UAE-based tech startup, Tarjama, raised $15 million in a Series A round led by Global Ventures, with support f ..Read More

UAE-based tech startup, Tarjama, raised $15 million in a Series A round led by Global Ventures, with support from Wamda Capital, TA Ventures, Phaze Capital, Golden Gate Ventures, and Endeavor Catalyst. The investment aimed to scale Tarjama’s Arabic.AI ecosystem, expand its engineering team, and develop sovereign infrastructure. It also supported the launch of an AI Academy to train enterprise and government leaders across Arabic-speaking markets.
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• AI

Cairo-based used-car platform Sylndr raised $15.7 million in a Series A equity round led by DPI Venture Capita ..Read More

Cairo-based used-car platform Sylndr raised $15.7 million in a Series A equity round led by DPI Venture Capital via the Nclude Fund, with backing from Algebra Ventures, Nuwa Capital, Raed Ventures, and others. The funds were allocated to boost expansion in Egypt, enhance pricing and fintech tools, and deepen industry partnerships. In November 2023, Sylndr also secured a $7.46 million capital facility to support its business model.
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• Autotech

Kuwait-based q-commerce startup, Circle raised $6 million in Series A funding from unnamed investors. The inve ..Read More

Kuwait-based q-commerce startup, Circle raised $6 million in Series A funding from unnamed investors. The investment marked a key milestone in Circle’s growth trajectory and was allocated to support its regional expansion plans. Founded in 2020 by Altaf AlThekair, the company aims to enter major MENA markets by early 2026 with its rapid grocery delivery model powered by dark stores and fulfilment centres.
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• q-commerce

Saudi Arabia-based spacetech, SARsatX raised $2.6 million in a Seed round led by TONOMUS, with participation f ..Read More

Saudi Arabia-based spacetech, SARsatX raised $2.6 million in a Seed round led by TONOMUS, with participation from Wa’ed Ventures, Access Bridge Ventures, and KAUST Innovation Ventures. The capital was directed toward advancing SARsatX’s satellite technology and scaling deployment. The startup, spun out of KAUST’s TAQADAM Accelerator, focuses on Earth Observation solutions using Synthetic Aperture Radar.
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• Spacetech

Egypt-based fintech, ElGameya secured a 7-figure USD investment round led by AYADY for Investment and Developm ..Read More

Egypt-based fintech, ElGameya secured a 7-figure USD investment round led by AYADY for Investment and Development, with participation from Jedar Capital, Cubit Ventures, Ventures Notes, P-Maestro, and various angel investors. The capital was allocated to scale the company’s reach and enhance product innovation. Previously, ElGameya raised a six-figure pre-seed round in 2020 led by AUC Angels, alongside Cairo Angels and Alex Angels.
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• Fintech

Saudi Arabia-based e-commerce app, Ziadah closed a seed funding round from an undisclosed angel investor. The ..Read More

Saudi Arabia-based e-commerce app, Ziadah closed a seed funding round from an undisclosed angel investor. The capital was used to enhance its customer engagement tools and support the platform’s expansion to more merchants across the region.
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• Ecommerce

US-based NaaS platform, Graphiant received $19M in Series B extension round from Aramco’s Wa’ed Ventures a ..Read More

US-based NaaS platform, Graphiant received $19M in Series B extension round from Aramco’s Wa’ed Ventures and stc Group’s Tali Ventures, as part of a larger $102 million Series B round. Other investors included Sequoia Capital, Two Bear Capital, and IAG Capital Partners. The investment supported Graphiant’s plans to establish a regional headquarters in Riyadh, aligning with Saudi Arabia’s push to attract emerging technology players.
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• NaaS

Cairo-based investment platform, Thndr raised $15.7 million in a funding round led by Prosus, with participati ..Read More

Cairo-based investment platform, Thndr raised $15.7 million in a funding round led by Prosus, with participation from Y Combinator, BECO Capital, Endeavor Catalyst, JIMCO, Raba, and Onsi Sawiris, bringing its total funding to $37.76 million. The capital was earmarked to drive Thndr’s regional expansion, particularly into the UAE and Saudi Arabia, following its licensing and service rollout in the UAE via ADGM’s FSRA.
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• Fintech