Funding
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.
Fintech
+4
Feb 16, 2026
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2 min read
Saudi energy fintech Cashin raises $16M Series A led by Impact46 to digitise fuel station operations
Founded in 2021 by Omar Al-Rumh, Abdulkarim Zureik, and Obay Al-Madhi, Cashin previously raised a $1.6M seed round led by Mine Investor with participation from BIM Ventures.
Startups
+3
Feb 13, 2026
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2 min read
UAE proptech Smart Bricks raises $5M pre-seed led by a16z to build AI infrastructure for global real estate investing
Founded in 2024 by Mohamed Mohamed, the company is also backed by Techstars, 500 Global, Cornerstone VC, and angel investors from OpenAI, Anthropic, DeepMind, Airbnb, and Blackstone.
Startups
+5
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.
Fintech
+4
Feb 9, 2026
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3 min read
Saudi spend management platform SiFi raises $20M Series A led by Ra’ed Ventures
The round also saw participation from a mix of global and regional investors including QED Investors, Breyer Capital, MEVP, Sanabil Investments, Khawarizmi Ventures, SEEDRA Ventures, Rua Growth Fund, anb capital, and Tech Invest Com.
Fintech
+4
Feb 9, 2026
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2 min read
InvestSky raises $4M seed round, enters Saudi Arabia with CMA license and anb Capital partnership
The seed round was backed by Emkan Capital, Run Ventures, S3 Ventures (by Joa Capital), and the Al-Romaizan Family Office, bringing total funding raised to $7.4 million.
Startups
+3
Feb 9, 2026
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3 min read
Safqah Capital raises $15.2M in one of the Kingdom’s largest ever Seed rounds to build real estate development backbone
The round was led by Shorooq, anb Seed Fund, and Rua Growth Fund, with participation from Sharaka Capital, COTU Ventures, Sadu Capital, 500 Global, Suhail Ventures, MEVP, Waad Invest, JOA Capital, and others.
Startups
+4
Feb 4, 2026
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3 min read
Qureos raises $5m seed round to cut hiring timelines from months to days
The round was led by Prosus Ventures and Salica Oryx Fund, with participation from Oraseya Capital, Plus VC, F6 Ventures, BDev Ventures, Sunny Side Venture Partners, and existing investors COTU Ventures and Globivest.
Funding
+4
Feb 2, 2026
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3 min read
Shorooq launches $200m late-stage growth fund backed by QIA
The fund is backed by Qatar Investment Authority alongside other sovereign and institutional investors from the GCC and Asia, with the launch announced at Web Summit Qatar.
Fintech
+4
Jan 29, 2026
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2 min read
PayLater secures $10M seed in one of Qatar’s largest early-stage fintech rounds
The round was led by LuLu Alternative Investments, with strategic participation from Qatar Development Bank and KBN Holding, alongside a group of angel investors.
Morocco
+4
Jan 28, 2026
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3 min read
Yakeey raises $15M in Morocco’s largest proptech Series A to date
The round was backed by Enza Capital, alongside the International Finance Corporation, Egypt’s Beltone Venture Capital, and Morocco’s state-backed CDG Invest.
Startups
+4
Jan 27, 2026
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4 min read
Property Finder secures $170M in new funding led by Mubadala and BECO Capital
The round follows $525 million invested in 2025 by funds advised by Permira, with significant participation from Blackstone Growth.
Startups
+4
Jan 27, 2026
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2 min read
Dubai-based Mantas raises $1.77M Seed to tackle cloud downtime risk with parametric insurance
The round includes participation from Nuwa Capital, Suhail Ventures, Plus VC, OQAL Angel Syndicate, and a group of angel investors.
Fintech
+4
Jan 26, 2026
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2 min read
Vennre raises $9.6M pre-Series A to expand private market access in Saudi Arabia
Backed by Vision Ventures and anb seed Fund, the wealth creation platform targets the region’s HENRY segment with curated private equity, real estate, and Sharia-compliant investment access.
Startups
+5
Jan 22, 2026
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3 min read
Applied AI raises pre-Series B from Mubadala and Arbor Ventures to scale enterprise workflow platform
The investment comes just months after Applied AI raised a $55 million Series A at a reported $300 million pre-money valuation in February 2025.
Jordan
+4
Jan 22, 2026
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4 min read
Breez AI raises $1.3M pre-seed to build enterprise grade voice AI infrastructure
The round was led by Wamda Capital and anchored by early supporter FENA Holdings alongside DASH Ventures, with participation from a group of strategic angel investors.
Jordan
+3
Jan 21, 2026
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3 min read
Jordanian founder Mo Gharbat’s Open raises $7M co-led by Y Combinator to scale AI-native enterprise support across the GCC
The round was led by Y Combinator and X by Unifonic, with participation from Shorooq and Sadu Capital. Open is part of Y Combinator’s Winter 2024 batch and is incorporated in Delaware.
Agritech
+4
Jan 21, 2026
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4 min read
Grove raises $5M seed to build vertically integrated fresh-produce supply chain in Saudi Arabia
Founded in 2024 by Mohammed bin Ghanam and Ayman AlFifi, Grove operates as a consumer-facing fresh-produce brand built on a vertically coordinated, technology-enabled supply chain
