
$0.7M
pre-Seed
- UAE
- February 06, 2025
UAE-based visa-as-a-service platform, VISARUN.AI, secured $700,000 in pre-seed funding from unnamed angel inve ..Read More
UAE-based visa-as-a-service platform, VISARUN.AI, secured $700,000 in pre-seed funding from unnamed angel investors. The investment will support the development of its visa-as-a-service platform, expansion of its sales team, and growth into key markets, including the UAE, Saudi Arabia, Qatar, India, and China. Founded in 2024 by Vladimir Indjikian and Alena Iakina, VISARUN.AI streamlines visa processing, reducing manual labor by up to 70%.
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$10M
Seed
- UAE
- February 04, 2025
UAE-based AI startup, qeen.ai, closed a $10 million Seed funding round, one of the largest in the MENA region. ..Read More
UAE-based AI startup, qeen.ai, closed a $10 million Seed funding round, one of the largest in the MENA region. The round was led by Prosus Ventures, with participation from Wamda Capital, 10x Founders, and Dara Holdings. This investment brings qeen.ai’s total funding to $12.2 million, following a $2.2 million pre-Seed round in June 2024. The funds will drive platform expansion, team growth, and customer acquisition.
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$2M
pre-Seed
- UAE
- February 03, 2025
UAE-based fintech, Myne, secured a $2 million pre-seed funding round, led by Scene Holding and followed by Raz ..Read More
UAE-based fintech, Myne, secured a $2 million pre-seed funding round, led by Scene Holding and followed by Raz Holding, with participation from Plus VC, Annex Investments, and other angel investors. Founded in 2024 by Karim Chouman, Myne offers a wealth management platform. The funding will support scaling operations, enhancing technology infrastructure, accelerating user acquisition, and driving regional expansion.
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Undisclosed
Seven-figure
- UAE
- January 28, 2025
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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$3M
Debt Finance
- UAE
- January 28, 2025
UAE-based agrifintech, Maalexi, secured a $3 million debt finance facility from Citi to enhance its cross-bord ..Read More
UAE-based agrifintech, Maalexi, secured a $3 million debt finance facility from Citi to enhance its cross-border trade platform for small food and agribusinesses. Founded in 2021 by Azam Pasha and Rohit Majhi, Maalexi aims to expand its sourcing operations with this funding. Previously, in July, the company raised a $1 million venture debt from Stride Ventures to strengthen its technology-enabled supply chain.
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$7M
pre-Series A
- UAE
- January 27, 2025
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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Undisclosed
Undisclosed
- UAE
- January 23, 2025
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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$4.1M
pre-Series A
- UAE
- January 23, 2025
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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