Funding

Foodics invests in Funding Souq

Foodics Invests in Funding Souq to Expand Restaurant Financing

Saudi-based fin-tech Funding Souq has secured a strategic investment from Foodics, which becomes a major investor in the round. The investment amount and ownership stake were not disclosed. The deal will expand embedded financing for restaurants and SMEs in Saudi Arabia and the UAE. What Funding Souq does Founded in 2020 by Martin Jaouni, Funding

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JustAd founder Ahmed Elsayed

JustAd Raises $5M to Expand Into New Markets

UAE-based JustAd has secured $5 million from angel investor Imad Jomaa to expand into new markets. Founded in 2025 by Ahmed Elsayed, the company runs an AI-powered marketing platform for managing, tracking and analyzing ad campaigns. What JustAd does The JustAd platform helps businesses manage advertising across Meta, TikTok, Snap-chat and Google Ads from one

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Saudi AI Startup Echelon Raises Funding from RAED Ventures, Avra and East40

Saudi Arabia-based AI startup Echelon has secured an undisclosed investment round backed by East40, RAED Ventures, Avra and technology investor Ben Horowitz, alongside other investors. Founded in Riyadh in 2025 by Prince Khalid Bin Bader Al Saud, Echelon helps Saudi businesses and government institutions adopt and integrate global AI technologies. The company focuses on eight

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Abu Dhabi Hosts 150+ AI Startups and 200 Investors at Ai Everything 2026

AI Everything Abu Dhabi 2026 brought together more than 150 AI startups, 400 technology companies and over 200 investors managing $100 billion in assets. Held on October 6–7 at ADNEC Centre, the event highlighted Abu Dhabi’s growing role in the global artificial intelligence industry. The event’s startup platform, Ai StartX Everything, showcased AI solutions across

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Amtar & Beltone Launch USD 38.3M Real Estate Investment Fund 

Egyptian proptech startup Amtar is partnering with Beltone to launch a real estate investment fund targeting EGP 2 billion ($38.2 million). The first offering is expected before the end of 2026. The fund will allow investors to buy fractional ownership in real estate through shares instead of purchasing entire properties. The model aims to make

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WISERGATES OPENS PRE-SEEDROUND AT $30 MLN VALUATION

WiserGates, a wealth fin-tech company founded by Bangladeshi entrepreneurs Muhammad Refayet Chowdhury and Md Nazibur Rahman, has launched a $3 million pre-seed funding round at a $30 million valuation. Registered with the Dubai International Financial Centre (DIFC), the company is backed by Tokyo-based NewVision Japan and London-based 1CS Holdings. The funding will support product development,

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Project Suppliers has raised $1 million

Saudi construction technology startup Project Suppliers has raised $1 million in its first per-seed funding round from undisclosed angel investors. Founded in 2020 by Husam Jaber, the company connects construction buyers and suppliers through sourcing, quotation, tracking and reporting tools. Project Supplier’s database covers more than 12,000 businesses and has processed nearly 600,000 quotation requests.

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CE-Ventures Backs Aptadir in $45.4M Seed Round

UAE-based CE-Ventures, the corporate venture capital arm of Crescent Enterprises, is investing in Italian biotech Aptadir Therapeutics as it raises $45.4 million (€40 million) in seed funding. The company is developing RNA-based treatments for genetic disorders, including Fragile X Syndrome. As the company’s lead candidate, CAP1-FMR1 seeks to reactivate the FMR1 gene that remains silenced

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