Funding
China
+4
Jul 10, 2026
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2 min read
Abu Dhabi's BlueFive co-leads $3B round for China's Kling AI, the largest raise ever for a video model company
The round values Kuaishou's spun-out video-generation unit at $18B ahead of a planned Hong Kong listing, and puts the Abu Dhabi asset manager alongside Tencent, CITIC Securities and CPE as the only Middle East-based name among the co-leads of a record Chinese AI financing.
Funding
+3
Jul 10, 2026
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2 min read
Azraq raises oversubscribed pre-seed to price the risk behind the Gulf's data centre boom
The Abu Dhabi-based platform replaces the static, up-to-$1-million consultant reports underwriting data centre finance with continuous, lender-grade risk intelligence, and marks the first publicised graduate of the Utopia platform's co-build studio model.
Agritech
+3
Jul 3, 2026
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1 min read
Maalexi raises $2.8M led by Saudi insurer Tawuniya as it builds a tokenised agricultural exchange
The oversubscribed round brings the Tadawul-listed insurer onto the cap table of the UAE agri-fintech alongside returning lead Global Ventures, as Maalexi positions for a Series A and layers a regulated real-world asset exchange on top of its trade-verification platform.
Startups
+3
Jun 30, 2026
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3 min read
1001 raises $30M Series A led by Lux Capital to build sovereign AI for Gulf critical infrastructure
Eight months after its $9 million seed, 1001 has more than tripled its raise, backing its pitch to build AI that helps operators run critical infrastructure like airports, ports and energy grids.
Funding
+4
Jun 24, 2026
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2 min read
Abu Dhabi's MGX raises close to $50B in one of the largest AI funds ever
The firm has assembled a portfolio spanning frontier models, semiconductor infrastructure and data centres, with stakes including OpenAI and xAI.
Oman
+4
Jun 23, 2026
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2 min read
Oman's Phaze Ventures backs Metal, the AI fundraising startup from Airlift founder Usman Gul
Metal sells software to help founders run the fundraising process, built by Usman Gul, whose previous company, the grocery-delivery startup Airlift, raised Pakistan's largest-ever round before collapsing in 2022.
Fintech
+4
Jun 18, 2026
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1 min read
Sovra raises $2M+ pre-seed led by Pharsalus Capital to build a self-custodial dollar account for MENA
The round drew angel cheques from the likes of Ramp founder Karim Atiyeh and Lean Technologies founder Hisham Al-Falih, backing a platform that holds user balances in USDC outside the conventional banking system.
Startups
+4
Jun 16, 2026
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1 min read
UAE's CNTXT AI closes $60M Series A co-led by AI71 and BlueFive Capital to scale sovereign AI infrastructure
The round is led in part by AI71, the Abu Dhabi applied-AI company that acquired founder Mohammad Abu Sheikh's previous venture and now returns as an investor, and lands weeks after CNTXT AI's acquisition of Gulf-dialect voice startup Actualize.
Morocco
+3
Jun 11, 2026
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1 min read
Morocco's Agenz raises $5M seed co-led by Breega, Attijariwafa Ventures and Saviu to digitise property transactions
The oversubscribed round marks Paris-based Breega's first investment in Morocco and brings the corporate venture arm of North Africa's largest bank onto the cap table of a platform drawing more than 730,000 monthly visits.
Fintech
+3
Jun 11, 2026
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1 min read
Egypt's Blnk raises $37.1M in equity and debt to expand point-of-sale consumer financing
The package comprises a $12.5 million Series A led by Algebra Ventures and $24.6 million in local debt facilities, and follows the company reaching profitability in 2025 on the back of a 173% year-on-year revenue increase.
Startups
+4
Jun 2, 2026
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2 min read
Ex-talabat chief Tomaso Rodriguez to lead $250M autonomous delivery venture CargoX
The funding round, led by Abu Dhabi's BlueFive Capital, reunites Rodriguez with the delivery sector seven months after he stepped down as talabat chief executive, and follows BlueFive's record $230m seed into the Islamic digital bank Mal in January.
