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Startups

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

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

Fintech

+4

CoinMENA acquired by Paribu in up to $240M deal, marking Türkiye’s largest fintech transaction

Dec 5, 2025

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3 min read

CoinMENA acquired by Paribu in up to $240M deal, marking Türkiye’s largest fintech transaction

The Turkish crypto giant gains VARA and Bahrain licenses through its purchase of CoinMENA, expanding regulated operations into the MENA region as consolidation accelerates across digital asset markets.

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

GlobalFoundries acquires Egypt’s InfiniLink months after its $10M seed round

Dec 3, 2025

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3 min read

GlobalFoundries acquires Egypt’s InfiniLink months after its $10M seed round

The Cairo chip startup gives GlobalFoundries new silicon photonics design depth as AI data centres shift from copper to optical interconnects.

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

Fintech

+3

Lean Technologies eyes new bets ahead of potential IPO

Nov 14, 2025

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3 min read

Lean Technologies eyes new bets ahead of potential IPO

Saudi fintech wants to push beyond open banking as it preps for a future listing, with CEO Hisham Al-Falih signalling a wider product roadmap.

Jamie Lane
Jamie Lane

Fintech

+3

Saudi BNPL Tamara turns profitable in 9M 2025 as revenue doubles and credit costs fall

Nov 14, 2025

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3 min read

Saudi BNPL Tamara turns profitable in 9M 2025 as revenue doubles and credit costs fall

Tamara doubled revenue and delivered its first sustained profit in Q3 2025, supported by the arrival of one of the Middle East’s largest BNPL financing facilities.

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

Saudi VC firm SVC eyes $3 billion target by 2030 as over a dozen portfolio companies prepare IPOs

Nov 7, 2025

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2 min read

Saudi VC firm SVC eyes $3 billion target by 2030 as over a dozen portfolio companies prepare IPOs

SVC Chief Executive Nabeel Koshak revealed that more than 13 of the companies in its portfolio have begun preparations for an initial public offering on the sidelines of the Private Capital Forum in Riyadh.

Jamie Lane
Jamie Lane

Food Delivery

+3

Jahez and noon link up to create Saudi Arabia’s first all-in-one delivery network

Nov 4, 2025

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2 min read

Jahez and noon link up to create Saudi Arabia’s first all-in-one delivery network

Both companies say the move is about speed, choice, and convenience. In reality, it’s also about domestic survival.

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

+3

Stream raises $4M seed round led by Outliers VC to automate recurring payments for MENA businesses

Nov 4, 2025

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3 min read

Stream raises $4M seed round led by Outliers VC to automate recurring payments for MENA businesses

Founded in 2024 by Ibrahim Aldlaigan, Stream provides a platform that helps businesses manage the entire billing and payment lifecycle, from issuing invoices and scheduling recurring payments to reconciliation and cash flow tracking, without relying on third-party apps.

Jamie Lane
Jamie Lane

Startups

+3

The MENA Diaspora 50

Oct 29, 2025

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29 min read

The MENA Diaspora 50

Meet 50 of the world’s highest-potential tech startups led by MENA diaspora founders.

Jamie Lane
Jamie Lane

Startups

+2

HUMAIN accelerates Saudi AI play with data-centre pact, OS launch, Aramco equity move & Qualcomm tie-up

Oct 29, 2025

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3 min read

HUMAIN accelerates Saudi AI play with data-centre pact, OS launch, Aramco equity move & Qualcomm tie-up

The firm, founded earlier this year by the Public Investment Fund (PIF), announced that Saudi Aramco will acquire a significant minority stake in the company while PIF retains majority ownership.

Jamie Lane
Jamie Lane
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