Funding

ariika secures $3 million in Series A extension round

ariika, a leading direct-to-consumer, digital-led home furnishing brand, announces the successful conclusion of its Series A extension equity round, led by Beltone Venture Capital, a subsidiary of Bel...

Smart digital logistics engine Locad raises $9 million

Locad, a smart digital logistics engine empowering consumer brands with its Cloud Supply Chain-As-a-Service for global distribution, announces its $9 million Pre-Series B funding round co-led by Globa...

EdfaPay secures $5 million in Pre-Series A funding round

EdfaPay, Saudi Arabia’s leading fintech platform, has secured a $5 million Pre-Series A funding round led by OmanTel Innovation Labs. Aljabr MENA and Waad Investment also participated. This inve...

Supply chain tech startup, Qara raises $2.6 million

Qara, a supply chain tech startup, announced the successful completion of its $2.6 million funding round, led by strategic investors. This funding will drive the company’s expansion into the Kingdom o...

Egyptian insurtech Amenli secures $2.3 million funding

Amenli, a leading insurtech broker licensed by the Financial Regulatory Authority in Egypt (FRA), has secured a new funding round of $2.3 million to accelerate its growth and enhance its service offer...

Lean Technologies secures $67.5 million in Series B led by General Catalyst

Lean Technologies, a Riyadh-based fintech infrastructure platform, has secured $67.5 million in Series B funding led by General Catalyst, a renowned Silicon Valley-based venture capital group. The rou...

Pemo secures $7M in Pre-Series A led by Shorooq and Augmentum Finance

Pemo has announced a $7 million Pre-Series A Funding round as it seeks to continue its unprecedented growth in the region. Following two years of remarkable success in the UAE, the leading Dubai-based...

Ruya Partners invests $15.5 million in Epik Foods

Abu Dhabi-based Ruya Partners announced that Ruya Private Capital I, LP, a fund managed by Ruya Partners, has completed a $15.5 million private capital investment in Epik Foods, one of the largest tec...

UnifyApps raises $20 million in Series A funding round

UnifyApps, the Unified Enterprise GenAI platform, today announced the closing of a $20 million Series A funding round led by ICONIQ Growth, with participation from existing investors including Elevati...