UAE-based B2B autotech startup, BuyAnyAutoPart raised $750,000 in pre-seed funding from Galadari Brothers, 6G ..Read More

UAE-based B2B autotech startup, BuyAnyAutoPart raised $750,000 in pre-seed funding from Galadari Brothers, 6G Capital, and other undisclosed investors. The funding was allocated to executing contracts with several multi-brand workshops in the UAE, with plans to expand its services to thousands of small and medium-sized garages nationwide.
Read Less

• Autotech

UAE-based fintech Wafeq raised $7.5 million in a Series A funding round. The round was led by 9900 Capital, wi ..Read More

UAE-based fintech Wafeq raised $7.5 million in a Series A funding round. The round was led by 9900 Capital, with participation from Gary Turner, former CEO of Xero’s operations in EMEA, and existing investors Raed Ventures and Wamda Capital. The funds will support Wafeq’s expansion, particularly in Saudi Arabia, where 90% of its business originates, and in the UAE.
Read Less

• Fintech

UAE-based venture capital firm, Iliad Partners announced the launch and first close of its $50 million Iliad P ..Read More

UAE-based venture capital firm, Iliad Partners announced the launch and first close of its $50 million Iliad Partners Tech Ventures Fund I, backed by Jada Fund of Funds (a PIF company), the Olayan Family, and Masarrah Investment Company. The fund targeted early-stage B2B tech startups in the MENA region, with a focus on Saudi Arabia and the UAE, and verticals such as fintech, logistics, and proptech. It made its debut with investments in regional startups OTO, Penny, and Qashio.
Read Less

• Fintech
• Logistics
• Proptech
• Startups

Qatar-based e-commerce platform, Hudhudshop closed a six-figure dollar pre-seed funding round from undisclosed ..Read More

Qatar-based e-commerce platform, Hudhudshop closed a six-figure dollar pre-seed funding round from undisclosed investors. The investment aimed to support Hudhudshop’s growth initiatives, enhancing its sales capabilities, integrating advanced technologies, and launching referral and loyalty programs.
Read Less

• Ecommerce

Saudi Arabia-based services platform, Abikhdmh raised $800,000 in a seed round, backed by a group of undisclos ..Read More

Saudi Arabia-based services platform, Abikhdmh raised $800,000 in a seed round, backed by a group of undisclosed investors. The funding was intended to enhance the platform's ability to deliver innovative e-transaction services and expand into new areas to meet the growing needs of its users.
Read Less

• Service

USA-based AI business automation platform PLATMA raised $2.2 million in a pre-Seed funding round, securing a v ..Read More

USA-based AI business automation platform PLATMA raised $2.2 million in a pre-Seed funding round, securing a valuation of $20 million. The round was led by Almaz Capital, with participation from Kazakhstan’s EA Group, Uzbekistan’s Aloqa Ventures, and other investors, including Estonia-based Startup Wise Guys, Azerbaijan’s CAUCASUS VC, and venture firms from Kazakhstan, such as Tumar Venture Fund, MOST Ventures, and ACTIVAT VC, along with angel investor Murat Abdrakhmanov. The funding will support PLATMA’s expansion into the MENA market.
Read Less

• Information Technology

Saudi Arabia-based edtech AlGooru raised $4 million in a pre-Series A funding round through a combination of d ..Read More

Saudi Arabia-based edtech AlGooru raised $4 million in a pre-Series A funding round through a combination of debt and equity financing. The round was led by Constructor Capital, with participation from Hub71, angel investors, and family offices. The funds were allocated to expanding AlGooru’s operations in KSA, with a focus on offline tutoring, advancing its AI-driven technologies, and entering new verticals through strategic partnerships, which are set to be announced in 2025.
Read Less

• Edtech

Tunisia-based fintech, Konnect secured a funding round from Renew Capital for an undisclosed amount. Founded i ..Read More

Tunisia-based fintech, Konnect secured a funding round from Renew Capital for an undisclosed amount. Founded in 2021 by Amin Ben Abderrahman, Konnect specializes in payment links, e-commerce plugins, and APIs tailored for businesses of all sizes. The investment was aimed at supporting Konnect in scaling its operations.
Read Less

• Fintech