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
The Wire · DEAL
Deals
Funding rounds, dated and sourced, with the number as the hero.
September 2026 9
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