Emirates Development Bank (EDB) has announced the launch of new financing solutions worth USD 136 million aimed at supporting startups and micro, small, and medium-sized enterprises (MSMEs) as part of […]
Touché Privé, the Turkish-born modest fashion powerhouse redefining contemporary style and self-expression for women worldwide, has successfully raised USD 5 million in a growth round led by Amplify Growth Partnership.
Tadawulcom Real Estate, a licensed PropTech platform regulated by the Real Estate Authority, has announced the successful closure of a $400,000 Seed funding round led by an angel investor. According
Saudi-based Bwatech, a leading company in fintech solutions for businesses, has successfully closed a $16 million investment round, led by Sharaka Financial, as part of its ambitious plans to accelerate
Armoir, the UAE-born luxury luggage brand inspired by the heritage of French wardrobe trunks, today announced the successful close of a $500K seed funding round, led by Salica Oryx Fund
FOSTER CITY, Calif., Sept. 10, 2025 /PRNewswire/ — Replit, the fastest-growing agentic AI software creation platform, today announced the closing of its $250 million Series C funding round, valuing the
Berlin – Germany-based startup Born, which specializes in AI-powered social applications, has secured a $15 million investment round led by Laton Ventures from Turkey, alongside Tencent and Accel. Laton Ventures
In a significant move to elevate digital shopping experiences, urpay, part of neoleap, has entered into an exclusive strategic partnership with DigiZag, one of the region’s leading digital marketing networks.
Robinhood Markets Inc. (NASDAQ: HOOD), the U.S.-based neobroker behind the popular trading app, has applied for a Category 4 license from the Dubai Financial Services Authority (DFSA). Once approved, the
Manama, Bahrain – August 17, 2025 – Spring Ventures Services, supported by Tamkeen, has announced the launch of the 9th cohort of the “Rise: Fundraising Program”, an intensive two-week training
Riyadh, Saudi Arabia – August 17, 2025 – Fahy Studios, a rising Saudi game development studio, has secured a strategic investment of $1.75 million from Impact46 and Merak Capital. This
The Ministry of Communications and Information Technology, through its Digital Entrepreneurship Center CODE, has officially launched the fifth edition of the “Tech Champions” program, targeting entrepreneurs and early-stage startups operating
The Dubai Land Department (DLD) has announced a strategic partnership with Second Century Ventures to launch REACH Middle East, an eight-month accelerator program designed to support high-potential proptech startups. Backed
Saudi-based open finance infrastructure provider Spare has received in-principle approval from the Central Bank of the UAE (CBUAE) to be licensed for open finance operations in the UAE. This positions
The Public Investment Fund (PIF) has retained its position as the world’s most valuable sovereign wealth fund brand for the second consecutive year, according to Brand Finance’s 2025 report. The
Ramp, the US-based financial technology company, announced the successful close of its $500 million Series E-2 funding round, bringing its valuation to $22.5 billion, according to a statement released Wednesday.
Sanabil Investments, a wholly owned company by the Public Investment Fund (PIF), has announced the launch of Sanabil Founder University by LAUNCH, in partnership with early-stage investor Jason Calacanis‘ firm
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
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
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
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
Electric mobility startup Kazam has secured Rs 51 Cr (~$6 Mn) in its Series B round led by Vertex Ventures, with participation from Avaana Capital and Chakra Growth Capital. A regulatory filing confirmed Kazam’s issuance of 36,410 Series B shares at $165.06 per
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
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
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
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
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%
Saudi e-commerce startup “Ziadah,” specializing in innovative e-commerce solutions, has successfully closed a seed funding round led by an angel investor, with undisclosed financial details. Founded in 2024 by entrepreneurs
Riyadh, Saudi Arabia – Saudi Arabia-based digital health platform Kilow has successfully raised USD 2.5 million in seed funding, led by Sanabil Venture Studio by Stryber, a subsidiary of Sanabil
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
BloomPath, a US-based SaaS startup powered by artificial intelligence, has successfully closed its $1.3 million pre-seed funding round, led by Raed Ventures, with participation from Ulu Ventures, Wamda Capital, Plus
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
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
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,
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
Metric, the AI‑driven fintech company, has closed a seven‑figure seed funding round to expand its offerings across the Gulf region and Asia. The round was led by Sanabil 500 Global,
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
The Information Technology Industry Development Agency (ITIDA) has kicked off the inaugural edition of its Invest‑IT program in collaboration with Flat6Labs, featuring pitches from 15 Egyptian tech startups across the
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
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
ORA Technologies, a Moroccan-based startup, has successfully closed a $1.9 million Pre-Series A funding round led by Witamax and Azur Innovation Management. This brings the company’s total local funding to
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
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
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
Libya-based Alkremeya, a pioneering B2B e-commerce platform for the grocery supply chain, has officially launched operations with a vision for regional growth. Founded in 2023 by Abdurrahman Ejdier and Fasih
Over the past decade, the Arab world has witnessed a surge in startups, driven by increased investment, accelerator programs, and government initiatives aimed at fostering a digital economy. However, a
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
Torod, a Saudi-based logistics startup, has successfully raised 42 million SAR in its Series A funding round. The round saw participation from prominent investors, including Wa’ed Ventures, Elm, Impact46, Hala
WideBot, a Riyadh-based AI solutions startup, announced raising $3 million in a Pre-Series A investment round, led by Khailan Asset Management backed by Al-Wafra II, Enza Capital, and DisrupTech Ventures.
Saudi-based BRKZ, a construction tech startup, announced the closure of its $17 million Series A funding round, bringing its total funding to $22.5 million. The round saw participation from key
Event Description Innovation & Leadership Breakfast is a monthly gathering that brings together tech startup leaders, investors, and industry experts to discuss the latest innovations and leadership strategies in 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
Once upon a time, a young entrepreneur had a groundbreaking idea. He pitched it to investors, secured a million-dollar seed round, and the world celebrated him as the next big
There’s no doubt that artificial intelligence (AI) is reshaping industries worldwide, from e-commerce and healthcare to finance and logistics. But for startups, AI presents a critical question: Is it an
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
Foundation Ventures, the Egyptian venture capital firm, has announced the launch of its second investment fund, FVFII, with an initial funding of $25 million to support startups in Egypt and
Egyptian startup Simplex CNC, specializing in innovative CNC machine manufacturing, signed a memorandum of understanding with the Saudi National Industrial Development Center to establish its first factory in Riyadh with
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
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