Logistics
News
+2
Sep 11, 2026
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2 min read
UAE leads $3B Boring Company round at $23B valuation as Musk expands tunnel plans beyond Dubai
The funding roughly quadruples the tunnelling company’s valuation since 2022 and comes with plans for more than 150km of additional underground infrastructure across the UAE.
Startups
+4
Sep 3, 2026
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1 min read
Sirdab raises $10M Series A from Elm and BECO to expand Saudi logistics platform across GCC
The profitable Saudi logistics startup has grown revenue 20x since Y Combinator and now connects more than 850 businesses to a network of 120+ warehouses and 60+ transport providers.
VC
+2
Aug 5, 2026
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2 min read
Moove raises $250M at $2.1B led by Abu Dhabi's Mubadala to build the depot layer for robotaxis
The Dubai-headquartered company's valuation is 2.8x the $750 million it commanded in its $100 million round Uber led in 2024.
News
+2
Jul 27, 2026
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1 min read
Egypt's Fincart raises $2.8M seed to take its e-commerce operations platform across MENA and Africa
The oversubscribed round is co-led by Launch Africa and Antler MENAP, backing a platform that connects merchants to more than 40 couriers and lends against their sales data.
Analysis
+2
Jun 10, 2026
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18 min read
Does CargoX's $250M bet on drone delivery in the Gulf make sense?
The man who rang the bell on Talabat's $10B IPO is back with a $250M warchest. We piece together what CargoX actually is, where in the delivery chain the economics genuinely work, and dig into the UAE's regulatory tailwinds.
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.
