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Funding

Startups

+4

Egypt’s Nawah Scientific raises $23M Series A as it marks a decade in deeptech labs

Dec 19, 2025

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2 min read

Egypt’s Nawah Scientific raises $23M Series A as it marks a decade in deeptech labs

Founded in 2015 by Omar Shokry Saqr, Nawah operates a cloud lab model that allows researchers and companies to access advanced scientific and industrial testing services remotely.

Jamie Lane
Jamie Lane

Startups

+3

Egypt’s iVoiceUp raises funding led by A15 to scale AI-powered whistleblowing platform across MENA

Dec 17, 2025

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3 min read

Egypt’s iVoiceUp raises funding led by A15 to scale AI-powered whistleblowing platform across MENA

The Cairo-founded ethics and compliance startup will use the new capital to expand in Egypt, Saudi Arabia and the UAE, and roll out advanced AI-driven case management and anonymity features for enterprises.

Jamie Lane
Jamie Lane

Algeria

+3

Algerian traveltech VOLZ raises $5m Series A in country’s largest local-currency startup round

Dec 17, 2025

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3 min read

Algerian traveltech VOLZ raises $5m Series A in country’s largest local-currency startup round

The Algiers-based startup, which enables flight bookings in dinars via online payments or cash on delivery, plans to deepen its domestic footprint and expand across North and West Africa following a landmark raise led by Tell Group-backed investors.

Jamie Lane
Jamie Lane

Saudi Arabia

+3

Noon raises $500m from PIF-backed investors as Middle East e-commerce giant eyes IPO

Dec 12, 2025

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3 min read

Noon raises $500m from PIF-backed investors as Middle East e-commerce giant eyes IPO

Founded in 2016, noon launched with the PIF holding a 50% stake and investors led by Alabbar owning the remainder.

Jamie Lane
Jamie Lane

Startups

+5

UAE proptech Byit Capital raises $1.1M to scale its agent-first brokerage model across the Gulf

Dec 9, 2025

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2 min read

UAE proptech Byit Capital raises $1.1M to scale its agent-first brokerage model across the Gulf

Backed by A15, Beltone Holding and angels, Byit plans rapid expansion into Saudi Arabia after growing its network to more than 40,000 freelance brokers.

Jamie Lane
Jamie Lane

Startups

+3

UAE renovation-tech startup Reno raises $4M to expand its end-to-end home upgrade platform across the GCC

Dec 5, 2025

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2 min read

UAE renovation-tech startup Reno raises $4M to expand its end-to-end home upgrade platform across the GCC

Backed by Sanabil 500, Hub71 and Plus VC, Reno will use the new capital to scale its renovation operating system, launch an AI-powered design app and grow its footprint across Gulf markets.

Jamie Lane
Jamie Lane

Startups

+3

Lebanese founder Tarek Mansour’s Kalshi raises $1B at an $11B valuation as prediction markets go mainstream

Dec 4, 2025

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3 min read

Lebanese founder Tarek Mansour’s Kalshi raises $1B at an $11B valuation as prediction markets go mainstream

The latest round was led by Paradigm, with participation from Sequoia Capital, Andreessen Horowitz, CapitalG and several returning investors.

Jamie Lane
Jamie Lane

Fintech

+3

Zazu raises $1M pre-seed to build a Mercury-style financial operating system for African SMEs

Dec 4, 2025

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3 min read

Zazu raises $1M pre-seed to build a Mercury-style financial operating system for African SMEs

Zazu is targeting what economists call Africa’s “missing middle”: the continent’s 50 million SMEs that sit between micro-entrepreneurs served by mobile money and large enterprises supported by commercial banks.

Jamie Lane
Jamie Lane

Startups

+3

Egypt’s Rology raises growth round from Philips Foundation, J&J, Sanofi and MIT Solve to scale AI-enabled teleradiology

Dec 3, 2025

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2 min read

Egypt’s Rology raises growth round from Philips Foundation, J&J, Sanofi and MIT Solve to scale AI-enabled teleradiology

The Cairo startup, which acquired Saudi Arabia’s Arkan United last year, will use the funding to expand access to rapid, AI-driven radiology across MEA and strengthen its position in Saudi Arabia.

Jamie Lane
Jamie Lane

Startups

+4

Saudi cybersecurity startup COGNNA raises $9.2M Series A to scale AI-led security operations

Dec 3, 2025

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3 min read

Saudi cybersecurity startup COGNNA raises $9.2M Series A to scale AI-led security operations

Impact46 doubles-down as COGNNA pushes into global markets with its agentic SOC platform, promising faster threat detection and lower security operations costs.

Jamie Lane
Jamie Lane

Fintech

+4

Saudi-based Erad secures $125M facility from Jefferies and Channel to scale embedded SME finance across the GCC

Nov 27, 2025

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3 min read

Saudi-based Erad secures $125M facility from Jefferies and Channel to scale embedded SME finance across the GCC

The capital will expand erad’s embedded finance solutions into new B2B verticals including manufacturing, logistics, distribution and real estate services, with financing ticket sizes of up to SAR 10 million.

Jamie Lane
Jamie Lane

Contech

+3

Buildroid AI emerges from stealth with $2M pre-Seed led by Tim Draper to deploy AI robotics in UAE construction

Nov 25, 2025

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2 min read

Buildroid AI emerges from stealth with $2M pre-Seed led by Tim Draper to deploy AI robotics in UAE construction

The startup, founded by the builders behind Mighty Buildings and Glance Clock, is piloting its first block-laying robot and targeting the UAE’s $42.75 billion construction market.

