAED Ventures and BECO Capital,
Emirati entrepreneur Saeed Al Hamli has announced his participation in the founding of «Nqubator», where he serves as the company’s CEO. «Nqubator» aims to empower ambitious entrepreneurs to build innovative
NymCard, a leading embedded finance solutions provider, has closed a $33 million funding round led by QED Investors, with participation from prominent investors such as Lunate, Dubai Future District Fund,
Hassana Investment Company, the investment arm of Saudi Arabia’s Public Pension Agency, has announced the acquisition of a 40% stake in Berain Water from Mohammed Abdulaziz Al Rajhi & Sons Investment Company (Al Rajhi Investment).
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, and Chairman of the Dubai Executive Council, has issued Executive Decision No.
The Financial Regulatory Authority (FRA) of Egypt has announced the issuance of brokerage licenses to three Egypt-based fintech startups: “Telda,” “Beltone,” and “Thndr.” These licenses enable the companies to offer
Yango Group, a global tech firm based in Dubai, has launched a $20 million corporate venture fund targeting early-stage startups across the Middle East, North Africa, and Pakistan (MENAP), Sub-Saharan
Ibtikar Fund, based in Palestine, has announced its investment in MENA Analytics, a company specializing in market research and data analysis. The company aims to transform how businesses in the Middle
Morocco has launched its first Venture Studio through BVS, aiming to support entrepreneurs and investors by providing an integrated environment that combines innovation, financial planning, and strategic expansion. This initiative is part of
Latigo Biotherapeutics, Inc., a U.S.-based biotechnology company specializing in the development of non-opioid pain therapies, has announced the closing of a $150 million Series B funding round. The round was led
Grinta, a leading provider of healthcare and pharmaceutical solutions, has announced its acquisition of the primary healthcare clinic chain City Clinic. This acquisition enables Grinta to access over 150,000 patients and strengthens its presence in
The Ministry of Communications and Information Technology (MCIT), in partnership with Amazon Web Services (AWS), has launched the “AWS Builder Accelerator” program, aimed at developing national competencies in cloud computing and equipping them with
The Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, has announced its participation in a $200 million investment round for Lila Sciences, a U.S.-based startup specializing in developing advanced
beaconsmind Group, a Swiss company, has announced the acquisition of Lokalee, a UAE-based startup specializing in travel technology, for $12.8 million. Lokalee operates as a technology platform leveraging artificial intelligence to provide integrated
Impact46 has announced the completion of the sale of its entire stake in Rasan Information Technology through an accelerated book-building offering to institutional investors. The deal involved the sale of 13,296,836 shares, representing 17.16% of Rasan’s
Binance, the world’s largest cryptocurrency exchange, has announced that MGX, a UAE-based leader in AI and advanced technology investments, has acquired a minority stake in the platform for $2 billion. This marks
In a massive and unexpected deal, Savvy Games Group, the Saudi investment arm of the Public Investment Fund (PIF), has announced the acquisition of Niantic, Inc.’s gaming division by Scopely for $3.5 billion. This strategic move underscores
The Oman Investment Authority (OIA) has announced its investment in Tidal Vision, a U.S.-based company specializing in technology and biopolymers, as part of a $140 million Series B funding round. OIA is one of
GO Telecom has announced that its subsidiary, Hulul Al-Intilaq for Finance, has received initial approval from the Saudi Central Bank (SAMA) to establish a micro-consumer finance company in Saudi Arabia. The approval, granted on November
Yalla Group Limited announced its financial results for 2024, reporting revenues of AED 1.2 billion (approximately $339.7 million), a 6.5% increase compared to AED 1.1 billion in 2023. The fourth quarter of the year saw strong revenue growth of 12.2%,
Micropolis Robotics, a UAE-based robotics manufacturing company, has successfully completed its initial public offering (IPO) on the New York Stock Exchange. The company offered 3,875,000 ordinary shares at $4.00 per
Longevity Wellness Hub, a UAE-based wellness startup, has successfully raised $4 million to expand its presence across the GCC, with plans to launch new centers in Dubai, Abu Dhabi, and Riyadh. The funding will also
