DEAL DOHA
ALPHA10X raises $5M and moves its global headquarters to Doha
GrowthX Capital, founded by Snoonu's Hamad al-Hajri, leads as Qatar imports another AI headquarters.
$5M
The Wire · DEAL
Deals
Funding rounds, dated and sourced, with the number as the hero.
November 2026 7
DEAL DAMASCUS
Syria's Percent Labs closes seed round at a valuation above $1M
Diaspora angels seed a Damascus cloud kitchen doing 10,000 orders a month.
Undisclosed (reported)
>$1M valuation
DEAL DUBAI
Transgulf Readymix backs construction 3D printing startup AC3D
A 1997 concrete incumbent buys into the printers building DP World's next warehouses.
Undisclosed (reported)
inside $3M late-seed round
DEAL CASABLANCA
ABA Life secures $40M from Admaius to industrialise AI healthcare in Morocco
Admaius backs Morocco's sovereign-health AI bet, pending Competition Council clearance.
$40M (MAD 400M)
DEAL CAIRO
NoorNation raises $1.05M seed for pay-per-use solar and water in Egypt
Linah Farms deployed the solar units, saved EGP 3M on diesel, then wrote the cheque.
$1.05M
DEAL DUBAI
Rently raises $12M credit facility to expand rent-now-pay-later in the UAE
January Capital's debt facility fuels twelve-month rent payment plans as UAE volume grows fivefold.
$12M credit facility
of which $12M debt
DEAL CAIRO
Egypt's Turuq closes undisclosed seed round from Den VC
Cairo 3PL Turuq takes its first outside cheque from Den VC after two bootstrapped years and EGP 80M in claimed GMV.
Undisclosed (reported)
October 2026 28
DEAL RIYADH
Saudi event-tech INVE raises $300K pre-seed from its first B2B customer
Outliers Venture Capital ran its own summit on INVE's platform before leading the round, backing a consumer-to-B2B pivot in Saudi event tech.
$300K
DEAL DUBAI
Databuddy Analytics tops $560K with Y Combinator and a16z scout backing
Dubai's Databuddy Analytics has raised more than $560K from Y Combinator, Maza Ventures and the a16z Scout programme for its self-driving product analytics platform.
$560K+
DEAL DUBAI
CapQuest raises $1M pre-seed to run cap tables for MENA startups
Co-led by Oraseya Capital and AMKM Family Office, the Dubai equity-management platform already serves customers in 11 countries.
$1M
DEAL DUBAI
Vitalls secures $1.5M from EST Growmore for cross-border digital health passport
The UAE healthtech's anchor tranche from EST Group's investment arm comes with an option for $1M more and distribution across telecom and healthcare.
$1.5M (+$1M option)
DEAL KUWAIT CITY
TheQA raises $550K pre-seed to scale AI-driven market research in Kuwait
The Kuwaiti consumer insights startup takes its first institutional cheque from an unnamed family office and strategic angels after nearly 2x revenue growth this year.
$550K (reported)
DEAL DUBAI
Ayan raises AED 2.2M pre-seed as AI assistants reshape brand discovery
Dubai startup Ayan raises AED 2.2M (~$600K) in a pre-seed round for an agentic platform that monitors and influences what AI assistants tell consumers about brands.
AED 2.2M (~$600K) (reported)
DEAL CAIRO
Former e& CEO Hatem Dowidar backs Cairo's Tactful AI in pre-Series A extension
The agentic CX infrastructure startup adds a heavyweight individual investor as it reports 11.7x ARR growth and targets a 2027 Series A.
Undisclosed (reported)
DEAL DUBAI
Nabta Health closes second tranche of $3M pre-Series A
Phoenix Venture Partners led the undisclosed second tranche, joining the board as the Dubai women's health pioneer pivots to AI-powered preventive care.
Undisclosed (reported)
$3M round
DEAL DUBAI
Popcorn AI Studio raises $1M pre-seed for Arabic-first AI filmmaking platform
The Dubai startup, founded by Shady Essam and Mohamed Hedar, builds AI video production with native Arabic lip sync and regional dialect support.
$1M
DEAL RIYADH
Saudi fintech Vrtx raises $3.6M pre-seed to build embedded finance rails
Riyadh-based Vrtx raises $3.6M pre-seed from SC Ventures, Sadu Capital and five others, betting on SAMA-licensed embedded finance infrastructure for Saudi companies.
