
Undisclosed
- Egypt
- June 24, 2025
Aria Ventures, Egypt’s specialised venture studio for deep-tech innovation, has announced a EGP 50 million i ..Read More
Aria Ventures, Egypt’s specialised venture studio for deep-tech innovation, has announced a EGP 50 million investment to support startups in sectors like AI, biotech, nanotech, IoT, and robotics—aiming to scale this to EGP 200 million over four years. As part of its model, Aria combines hands-on venture building with strategic capital deployment, bridging the gap between research and real-world applications. The launch of the DeepTecher competition further strengthens this mission by scouting cutting-edge academic research and converting it into viable startups through funding, mentorship, and end-to-end support services. Aria Ventures is positioning Egyptian innovators to lead the region’s transition into a knowledge-based, deep-tech-driven economy
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Undisclosed
Undisclosed
- Saudi Arabia
- June 23, 2025
Morni, Saudi Arabia’s leading tech-enabled automotive services platform, has secured an undisclosed investme ..Read More
Morni, Saudi Arabia’s leading tech-enabled automotive services platform, has secured an undisclosed investment from STV, via its newly launched $100 million NICE fund. Founded by Salman Alsuhaibaney in 2015, Morni is evolving from a roadside assistance provider into a fully integrated mobility ecosystem spanning auctions, insurance TPA, garages, and spare parts recycling. Backed by proprietary tech and a growing garage network across 75+ locations, Morni is positioned to redefine the automotive services landscape in line with Saudi Vision 2030. The investment will accelerate Morni’s expansion and innovation roadmap, while reinforcing STV’s commitment to scaling transformative mobility infrastructure across the region.
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Undisclosed
Pre-Seed
- Egypt
- June 23, 2025
Roomz.rent, Egypt’s first dedicated co-living platform, has secured pre-seed funding led by Qora71, the Hub7 ..Read More
Roomz.rent, Egypt’s first dedicated co-living platform, has secured pre-seed funding led by Qora71, the Hub71-based angel syndicate, with participation from regional angel investors. Founded in 2024 by Ahmed Mandour and Yasser AlSarrag, Roomz.rent offers furnished rooms on flexible leases, using AI-powered matching to pair tenants with compatible flatmates. The funding will support Roomz.rent’s expansion across Egypt, enhance platform capabilities, and fuel its growth into new urban markets across MENA. With over $100,000 in rental volume in just five months, Roomz.rent is building a modern, community-driven alternative to traditional city housing.
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Undisclosed
Acquisition
- UAE
- June 23, 2025
UAE-based digital investment platform Stryde has acquired Qora71, the region’s fastest-growing angel investm ..Read More
UAE-based digital investment platform Stryde has acquired Qora71, the region’s fastest-growing angel investment network, and rebranded it as Stryde71—marking its official entry into venture capital. Backed by Hub71 and founded by Youssef Salem, Qora71 enabled over 50 investments and deployed $2M+ in capital within five months through a community-led syndicate model. Now part of the DFSA-regulated Stryde ecosystem, Stryde71 will empower retail and qualified investors to co-invest in exclusive global startup deals via an end-to-end digital platform, while strengthening Abu Dhabi’s position as a regional VC and innovation hub. The move reflects Stryde’s mission to democratize access to alternative investments and accelerate founder success across early and growth stages.
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Undisclosed
Undisclosed
- Algeria
- June 19, 2025
Talenteo, an Algeria-based HRTech startup, has raised a six-figure investment from Tunisia’s 216 Capital to ..Read More
Talenteo, an Algeria-based HRTech startup, has raised a six-figure investment from Tunisia’s 216 Capital to accelerate its regional expansion and product innovation. Founded in 2022 by Tarik Metnani and Louai Djaffer, Talenteo offers a tailored SaaS platform for HR and payroll management designed for the operational realities of African SMEs and mid-sized companies. Already used by over 150 companies and 10,000+ users, the platform automates HR tasks, ensures compliance with local laws, and enhances talent management. The new funding will support Talenteo’s entry into Tunisia, speed up AI-driven product development, and fuel its growth across Francophone Africa, where demand for scalable, localized HR solutions continues to rise.
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$3M
Seed
- UAE
- June 18, 2025
SaturnX, a UAE-based infrastructure provider for stablecoin-based cross-border payments, has raised $3 million ..Read More
SaturnX, a UAE-based infrastructure provider for stablecoin-based cross-border payments, has raised $3 million in seed funding led by White Star Capital, with participation from strategic institutional investors. Founded in 2024 by Mirnas Brescic, SaturnX offers an enterprise-grade API platform that enables B2B money transmitters and financial platforms to power instant, low-cost stablecoin transfers. With over $250 million in transaction volume in its first five months, the company will use the capital to expand into high-demand corridors across Southeast Asia—including the Philippines, Bangladesh, Indonesia, and Pakistan—while strengthening compliance infrastructure. Positioned as a critical backend for global digital dollar flows, SaturnX is modernizing the infrastructure behind borderless payments in emerging markets.
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$20M
Credit Facility
- UAE
- June 17, 2025
OCTA, a UAE-based fintech platform automating financial operations for SMEs, has secured a $20 million credit ..Read More
OCTA, a UAE-based fintech platform automating financial operations for SMEs, has secured a $20 million credit facility from the Sukna Fund for Direct Financing (SFDF). Co-founded in 2024 by Jon Santillan, Andrey Korchak, and Nupur Mittal, OCTA integrates invoicing, payments, collections, and embedded credit into one platform. This funding enables OCTA to deliver real-time, embedded working capital financing—allowing SMEs to unlock cash tied up in receivables and smooth out payables without relying on traditional banking channels. The facility strengthens OCTA’s mission to become the foundational contract-to-cash infrastructure for SMEs in Saudi Arabia and across the MENA region.
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$5.2M
Undisclosed
- Egypt
- June 17, 2025
Egyptian fintech Octane raises $5.2M to scale AI-powered fleet expense platform across MENA Cairo-based fle ..Read More
Egyptian fintech Octane raises $5.2M to scale AI-powered fleet expense platform across MENA
Cairo-based fleet-tech startup Octane has secured $5.2 million in a funding round led by Shorooq Partners, Algebra Ventures, and SC Holding. The capital will fuel the expansion of Octane’s acceptance network, enhance its AI capabilities for fraud detection and route optimization, and support regional growth across Egypt and the broader MENA region. Octane’s closed-loop digital wallet simplifies and consolidates on-road fleet expenses—fuel, maintenance, petty cash—into one platform, delivering real-time control, cost savings, and operational transparency to over 1,600 clients managing 250,000 vehicles. With a growing footprint across 2,800 fuel and CNG stations, Octane is redefining enterprise mobility payments in the region.
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