Funding
Keep up with the latest MENA region funding news with our blog. We'll keep you up-to-date on the latest funding announcements, grants, and regional competitions.
UAE Startup Terra Raises $2 Million to Advance Electric Vehicle Fleet and Battery Swapping Platform
Terra has raised $2 million in seed funding to expand its electric vehicle and battery-swapping solution for last-mile delivery in...
Midori Network Secures $200,000 Pre-Seed Funding at COP28 for Revolutionary Plastic Recycling Solutions
Midori Network raised $200k to build portable recycling units for remote areas without recycling infrastructure. The funding allows testing strategic...
Saudi Startup Naeem Closes Pre-Seed Funding to Expand Digital Solutions for Beauty Sector
Naeem closed an undisclosed pre-seed round led by Lunment and angel investors. The funding will support expanding its digital solutions...
Saudi Fintech Startup Lendo Raises $28 Million in Series B Funding to Fuel Expansion of Digital Lending Platform
The leading Saudi fintech startup secured $28 million in its latest funding round led by Sanabil Investments. Total funding raised...
Blink Secures $2.1M Funding to Expand Direct Online Ordering in Saudi Arabia
Blink secures $2.1M in seed funding from investors like 500 Global to enhance its presence in Saudi Arabia. Blink helps...
MENA Startups See Highest Monthly Funding Ever with $764M Raised in November 2023
Startups in MENA raised $764 million in November 2023, a 390% MoM increase and a 74% YoY increase, with mega...
Omniful Raises $5.85 Million to Streamline MENA Supply Chains
Omniful raised $5.85 million in seed funding to fuel expansion across the high-growth MENA region. Early clients include flagship Saudi...
Mtor Raises $2.8 Million Pre-Seed Round to Transform Egypt’s Auto Parts Market
Egyptian startup Mtor raised $2.8 million in pre-seed funding to develop its online auto parts marketplace and procurement platform for...
UAE Commits $30 Billion to Global Climate Action at COP28
UAE launches $30 billion ALTÉRRA fund for global climate solutions. This is the world's largest private climate change investment vehicle....
Fintech Startup Flow48 Raises $25 Million in Pre-Series A Funding
Dubai-based fintech startup Flow48 raised $25 million in pre-Series A funding to expand SME lending. The funding includes top investors...
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