UAE-based proptech, Silkhaus, secured a seven-figure growth round, led by Nuwa Capital and Oraseya Capital, wi ..Read More

UAE-based proptech, Silkhaus, secured a seven-figure growth round, led by Nuwa Capital and Oraseya Capital, with participation from Impulse International, Yuj Ventures, Nordstar, and other family offices. Founded in 2021 by Aahan Bhojani, Silkhaus operates a marketplace for short-term rentals. The investment will drive its expansion into Saudi Arabia. Previously, the company closed a multi-million-dollar pre-Series A round from Partners for Growth (PFG).
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• Proptech

Saudi Arabia-based edtech, UpLevel, secured an undisclosed pre-Seed funding round from a group of angel invest ..Read More

Saudi Arabia-based edtech, UpLevel, secured an undisclosed pre-Seed funding round from a group of angel investors. Founded in 2024 by Idris Alshayea and Hamad AlLuhaidan, UpLevel helps companies enhance employee performance through professional coaching. The investment will support the company’s growth and expansion efforts, enabling it to scale its platform and strengthen its network of experienced coaches.
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• Edtech

UAE-based healthtech, BioSapien, extended its pre-Series A funding round to $7 million, with new investors lik ..Read More

UAE-based healthtech, BioSapien, extended its pre-Series A funding round to $7 million, with new investors like Golden Gate Ventures joining the round. This marked the first deployment of Golden Gate's dedicated MENA Fund. The extension follows a $5.5 million pre-Series A round in December, led by Global Ventures and supported by Dara Holdings. The funds will support BioSapien’s development of its drug delivery platform, MediChip™.
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• Healthtech

Egypt-based logistics startup, Fincart.io, raised an undisclosed amount in a pre-Seed funding round, led by Pl ..Read More

Egypt-based logistics startup, Fincart.io, raised an undisclosed amount in a pre-Seed funding round, led by Plus VC and joined by Plug and Play, Orbit Startups, Jedar Capital, and other regional investors. Founded in 2023 by Mostafa Elmasry and Nihal Ali, the funds will be used to enhance Fincart's platform, expand its courier network, and support the e-commerce market in Africa and the Middle East.
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• Logistics

UAE-based fintech, Pluto raised $4.1 million in a pre-Series A funding round led by Rhino Ventures, Born Capit ..Read More

UAE-based fintech, Pluto raised $4.1 million in a pre-Series A funding round led by Rhino Ventures, Born Capital, Goanna Capital, Evolution VC, Freesearch VC, and Tiferes VC. Founded in 2021 by Mohammed Ridwan, Mohammed Aziz, and Nayeem Zen, Pluto offers spend management solutions using virtual and physical cards. The funding will support its expansion in KSA and strengthen its Pluto Connect product in the GCC market.
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• Fintech

UAE-based retail SaaS provider, Retailhub secured an investment from Angelspark for an undisclosed amount. Fou ..Read More

UAE-based retail SaaS provider, Retailhub secured an investment from Angelspark for an undisclosed amount. Founded in 2022 by Daniel Alimov and Roman Tikhonov, Retailhub offers a platform that syncs stock updates from POS systems to aggregators and consolidates orders into a single application. The funding will support the company’s efforts to enhance its platform, expand partnerships, and scale operations across the UAE and international markets.
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• SaaS

US-based VC firm 500 Global launched the 500 MENA L.P. fund to invest in high-growth technology startups acros ..Read More

US-based VC firm 500 Global launched the 500 MENA L.P. fund to invest in high-growth technology startups across the MENA region. The fund is backed by Jada Fund of Funds, Saudi Venture Capital (SVC), and Sanabil Investments. It aims to support startups with proven product-market fit and growth potential, addressing the funding gap faced by MENA founders.
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The Netherlands and Palestine-based AI training startup, DataQueue secured a funding round from Ibtikar Fund a ..Read More

The Netherlands and Palestine-based AI training startup, DataQueue secured a funding round from Ibtikar Fund and Flat6Labs Jordan Seed Fund for an undisclosed amount. Founded in 2021 by Bashir Alsaifi, DataQueue specializes in providing annotated and labeled data for AI model training. This round follows a previous investment from Ibtikar Fund in August 2023, further supporting the startup’s ambition to become a global AI partner for businesses.
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• AI
• Information Technology