Morocco’s YC-backed fintech Chari closes a $12M Series A led by SPE Capital and Orange Ventures, marking a national record and a major regulatory milestone with a financial institution license.
Dubai fintech UPFRONT raises $10 million pre-seed to solve SMB cash flow inefficiencies in MENA, led by Palm Ventures and SABAH.fund.
Saudi fintech startup Bwatech has raised $16 million in a Sharaka Financial-led round to scale its corporate banking solutions, advance open banking infrastructure, and accelerate Saudi Arabia’s financial sector transformation under Vision 2030.
Riyadh-based fintech will use funding to scale API integrations, enhance product development, and accelerate regional adoption of secure, real-time financial connectivity.
UAE-based Armoir bags $500K seed funding to expand into Europe & MENA, targeting the premium luggage market projected to hit US$75B by 2031.
The UAE’s CE-Ventures has joined global investors in Aalo Atomics’ $100M Series B, backing modular nuclear technology aimed at powering the AI-driven energy future.
Gathern raises $72M Series B, valued at $266M, to expand Saudi Arabia’s top vacation rental platform, supporting Vision 2030 tourism growth and IPO plans.
Salasa’s $30M bet leverages AI to streamline Saudi e-commerce logistics, riding Vision 2030’s growth and fixing fulfillment fragmentation in the Gulf region.
Parag Agrawal launches AI startup Parallel with $30 million funding, claims to outperform OpenAI’s GPT-5 in advanced web-centric research tasks.
xLight raises $40M to develop breakthrough EUV laser tech, aiming to transform chip manufacturing and boost US leadership in the semiconductor race.
Prop-AI, the AI-powered platform revolutionizing how people discover, evaluate, and purchase real estate, last week closed its pre-seed funding round.
France-based Kumulus Water, the WaterTech startup transforming air into clean drinking water, has successfully raised $3.5 million in seed funding.