Cercli raises $12mln Series A for AI-native workforce platform, marking Picus Capital’s fiirst MENA investment

Cercli raises $12mln Series A for AI-native workforce platform, marking Picus Capital’s fiirst MENA investment

Cercli’s revenue grows 10x in the past 12 months as enterprises embrace generational shift to singular AI-native systems of record across their HR tech stack. Cercli processes over $100 million in payroll across 50+ countries Picus Capital’s first Middle East & North Africa investment signals major VC confidence in MENA tech ecosystem Funding will accelerate […]

CADO raises $4.5mln in pre-seed round to accelerate regional and global expansion

CADO raises $4.5mln in pre-seed round to accelerate regional and global expansion

From Sanabil 500, a German family office and a group of high-net-worth and angel investors. Dubai, UAE — CADO, the UAE-founded premium gifting platform, has announced the close of its $4.5 million pre-seed funding round, marking a major step in its mission to redefine the global gifting economy. The round included participation from Sanabil 500, a […]

Abu Dhabi’s M2 Capital Invests $21 Million in Nasdaq-Listed AVAX One, Digital Asset Treasury

Abu Dhabi’s M2 Capital Invests $21 Million in Nasdaq-Listed AVAX One, Digital Asset Treasury

Abu Dhabi, UAE – M2 Capital Limited, the proprietary investment arm of M2 Group, a UAE-headquartered conglomerate with a diversified portfolio in digital asset solutions, has announced a $21 million strategic investment in the Nasdaq-listed AVAX One Digital Asset Treasury (DAT), which is focused on AVAX, the native token of the Avalanche ecosystem. This investment reflects […]

Tunisian Fintech and Insurtech Startup PAYDAY Raises Pre-Seed Round at $3 Million Valuation

Tunisian Fintech and Insurtech Startup PAYDAY Raises Pre-Seed Round at $3 Million Valuation

TUNISIA – PAYDAY, a Tunisian fintech and insurtech startup, has successfully closed its first pre-seed financing round led by UGFS North Africa (United Gulf Financial Services), with participation from TALYS Group and BioProtection SA, valuing the company at $3 million. Founded in 2024 by Mohamed Anouar Gadhoum and Shaher Abbas, PAYDAY connects insurers, banks, and […]

DisrupTech Ventures Makes Strategic Investment in Morocco’s Chari to Expand Fintech Reach Across Africa

Chari closes $12mln Series A and becomes the first VC-backed startup to obtain a financial institution license in Morocco

Casablanca, Morocco: Chari, the YC-backed startup founded in 2020 by husband-and-wife duo Ismael Belkhayat (ex-BCG) and Sophia Alj (ex-McKinsey), has closed a $12M Series A round—the largest Series A ever raised in Morocco. The round was led by SPE Capital and Orange Ventures, with participation from Verod-Kepple, Global Founders Capital, Plug and Play, Endeavor Catalyst, […]

UAE Legal Tech Startup Oqood Secures $1 Million Seed Funding from a group of angel investors

UAE Legal Tech Startup Oqood Secures $1 Million Seed Funding from a group of angel investors

UAE-based legaltech startup Oqood has raised $1 million in seed funding from a group of angel investors, marking a key milestone in the company’s mission to accelerate digital transformation in the legal sector. Founded by Khaled Al Rasheed, Oqood builds AI-driven legal solutions designed to streamline workflows and improve efficiency for law firms and corporate […]

Metric & Nabta: $12 Million Partnership to Deploy Financial Intelligence to 1,000 Clinics across MEA

Metric & Nabta: $12 Million Partnership to Deploy Financial Intelligence to 1,000 Clinics across MEA

This partnership will empower local clinic owners and medical staff to retain ownership and independence while gaining access to NABTA’s hybrid care model, corporate health integrations, and Metric’s cutting-edge financial intelligence. Together, we’ll equip 1,000+ clinics over 5 years with the tools to operate more efficiently, transparently, and profitably, ensuring that care remains patient-centred and […]

Touché Privé raises $5mln from Amplify Growth partnership for GCC expansion

Touché Privé raises $5mln from Amplify Growth partnership for GCC expansion

The company now reaches customers in over 100 countries through its omnichannel platform, spanning e-commerce and physical retail Saudi Arabia will be the first GCC market where Touché Privé opens flagship stores, in partnership with one of the Kingdom’s leading retail groups Focused on women aged 20–45, the brand delivered 102% year-on-year growth in 2024, […]

EMMA Systems secures seed funding from Plus VC to drive next-generation aviation technology

EMMA Systems secures seed funding from Plus VC to drive next-generation aviation technology

Funding to back AI-powered platform to transform airport and airline operations with smarter, safer, and more sustainable solutions, while accelerating product portfolio extension and expanding EMMA’s global footprint MENA: EMMA Systems, an AI-driven SaaS platform that unifies real-time operational data across airports, airlines, and aviation stakeholders to drive efficiency, predictability, and sustainability, announced today, an investment […]

Sriwijaya Capital and BlueFive Capital Forge Strategic Alliance to Boost Gulf–ASEAN Investment Corridor

Sriwijaya Capital and BlueFive Capital Forge Strategic Alliance to Boost Gulf–ASEAN Investment Corridor

Singapore — Sriwijaya Capital, a Southeast Asia-focused private equity firm, founded by prominent Indonesian business leader, Arsjad Rasjid, has signed a Memorandum of Understanding (“MoU”) with Abu Dhabi-based BlueFive Capital to form a strategic alliance aimed at strengthening capital flow between the Gulf and Southeast Asia. The partnership will focus on building a South-to-South investment corridor, […]