Super Capital collaborates with Axel Peyriere to launch a Middle East and Africa investment club. 
The club will fund startups with rounds from €100,000 to €250,000. 
Sectors like healthtech, fintech, SaaS, and logistics are the main focus for investments. 
Super Capital aims to provide strategic support and connections to promising founders. 
Challenges remain due to currency volatility, regulatory uncertainty, and infrastructure issues.

Nova clinches $3,65 million funding led by CDP Venture Capital and BY Venture Partners. 
Founded in 2020, Nova uses AI to build a vetted professional community. 
The platform offers a selective recruitment process, freeing companies from irrelevant CVs. 
Funds will expand into European cities and enhance AI candidate-matching algorithms. 
Backing aligns with Doha Tech Angels&#8217; focus on innovative, tech-driven recruitment solutions.

Qanooni, a UAE-based legal tech startup, secured $2 million in pre-seed funding. 
Investors include Village Global, Oryx Fund, TA Ventures, and several angel investors. 
Qanooni offers an AI-driven solution for legal professionals to manage paperwork efficiently. 
Founders plan to enhance their AI tools with this new investment capital. 
Securing significant pre-seed funding highlights investor interest in the region&#8217;s tech sector.

CorroHealth will invest in UAE&#8217;s SANTECHTURE to boost smart revenue cycle management solutions. 
The collaboration enhances their AI tech with SANTECHTURE&#8217;s revenue management across GCC markets. 
SANTECHTURE&#8217;s innovative approach, backed by Gulf Capital, gains popularity in the Middle East. 
CorroHealth&#8217;s global reputation bolsters this promising partnership with its health analytics expertise. 
Their combined strengths could transform the healthcare technology landscape in the region.

A $5 billion investment aims to boost affordable, ethically financed housing in Oman and the Gulf. 
BCIB Holding acquired a 20% stake in Amwalus Finance, enhancing Shariah-compliant housing solutions. 
The funds, from Bastion Commonwealth Investment Bank, will support Islamic finance principles. 
BCIB&#8217;s strategic move supports its long-term plans for socio-economic progress through sustainable finance. 
This partnership enhances Amwalus Finance&#8217;s mission to increase access to quality housing in the GCC.

Specialized Medical Company plans to raise SAR 1,87 billion through its IPO, pricing shares at SAR 25. 
The IPO was oversubscribed by almost 65 times, signalling strong investor interest. 
SMC will float 75 million shares, representing a 30% stake, on the Saudi Exchange. 
The company operates two hospitals in Riyadh, with three more under development. 
Investors are advised to research carefully amidst the excitement around SMC&#8217;s market entry.

ADFD&#8217;s 2024 report outlines AED 216,5 billion in global development financing. 
Funding has bolstered renewable energy, infrastructure, and water security, enhancing quality of life. 
ADFD received the UN SIDS Partnerships Award for its renewable energy work in island nations. 
ADEX aided UAE businesses with AED 4 billion, reaching over 40 international markets. 
ADFD&#8217;s investments promote economic growth and job creation across 22 countries.

Tunisian startup Thunder Code raised $9 million to enhance its AI platform and global reach. 
Led by Silicon Badia, participants include Janngo Capital and Titan Seed Fund. 
The funds will advance CI/CD integration and AI-driven test capabilities. 
Thunder Code&#8217;s platform enables non-technical users to create automated software tests easily. 
Co-founders Karim Jouini and Jihad Othmani also founded expense management firm Expensya.

eVoost has secured seed investment from Qora71 to support its global expansion plans. 
The AI-driven platform personalises homebuying, offering tailored experiences through real-time data analysis. 
Digital sales agents engage buyers 24/7, integrating seamlessly with CRM and payment systems. 
Operating on a no-win-no-fee model, eVoost reduces risks for property developers significantly. 
Launched in May 2024, eVoost already manages 197 property units across five projects.

Startups in the Middle East and North Africa raised $289 million in May, with 44 deals. 
Egypt led the region, thanks to Nawy&#8217;s $75 million raise, while Saudi Arabia secured $69 million. 
AI startups, despite media hype, attracted only $25 million; fintech led with $86,5 million. 
Early-stage funding was active, notably supporting B2B models, raising $157 million from 29 deals. 
Gender imbalance persisted, with male-only founder teams securing 82 per cent of capital raised.

Indian menswear brand Snitch raised $40 million in a Series B funding round. 
360 ONE Asset led the funding, attracting new investors alongside existing ones. 
The brand plans to expand retail stores from 55 to over 100 by 2025. 
Snitch aims for growth in India&#8217;s major cities and the wider Middle East. 
The company is diversifying product lines and exploring Quick Commerce for fast deliveries.

Kumulus Water, a Tunisian agri-tech start-up, has secured $3,5 million in seed funding. 
They specialise in Atmospheric Water Generators, turning air into clean drinking water. 
The funding will accelerate the development of the larger industrial Kumulus Box for community use. 
Operations will expand in Saudi Arabia, France, Spain, and Tunisia, addressing urgent water needs. 
These units produce 20-30 litres of water daily, using solar or standard electrical power.

Salesforce is heavily investing in AI, cloud services, and workforce expansion in the Middle East. 
The company plans a $500 million investment in Saudi Arabia, partnering with AWS for local data centres. 
Collaborations include IBM on an AI Innovation Centre and university programmes for local talent development. 
Salesforce promotes &#8220;digital labour&#8221; to free teams from repetitive tasks, enhancing customer interaction time. 
Alkhotani advises regional firms to incorporate AI, emphasizing its necessity for business success.

