XFOLIO, a next-generation wealth and treasury management platform, announced today the successful close of its $2 million Seed round, fully funded by Middle East Venture Partners (MEVP). The investment will accelerate XFOLIO’s product development, market expansion, and strategic partnerships across MENA and Europe. Founded in 2024 by serial entrepreneur Anis Rahal – previously founder of TreasuryXpress (acquired […]
Berlin, Germany – June 12, 2025 — German FinTech startup Payrails, a global payment software company, has raised €27.7 million in a Series A funding round to accelerate product innovation, scale its platform, and support commercial growth across EMEA. The funding round was led by HV Capital’s Growth Fund, with participation from existing investors EQT […]
eVoost AI, an Abu Dhabi-based proptech founded in 2024 by Cristian Pastrana, raised seed funding from Qora71, marking the syndicate’s first lead investment. The startup uses emotional profiling and behavioural segmentation to deploy AI-powered virtual agents for real estate buyers, offering tailored property suggestions and analytics. Funds will go toward the global expansion of its […]
Istanbul, June 2025 — VenueX, an Istanbul-based AI startup, has secured USD 1.2 million in a bridge funding round led by Singapore-based Orbit Startups. Other participants in the round include Re-Pie, Akkök Holding, and Akyasam. The funding will be used to fuel the company’s expansion across the Middle East and North Africa (MENA) region, with […]
Abu Dhabi – Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced today that global healthcare technology company CorroHealth has made a strategic investment into one of its portfolio companies, Santechture, a Dubai based pioneering revenue cycle management (RCM) intelligent technology solutions provider. The deal brings together […]
Dubai, UAE – Legal tech startup Qanooni has raised $2 million in seed funding to transform the way legal professionals interact with AI. The round was led by Village Global, with participation from Salica Investments’ Oryx Fund, TA Ventures, and a group of strategic angel investors. The fresh capital will be used to accelerate Qanooni’s expansion […]
Riyadh, Saudi Arabia – June 5, 2025 — Emirates NBD Capital KSA, the investment arm of Emirates NBD Group in Saudi Arabia, has received approval from the Capital Market Authority (CMA) to launch a new public fund in the Kingdom. The newly approved “ENBDC Saudi Equity Freestyle Fund” will offer investors access to Saudi equities, […]
Dubai, UAE: At its Annual General Meeting, the Dubai Future District Fund (DFDF), which is anchored by Dubai International Financial Centre (DIFC) and the Dubai Future Foundation (DFF), unveiled highlights from its 2024 performance, celebrating a year of strategic growth, deepened alignment with Dubai’s economic vision, and bold steps toward fostering a resilient, inclusive innovation ecosystem. […]
Kumulus Water, a Tunisia-based WaterTech startup that turns air into clean drinking water, has raised $3.5 million in seed funding to expand its operations and scale its atmospheric water generation technology, a company statement showed on Tuesday. Funding details The round was backed by Bpifrance (via France 2030 SGPI and the Île-de-France Region), regional VCs […]
Abu Dhabi – Khalifa Fund for Enterprise Development (KFED) has entered into a strategic agreement with the Inovartic Investment to enhance bilateral cooperation and support startups in the gaming sector in the UAE. At the centre of this agreement is a comprehensive framework designed to support early-stage gaming enterprises by offering incubation services, specialised training programs, […]