Funding

Gradiant announces Series E at $2 billion valuation

Gradiant announced the close of Series E financing, valuing the company at $2 billion. The financing was led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ven...

Stream secures $5.2M seed extension led by BECO Capital

Stream, the Riyadh-born payments and billing platform, has announced a $5.2 million seed extension. This comes less than six months after closing its initial seed round; bringing total seed funding to...

Siin raises total capital to $3 million after new funding

Siin, the fastest-growing live shopping marketplace in MENA, today announced new funding, bringing its total capital raised to $3 million. The round was led by VentureSouq and Shift Group, with partic...

Udora raises $10 million for regional expansion

Udora, the global gifting marketplace formerly known as Flowwow, has closed a $10 million private round and relaunched under a new brand. The round will go toward market expansion, with the Saudi Arab...

Comfi raises $65 million in Pre-Series A led by Iliad Partners

Comfi today announced it has raised $65 million in a Pre-Series A funding round consisting of both equity and debt. The equity round was led by Iliad Partners and joined by Yango Ventures and Raw Vent...

VAST Data raises $1B Series F at a $30B valuation

VAST Data today announced the closing of its Series F financing at a $30 billion valuation, representing more than a threefold increase from its $9.1 billion Series E valuation in late 2023. The lates...

Above Security raises $50 million in funding

Above Security (Above), the AI-native agentic managed insider threat platform, emerged from stealth and announced $50 million in funding. The funding was led by Ballistic Ventures, Merlin Ventures, an...

Lucky secures $23 million in Series B funding

Lucky, a leading financial technology company in Egypt and the Middle East, today announced the successful closing of a $23 million Series B funding round, including a mix of equity and debt. The roun...

Maison Safqa raises $620,000 in pre-seed round

Maison Safqa, a Saudi-based flash-sale platform for premium and luxury brands, has raised $620,000 in a pre-seed funding round with participation from 500 Global through the Sanabil MENA 500 Accelerat...

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