Dubai-based restaurant reservation and guest management platform Eat App has raised $10 million in a Series B extension round led by PSG Equity, via its portfolio company Zenchef SAS, as it sharpens its focus on India as a core growth market. The extension round is larger than Eat App’s original $6 million Series B in […]
Istanbul — Dataroid, an AI-powered digital analytics and customer engagement platform, announced that it has completed a US $6.6 M Pre-Series A investment round led by the FinAI Venture Capital Fund of Tacirler Asset Management with participation from the Tacirler Asset Management Future Impact Venture Capital Fund and Endeavor Catalyst. Founded by Fatih İşbecer, Elif Parlak, and Can Elmas, […]
Dubai, United Arab Emirates — OpenCX, an AI-native enterprise customer communication platform, has raised $7 million in a funding round led by Y Combinator (participating for the second time) and X by Unifonic, with participation from MENA’s leading investment firm Shorooq – an Abu Dhabi-headquartered investment firm regulated by the FSRA as a Fund Manager and […]
Investment reinforces CE‑Ventures’ strategy of supporting globally competitive, R&D‑led biotech ventures Category-leading synthetic biology‑driven drug discovery company supported by leading international venture capitalists Sharjah, United Arab Emirates – CE‑Ventures, the corporate venture capital platform of Crescent Enterprises, today announced its participation in the Series A funding round for Think Bioscience (“Think Bio”), a biotechnology company pioneering […]
MANAMA, BAHRAIN – Flooss, Bahrain’s leading Sharia-compliant digital consumer financing platform, has secured a $22 million credit facility, structured by Shorooq, a leading Abu Dhabi-headquartered investment firm regulated by the FSRA as a Fund Manager. This strategic investment is designed to fuel Flooss’s growth and scale its instant, shariah-compliant lending solutions to the region’s rapidly growing, digitally […]
Abu Dhabi–based fintech startup Mal, founded by Abdallah Abu-Sheikh, has raised $230 million in a seed funding round, marking the largest seed-stage investment ever recorded in the MENA region. The round was led by BlueFive Capital, an investment firm founded in 2023 by former Investcorp executive Hazem Ben-Gacem. BlueFive Capital manages more than $4 billion […]
Phaze Ventures today announced our participation in eMushrif’s $7.5 million funding round, backing the team again as they accelerate their next phase of growth. The round was led by Jasoor Ventures and also saw participation from Annex Investment, Ithca Group, IDO Investment, and a number of other prominent private investors. The company currently serves more than 120,000 students across public and private schools […]
RABAT — Moroccan fintech startup Woliz has announced the closing of a $2.2 million pre-seed funding round, led by Sanlam Maroc, marking the insurer’s first-ever investment in a startup through a long-term, institutional private equity approach. The investment will support the acceleration of Woliz’s AI-powered, fintech-enabled platform, which aims to digitise and structure neighbourhood retail […]
Kuwait City — The Badir Fund for Developing Small and Medium Enterprises (SMEs), a special account managed by the Arab Fund for Economic and Social Development and dedicated to supporting SMEs, announced its investment in Middle East Venture Fund IV (MEVF IV). This investment aims to enable technology startups to access equity capital, thereby helping to […]
Damascus, Syria – Doushesh, a Syrian digital classifieds platform, has successfully closed a pre-seed funding round at the start of 2026, marking a significant milestone for the country’s emerging startup ecosystem. Founded in 2025 by Alaaeddin Zarzour and Zafer Odabashi, Doushesh operates a comprehensive online classifieds marketplace spanning real estate, vehicles, electronics, furniture, jobs, and […]