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Diaspora

Startups

+4

Lebanese founder Tarek Mansour's Kalshi valued at $22B after latest $1B round

Mar 26, 2026

•

5 min read

Lebanese founder Tarek Mansour's Kalshi valued at $22B after latest $1B round

The round marks the third time in under a year that Kalshi's valuation has roughly doubled, from $5 billion earlier in 2025 to $11 billion in December to $22 billion now.

Jamie Lane
Jamie Lane

Sudan

+4

Scalvy, founded by Egyptian and Sudanese engineers, raises $13.9m Series A co-led by Silicon Badia to solve AI's power bottleneck

Mar 26, 2026

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4 min read

Scalvy, founded by Egyptian and Sudanese engineers, raises $13.9m Series A co-led by Silicon Badia to solve AI's power bottleneck

The company serves over 350 enterprise clients and has processed more than $2 billion in transaction volume across the UAE and Saudi Arabia.

Jamie Lane
Jamie Lane

Fintech

+2

Ramp, the $32B fintech co-founded by Lebanese entrepreneur Karim Atiyeh, acquires Billhop to expand into UK and Europe

Mar 20, 2026

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4 min read

Ramp, the $32B fintech co-founded by Lebanese entrepreneur Karim Atiyeh, acquires Billhop to expand into UK and Europe

Ramp, which combines corporate cards, expense management, vendor payments, procurement, travel booking and automated bookkeeping into a single platform, currently processes over $100 billion in purchases annually and serves more than 50,000 businesses.

Jamie Lane
Jamie Lane

Jordan

+4

Jordanian founder Amjad Masad's Replit triples valuation to $9B, as it targets $1B in ARR by year-end

Mar 12, 2026

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3 min read

Jordanian founder Amjad Masad's Replit triples valuation to $9B, as it targets $1B in ARR by year-end

The AI developer platform, founded in 2016 by Masad alongside Faris Masad and Haya Odeh, has raised a $400M Series D led by Georgian, with Qatar's QIA among the backers.

Jamie Lane
Jamie Lane

Startups

+5

Libyan-born founder Abdel Mahmoud's Anterior raises $40M, bringing total funding to $64M for AI-powered clinical review platform

Feb 12, 2026

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3 min read

Libyan-born founder Abdel Mahmoud's Anterior raises $40M, bringing total funding to $64M for AI-powered clinical review platform

Backed by Sequoia Capital, NEA, FPV Ventures, and Kinnevik, the company now supports organisations covering 50 million lives across major US health plans.

Jamie Lane
Jamie Lane

Data

+5

The MENA Diaspora 50

Oct 29, 2025

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29 min read

The MENA Diaspora 50

Meet 50 of the world’s highest-potential tech startups led by MENA diaspora founders.

Jamie Lane
Jamie Lane

Learn what matters in MENA startups and VC

Join 5,700+ founders and investors from MENA’s leading companies

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