Recent Posts
Deals•Feb 23, 2026
Takeem Secures Investment From REACH Middle East (Second Century Ventures)
UAE‑based proptech Takeem announced it has raised an undisclosed amount of funding from REACH Middle East, the regional accelerator of Second Century Ventures. The investment will support Takeem’s expansion into the B2C market and further development of its risk‑intelligence rental platform.
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Deals•Feb 23, 2026
WafR Secures $4M Seed Round to Expand Last-Mile Financial Services in Morocco
Moroccan fintech WafR raised $4 million in an oversubscribed seed round co-led by LoftyInc Capital, Attijariwafa Ventures and Almada Ventures, with participation from UM6P Ventures and First Circle Capital. The funding will be used to expand its network of corner...
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Deals•Feb 20, 2026
Dawar Acquires Strategic Stake in BekyaPay to Digitize Egypt’s Recycling First Mile
Egyptian circular economy platform Dawar has acquired a strategic stake in consumer recycling app BekyaPay, extending its digital infrastructure to the household level. The deal integrates BekyaPay’s network of over 30,000 users and 500 collection points into Dawar’s traceability system,...
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Deals•Feb 18, 2026
Origen Secures $50M Strategic Investment From Bluefive Capital
UAE-based AI tech firm Origen announced a $50 million strategic investment from Bluefive Capital to accelerate AI solutions for government services, smart homes and advanced manufacturing. The funding will support product development, partnership expansion and talent acquisition, positioning Origen as...
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Deals•Feb 18, 2026
Saudi AI Startup Deep.SA Secures Vision Ventures Investment in Pre‑seed Round
Deep.SA announced that Vision Ventures has joined its pre‑seed funding round, extending a prior SAR 4.5 million raise from TAM and Raed Ventures. The new capital will accelerate product development and expand Saudi‑built AI infrastructure, with the amount undisclosed.
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Deals•Feb 18, 2026
IFC Invests $150M with Banque Misr to Scale Green Finance in Egypt
The International Finance Corporation (IFC) announced a $150 million investment with Egypt’s Banque Misr to scale green finance across energy efficiency, renewable energy, sustainable transport and green buildings. The partnership, signed during IFC’s Vice President for Africa’s visit, also earmarks 20 %...
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Deals•Feb 17, 2026
Stake Raises $31M Series B Led by Emirates NBD
UAE-based proptech platform Stake announced the close of a $31 million Series B round, led by Emirates NBD. The round also included Mubadala Investment Company’s MENA Venture Capital Fund, Middle East Venture Partners, Property Finder, STV NICE, Wa’ed Ventures, GFH...
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News•Feb 16, 2026
Saudi Cybersecurity Startup Solidrange Raises $2.4 Million Seed Round
Saudi cybersecurity startup Solidrange closed a $2.4 million seed round, led by Sharaka Capital with participation from Sadu Capital, SEEDRA Ventures and Tali Ventures. Founded in 2023, the Riyadh‑based firm offers AI‑powered Governance, Risk and Compliance automation and a cybersecurity awareness...
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News•Feb 16, 2026
ZIWO Raises Strategic Debt Investment From Amplify Growth Fund
UAE‑based AI contact‑centre platform ZIWO has secured a strategic growth credit investment from Ajeej Capital’s Amplify Growth Fund, with the amount undisclosed. The funding will finance ZIWO’s expansion across the GCC, deepen regional partnerships, and accelerate the rollout of advanced...
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News•Feb 16, 2026
Saudi BNPL Madfu Closes $25.5 Million Pre-Series A
Saudi fintech Madfu secured $25.5 million (SAR 95 million) in a pre‑Series A round led by Afaq Capital, with angel investors participating. Founded in 2022, the startup offers Sharia‑compliant Buy‑Now‑Pay‑Later services that split purchases into up to six interest‑free installments. The capital will fund...
