Lottery.com signed a $2.5 million agreement to acquire a 90% stake in Dubai-based sports and wellness incubato ..Read More

Lottery.com signed a $2.5 million agreement to acquire a 90% stake in Dubai-based sports and wellness incubator Nook Holdings, founded by Ravi Bhusari. As part of the deal, Nook was rebranded under the Sports.com platform, becoming Lottery.com’s MENA base. The acquisition aligned with Lottery.com's global expansion strategy targeting high-potential, revenue-generating businesses in sports, health, and entertainment.
Read Less

• Sportstech

UAE-based regtech, Qanooni, raised $2 million in a pre-seed round led by Village Global, Oryx Fund by Salica I ..Read More

UAE-based regtech, Qanooni, raised $2 million in a pre-seed round led by Village Global, Oryx Fund by Salica Investments, TA Ventures, and strategic angel investors. The capital was allocated to accelerate Qanooni’s expansion across the UAE and UK, and to enhance its proprietary AI-powered legal automation platform, reinforcing its position in driving the future of legal tech across MENA and Europe.
Read Less

• Regulatory Tech

UAE-based healthtech, SANTECHTURE secured a strategic investment from US-based CorroHealth, building on a two- ..Read More

UAE-based healthtech, SANTECHTURE secured a strategic investment from US-based CorroHealth, building on a two-year collaboration that included joint AI-driven RCM pilots and co-hosted events like Arab Health 2025. The deal followed a previous 2023 investment from Gulf Capital and Shorooq Partners. The funding reinforced SANTECHTURE’s expansion across Saudi Arabia, the UAE, India, and Egypt, and strengthened its healthcare technology offerings.
Read Less

• Healthtech

UAE-based proptech, eVoost AI raised seed funding from Qora71, marking the syndicate’s first lead investment ..Read More

UAE-based proptech, eVoost AI raised seed funding from Qora71, marking the syndicate’s first lead investment. The funds were allocated to support the global expansion of eVoost’s AI-driven digital sales infrastructure for real estate. Backed by Qora71’s network of 114 angels, the startup signed $1.9B in GMV and partnered with a UAE developer to scale operations across the US, Europe, and Latin America.
Read Less

• Proptech

UAE-based fintech, Qashio, raised $19.8 million in a mix of equity and non-equity funding, led by existing inv ..Read More

UAE-based fintech, Qashio, raised $19.8 million in a mix of equity and non-equity funding, led by existing investor Rocketship VC, with support from MoreThan Capital, regional banks, and family offices. The funds were allocated to fuel its expansion into Saudi Arabia and enhance its B2B loyalty programme across MENA. In 2022, Qashio had previously secured $10 million in a seed round.
Read Less

• Fintech

UAE-based investment holding firm, Tech Universal Ventures (TUV) acquired Swedish-based firm ELVA11 to enhance ..Read More

UAE-based investment holding firm, Tech Universal Ventures (TUV) acquired Swedish-based firm ELVA11 to enhance its global reach and technical capabilities. Headquartered in Malmö and Stockholm, ELVA11 is a high-performance AI and software consultancy known for its engineering culture and services in software development, consulting, and digital education.
Read Less

• AI

UAE-based investment holding firm, Tech Universal Ventures (TUV) acquired UAE-based mobile and electronics se ..Read More

UAE-based investment holding firm, Tech Universal Ventures (TUV) acquired UAE-based mobile and electronics servicing brand, FixSquad as part of its strategic expansion across the GCC. The acquisition supported TUV’s vision of building scalable digital infrastructure and services. FixSquad, a mobile and electronics servicing brand, operates under a hybrid consumer–enterprise model and has begun rolling out a regional franchise framework.
Read Less

• Electronics

UAE-based fintech, Gainz closed a 7-figure USD pre-seed round, combining equity and debt, led by Antler MENAP, ..Read More

UAE-based fintech, Gainz closed a 7-figure USD pre-seed round, combining equity and debt, led by Antler MENAP, Lithium Holdings, and Eleventh Invest Inc., with backing from regional high-net-worth investors. The investment reflected strong confidence in Gainz’s founding team and the SME financing opportunity in MENA. The funds were set to support platform scaling, regional growth, and innovation in Shariah-compliant alternative lending.
Read Less

• Fintech