Welcoming New Investors from France, Luxembourg, Mauritius, Kuwait, and KSA. Abu Dhabi, 12 March 2025 – Phoenix Venture Partners (“PVP”) announced on 19 February 2025 the successful second closing of its fund, Phoenix
TakamolVentures, a leading investor in emerging technologies, has announced its investment in Lean Technologies, the leading provider of open banking solutions in the Middle East. This investment is part of
The Public Investment Fund (PIF) has announced the launch of Al Wahah Duty-Free, Saudi Arabia’s first locally owned duty-free retail operator specializing in travel retail. The company aims to become a leader in
The Dubai Land Department (DLD) has signed a cooperation agreement with REACH to launch the “REACH Middle East” real estate accelerator program. The initiative aims to attract proptech (property technology)
Jahez International Company for Information Systems Technology has announced its consolidated annual financial results for the year ending December 31, 2024, with net profit increasing by 50% year-on-year to reach
The General Authority for Small and Medium Enterprises (Monsha’at) has announced that 5 Saudi startups have achieved unicorn status with valuations exceeding $1 billion, while 35 more startups are on
Spiritus, a U.S.-based climate technology company specializing in Direct Air Capture (DAC), has announced the closure of a $30 million Series A funding round led by Aramco Ventures, with participation
Ajras, a Saudi-based platform offering “Rent Now, Pay Later” solutions, has successfully closed a $1.5 million Pre-Series A funding round led by Veda Holding. Founded in 2022 by Muath Aljubailan, the company officially launched its services in 2023 and continues
KLAIM.AI, a UAE-based fintech company specializing in healthcare-focused financial solutions, has successfully closed a $10 million Series A funding round. The round was led by Mad’a Investment, with participation from
talabat, the leading online food delivery and shopping platform, has announced the completion of its acquisition of InstaShop for $32 million. The deal includes 100% of InstaShop’s shares, previously owned
Darwinbox, a global leader in HR technology solutions, has announced the closure of a $140 million funding round led by Partners Group and KKR, with participation from Gravity Holdings. Jayant
Deem Finance, a leading financial services company in the UAE, has secured asset-backed financing worth $400 million from JP Morgan. This financing aims to strengthen the company’s financial position and
LoftyInc Capital, a firm specializing in supporting startups, has announced the closure of its third investment fund, LoftyInc Alpha, at $43 million. The fund aims to invest in startups at
SC Ventures, the innovation and investment arm of Standard Chartered Bank, has signed a memorandum of understanding (MoU) with Visa to develop innovative solutions supporting small and medium enterprises (SMEs)
Saudi Venture Capital (SVC), an initiative of the Social Development Bank in Saudi Arabia, has announced its investment in the Artal Growth Opportunities Fund, managed by Artal Capital, a private
Salica Spring Studios, backed by Salica Investments and Oasis Fund of Funds, has announced a strategic investment in BILRS, a UAE-based company specializing in global bill payment solutions. Founded in
FORAS AI, a leading investor in innovative startups across the Middle East and North Africa, has announced the acquisition of a 36% stake in the Bahraini crowdfunding platform “Beban“, licensed
US-based fintech company Ramp has achieved a new valuation of 13 billion following a share sale worth 150 million to early investors and employees. The deal included both existing and
FanTV, a platform specializing in AI-driven content solutions on the Sui network, has announced the closure of its Series-A funding round, raising $8.5 million. This includes a new $3 million
Nana, a leading delivery and dark store platform, is preparing for a public listing in the near future, signaling its strong growth in the tech and logistics sector. The company
The Qatar Research, Development, and Innovation Council has launched a new grant titled “Business Development Grant for Startups” during the Qatar Web Summit 2025. The grant aims to support early-stage
Saudi gaming studio Lobah has secured $12 million in funding from the Social Development Bank (SDB) as part of SDB’s initiative to support the gaming and esports sector, aligning with
According to reports from Bloomberg, Ninja, a fast-moving consumer goods (FMCG) delivery company, is in talks to raise investments in a pre-IPO funding round at a valuation exceeding $1 billion.
