Funding
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.
Foodtech
+4
Apr 27, 2026
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1 min read
Bahrain's Lola raises $3M seed to bring cake production in-house as custom orders scale across GCC
Founded in September 2023 by Othman Janahi, Lola enables users to design and order fully customised cakes through a mobile app in under a minute, choosing from thousands of designs, colours and combinations.
Jordan
+5
Apr 24, 2026
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2 min read
Jordan's Tamatem acquires Istanbul's Playable Factory, discloses $10M funding round
The acquisition integrates ad tech into what was previously a content, distribution and payments business, moving Tamatem toward controlling the full stack from game localisation through to player acquisition and monetisation.
SaaS
+3
Apr 20, 2026
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1 min read
Signit raises $15m Series A to build AI-powered contract management for Saudi government and enterprise
Founded in 2021 by Mohamed El Abbouri, the company built its initial business around a digital signature platform designed specifically for the Saudi market.
Startups
+5
Apr 13, 2026
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4 min read
Golden Gate Ventures backs $2B AI infrastructure firm Invisible Technologies as it targets GCC enterprise deployments
Invisible, founded in 2015, claims to have trained data and models for more than 80% of the world's leading foundation model labs and counts Microsoft, AWS and Cohere among its enterprise clients.
Fintech
+4
Apr 7, 2026
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3 min read
Egypt's Lucky raises $23m Series B to scale consumer credit and expand into North Africa
The new capital will fund expansion of its credit product suite, entry into select North African markets and infrastructure investment.
Funding
+3
Apr 2, 2026
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5 min read
Abu Dhabi's MGX co-leads as OpenAI closes $122B round at $852B valuation
The co-lead position represents a deepening of a relationship that began in October 2024, when MGX participated in OpenAI's $6.6 billion Series E.
Startups
+5
Mar 31, 2026
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4 min read
Egyptian-American founder Will Ahmed's Whoop raises $575m at $10.1bn valuation with QIA, Mubadala and 2PointZero all participating
Whoop now has over 2.5 million members globally, was cash flow positive in 2025 and doubled bookings year on year to a $1.1 billion run rate.
Startups
+4
Mar 26, 2026
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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.
Sudan
+4
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.
Startups
+4
Mar 25, 2026
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3 min read
Saudi edtech GAGA raises $2.5m pre-Series A led by Abu Dhabi's Phoenix Venture Partners
The platform offers more than 1,000 live programmes across over 200 subjects, combining academic and skill-based learning through real-time teacher-student interaction.
Fintech
+3
Mar 16, 2026
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5 min read
Exclusive: Kudwa closes $1.1M for AI-powered finance platform with backing from MENA, US and UK investors
The round, backed by 1818 Venture Capital, F6 Ventures, and Sparked VC, will fund product development and multi-geography GTM expansion.
Jordan
+4
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.
Startups
+4
Feb 19, 2026
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3 min read
Saudi Arabia's HUMAIN invested $3B in Musk's xAI before SpaceX acquisition, now holds SpaceX shares
The PIF-owned AI company's stake converted into SpaceX equity following the merger, making HUMAIN a significant minority shareholder in Musk's space business.
Startups
+3
Feb 17, 2026
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3 min read
Dubai's Stake raises oversubscribed $31M Series B led by Emirates NBD to scale fractional real estate investing globally
Mubadala's MENA Venture Capital Fund, MEVP, Property Finder, STV, Wa'ed Ventures, GFH Partners, and Ellington Properties also participated in the oversubscribed round.
Startups
+4
Feb 16, 2026
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3 min read
Egypt's Breadfast raises $50M pre-Series C backed by Mubadala, Saudi's Olayan family, Y Combinator, and IFC
Founded nine years ago as a fresh bread delivery service in Cairo, Breadfast was valued at approximately $382 million as of mid-2025 and plans to follow this round with a larger Series C in the first half of 2026.
