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500 Global launches new MENA-focused fund

US-based VC firm 500 Global has launched the 500 MENA L.P. fund, dedicated to investing in high-growth technology startups across the MENA region. 500 MENA L.P. is backed by Jada Fund of Funds and Saudi Venture Capital (SVC). It is also supported by Sanabil Investments. The Fund will invest primarily in startups with proven product-market…

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Eyouth, EDT&Partners launch $6 million initiative to leverage tech skills in Africa

Egypt-based edtech Eyouth has partnered with Singapore-based global education consultancy EDT&Partners and launched a joint programme, aiming to develop digital skills for 1 million youth in Africa and the Middle East. Eyouth and EDT&Partners have committed $6 million to the programme, which combines Eyouth’s skills development platform with EDT’s AI-driven educational technologies.  The programme leverages…

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Ogram raises $3 million investment from Tanami Capital

UAE-based HRtech Ogram has secured a $3 million investment from Tanami Capital.  Founded in 2017 by Karim Kouatly and Shafiq Khartabil, Ogram is a digital staffing marketplace that enables businesses to book and manage staff on-demand. The investment aims to support the company’s expansion into the Saudi market, with a specific focus on the retail…

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Oman’s Sampo AI raises $750,000 Pre-Seed

Oman-based SaaS provider Sampo AI has closed its pre-seed funding round, securing $750,000 co-led by Omantel Innovation Labs and Waad VC, with participation from Hexnture and a group of Saudi angel investors.  Founded in July 2024 by Saif Al-Essai and Khalifa Manaa, Sampo AI helps e-commerce businesses optimise their pricing strategies. Its advanced platform analyses…

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Saudi agritech Arable closes $2.55 million Seed round

Saudi Arabia-based agritech Arable has closed a $2.55 million Seed funding round, led by undisclosed investors. Founded in 2024 by Lawrence Ong and Christina Khalife, ARABLE creates hydroponic farms for vegetable production that are cost-effective and locally adjusted to the desert climate. Press release: Arable, a Saudi-based AgriTech startup co-founded by Lawrence Ong (CEO) and…

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