California, USA – Anthropic, a leading artificial intelligence company, has announced the closure of its Series E funding round, raising $3.5 billion at a valuation of $61.5 billion. The funding
Egyptian startup Mrkoon has secured a new investment from A Ventures Group, increasing the group’s stake in the company from 20% to 28%. Founded in 2022 by Mohamed Shalabi, Ahmed
Riyadh, Saudi Arabia – The Saudi Public Investment Fund (PIF), valued at $925 billion, has temporarily suspended awarding consulting projects to PricewaterhouseCoopers (PwC) for one year, until February 2026. However,
The UAE’s “100 Future Companies” initiative, led by the Ministry of Economy and the Office of Government Development and the Future, unveiled its 2024 list of top startups during the
The Madinah Angels initiative has been launched in Medina through a collaboration between Value Makers Studio, Madinah Chamber of Commerce, and numu Angels Investment Community. The initiative aims to foster
Bahraini startup Lola Do, Inc., which offers a customizable cake-ordering and gifting service through its mobile app, has successfully closed a $1.3 million Pre-Seed funding round. The investment round saw
VastMenu, a Saudi company, has announced the closure of its first Pre-Seed investment round worth 5 million Riyals, led by the delivery service company “Mister Mandoub”. The company provides innovative
Ula (ula.me), an edtech company, has raised $28 million in a Series B funding round led by Ruya Growth Fund, with participation from Jordan Capital & Investment Fund and Foursan
Lite, a financial services solutions provider, has announced the closure of its $3.2 million Pre-Seed investment round, led by Scene Holding. The investment aims to expand the company’s operations and
AppliedAI has secured $55 million in a Series A funding round led by G42, with participation from Palantir, Bessemer Venture Partners, McKinsey, and Accrete Capital, bringing its pre-investment valuation to
Taager, a leading e-commerce company, has successfully closed a $6.75 million Pre-Series B funding round, led by Norrsken22, with participation from Endeavor, Beltone VC, RAED Ventures, BECO Capital, and Breyer
Unipal, an edtech startup, has closed its Pre-Series A funding round led by Plus VC, with participation from Aljazira Capital, RZM Investments, Falak Angels, Doha Tech Angels, and other angel
RasMal has announced the closure of its $4.8 million Pre-Series A investment round, led by Syndicate Holding Group. RasMal provides a platform for cap table management and corporate governance. The
Joa Capital has announced the launch of a new $80 million investment fund in partnership with Buildnow Trading, aimed at addressing the needs of the construction sector. Joa Capital invests
During the LEAP 2025 conference, Salesforce announced a $500 million investment in its Hyperforce platform to enhance its digital services and support customers in Saudi Arabia and the region. This
Databricks has announced a $300 million investment in Saudi Arabia to develop Platform as a Service (PaaS) solutions, providing advanced tools to empower developers in building data-driven and AI-powered applications.
Event Description Bridge Middle East Forum is an international forum that brings together startups, investors, government entities, and investment funds from the Middle East to explore and showcase investment opportunities
44.01, the Omani climate tech company, has announced securing an additional $5 million in a Series A investment round, bringing the total funding in this round to $42 million. The
Beltone Venture Capital Invests in Moroccan Startup LNKO to Expand in Africa. Beltone Venture Capital announced a strategic investment in the Moroccan startup LNKO, which specializes in eyewear and operates
Global accelerator Startup Wise Guys has announced the opening of applications for the “Future Built Assets Accelerator Program,” in partnership with the Saudi Authority for Real Estate and the National
The Middle East is undergoing a startup revolution, driven by innovation, digital transformation, and substantial investment from both the private and public sectors. With ambitious national strategies like Saudi Vision
Nabeeh, a platform specializing in providing maintenance and cleaning services to project owners, property owners, and operators, has announced securing an investment from Ibtikar Fund to help accelerate its expansion
UpLevel, a Saudi startup, has announced the closure of a Pre-Seed funding round supported by angel investors, with the investment amount undisclosed. The company offers innovative solutions to enhance professional
Biosapien, a biotech company, has successfully raised $7 million in a Pre-Series A funding round with the participation of Golden Gate Ventures, marking their first investment in the region. This
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