Egypt-based venture capital firm Foundation Ventures has announced the first close of its $25 million fund, FVFII, backed by the Egyptian American Enterprise Fund (EAEF), the Micro, Small, and Medium…

I recently posted a quick reaction on LinkedIn about the DeepSeek "bombshell" that rocked the US AI ecosystem, receiving the most likes and comments on any post I've ever made,…

UAE-based fintech Myne has raised a $2 million pre-seed funding round, led by Scene Holding, followed by Raz Holding with participation from Plus VC, Annex Investments, and a group of…

Tunisia-based fintech EasyBank has secured an investment of $370,000 from undisclosed investors. Founded in 2023 by Mohamed Khelifi, EasyBank's platform facilitates access to loans and various banking services. This investment will support the company’s…

At first glance, the startup ecosystem in the Middle East and North Africa (MENA) appears to have experienced a staggering growth in January 2025, raising a total investment of $863…

Bahrain-born edtech startup Unipal has raised its Pre-Series A investment round for an unknown amount. The round is led by Plus VC with participation from Al Jazira Capital, RZM Investments,…

Saudi Arabia-based SaaS provider Salla has entered into an agreement to acquire Sweply, an innovative Saudi digital advertising platform. Following the acquisition, Sweply will be rebranded as "Salla Ads," becoming…

Saudi Arabia-based contech BRKZ has completed its Series A extension at $17 million, including $8 million raised in March last year and $1 million in venture debt. The funding was backed…

Saudi Arabia-based social media platform Mush Social has acquired Pubbles, a Saudi social media app.  The acquisition aims to expand Mush Social’s user base and reinforce its digital presence.  Founded…

UAE-based AI startup qeen.ai has secured a $10 million Seed funding round, in one of the largest seed investments in the MENA region to date.  The round is led by…