Redcon Properties secured a loan of EGP 4,2 billion for the Golden Gate project. 
First Abu Dhabi Bank Misr led the financing, with the loan being oversubscribed by investors. 
The project is located on South 90 Street, near the American University in Cairo. 
Golden Gate promises substantial retail, entertainment spaces, and a large underground car park. 
It aims to be Egypt’s largest eco-friendly complex, reducing service costs by around 40%.

Khalifa Fund and Inovartic Investment have joined forces to develop the UAE’s gaming industry. 
They plan to provide incubation programmes, training, funding, and resources for emerging gaming businesses. 
The collaboration aims to highlight Emirati culture, embedding local storytelling traditions into games. 
This initiative supports the UAE’s creative economy, nurturing talent and innovation in gaming. 
Joint events and a streamlined commercialisation pipeline will enhance global competitiveness for startups.

Olam Agri secures a major $1,85 billion dual-tranche financing deal, backed by Saudi Arabia&#8217;s PIF. 
The package includes a $1,6 billion conventional facility and a $250 million Islamic tranche. 
Islamic finance is growing, aligning with ethical guidelines and attracting a wider investment base. 
This financing strengthens Olam Agri’s position for expansion and navigating market uncertainties. 
It highlights the increasing global acceptance of Islamic banking within broader financial strategies.

Dubai&#8217;s Future District Fund raised $1,65 billion in 2024, supporting over 190 startups. 
Initiatives aim to boost Dubai’s digital economy through innovation and advanced technology. 
DFDF embarked on 12 &#8216;Fund of Funds&#8217; partnerships, uniting public and private sectors. 
Plans focus on connecting startups with investors and international markets, enhancing collaboration. 
Dubai&#8217;s vision is to establish itself as a global innovation and technology hub.

SMEs face challenges in accessing finance due to strict traditional bank criteria. 
The Arab Fund and Shorooq&#8217;s partnership offers tailored debt solutions for tech startups. 
Badir Fund, active since 2009, supports private-sector growth with substantial financing. 
Shorooq Partners&#8217; success stories highlight innovative support for fintech and self-storage firms. 
The collaboration aims to bridge the SME credit gap and boost financial inclusion in MENA.

MENA startups raised $289 million in May 2025, a 25% increase from April. 
Egypt led the charge, with Nawy raising $75 million and additional startups attracting $50 million. 
The UAE, Saudi Arabia, and Kuwait also saw significant investment activity within the region. 
Despite AI hype, only $25 million was raised for AI startups, showing a gap in investor support. 
Fintech remained dominant, while WakeCap&#8217;s $28 million highlighted interest in construction innovation.

Khwarizmi Ventures plans to launch its second fund, raising $100-$120 million. 
The fund will focus on seed and Series A startups, especially in Saudi Arabia. 
Their first fund valued at $70 million was largely invested in promising startups. 
They seek startups with a solid product, revenue signs, and growth plans. 
The expectation is for significant growth in local startups and potential unicorns.

Saudi ed-tech startup Taawoni secured $1,6 million in a funding round led by M Capital. 
Taawoni bridges universities and institutions by automating cooperative training programmes. 
Their platform uses AI to provide professional development across various sectors. 
Taawoni partners with over 800 businesses and 14 academic institutions, aiding 34,000 individuals. 
The new investment will accelerate growth and expansion amidst Saudi Arabia&#8217;s digital transformation.

Sustainable startup Bloomspoon secured an 800,000-dirham investment on &#8220;Shark Tank Dubai&#8221;. 
They offered 49% equity to Tawfik Kreidieh, CEO of The Brands for Less. 
Bloomspoon creates plantable cutlery from wheat straw, replacing single-use plastics innovatively. 
Funds will expand production, enter new markets, and aim for B Corp certification. 
Their green ethos resonates with customers seeking sustainable solutions to plastic waste.

Saudi firm HUMAIN plans a $10 billion fund targeting global AI innovators. 
They&#8217;re engaging tech leaders like Andreessen Horowitz, OpenAI, and Elon Musk&#8217;s xAI. 
HUMAIN aims to manage 7% of AI training tasks globally by 2030. 
They&#8217;ve struck big deals with Nvidia, AMD, Qualcomm, and Amazon to enhance Saudi AI infrastructure. 
Speculation exists around selling datacentre stakes to interested American companies.

Egyptian payment firm MDP secures significant funding, led by Lorax Capital Partners. 
AfricInvest exits after aiding MDP’s growth, while new funds focus on global expansion. 
MDP supports over 200 banks and fintech firms with digital payments infrastructure. 
New investors include EBRD, IFC, and Proparco, boosting MDP’s regional digital transformation. 
CEO Ahmed Nafea aims for faster growth and broader market reach.

Vault Wealth secures new investment led by Peak XV Partners, with Outliers VC continuing support. 
The firm&#8217;s new platform targets high-net-worth investors, approved by Abu Dhabi Global Market. 
It offers global market access alongside traditional planning, including private equity and real estate. 
Investors show confidence in Vault Wealth&#8217;s fintech innovation and long-term market potential. 
Vault Wealth carves a niche in competitive fintech, blending digital management with exclusive deals.

Funding And Investment