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Deals•Feb 16, 2026
Singapore's Ascentium Acquires Clara to Expand Footprint in UAE
Singapore-based business services platform Ascentium announced the acquisition of UAE-based regtech and corporate service provider Clara for an undisclosed amount. The deal gives Ascentium a foothold in the Abu Dhabi Global Market and Dubai International Financial Centre, while Clara gains...
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Deals•Feb 16, 2026
Saudi Cybersecurity Startup Solidrange Raises $2.4M in Seed Round
Saudi Arabia-based cybersecurity startup Solidrange announced a $2.4 million seed round led by Sharaka Capital, with participation from Sadu Capital, SEEDRA Ventures and Tali Ventures. The funding will support regional expansion, product development and AI integration across its GRC automation...
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Deals•Feb 16, 2026
Saudi Fintech CASHIN Raises $16M Series A Led by Impact46
Saudi Arabia-based fintech CASHIN announced the closing of a $16 million Series A round, led by Impact46. The funding will support the expansion of its AI-enabled platform for fuel station operators across the Kingdom and deepen integrations with regulators and...
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Deals•Feb 16, 2026
Madfu Raises $25.5M in Pre-Series A Round Led by Afaq Capital
Saudi fintech startup Madfu announced a $25.5 million (SAR 95 million) pre‑Series A funding round led by Afaq Capital, with participation from angel investors. The capital will be used to expand its merchant network, upgrade technology, and develop new Sharia‑compliant...
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Deals•Feb 16, 2026
XSquare Secures Undisclosed Investment From AngelSpark to Accelerate B2B Finance Platform
UAE‑based fintech XSquare announced it has raised a new round of funding from AngelSpark, with the amount undisclosed. The capital will be used to expand product development, scale infrastructure, and enhance its unified B2B financial operations platform. The announcement was...
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News•Feb 10, 2026
Shorooq, PayLater Sign MOU to Explore Institutional Credit Facility
UAE‑based investment firm Shorooq has signed a Memorandum of Understanding with Qatar’s first QCB‑licensed, Sharia‑compliant BNPL provider PayLater to explore a scalable, institutional‑grade credit facility. The proposed financing would be non‑dilutive and aligned with Sharia principles, giving PayLater capital to...
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News•Feb 10, 2026
CedarBridge Begins Deploying Third Private Equity Fund Across the GCC
CedarBridge Partners has started deploying capital from its third private equity vehicle, CedarBridge High Growth III (CBHG III), a $150 million fund aimed at building platform businesses in education, healthcare, beauty, wellness and pet care across the GCC. Managed by Access...
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News•Feb 10, 2026
Qatar’s SkipCash Raises $4 Million Series A
Qatar‑based fintech SkipCash closed a $4 million Series A round, drawing investors such as Qatar Development Bank, Qatar Islamic Insurance, KBN Holding, Finjan Venture, Ula Capital and Doha Tech Angels. The funding will be used to upgrade its smart payments stack, broaden...
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News•Feb 10, 2026
Shorooq Deepens Doha Roots as Snoonu Founder Backs Its Growth and AI Funds
UAE‑based Shorooq announced that Hamad Al‑Hajri, founder of delivery platform Snoonu, will invest in both its newly launched late‑stage growth fund and its global AI fund. The growth vehicle is backed by the Qatar Investment Authority, while the AI strategy...
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News•Feb 10, 2026
Mersal Media Capital Secures $1.3 Million in First Funding Round
Mersal Media Capital, a Saudi‑based media‑focused investment platform founded by Abdulwahid Alhumaid and Anas Al Humaid, closed its first funding round with SAR 5 million ($1.33 million) from an unnamed private fund. The capital will be deployed to accelerate growth, enhance operational readiness,...
By Wamda
News•Feb 10, 2026
MUHIDE Closes Series A Round Backed by Asyad Group
MUHIDE has closed a Series A round backed by Asyad Group, marking a key milestone for the Saudi fintech’s mission to modernise B2B trade. The undisclosed‑amount funding will be used to expand the team, enhance platform capabilities, and accelerate the creation...
