"We Got Funded!"
"We Got Funded!" KSA-Headquartered erad's US$16 Million Pre-Series A Round Backed by YCombinator and VentureSouq
erad is a financing platform that helps SMEs access Shariah-compliant working capital solutions.
"We Got Funded!" Netherlands-Based EME Raises US$5 Million in a Series A Round led by Wa'ed Ventures as it Expands into KSA
"Circularity is new for many industries here- we're working to shift the mindset by showing how overlooked materials are actually opportunities waiting to be unlocked."
"We Got Funded!" UAE-Based Wafeq Raises a US$7.5 Million Series A Funding Round to Offer its Digitized Accounting Tools to MENA SMEs
Wafeq offers a cloud-based platform that automates manual processes, integrates directly with local banks, and stays updated with regional compliance requirements.
"We Got Funded!" InvoiceQ Raises US$1.2 Million Pre-Series A Funding Round as it Aims to Expand Further into the GCC
With InvoiceQ's solutions, companies are able to comply with tax authorities, get dynamic system integrations, and advanced customization options.
"We Got Funded!" UAE-Headquartered Epik Foods' US$15.5 Million Investment from Ruya Fund is Set to Propel its Regional Expansion Goals
The group's investment news thus comes just days away from its first anniversary as a fully operational business.
"We Got Funded!" UAE-Based Pemo Is Set to Further Transform the Regional Spend Management Sector Following a US$7 Million Pre-Series A Round
"We provide a great solution with Pemo, as we automate the whole spend management process, right from payment, to expense submission and approval, to account reconciliation."
"We Got Funded!" KSA-Based Lean Technologies' US$67.5 Million Series B Round Marks Silicon Valley-based General Catalyst's Debut Investment in the Kingdom
"By expanding access to financial data and offering seamless payment solutions, we're fostering a more inclusive financial landscape across the region."
"We Got Funded!" UAE-Based Cercli's US$4 Million Seed Round Marks Silicon Valley-Based Afore Capital's Debut MENA Investment
Launched by Akeed Azmi and David Reche, Cercli enables MENA businesses to hire, manage and pay their global workforce seamlessly while reducing the cost of compliance that arises due to human errors.
"We Got Funded!" KSA-Based Yalla Plus Raises US$2.7 Million In Seed Funding As It Aims To Reach 100,000 Hospitality Entrepreneurs
Over the next five years, the startup aims to establish its presence across 50 countries, including those in the Middle East, Europe, and Southeast Asia.
"We Got Funded!" UAE-Headquartered E Daddy Raises US$15 Million In Funding To Enhance Its Electric Vehicle Offering
In the first quarter of 2025, E Daddy will officially debut its purely electric motorcycle- a vehicle that has been engineered to emit zero tailpipe emissions and is thus expected to reduce annual carbon emissions by 0.6 million tons.
"We Got Funded!" Egypt-Based Synapse Analytics' US$2 Million Funding Round Is Set To Expand Its Artificial Intelligence Technologies Across The GCC And Africa
"We are building to give fintechs all the tools to provide the right product to the right customer, safely and responsibly."
"We Got Funded!" Dubai-Based Fintech Startup Mamo Raises A US$3.4 Million Funding Round
The newly raised capital will be allocated to expand Mamo's product offering within the UAE and support testing its product lines in Saudi Arabia.
"We Got Funded!" Egypt-Headquartered DoPay Raises US$13.5 Million In An Extension Of Its $18 Million Series A Round
By enabling real-time digital payments -even on weekends and holidays- from employers to workers and other beneficiaries, Dopay has set out to directly address the issue of financial inclusivity.
"We Got Funded!" UAE-Based Mysafe Raises A US$4 Million Series A Round To Fuel Its Expansion
The Series A round was led by Evanox, a venture capital firm known for its strategic investments in high-growth technology companies.
"We Got Funded!" UAE-Based Keyper Raises US$4 Million In A Pre-Series A Round, And An Additional $30 Million In Sukuk Financing
With this influx of funds, Keyper is set to further digitize the UAE's rental ecosystem, while also allocating some amount towards innovating its rent-now-pay-later solution.