MENAbytes

ShareTweetShareWhatsAppEmail0 Shares Riyadh-based credit infrastructure platform Orbii has raised $3.6 million in a seed funding round led by Prosus Ventures, with participation from VentureSouq, DASH Ventures, Taz Investments and Sanabil 500, it announce

ShareTweetShareWhatsAppEmail0 Shares Egyptian B2B startup TradeHub has officially shut down operations and returned all remaining capital to investors, 18 months after raising a $1.4 million pre-seed round, co-founder Ahmed Gaber announced on LinkedIn ear

Dubai-based car rental startup WheelsOn has closed a $12.5 million funding round that combines $2.2 million in equity from a group of investors, including the founders of London-based Xploration Capital, $6.5 million for fleet expansion, and $4 million in

ShareTweetShareWhatsAppEmail0 Shares Riyadh-headquartered AI startup Intella has raised $12.5 million in an oversubscribed Series A funding round led by Prosus, with participation from 500 Global, Wa'ed Ventures, Hala Ventures, Idrisi Ventures, and Hearst

Qatar Investment Authority has joined a major group of global investors in backing Anthropic's massive $13 billion Series F funding round. The round values Anthropic at $183 billion post-money, nearly tripling its valuation from $61.5 billion just six mon

ShareTweetShareWhatsAppEmail0 Shares Munify has raised $3 million in seed funding to build a cross-border neobank that serves both the Egyptian diaspora sending money home and local freelancers and businesses seeking access to U.S. banking. The round, acc

ShareTweetShareWhatsAppEmail0 Shares Saudi Arabia-based Device-as-a-Service (DaaS) startup Zetta has successfully closed a $12 million Series A funding round led by Core Vision Investment and National Dimensions Investment. The strategic investment will f

ShareTweetShareWhatsAppEmail0 Shares UAE-based fintech Holo has raised $22 million in a Series A funding round led by Saudi Arabia's Impact46, with participation from Mubadala Investment Company, Rua Growth Fund, anb seed, and MoreThan Capital. Returning

ShareTweetShareWhatsAppEmail0 Shares Saudi Arabia's leading vacation rental platform Gathern has raised $72 million in Series B round led by Sanabil Investments, a wholly owned subsidiary of the Public Investment Fund, with participation from STV, Pinnacl

Riyadh-based game development studio Fahy Studios has closed a $1.75 million funding round led by Impact46 and Merak Capital, as the two-year-old startup works toward its ambitious goal of building hit global games from Saudi Arabia. The investment will h