Funding
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...
Warburg AI raises $250,000 in seed funding
UAE-based artificial intelligence company Warburg AI has raised $250,000 in seed funding to advance its AI-driven financial solutions, according to a recent announcement.
Saudi-based Mush Social secures $1.2 million in pre-seed
Saudi-based Mush Social has secured $1.2 million in its pre-seed funding round, led by Nifal Consulting, with participation from Nahr Al-Jazeera Holding and various angel investors. This investment se...