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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• Fintech

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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• Proptech

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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• Agri-tech
• Fintech

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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• Healthtech

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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• SaaS

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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• Fintech

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

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