Latest
Startups
+4
Sep 2, 2025
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2 min read
Tunisia’s Addvocate.AI raises strategic investment from 216 Capital to scale AI sales platform
Founded in 2024 by Ridha Mami and Sofyan Chekir, the Franco-Tunisian company is building what it calls a “Sales Performance OS” – an AI-native platform that consolidates sales data, delivers behavioural nudges, and generates actionable insights to prepare teams for client meetings and unblock stalled deals.
Startups
+4
Sep 2, 2025
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2 min read
Saudi AI startup Intella raises $12.5M Series A to scale Arabic speech intelligence
Founded in Egypt in 2021 by Nour Taher (CEO) and Omar Mansour (CTO), Intella develops AI models designed for Arabic dialects, offering enterprise transcription, analytics, and customer engagement tools across more than 25 dialects.
Startups
+4
Sep 2, 2025
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2 min read
Dubai’s Seraya raises $1.8M seed to scale premium serviced apartments
Founded in October 2024 by Pepijn Haima and Ibrahim Shami, Seraya operates design-led, fully serviced apartments targeting the premium short-term rental segment.
Fintech
+4
Sep 1, 2025
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3 min read
YC-backed Munify raises $3M seed to build cross-border neobank for Egyptians abroad
Founded in 2025 by Khalid Ashmawy, Munify enables Egyptians abroad, particularly in the U.S., U.K., Europe, and the Gulf, to send money home instantly at lower cost, while offering residents in Egypt access to U.S. banking services such as accounts and cards using only a local ID.
Agritech
+5
Aug 28, 2025
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2 min read
Maalexi secures $20M shariah-compliant credit facility from Amwal Capital Partners to scale SME food trade
Founded in 2021 by Dr. Azam Pasha and Rohit Majhi, Maalexi connects small food and agricultural SMEs to cross-border trade by offering risk-mitigated solutions—such as AI-driven risk intelligence, digital contracts, IoT traceability, and blockchain-secured documentation.
SWFs
+5
Aug 28, 2025
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3 min read
Mistral eyes $1B raise as Gulf ties deepen with Sanabil, Damac, and potential backing from Mubadala, MGX, and PIF
The startup’s current Gulf investors include Saudi Arabia’s Sanabil and UAE’s Damac, with reported talks underway with Mubadala, Abu Dhabi’s new AI investment vehicle MGX, and potentially Saudi Arabia’s Public Investment Fund (PIF).
News
+2
Aug 26, 2025
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2 min read
VC React Podcast (Episode #48)
This week on VC React, we unpack Robinhood’s push into the GCC, ask whether global unicorns upend MENA’s copycat playbook or force founders to compete head-on, dissect Impact46’s gaming spree, probe Merak’s full-stack capital model, and debate whether Saudi developers should lead with local stories or go global first.
Startups
+3
Aug 25, 2025
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2 min read
Saudi Arabia’s Zetta Technologies raises $12M to scale Device-as-a-Service platform
Founded to simplify IT hardware access through subscription-based models, Zetta’s platform enables businesses to lease devices bundled with integrated software, lifecycle management, and support services.
Startups
+5
Aug 25, 2025
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2 min read
UAE proptech Holo raises $22M Series A to fuel Saudi and GCC expansion
Founded in 2020 by Michael Hunter and Arran Summerhill, Holo provides digital mortgage services, enabling buyers and homeowners to explore financing and refinancing options through its platform.
Gaming
+3
Aug 24, 2025
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2 min read
Impact46 invests $53M in Saudi gaming studio Kammelna
Kammelna has built a strong position in culturally rooted Saudi games, with Baloot and Jackaroo downloaded more than 6 million times and over 1 million monthly active users
Startups
+3
Aug 22, 2025
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3 min read
Rebellions establishes Saudi unit to supply Aramco AI centres
The Riyadh hub will act as an operational base to deliver Rebellions’ 5nm neural processing unit (NPU) products while also exploring partnerships with Saudi telecom and IT firms.
