Calo, a Saudi-headquartered foodtech company, expanded into the UK by acquiring Fresh Fitness Food. The move f ..Read More

Calo, a Saudi-headquartered foodtech company, expanded into the UK by acquiring Fresh Fitness Food. The move followed Calo’s $25 million Series B funding round in December, led by Nuwa Capital with participation from STV, Khwarizmi Ventures, and regional family offices. The acquisition marked a key milestone in deploying the raised capital to support international expansion and strengthen its position in the health-focused meal delivery market.
Read Less

• Foodtech

Backed by a $25 million Series B round secured in December—led by Nuwa Capital and joined by STV, Khwarizmi ..Read More

Backed by a $25 million Series B round secured in December—led by Nuwa Capital and joined by STV, Khwarizmi Ventures, and regional investors—Calo acquired Detox Kitchen to deepen its UK footprint. The strategic acquisition aligned with Calo’s post-funding growth strategy, using capital to integrate mission-aligned brands and accelerate its international reach in the personalised meal subscription space.
Read Less

• Foodtech

Saudi Arabia-based Miran and Egypt-based Welnes announced their merger, backed by leading investors including ..Read More

Saudi Arabia-based Miran and Egypt-based Welnes announced their merger, backed by leading investors including Flat6Labs, Samurai Incubate, UI Investments, and prominent angel investors—one of whom, a Doroob VC member, led the deal. The merger combined Miran’s AI-driven health platform with Welnes’ fitness community, reflecting strategic investor confidence and aligning with Saudi Arabia’s Vision 2030 goals of fostering a health-conscious society through innovation and local entrepreneurship.
Read Less

• Healthtech

Saudi Arabia-based iMENA Group raised $135 million in a pre-IPO investment round from Sanabil Investments, FJ ..Read More

Saudi Arabia-based iMENA Group raised $135 million in a pre-IPO investment round from Sanabil Investments, FJ Labs, Saygin Yalcin, and other Saudi investors. The capital raise included a mix of private placement and in-kind contributions. The funding was aimed at increasing iMENA’s ownership in its key businesses, driving vertical and geographic expansion, and enhancing synergies across its platforms.
Read Less

• Venture Capital

Jordan-based Innovative Startups and SMEs Fund (ISSF) invested $3 million in Antler MENAP Fund LP, a $60 milli ..Read More

Jordan-based Innovative Startups and SMEs Fund (ISSF) invested $3 million in Antler MENAP Fund LP, a $60 million early-stage VC fund launched by Antler. The fund focuses on pre-seed to Series A investments across the MENA region with a sector-agnostic approach. The investment aimed to support Antler’s expansion and strengthen early-stage funding opportunities across the region.
Read Less

• Venture Capital

UAE-based crypto startup Resolv Labs raised $10 million in a seed round led by Cyber.Fund and Maven11, with pa ..Read More

UAE-based crypto startup Resolv Labs raised $10 million in a seed round led by Cyber.Fund and Maven11, with participation from Coinbase Ventures, SCB Limited, Arrington Capital, Animoca Ventures, Gumi Cryptos, NoLimit Holdings, and Robot Ventures. Founded in 2023, Resolv Labs offers True-Delta Neutral Architecture for low-risk crypto investments. The funding was intended to expand delta-neutral strategies and integrate with institutional digital asset managers.
Read Less

• Fintech

UAE-based non-custodial payments app, COCA, secured an undisclosed investment from the Stellar Development Fou ..Read More

UAE-based non-custodial payments app, COCA, secured an undisclosed investment from the Stellar Development Foundation (SDF) and FunFair Ventures. The funding will support COCA in scaling its operations and expanding its platform.
Read Less

• Fintech

Morocco-based regtech VOVE ID secured new investment from The Baobab Network for an undisclosed amount. Founde ..Read More

Morocco-based regtech VOVE ID secured new investment from The Baobab Network for an undisclosed amount. Founded in 2024 by Khalid Aoussar and two co-founders, VOVE ID provides identity verification tools for enterprises. The funding was intended to support the company’s regional expansion, enhance platform capabilities, and drive team growth.
Read Less

• Regulatory Tech