Healthcare tech startup MedIQ will expand into Qatar and neighboring GCC markets following a $6 million investment led by Rasmal Ventures and Joa Capital
Funding
Latest in Funding
gcc startups
GCC sees massive surge in high-value startup funding deals in early months of 2025
The rising trend of high-value startup funding in the region, especially in the UAE and Saudi Arabia, is expected to continue in the coming quarters of this year, experts said
digital financial services
Pakistan’s Haball secures $52mn pre-Series A funding round, eyes Saudi Arabia expansion
The Sharia-compliant fintech Haball is exploring additional market entries across the Middle East, including the UAE and Qatar, as well as Asia
Abu Dhabi
PGIM Real Estate raises $2bn for global data centre fund
PGIM’s Global Data Centre Fund creates value through asset-level development joint ventures with leading data centre operators
Dubai
EXCLUSIVE: Dubai-based Yango Group launches $20mn fund to back regional tech startups
Tech firm targets 20x returns on early-stage investments in region’s fintech and SaaS startups
startup funding
Venture builder Disrupt.com to invest $100m to fuel AI-first startups from the UAE
The company said it primarily targets pre-seed to Series A stage startups that demonstrate strong organic growth potential and clear paths to profitability
cross-border payments
Dubai-headquartered fintech MANSA secures $10mn in funding to expand cross-border payments solutions
The funds will support the company’s market expansion into Latin America and Southeast Asia
BNPL
Tabby hits $3.3 billion valuation as it eyes IPO within 18 months after $160M raise
Buy now, pay later provider prepares for listing as transaction volumes hit $10 billion annually
Abu Dhabi
Abu Dhabi’s Hub71 welcomes 27 global tech startups with $145m funding in latest cohort expansion
One in three startups in the Cohort is based in the UAE, showcasing the nation’s growing status as a global entrepreneurship hub
construction industry
BRKZ completes $17mn Series A funding to transform construction procurement in Saudi Arabia
The latest investment takes the total funding to $22.5 million
Artificial intelligence
Dubai’s e-commerce startup qeen.ai raises $10mn in one of the largest seed investments in MENA
The funding was led by Prosus Ventures, with participation from existing investors including Wamda Capital, 10x Founders and Dara Holdings
crowdfunding
J.P. Morgan backs Saudi’s Lendo with $690mn to boost SME financing
The facility is expected to contribute to an increase in job creation in Saudi Arabia
Abu Dhabi
Proptech firm Silkhaus closes growth round to power expansion across GCC
The new funding will be used to drive Silkhaus’ expansion in Saudi Arabia
Funding
UAE’s Pluto secures $4.1mn pre-series A funding
The round was led by existing and new investors, including Rhino Ventures, a leading early-stage venture capital firm in Canada
Blockchain
Sigma Capital launches $100mn fund for Web3 acceleration
The fund will support early-stage venture investments in areas including DeFi, blockchain, real-world asset tokenisation, gaming and the metaverse
Funding
Revealed: 2025 predicted to be a break-out year for startup funding in UAE
Rising investor confidence, market stability and growth prospects are to act as major drivers for investments
BNPL
Saudi fintech JeelPay raises $6.6mn in Pre-Series A funding
Joa Capital, AlJazira Capital, and other angel investors participated in the startup’s latest funding round