Alaan, a UAE-based spend management platform, announced Tuesday that it has raised $48 million in an oversubscribed Series A funding round to accelerate its expansion in Saudi Arabia and enhance its suite of artificial intelligence (AI)-powered finance automation tools. The company had previously raised $7.5 million across its Seed and Pre-Series A rounds. Funding details The round was […]
Cairo-based Suplyd secures $2M in Pre-Series A to Digitize Egypt’s $10B HORECA Supply Chain
Investment led by 4DX Ventures, Camel Ventures, and Plus VC to power Suplyd’s next growth phase beyond distribution. The round also includes participation from Seedstars and existing investors as Suplyd gears up to expand across Egypt and scale new services. Cairo, Egypt – Suplyd, the Cairo-based digital procurement platform for restaurants, announced the successful raise of […]
Wuilt Raises $2 Million to Democratize E-commerce from Egypt to the World
Wuilt, the MENA region’s all-in-one e-commerce enablement platform, has raised $2 million to accelerate its mission of democratizing e-commerce—starting in Egypt and expanding across the region and beyond. The round includes follow-on investment from Flat6Labs and MTF VC and participation from Mubadala-backed Hub71, JIMCO (Abdul Latif Jameel’s VC arm), Purity Tech, and a strong network of strategic angel […]
UAE’s Mubadala Capital invests in US AI firm Anaconda’s $150mln Series C to Power AI for the Enterprise
Anaconda, Inc., the company committed to advancing AI with open source at scale, today announced that it raised over $150M in a Series C funding round led by Insight Partners, with participation from Mubadala Capital. The company operates profitably with over $150M in annual recurring revenue (ARR) as of July 2025. This news comes on the heels […]
Libya-based e-commerce platform Mataa closes seed round from local angel investors
Mataa, a Libya-based e-commerce platform, announced the closing of its first Seed investment round, backed by a group of Libyan business angels. The funding marks a significant milestone in the startup’s journey to enhance digital commerce in Libya and the broader North African region. Speaking on the occasion, Mataa’s Founder and CEO Ibrahim Shuwehdi stated […]
Qatar Investment Authority Joins $132 Million Series B Round for Cancer Biotech Firm Artbio
The Qatar Investment Authority is a first-time investor in Artbio. The Qatar Investment Authority (QIA) has emerged as a key investor in a $132 million Series B funding round for Artbio, a clinical-stage radiopharmaceutical biotech company. This marks the Qatari sovereign wealth fund’s first investment in the US-headquartered firm, which is pioneering a new class […]
Zodia Markets raises $18.25mln in Series A to fuel International Expansion, Stablecoin Payments
Capital to accelerate international growth, stablecoin payment solutions, multi-asset trading products and regulated digital asset infrastructure. London, Monday 28th July 2025 – Zodia Markets, the digital asset platform enabling institutional capital through stablecoins, has raised $18.25 million in a Series A funding round, as demand for real-time wholesale trading, settlement and cross-border movement via stablecoins skyrockets. The […]
UAE-based CE-Ventures Invests in Fintech Giants Plaid and Mesh, Signaling Strong Bet on Future of Open Finance
UAE-headquartered venture capital platform participates in combined $657 million funding rounds for leading fintech and crypto firms. Investments in Silicon Valley Startups Plaid and Mesh Focuses on Data Infrastructure and Digital Asset Movement as Critical Enablers of Financial Interoperability Future Of Finance to be Open, Programmable, and Crypto-Native, Requiring New Technical Infrastructure Generational Shift in […]
Toyow secures $10mln investment from Nimbus Capital to drive tokenisation globally
Toyow has already lined up more than US$38 billion in assets for investment in the coming months, after signing of an MoU with Nisus Finance to tokenise US$500 million real estate assets under management. Dubai, UAE: Toyow, the world’s first multi category tokenised asset marketplace, has secured a US$10 million strategic investment from Nimbus Capital, a […]
Omani startup SafaQat raises funding to expand AI-powered procurement platform
Muscat – Omani startup SafaQat, which focuses on digital procurement and supply, has secured new investment from Future Fund of Oman (FFO) and ITHCA Group. Supervised by Authority for Small and Medium Enterprises Development (ASMED), the startup is seen as part of the broader push to build a sustainable digital economy in the sultanate. Founded by […]
