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Welcome to our Resource Center, your hub for the latest insights and updates in the MENA region. Explore our collection of blogs, discover funding deals, stay informed on government initiatives, and keep up with key business conferences

Funding Deals

Read about all the funding deals in MENA region

$12.2M

Series A

  • UAE
  •  May 01, 2025

UAE-based fintech, Fuze raised $12.2 million in a Series A round led by Galaxy and e& capital, with participat ..Read More

UAE-based fintech, Fuze raised $12.2 million in a Series A round led by Galaxy and e& capital, with participation from Further Ventures. The funding was intended to support Fuze’s global and regional expansion, product development, and team growth. Founded in 2023, Fuze enables regulated crypto and stablecoin adoption and has already processed over $2 billion in digital asset volume.
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7-figure

Seed

Iraq-based autotech startup, iQ Cars raised a 7-figure seed round led by Euphrates Ventures. The investment ai ..Read More

Iraq-based autotech startup, iQ Cars raised a 7-figure seed round led by Euphrates Ventures. The investment aimed to support the platform’s expansion across major Iraqi cities and further innovation in the automotive sector. Founded in 2020 by Amer Salih, iQ Cars operates Iraq’s leading online car marketplace and became the country’s first startup registered as a Private Joint Stock Company (PSJC).
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$16M

pre-Series A

Saudi Arabia-based fintech, erad secured $16 million in a pre-Series A funding round backed by Y Combinator, N ..Read More

Saudi Arabia-based fintech, erad secured $16 million in a pre-Series A funding round backed by Y Combinator, Nuwa Capital, Khwarizmi Ventures, Aljazira Capital, VentureSouq, Oraseya Capital, and Joa Capital. The round aimed to accelerate erad’s expansion, strengthen local hiring, and enhance its Shariah-compliant, data-driven SME financing platform. The company had earlier raised $2.4 million in a pre-seed round in 2022.
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$1.3M

pre-Seed

US-based SaaS startup, BloomPath raised $1.3 million in a pre-seed round led by RAED Ventures, with participat ..Read More

US-based SaaS startup, BloomPath raised $1.3 million in a pre-seed round led by RAED Ventures, with participation from Ulu Ventures, Wamda Capital, +VC, and angel investors. The funding aimed to support BloomPath’s product development, team expansion, and customer acquisition. Founded in 2024, BloomPath provides AI-powered workflow software to track progress, analyse patterns, and improve team performance.
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Undisclosed

pre-Seed

Oman-based B2B traveltech startup, Darrbak closed an undisclosed pre-seed funding round led by the Future Fund ..Read More

Oman-based B2B traveltech startup, Darrbak closed an undisclosed pre-seed funding round led by the Future Fund under the Oman Investment Authority (OIA). The investment aimed to enhance Darrbak’s digital infrastructure and expand its corporate client base across Oman and the region. Founded in 2025, Darrbak provides tech-enabled travel management solutions for corporates and government entities.
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$1.6M

Undisclosed

Saudi Arabia-based subscription management platform Techrar secured $1.6 million in funding, led by Aramco’s ..Read More

Saudi Arabia-based subscription management platform Techrar secured $1.6 million in funding, led by Aramco’s VC arm, Wa’ed Ventures. Founded in 2022 by Safwan Saigh, Fawzan Alkhlawi, and Rania Shaker, Techrar provides tools for managing subscriptions, memberships, and recurring billing. The capital was allocated to support team expansion, enhance product development, and drive customer acquisition across the region.
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$4.3M

pre-Series A

  • UAE
  •  April 28, 2025

UAE-based fintech, Zest Equity raised $4.3 million in a pre-Series A round led by Prosus Ventures, with partic ..Read More

UAE-based fintech, Zest Equity raised $4.3 million in a pre-Series A round led by Prosus Ventures, with participation from Morgan Stanley Inclusive and Sustainable Ventures. The capital followed a $3.8 million seed round closed in October 2023. The latest funding aimed to expand Zest’s footprint in KSA and UAE, strengthen its team, enhance its product offerings, and scale its technology infrastructure.
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$0.55M

pre-Seed

  • UAE
  •  April 28, 2025

UAE-based e-commerce platform, Hushday secured $550,000 in a pre-seed funding round from undisclosed regional ..Read More

UAE-based e-commerce platform, Hushday secured $550,000 in a pre-seed funding round from undisclosed regional investors. Founded in 2025 by Jennifer Cohen Solal and Riad Djabri, Hushday offers an invitation-only platform for luxury and premium brands’ excess inventory. The funding was intended to support the platform’s launch in the UAE and its planned expansion into Saudi Arabia, Qatar, and Kuwait.
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