Morocco-based mobility startup, Enakl raised $1.4 million in a pre-Seed funding round, led by Catalyst Fund, w ..Read More

Morocco-based mobility startup, Enakl raised $1.4 million in a pre-Seed funding round, led by Catalyst Fund, with participation from Renew Capital, Digital Africa, Station F, and 15 business angels. The funds will enable Enakl to strengthen its presence in Casablanca, expand its reach, and accelerate the development of its AI-driven technology to optimize routes for sustainable, collective transport solutions tailored to emerging markets.
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• Transport

UAE-based gametech startup, Playgama raised $3 million in a funding round led by The Open Platform and s16vc. ..Read More

UAE-based gametech startup, Playgama raised $3 million in a funding round led by The Open Platform and s16vc. The round also saw backing from FJ Labs, The Games Fund, TON Ventures, and Kirill Eves, CEO and Founder of Unlimit. The funds will enable Playgama to enhance its platform for developers, expand its toolkit, and introduce advanced analytics and fintech solutions.
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• Gametech

Jada Fund of Funds has invested in Jadwa GCC Private Equity Fund I, managed by Jadwa Investment, a prominent S ..Read More

Jada Fund of Funds has invested in Jadwa GCC Private Equity Fund I, managed by Jadwa Investment, a prominent Shariah-compliant investment firm in the MENA region. The fund aims to raise SAR 1.5 billion, with a hard cap of SAR 2.0 billion, to invest in companies across GCC countries, with a primary focus on Saudi Arabia. This marks Jadwa's first regional blind pool fund, building on its successful history of 16 single-asset funds since 2007.
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• Private Equity

Egypt-based logistics startup Nowlun raised $1.7 million in seed funding, led by Nama Ventures and A15, with p ..Read More

Egypt-based logistics startup Nowlun raised $1.7 million in seed funding, led by Nama Ventures and A15, with participation from Sanabil 500 Global and other angel investors. The funds will fuel Nowlun's expansion plans and accelerate the development of its platform.
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• Logistics

Saudi Arabia-based edtech Aanaab completed its Series A funding round, securing $7 million from Dallah Investm ..Read More

Saudi Arabia-based edtech Aanaab completed its Series A funding round, securing $7 million from Dallah Investment Holding. The funds will enable Aanaab to expand its operations, broaden its range of training programs, and upgrade its technological infrastructure through AI.
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• Edtech

Riyadh-based fintech infrastructure provider, Lean Technologies raised $67.5M in a Series B funding round led ..Read More

Riyadh-based fintech infrastructure provider, Lean Technologies raised $67.5M in a Series B funding round led by General Catalyst, marking the firm’s first investment in a Saudi startup. Additional investors included Bain Capital Ventures, Duquesne Family Office, and Arbor Ventures, bringing Lean’s total funding to over $100 million.
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• Fintech

UAE-based SaaS solutions provider, UnifyApps secured $2M in Series A funding, led by Iconiq Growth with partic ..Read More

UAE-based SaaS solutions provider, UnifyApps secured $2M in Series A funding, led by Iconiq Growth with participation from Elevation Capital. This latest investment brings UnifyApps’s total funding to $31 million and will drive its expansion across the Middle East.
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• SaaS

Kuwait-based Arzan Venture Capital invested $M alongside Arzan Financial Group (AFG) to establish Revenya Capi ..Read More

Kuwait-based Arzan Venture Capital invested $M alongside Arzan Financial Group (AFG) to establish Revenya Capital, a Saudi Arabia-based revenue-based financing (RBF) firm. Supported by a credit facility from AFG’s network, Revenya Capital aims to address the demand for non-dilutive financing solutions in the MENA region, focusing on empowering tech startups.
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• Fintech