Pakistan-based healthtech, MedIQ, raised $6 million in a Series A round led by Qatar-based Rasmal Ventures and ..Read More

Pakistan-based healthtech, MedIQ, raised $6 million in a Series A round led by Qatar-based Rasmal Ventures and Saudi Arabia-based Joa Capital, with participation from existing investors. The investment aimed to scale operations across Saudi Arabia’s SAR 7.2 billion healthtech market, upgrade the company’s tech stack, and support its expansion into Qatar and other Gulf countries. MedIQ had previously expanded into Saudi Arabia in 2023.
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Saudi Arabia-based healthtech startup, Tuba secured $8 million in a pre-seed funding round led by Al-Waalan In ..Read More

Saudi Arabia-based healthtech startup, Tuba secured $8 million in a pre-seed funding round led by Al-Waalan Investment, with participation from angel investors. The investment aimed to support the development of Tuba’s technical infrastructure, operational expansion, and team growth. Founded in 2025 by Fayez Al-Anazi, Tuba uses AI to enhance healthcare management and drive digital transformation across the sector.
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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.
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UAE-based healthtech, Valeo Health, raised $12 million in its Series B round, bringing its total funding to $2 ..Read More

UAE-based healthtech, Valeo Health, raised $12 million in its Series B round, bringing its total funding to $20 million. The round was led by Flintera, with participation from Nuwa Capital, FJ Labs, Oryx, Mindshift Capital, Oraseya, and Eirad.
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Egypt-based pharma marketplace, Grinta, raised an undisclosed funding round from Beltone Venture Capital and R ..Read More

Egypt-based pharma marketplace, Grinta, raised an undisclosed funding round from Beltone Venture Capital and Raed Ventures. Founded in 2021 by Mohamed Azab, Yosra Badr, Ali Youssef, and Hamza Mohamed, Grinta connects pharmacies with traceable pharmaceutical products. The funding will support Grinta’s pivot into hybrid direct patient care following its acquisition of Citi Clinic and facilitate its planned expansion into East Africa.
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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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UAE-based healthtech, BioSapien raised $5.5 million in a pre-Series A fundraise, led by Global Ventures with p ..Read More

UAE-based healthtech, BioSapien raised $5.5 million in a pre-Series A fundraise, led by Global Ventures with participation from Dara Holdings. The capital will be used to fund BioSapien’s clinical trials in the UAE, with patient enrollments in Abu Dhabi set to begin in Q2 2025. The funds will also support increased product development, manufacturing, and the onboarding of new talent.
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Saudi Arabia-based healthtech Thakaa Med has secured Seed investment through the Falak Angels syndicate. Found ..Read More

Saudi Arabia-based healthtech Thakaa Med has secured Seed investment through the Falak Angels syndicate. Founded in 2022 by Alwaleed Albadr, Thakaa Med specializes in AI-driven healthcare solutions, focusing on predictive, preventive, and personalized technologies. The capital will accelerate the enhancement of its AI models and support the market launch of its flagship products, Dental IQ and Chest IQ.
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