MENA Startup Ecosystem Sees 76% Year-on-Year Decline, Raising $279 Million in December
The MENA startup ecosystem raised $279 million across 42 deals in December 2024, with $156 million remaining when excluding debt...
Rasmal Press Room brings you press releases and updates from a wide array of startups, businesses and tech industries in the MENA region. This section features content directly from industry leaders and organizations, providing our readers with up-to-date information on the latest news and trends. Please note that these articles are sourced externally and may not represent Rasmal's editorial perspective.
The MENA startup ecosystem raised $279 million across 42 deals in December 2024, with $156 million remaining when excluding debt...
Jeel Pay secured SAR 25 million in a Pre-Series A funding round led by JOA Capital, with participation from Aljazira...
Revie secured $2.5 million in seed funding led by Sanabil Venture Studio by Stryber to support its growth and technological...
Zension Technologies closed a $30 million Series A funding round led by Wa’ed Ventures, with Sumitomo Corporation and Global Ventures...
TAP secured $1 million in funding led by Invest International, alongside contributions from impact angel investors, to expand its AI-powered...
Vreal secured a pre-seed investment round from numu Angels Investment Community and Grow Community. The company offers 3D model conversion...
Starting a business in today’s crowded and competitive market is no easy feat. How much should a startup spend on...
ReNile, a pioneering Egyptian agritech startup, has successfully raised $450,000 in funding, marking a significant milestone in its journey to...
Dubai's real estate sales grew significantly from AED 69.80 billion in 2020 to AED 517 billion by December 2024, showing...
Sohar International raised $336.7 million through a rights issue, the largest of the year on the MSX, showcasing investor confidence...
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