NorthLadder, a UAE-based platform for trading in pre-owned electronics, has raised $10 million in Series B fun ..Read More

NorthLadder, a UAE-based platform for trading in pre-owned electronics, has raised $10 million in Series B funding from stc Group’s Tali Ventures, Dutch Founders Fund, and Crescent Ventures. Founded in 2021 by Mihin Shah and Sandeep Shetty, NorthLadder provides automated assessments and home pickups for device trade-ins. This funding will drive its global expansion and platform development, with recent operations launched in Amsterdam and plans to expand trade-in partnerships across Europe.
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• Electronics

Morocco-based last-mile delivery startup, Cathedis has secured $0.713M in funding from Fond Capital Venture (F ..Read More

Morocco-based last-mile delivery startup, Cathedis has secured $0.713M in funding from Fond Capital Venture (FCV), the VC arm of BMCE Capital Investments, and Beltone Venture Capital. This investment will support Cathedis in scaling its operations, strengthening its infrastructure, and expanding its market presence domestically and internationally.
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• Logistics

UAE-based Gulf Islamic Investments (GII) has secured an additional $100 million in growth capital to boost pri ..Read More

UAE-based Gulf Islamic Investments (GII) has secured an additional $100 million in growth capital to boost private equity opportunities across Saudi Arabia and the GCC. Investors include the Al Nahdi family office, Sharjah's Shurooq, and existing GII stakeholders. Founded in 2014 by Mohammed Alhassan and Pankaj Gupta, GII is a Shariah-compliant investment firm managing over $4.5 billion in assets.
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• Private Equity

Saudi Arabia-based prop-tech ARKTECH has secured $1 million in a pre-Seed funding round led by Core Vision Inv ..Read More

Saudi Arabia-based prop-tech ARKTECH has secured $1 million in a pre-Seed funding round led by Core Vision Investment. Established in 2023 by Waheed Al Jassas, ARKTECH aims to deliver profitable returns on real estate investments. This funding will bolster ARKTECH's standing as the top utility contract trading platform and enable it to broaden its offerings with cutting-edge, tech-driven investment solutions.
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• Proptech

Rua Growth I LP igot investment of $5M from Jordan’s Innovative Startups and SMEs Fund (ISSF) to support inv ..Read More

Rua Growth I LP igot investment of $5M from Jordan’s Innovative Startups and SMEs Fund (ISSF) to support investment in Jordanian startups. Rua Growth Fund, a $45 million venture capital fund based in Saudi Arabia, focuses on early-stage companies across sectors like e-commerce, fintech, enterprise solutions, and SaaS. This collaboration seeks to harness Jordan’s entrepreneurial strengths, driving innovation and boosting the regional competitiveness of Jordanian startups.
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Qatar-based delivery platform, Pass has garnered $2.7 million in a pre-Series A funding round from undisclosed ..Read More

Qatar-based delivery platform, Pass has garnered $2.7 million in a pre-Series A funding round from undisclosed backers. Initially launched by UK-based Peyk in 2020 and later acquired by Qatari entrepreneur Bashar Jaber in 2023, Pass offers swift and dependable delivery solutions. This new funding will support Pass’s growth into markets such as Egypt and Saudi Arabia, as well as drive the development of additional offerings to bolster its market foothold.
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• Delivery

Saudi Arabia-based foodtech startup Nabt has secured $1.5 million in a Seed funding round led by Merak Capital ..Read More

Saudi Arabia-based foodtech startup Nabt has secured $1.5 million in a Seed funding round led by Merak Capital, along with contributions from other angel investors. Founded in 2022 by Abdullah Alotaibi, Nabt operates a B2B marketplace that links farmers directly with businesses. This capital will help Nabt advance product development and broaden its market presence. Nabt is also part of the Sunbolah FoodTech Accelerator, a program by the Ministry of Environment, Water, and Agriculture aimed at nurturing innovative companies in the agricultural sector.
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• Foodtech

Saudi Arabia-based Web3 provider, Tharawat Green Exchange (TGE) raised $0.45M in pre-Seed funding from Adavers ..Read More

Saudi Arabia-based Web3 provider, Tharawat Green Exchange (TGE) raised $0.45M in pre-Seed funding from Adaverse, a Saudi-focused Web3 and blockchain fund. The capital will be allocated towards enhancing TGE’s infrastructure and blockchain capabilities, bolstering sales and marketing initiatives, and obtaining Vera certification for its carbon credits, aligning with its mission to drive environmental sustainability under Saudi Vision 2030.
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• Sustainability