Lottery.com signed a $2.5 million agreement to acquire a 90% stake in Dubai-based sports and wellness incubato ..Read More

Lottery.com signed a $2.5 million agreement to acquire a 90% stake in Dubai-based sports and wellness incubator Nook Holdings, founded by Ravi Bhusari. As part of the deal, Nook was rebranded under the Sports.com platform, becoming Lottery.com’s MENA base. The acquisition aligned with Lottery.com's global expansion strategy targeting high-potential, revenue-generating businesses in sports, health, and entertainment.
Read Less

• Sportstech

UAE-based regtech, Qanooni, raised $2 million in a pre-seed round led by Village Global, Oryx Fund by Salica I ..Read More

UAE-based regtech, Qanooni, raised $2 million in a pre-seed round led by Village Global, Oryx Fund by Salica Investments, TA Ventures, and strategic angel investors. The capital was allocated to accelerate Qanooni’s expansion across the UAE and UK, and to enhance its proprietary AI-powered legal automation platform, reinforcing its position in driving the future of legal tech across MENA and Europe.
Read Less

• Regulatory Tech

UAE-based healthtech, SANTECHTURE secured a strategic investment from US-based CorroHealth, building on a two- ..Read More

UAE-based healthtech, SANTECHTURE secured a strategic investment from US-based CorroHealth, building on a two-year collaboration that included joint AI-driven RCM pilots and co-hosted events like Arab Health 2025. The deal followed a previous 2023 investment from Gulf Capital and Shorooq Partners. The funding reinforced SANTECHTURE’s expansion across Saudi Arabia, the UAE, India, and Egypt, and strengthened its healthcare technology offerings.
Read Less

• Healthtech

UAE-based proptech, eVoost AI raised seed funding from Qora71, marking the syndicate’s first lead investment ..Read More

UAE-based proptech, eVoost AI raised seed funding from Qora71, marking the syndicate’s first lead investment. The funds were allocated to support the global expansion of eVoost’s AI-driven digital sales infrastructure for real estate. Backed by Qora71’s network of 114 angels, the startup signed $1.9B in GMV and partnered with a UAE developer to scale operations across the US, Europe, and Latin America.
Read Less

• Proptech

Tunisia-based waterTech, Kumulus Water, raised $3.5 million in a seed round to scale its off-grid water techno ..Read More

Tunisia-based waterTech, Kumulus Water, raised $3.5 million in a seed round to scale its off-grid water technology. The round was backed by Bpifrance, PlusVC, Khalys Venture, Flat6Labs, Spadel, and various European and North African investors. The funding supported the rollout of Kumulus Boks, its industrial-scale water generators, and expansion across France, Spain, Tunisia, and preparations for entry into Saudi Arabia.
Read Less

• WaterTech

Doha-based logistics startup, ShipBee closed a $235,000 pre-seed round led by Qatar-based GrowthX, with partic ..Read More

Doha-based logistics startup, ShipBee closed a $235,000 pre-seed round led by Qatar-based GrowthX, with participation from two angel investors and $40,000 in founder bootstrapping. The funding valued the company at $1 million. The capital was allocated toward expanding the team, enhancing product development, and supporting regional growth for its AI-powered logistics and international shipping solutions.
Read Less

• Logistics

Saudi Arabia-based fintech infrastructure platform, Stitch, raised $10 million in a seed round backed by Arbor ..Read More

Saudi Arabia-based fintech infrastructure platform, Stitch, raised $10 million in a seed round backed by Arbor Ventures, COTU Ventures, Raed Ventures, and Saudi Venture Capital (SVC), along with regional family offices and angel investors. The capital was allocated to fuel Stitch’s expansion across MENA and East Africa, supporting its mission to accelerate the development and deployment of modern financial solutions through its unified API-driven platform.
Read Less

• Fintech

UAE-based fintech, Qashio, raised $19.8 million in a mix of equity and non-equity funding, led by existing inv ..Read More

UAE-based fintech, Qashio, raised $19.8 million in a mix of equity and non-equity funding, led by existing investor Rocketship VC, with support from MoreThan Capital, regional banks, and family offices. The funds were allocated to fuel its expansion into Saudi Arabia and enhance its B2B loyalty programme across MENA. In 2022, Qashio had previously secured $10 million in a seed round.
Read Less

• Fintech