SaaS
+3
May 22, 2026
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2 min read
UAE-founded Fresha reaches unicorn status with $80M KKR investment as beauty platform hits $15B in annual transactions
Founded by William Zeqiri and Nicholas Miller, Fresha provides booking, payments, point-of-sale, marketing and business management tools to over 130,000 beauty and wellness businesses across 120 countries.
Startups
+4
May 20, 2026
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1 min read
RemotePass raises $17.4M Series B led by EBRD as global employment platform expands into Europe and the US
Founded in late 2020 by Kamal Reggad and Karim Nadi, RemotePass enables businesses to onboard, manage and pay employees and contractors in more than 150 countries.
Foodtech
+3
May 18, 2026
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1 min read
Dubai's Peekabox raises $1.5m Seed round to sell surplus food from major F&B brands
The company has signed partnerships with 20 brands whose combined UAE store network exceeds 1,000 locations, including Carrefour, Costa Coffee, Tim Hortons, Dunkin', Krispy Kreme, and Paul.
Startups
+4
May 15, 2026
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1 min read
Saudi-based Aumet raises $12M Series A led by Emkan Capital to scale AI procurement platform
The platform processes over $1B in GMV annually, connecting over 12,000 pharmacies across Jordan, Egypt and Saudi Arabia with more than 1,000 pharmaceutical suppliers.
Startups
+4
May 15, 2026
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1 min read
TruKKer secures up to $300M facility from ADCB as digital freight network unlocks institutional bank financing
Founded in 2016 by Gaurav Biswas, TruKKer connects more than 60,000 transporters with over 1,200 enterprise clients across 40 countries.
Fintech
+4
May 15, 2026
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1 min read
Stream raises $5.2M seed extension led by BECO Capital, bringing total seed funding to $9.2M in under six months
The fintech company builds billing and payments infrastructure that consolidates invoicing, recurring payments, reconciliation and cash flow tracking into a single platform.
Fintech
+4
May 14, 2026
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1 min read
Saudi fintech Stitch raises $25M Series A led by Andreessen Horowitz in the firm's first GCC investment
The round brings Stitch's total funding to $35 million as the Riyadh-based financial infrastructure platform reports $5 billion transacted in the past six months.
Morocco
+5
May 8, 2026
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1 min read
Moroccan founders raise $5.5m pre-seed from Heartcore and Balderton for AI platform compressing real estate development timelines
Founded by Mehdi Rais and Amine Chraibi, who met through Entrepreneur First's Bridge programme in Germany and became one of the fastest teams in EF's history to receive IC approval.
Startups
+4
May 8, 2026
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1 min read
Saudi early-stage VC Khwarizmi Ventures closes Fund II first close at $70M
Fund II will invest $1 million to $5 million initial cheques into seed and Series A startups across the GCC, up from the $500,000 to $2 million range in Fund I.
Fintech
+3
May 6, 2026
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2 min read
Mubadala leads $15m Series A for UAE embedded finance lender CredibleX
Founded in 2023 by Anand Nagaraj, Ahmad Malik and Hassan Reda, CredibleX is an ADGM-regulated lender that provides SMEs with working capital through revenue-based financing, receivables financing and payable financing via an embedded, API-enabled platform.
Contech
+3
Apr 29, 2026
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1 min read
Saudi's BRKZ lands investment from SIDF's investment arm as supply chain platform eyes cloud manufacturing
The investment will accelerate BRKZ's evolution from a procurement digitisation platform into what the company calls cloud manufacturing.
Fintech
+4
Apr 27, 2026
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1 min read
Dubai's Comfi raises $65M pre-Series A in equity and debt to scale B2B buy now, pay later across MENA
The company offers a B2B buy now, pay later product that allows SME suppliers to provide up to 90-day payment terms to their business customers while receiving payment themselves within 24 hours.