$3.6M
DEAL CAIRO
Aqar Exit sells 10% to Ayman Abbas for EGP 10M after Shark Tank Egypt pitch
The Cairo distressed-resale marketplace closes its televised angel deal at an EGP 100M valuation and targets a $5M round for 2027.
EGP 10M (~$210K) (reported)
DEAL RIYADH
Ghanem extends pre-seed to $8.6M with fresh $1.5M
The fractional-ownership platform extended its pre-seed to $8.6M with cheques from property companies and angels, doubling down on the REGA sandbox model.
$1.5M extension · $8.6M round total
DEAL RIYADH
Foodics takes largest-investor stake in Funding Souq for embedded lending
Foodics becomes the largest investor in Funding Souq, pairing its restaurant merchant network with the crowdfunding platform's lending rails in Saudi Arabia and the UAE.
Undisclosed
DEAL DUBAI
JustAd raises $5M angel round to finance ad spend in instalments
The Dubai marketing OS connects Meta, TikTok, Snapchat and Google Ads and lets advertisers pay media budgets over up to 12 months.
$5M
DEAL DAMASCUS
Salehli raises $100K pre-seed led by EBLA Ventures
Syrian on-demand services marketplace Salehli takes $100K from EBLA Ventures and Maynger Ventures, EBLA's second Syria cheque in a week.
$100K
DEAL DUBAI
Aden opens precision-health membership in the UAE with a stated $2M seed round
Dubai-based Aden is opening a longevity membership covering 125+ biomarkers and at-home nurse draws, stating a $2M seed round with investors undisclosed.
$2M (reported)
DEAL RIYADH
Autobia raises $12M Series A led by Artal Capital
Saudi B2B auto-parts marketplace Autobia takes $12M from Artal Capital, Aljazira Capital and Wa'ed Ventures to grow logistics and embedded finance.
$12M
DEAL DAMASCUS
Syria's Alo Hakeem raises $165K pre-seed from Ebla Ventures
The Damascus home healthcare marketplace lets the diaspora book care for family in Syria and plans four more governorates by end-2027.
$165K
DEAL RIYADH
COFE Tech adds Phoenix Venture Partners backing after pre-IPO round
Phoenix Venture Partners makes a strategic follow-on investment in COFE Tech and takes a board seat, weeks after the Riyadh firm's pre-IPO close at a $178M valuation.
Undisclosed
DEAL DUBAI
Wisewell lands AED 2M MBRIF credit guarantee to scale IoT water purification
The UAE Ministry of Finance-backed fund is guaranteeing capital investment and R&D for the Dubai water-tech startup, with no equity taken.
AED 2M (~$545K)
of which $545K debt
DEAL RIYADH
Saudi AI deployment company Echelon raises undisclosed round
The ten-month-old Riyadh company founded by Prince Khalid Bin Bader Al Saud adds East40, Raed Ventures, Avra and Ben Horowitz to its cap table.
Undisclosed (reported)
DEAL RIYADH
Project Suppliers raises SAR 3.75M pre-seed for AI cash-flow tools
Riyadh construction procurement marketplace Project Suppliers closes a roughly $1M pre-seed from undisclosed angels, with 12,000 suppliers on platform.
SAR 3.75M (~$1M) (reported)
DEAL DUBAI
Entravel Group raises $7.5M to push travel rails into fintech platforms
Entravel Group raises $7.5M co-led by Ethereal Ventures and Finality Capital, days after agreeing to sell its crypto white-label business to Superlogic's Bookit unit.
$7.5M (reported)
DEAL CAIRO
MNT-Halan tops EGP 4B in securitizations ahead of October EGX listing
The Egyptian fintech topped EGP 4B in securitizations by the end of Q3, just as CIB signed a EGP 2B cornerstone deal for its proposed October listing in Cairo.
EGP 4B+ (~$83M)
of which $83.33M debt
DEAL DUBAI
MetisJean launches from Dubai with $3M pre-seed and a sovereign AI pitch
MetisJean debuts Jean, a sovereign AI operating system for public and private sector clients, backed by a $3M pre-seed and already raising a $5M seed.
$3M (AED 11M) (reported)
FIFTY DEGREE ALERT DOHA
Dandy opens QAR 206.4M share offering ahead of QSE Main Market listing
The Doha food and beverage manufacturer is selling 40% of its share capital at QAR 5 per share, with subscription running 7 to 20 October.