Jamie Lane
Jamie Lane

Startups

+4

Strataphy raises $6M Seed to develop geothermal cooling systems for data centres and industrial infrastructure

Nov 25, 2025

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2 min read

Strataphy raises $6M Seed to develop geothermal cooling systems for data centres and industrial infrastructure

Outliers VC leads investment to scale subsurface-powered cooling technology across Saudi Arabia and the UAE.

Jamie Lane
Jamie Lane

Startups

+3

Founders Fund leads $11.7M Series A in Mnzil, marking its first lead investment in Saudi Arabia

Nov 25, 2025

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2 min read

Founders Fund leads $11.7M Series A in Mnzil, marking its first lead investment in Saudi Arabia

The US firm, known for backing SpaceX, Airbnb and OpenAI, will support Mnzil’s expansion of workforce housing solutions across the GCC.

Jamie Lane
Jamie Lane

Startups

+3

Kingpin raises $3.5M Seed to scale AI-native B2B retail platform globally

Nov 21, 2025

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2 min read

Kingpin raises $3.5M Seed to scale AI-native B2B retail platform globally

The UAE-based startup will expand from the Middle East into Europe and North America as it builds AI-powered infrastructure for global distribution.

Jamie Lane
Jamie Lane

Saudi Arabia

+3

HUMAIN leads Luma AI’s $900M Series C to train multimodal AGI using 2GW Saudi supercluster

Nov 20, 2025

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2 min read

HUMAIN leads Luma AI’s $900M Series C to train multimodal AGI using 2GW Saudi supercluster

Funding led by HUMAIN will accelerate development of frontier “World Models” as Luma positions to scale real-world AI across robotics, enterprise, entertainment, and regional customisation.

Jamie Lane
Jamie Lane

Saudi Arabia

+3

Saudi fractional real estate platform Ghanem raises $7.1M from Al-Romaih Group

Nov 19, 2025

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2 min read

Saudi fractional real estate platform Ghanem raises $7.1M from Al-Romaih Group

The newly launched startup aims to expand access to property investment through a regulated fractional ownership model.

Jamie Lane
Jamie Lane

Healthtech

+3

Nabta Health raises $2M pre-Series A to scale AI-powered women’s health platform

Nov 19, 2025

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2 min read

Nabta Health raises $2M pre-Series A to scale AI-powered women’s health platform

The UAE-based startup brings total funding to USD 4.5 million as it accelerates a hybrid care model spanning digital, at-home and in-clinic services across MEA.

Jamie Lane
Jamie Lane

Startups

+3

Irish firm Quintas Capital invests $18 million in UAE e-commerce business Petal Group

Nov 11, 2025

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2 min read

Irish firm Quintas Capital invests $18 million in UAE e-commerce business Petal Group

The deal marks Quintas Capital’s first managed equity investment as it eyes cross-border growth across the Irish–Middle Eastern corridor.

Jamie Lane
Jamie Lane

Startups

+3

Bonat raises $6M Series A to expand its AI-powered customer engagement platform across Saudi and the GCC

Nov 4, 2025

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2 min read

Bonat raises $6M Series A to expand its AI-powered customer engagement platform across Saudi and the GCC

Founded in 2019 by Saud Binsaeed, Bonat helps merchants turn walk-ins into loyal customers using AI-driven analytics, behaviour-based marketing, and digital wallet integrations.

Jamie Lane
Jamie Lane

Fintech

+4

Tabby hits $4.5B valuation in secondary share sale backed by HSG and Boyu Capital

Oct 29, 2025

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2 min read

Tabby hits $4.5B valuation in secondary share sale backed by HSG and Boyu Capital

The deal comes just months after Tabby’s $160 million Series E in February 2025, which valued the company at $3.3 billion

Jamie Lane
Jamie Lane

Contech

+4

BRKZ secures $30M growth debt from Stride Ventures to expand financing infrastructure in Saudi construction

Oct 28, 2025

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2 min read

BRKZ secures $30M growth debt from Stride Ventures to expand financing infrastructure in Saudi construction

The new facility follows its $17 million Series A extension in February and brings total capital raised to over $52 million.

Jamie Lane
Jamie Lane

Startups

+3

Property Finder secures $250M in debt financing; backs fractional real estate platform Stake

Oct 23, 2025

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1 min read

Property Finder secures $250M in debt financing; backs fractional real estate platform Stake

Thecommitment from Ares Credit Funds will be used to accelerate regional expansion and product innovation, with spend earmarked for AI-driven solutions, marketing, branding, and strategic partnerships.

Jamie Lane
Jamie Lane

Startups

+4

CADO raises $4.5M pre-seed to expand gifting platform into Saudi Arabia and New York

Oct 21, 2025

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1 min read

CADO raises $4.5M pre-seed to expand gifting platform into Saudi Arabia and New York

Founded in 2019 by Leila Al Marashi, CADO combines creativity, logistics, and technology to modernise corporate gifting, with the goal of making it more intelligent and emotionally meaningful.

Jamie Lane
Jamie Lane

Saudi Arabia

+3

Saudi Web3 startup Astra Nova secures $48.3M to expand creator platforms globally

Oct 21, 2025

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2 min read

Saudi Web3 startup Astra Nova secures $48.3M to expand creator platforms globally

Founded by Muhamed Ashhar and Faizy Ahmed, Astra Nova develops tools that allow creators to launch interactive blockchain-based experiences without technical expertise.

Jamie Lane
Jamie Lane
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