By Wamda
News•Feb 10, 2026
Jordan’s Alefredo EdTech Acquires UK's Tutor House in $600,000 Deal
Jordan-based Alefredo EdTech has completed the acquisition of UK tutoring platform Tutor House for $600,000, primarily via equity in Alefredo Holding Company with performance‑based add‑ons. Tutor House brings a network of over 30,000 tutors serving more than 15,000 students worldwide,...
By Wamda
News•Feb 10, 2026
Egypt’s Tactful AI Raises $1 Million Pre-Series A to Scale Agentic CX
Tactful AI, an Egyptian CX platform specializing in agentic AI, secured $1 million in a pre‑Series A round co‑led by Foras AI and M Empire. The funding will bolster growth in Egypt, validate expansion across EMEA, and accelerate R&D to enhance scalability...
By Wamda
News•Feb 10, 2026
InvestSky Expands Into Saudi Arabia Following $4 Million Seed Round
InvestSky, a UAE‑based fintech, closed a $4 million seed round, bringing its total capital to $7.4 million, and secured a Financial Technology Experimental Permit from Saudi Arabia’s Capital Market Authority. The company announced its market entry through a pioneering partnership with anb...
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News•Feb 10, 2026
Egypt Introduces Unified Framework to Support Startups
Egypt has unveiled the Egypt Startup Charter, its first government‑backed framework dedicated to nurturing startups and entrepreneurship. The charter, shaped by a year of consultations with 15 ministries and over 250 ecosystem stakeholders, defines startups officially and bundles incentives, a...
By Wamda
News•Feb 10, 2026
UAE Startup ThrowMeNot Secures $550k Pre-Seed
UAE‑based ThrowMeNot closed a $550,000 pre‑seed round led by Sheikh Ahmed bin Mana Al Maktoum. The startup, founded in 2025 by Archie Rudyuk, operates a marketplace for near‑expiry and surplus food, offering discounts up to 90% and currently lists over 2,700...
By Wamda
News•Feb 10, 2026
Saudi Fintech SiFi Raises $20 Million Series A Led by Ra’ed Ventures
Saudi fintech Simplified Financial Solutions Company (SiFi) secured a $20 million Series A round led by Ra’ed Ventures, with participation from QED Investors, Breyer Capital, MEVP and several local backers. The financing follows a $10 million seed round, bringing total capital raised to...
By Wamda
News•Feb 10, 2026
Zain Hosts Demo Day for Regional Startup Accelerator Zain Great Idea
Kuwait‑based Zain Group staged a Demo Day for its flagship accelerator Zain Great Idea, showcasing eleven tech startups from six Arab markets. The event marked the programme’s final milestone and opened pathways for investment and strategic partnerships. Zain Ventures paired...
By Wamda
News•Feb 10, 2026
UAE Fintech Omnispay Raises $2 Million Pre-Series A
Omnispay, a UAE fintech founded in 2022, closed a $2 million pre‑Series A round led by Infinity Value Capital Group. The capital will fund its shift from a rapid‑settlement payments provider to a comprehensive SME finance platform offering cash‑flow management, collections, payments,...
By Wamda
News•Feb 10, 2026
Routech Express Bags $1 Million Pre-Seed
Saudi‑based logistics tech startup Routech Express closed a SAR 3.75 million ($1 million) pre‑seed round led by Q Fund, with angel participation. The platform aggregates multiple carriers, delivering instant price comparison, booking, payment and tracking through a single digital interface. Funds will accelerate...
By Wamda
News•Feb 10, 2026
Syrian Agritech Nutra-GreeniX Secures $200K Seed Round
Syrian agritech startup Nutra-GreeniX closed a $200,000 seed round led by EBLA Ventures, with participation from Syrian and Saudi angel investors. Founded in 2024, the company delivers clean‑energy‑powered nutritional solutions for the livestock sector. The capital will fund expansion of...
