UAE-based HRtech, Ogram secured a $3M investment from Tanami Capital to fuel its expansion into Saudi Arabia, ..Read More

UAE-based HRtech, Ogram secured a $3M investment from Tanami Capital to fuel its expansion into Saudi Arabia, focusing on retail and hospitality sectors. Founded in 2017 by Karim Kouatly and Shafiq Khartabil, Ogram operates a digital staffing marketplace. Previously, in July 2024, it raised an undisclosed funding round led by Oraseya Capital, Aditum Investment Management, and Everywhere VC.
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• HRtech

US-based Egyptian fintech MoneyHash raised $5.2 million in pre-Series A funding, led by Flourish Ventures, wit ..Read More

US-based Egyptian fintech MoneyHash raised $5.2 million in pre-Series A funding, led by Flourish Ventures, with participation from Vision Ventures, Arab Bank's Xelerate, Emurgo Kepple Ventures, and others, including Github founder Tom Preston-Werner. Founded in 2020 by Nader Abdelrazik, Mustafa Eid, and Anisha Sekar, MoneyHash offers a payment orchestration platform for enterprise merchants. The funding was directed toward expanding its presence in the MEA region. Earlier in 2024, the company secured $4.5 million in a Seed round co-led by COTU Ventures and Sukna Ventures.
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• Fintech

Oman-based SaaS provider, Sampo AI closed its pre-seed funding round, raising $0.75M co-led by Omantel Innovat ..Read More

Oman-based SaaS provider, Sampo AI closed its pre-seed funding round, raising $0.75M co-led by Omantel Innovation Labs and Waad VC, with participation from Hexnture and Saudi angel investors. Founded in July 2024 by Saif Al-Essai and Khalifa Manaa, Sampo AI helps e-commerce businesses optimise pricing strategies. The funding supports its expansion into Saudi Arabia and the UAE.
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• SaaS

Saudi Arabia-based e-services provider, Wilow secured an undisclosed pre-Seed investment round from a group of ..Read More

Saudi Arabia-based e-services provider, Wilow secured an undisclosed pre-Seed investment round from a group of angel investors. Founded in September 2024 by Mohammed Al-Marri and Wijdan Al-Otaibi, Wilow offers a laundry booking service via an intelligent mobile application. The funding was aimed at enhancing its technological infrastructure and expanding its customer base to new regions.
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• e-Services

Saudi Arabia-based proptech Rize secured $35 million in a Series A funding round, comprising a mix of equity a ..Read More

Saudi Arabia-based proptech Rize secured $35 million in a Series A funding round, comprising a mix of equity and debt. The round was led by Raed Ventures, with additional participation from SEEDRA Ventures through its second fund, Aqar Platform, JOA Capital, NAMA Ventures, and HALA Ventures. Founded in 2021 by Ibrahim Balilah and Mohammed AlFraihi, Rize employs a rent-now-pay-later model, enabling tenants to pay rent in flexible monthly instalments. The investment was directed toward accelerating growth and enhancing tech solutions for tenants and property owners.
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• Proptech

Saudi Arabia-based agritech, Arable successfully closed a $2.55 million (SAR 9.75 million) Seed funding round, ..Read More

Saudi Arabia-based agritech, Arable successfully closed a $2.55 million (SAR 9.75 million) Seed funding round, with 90% of the capital sourced from foreign investors. The round included contributions from institutional and private investors, with the funds directed toward advancing hydroponic farming in Saudi Arabia. Co-founded in 2024 by Lawrence Ong and Christina Khalife, along with Executive Partners Marc and Anthony Eid, Arable develops cost-effective, locally adapted hydroponic farms to support sustainable vegetable production in the desert climate.
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• Agri-tech

UAE-based AI solutions provider, Teammates.ai, secured an undisclosed funding round from Hustle Fund, Access B ..Read More

UAE-based AI solutions provider, Teammates.ai, secured an undisclosed funding round from Hustle Fund, Access Bridge Ventures, Oraseya Capital, Beyond Capital, and other angel investors. Founded in 2023 as Uktob.ai by Emad Ayyad and Kareem Ayyad, the company rebranded to Teammates.ai as part of a strategic shift to deliver enterprise-grade AI solutions. The funding supported its mission to expand its collection of AI colleagues, capable of handling tasks like customer support and email management in over 50 languages.
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• AI

UAE-based contech, Opteam, secured an undisclosed pre-Seed funding round led by Plus VC, with participation fr ..Read More

UAE-based contech, Opteam, secured an undisclosed pre-Seed funding round led by Plus VC, with participation from Dar Ventures, SIAC Ventures, and Oraseya Capital. The investment supported Opteam, founded in 2020 by Tarek Hegazy and Ahmed Hegazy, in its mission to empower construction teams with tools for monitoring progress, real-time dashboards, and intelligent schedule optimisation. The funding was allocated to enhance Opteam’s AI capabilities, grow its team, and strengthen its market presence in the UAE and Saudi Arabia.
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• Contech