Fund backed by Jada, SVC, SAB, Mubadala, Takamol, Krafton, ISSF, strengthening support for early-stage FinTech across MENA. Dubai, UAE: VentureSouq, a GCC-based venture capital firm, announced the close of its second FinTech Fund (FinTech Fund II), reinforcing its position as a leading early-stage investor in the MENA region. The successful close marks a significant step […]
Doha, Qatar — A-typical Ventures announces its investment in Metric, the Abu Dhabi headquartered AI fintech startup empowering small and medium‑sized businesses with real‑time financial intelligence. The funding round also includes participation from investors such as 500 Global, Hub71, i2i Ventures, Plus VC, Epic Angels, Oqal Angels, Accelerate Prosperity, as well as other strategic angel investors from the region. Metric’s […]
The investment marks a major milestone in PRYPCO’s growth and General Catalyst’s entry into the MENA PropTech space. Dubai, UAE – PRYPCO, the UAE-born PropTech transforming the way real estate is owned, financed, and invested in, together with General Catalyst, today announced that General Catalyst has led PRYPCO’s Pre-Series A round. This milestone marks General Catalyst’s […]
Over eighty per cent of startups selected are developing AI-driven solutions to address critical challenges across priority sectors. Hub71, Abu Dhabi’s global tech ecosystem, has onboarded its most AI-intensive cohort to date, welcoming 26 high-growth startups to its 17th Cohort. Together, these companies have raised over USD 223 million (AED 818 million), the largest funding […]
Casablanca, Morocco – Justyol, a Morocco-based cross-border e-commerce platform, has raised a $1 million strategic package combining equity funding and inventory financing to accelerate its regional expansion. The package includes $400,000 in equity investment from an angel investor and $600,000 in inventory financing from Turkey’s Danis Group, a major investment firm. The deal was facilitated […]
216 Capital announces a new strategic investment in Addvocate.AI, a Franco-Tunisian startup specialised in optimising sales performance with artificial intelligence. With the exponential rise of artificial intelligence, the sales sector is entering a new era of smart automation. Today, having a digital copilot capable of managing and optimising every lever of sales performance is no […]
Integration to establish BlueFive Private Wealth, focusing on real estate and infrastructure investments in Europe, the US and Asia. Neo Capital brings $650m in AUM across European and US real estate Dubai, United Arab Emirates: BlueFive Capital today announced the full integration of private wealth manager Neo Capital, which manages $650 million in assets. Effective immediately, […]
With 87% of UAE car rental revenue projected to come from online bookings by 2030, WheelsOn aims to capture this digital-first demand by offering a native, fully automated service that rivals traditional agencies. Dubai, the UAE: WheelsOn, the UAE’s mobile-first car rental platform, has closed a $12.5 million funding round, including $2.2 million in equity from […]
Cairo/San Francisco — September 1, 2025 — Munify, a cross-border neobank built for the Egyptian diaspora, has raised $3 million in seed funding from Y Combinator, BYLD, and DCG. The startup, founded by Khalid Ashmawy, a former Microsoft and Uber engineer and co-founder of proptech scaleup Huspy, aims to modernize the remittance experience for millions […]
Dubai, UAE — Seraya, a Dubai-based proptech and hospitality startup, has secured $1.8 million in seed funding through a mix of equity and debt, bringing its total capital raised to $2.15 million. The round was led by a prominent Saudi family office and DLL, a German family office, with additional participation from strategic angel investors. […]