By Wamda
News•Feb 10, 2026
Jazr.io Closes $213K Pre-Seed to Scale AI-Powered Accounting Platform
Saudi Arabia’s Jazr.io, a SaaS platform for restaurant accounting, closed a SAR 800,000 ($213,000) pre‑seed round led by angel investors. Founded in 2024 by Mohammed Almoshwah, the solution combines inventory management with AI‑driven financial automation for cafés and eateries. The...
By Wamda
News•Feb 10, 2026
Smart Bricks Closes $5 Million Pre-Seed to Automate Real Estate Investing
Smart Bricks, a Dubai‑based proptech startup, closed a $5 million pre‑seed round led by Andreessen Horowitz’s a16z Speedrun, with participation from global funds and angels. The company is building an AI‑native infrastructure that automates the end‑to‑end real‑estate investment workflow, compressing a...
By Wamda
Deals•Feb 10, 2026
Jazr.io Closes $213K Pre‑seed Round to Scale AI‑powered Accounting Platform
Saudi Arabia‑based F&B SaaS platform Jazr.io has raised $213,000 (SAR 800,000) in a pre‑seed round led by unnamed angel investors. The funds will be used to develop compliance tools, AI‑driven automation, and expand product development for its accounting and inventory management...
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Deals•Feb 10, 2026
Syrian Agritech Startup Nutra-GreeniX Secures $200K Seed Round Led by EBLA Ventures
Syrian agritech startup Nutra-GreeniX announced the closing of a $200,000 seed round, led by EBLA Ventures with participation from Syrian and Saudi angel investors. The funding will be used to expand operations, increase production capacity, and develop new sustainable livestock...
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Deals•Feb 10, 2026
InvestSky Raises $4M Seed Round to Expand Into Saudi Arabia
UAE‑based fintech platform InvestSky announced a $4 million seed round backed by Emkan Capital, Run Ventures, S3 Ventures and Al‑Romaizan Family Office along with other regional investors. The funding will support its expansion into Saudi Arabia, bolstered by a strategic partnership...
Wamda
Deals•Feb 10, 2026
SkipCash Secures $4M Series A Funding to Expand Across GCC
Qatar-based fintech platform SkipCash announced the close of a $4 million Series A round, led by Qatar Development Bank, Qatar Islamic Insurance Company, KBN Holding Group, Finjan Venture Investments, Ula Capital and Doha Tech Angels. The funding will be used to scale...
Wamda
Deals•Feb 10, 2026
Jordan’s Alefredo EdTech Acquires UK’s Tutor House for $600,000
Jordan-based Alefredo EdTech announced the acquisition of UK-based tutoring platform Tutor House for $600,000. The deal, structured primarily as equity in Alefredo Holding Company, expands Alefredo’s AI-driven learning stack and adds a network of over 30,000 tutors. The acquisition strengthens...
Wamda
Deals•Feb 10, 2026
Omnispay Raises $2M Pre-Series A Round Led by Infinity Value Capital Group
UAE fintech Omnispay announced the closing of a $2 million pre‑Series A funding round, led by Infinity Value Capital Group. The new capital will support product expansion, embedded credit capabilities, and growth across the GCC, including Saudi Arabia. The round follows a...
Wamda
Deals•Feb 10, 2026
MUHIDE Secures Series A Funding From Asyad Group
Saudi fintech MUHIDE announced the close of its Series A funding round, backed by Saudi conglomerate Asyad Group. The undisclosed investment will support MUHIDE’s mission to modernise B2B trade in Saudi Arabia by expanding its team and platform capabilities.
Wamda
Deals•Feb 10, 2026
Mersal Media Capital Secures $1.3M in First Funding Round
Saudi Arabia-based Mersal Media Capital closed its first funding round, raising SAR 5 million ($1.3 million) from an unnamed private investment fund. The capital will support the platform’s growth, operational readiness, and strategic partnerships in digital media assets across the region.
Wamda