QAR 206.4M (~$56.6M)
DEAL DUBAI
NKN Media sells 5% to 1XL's Dhiraj Jain at AED 300M valuation
The Dubai media company behind Falcons of Majlis takes AED 15M from an individual strategic backer, pricing original-IP ambitions at AED 300M.
AED 15M (~$4.1M)
DEAL DOHA
Aligator raises $1.2M to put AI agents to work on public relations
Qatar Development Bank and Media City Qatar's Next Ventures back a Doha startup building autonomous AI agents for PR, as the Gulf's newest media free zone courts applied AI.
$1.2M
September 2026 9
DEAL RIYADH
Syarah raises $12M from Impact46 two years after its $60M Series C
The Riyadh car-buying platform takes an inside round from an existing investor to expand nationwide delivery and platform operations.
$12M
DEAL RIYADH
FlyAkeed secures $25.15M in equity and sukuk led by Sanabil
The Saudi corporate-travel platform takes SAR 94.3M, with Artal Capital, stc's tali ventures and Aljazira Capital, to launch embedded deferred payments for large enterprises.
$25.15M
DEAL RIYADH
Nayla lands $18M in equity and debt to expand micro-business lending
The first Sanabil Studio venture to close an institutional round, led on equity by Idrisi Ventures with a debt facility from BLOMINVEST, announced at LEAP.
$18M
DEAL RIYADH
Sirdab raises $10M Series A co-led by Elm and BECO to expand across the GCC
The profitable YC W23 logistics platform takes SAR 37.5M from a listed PIF digital champion and a regional VC, with Y Combinator, COTU and D Global in the round.
$10M
DEAL CAIRO
3C Coding School raises a $3M seed to enter Saudi Arabia
MRG Economic Group leads the round for the Egyptian coding school with more than 120,000 students, with Amr Saad and strategic angels joining.
$3M
DEAL KUWAIT CITY
COFE Tech closes a pre-IPO round at a $178M valuation and points at Tadawul by 2029
The Kuwait-born company, formerly COFE App, is co-led by Aramco's Wa'ed Ventures and Aditum, with Masarrah and Alyasra Foods; the amount raised was not disclosed.
Undisclosed
$178M valuation
DEAL DUBAI
Enhance raises $18.2M in equity and venture debt to push into US gyms
Global Ventures leads the equity and Stride Ventures provides the debt for the Dubai-founded personal-training software used by more than 700 US clubs.
$18.2M
DEAL DUBAI
HUMAIN takes a strategic stake in Arabic.AI to ship Arabic-first enterprise agents
The undisclosed investment, unveiled at LEAP 2026, puts translation, document-intelligence and archive-digitisation agents on HUMAIN's compute.
Undisclosed
DEAL RIYADH
Remedium secures a $1.5M pre-seed led by Kaltaire Investments
The Saudi carbon-management and sustainability-accounting platform adds water, waste and energy modules and builds in-Kingdom compute for data sovereignty.
$1.5M
August 2026 4
DEAL DUBAI
Swvl secures a $13M PIPE led by Sawiris-backed Coefficient LP
The Nasdaq-listed mobility company funds US expansion and a lending product for transport operators after Q1 revenue rose 68% to $8.2M.
$13M
DEAL DUBAI
Stellaria raises a $6.8M seed from angels at a $114.4M valuation
The Emirati geospatial-AI company, formerly Farmin, scales its Stella operating system for satellite imagery, maritime intelligence and environmental monitoring.
$6.8M
FIFTY DEGREE ALERT DUBAI
Fasset becomes a unicorn with a $68M Series C led by SBI Group
The Dubai-based stablecoin neobank hits a $1B valuation eight months after its $51M Series B, with Speedinvest in the round and $119M raised this year.
$68M
DEAL RIYADH
RIME raises a $2M+ seed led by SEEDRA Ventures for on-site physical AI
The Saudi startup deploys camera, sensor and edge-compute agents that make real-time decisions inside retail stores and service centres.
$2M+
May 2026 1
FIFTY DEGREE ALERT RIYADH
Stitch raises a $25M Series A led by a16z, the firm's first GCC investment
The Riyadh core-banking operating system, with customers including Raya Financing, LuLu Exchange, Noqodi and Foodics, takes total funding to $35M.
$25M
April 2026 1
DEAL DUBAI
Comfi raises $65M in mixed equity and debt for B2B buy-now-pay-later
Iliad Partners leads the equity, Partners for Growth provides a credit facility and Shorooq adds mezzanine as the Dubai fintech scales supplier financing across MENA.
$65M