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| Sep 14, 2026 | Shorooq and Emirates Growth Fund partner with FMSi to build a regional champion in fleet management solutions | From Left to right: Khalifa Al Hajeri, CEO, Emirates Growth Fund, Wassim Mourad, CEO, FMSi and Mahmoud Adi, Founding Partner, Shorooq at the Signing Ceremony
Growth investment will support FMSi's regional expansion and marks a mileston... |
| Jul 28, 2026 | PIF-backed Jada bets on Saudi PE firm's maiden fund | Bandr Mohammed Alhomaly, CEO and managing director, Jada FoF
Jada Fund of Funds, an investment vehicle created by Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF), has signed on as a limited partner to the debut vehicle of ... |
| Jun 24, 2026 | Invest Qatar Gateway Launches VC Funding Module To Connect Startups With Venture Capital Funds | Invest Qatar announced the launch of the Venture Capital Funding Module on the Invest Qatar Gateway. The module was developed in collaboration with Qatar Investment Authority and is designed to improve startup access to capital and investme... |
| Apr 24, 2026 | COLABS: $8 Million Raised To Launch Riyadh Workspace Campus And Expand Across Middle East, North Africa, And Pakistan | COLABS, a Saudi-headquartered community-led workspace platform, has launched a 4,000-square-meter campus in northern Riyadh, marking its entry into Saudi Arabia amid growing competition to serve the Kingdom’s expanding startup and SME secto... |
| Mar 23, 2026 | AMI Labs receives investment from Shorooq at $3.5 Bn valuation | Shorooq today announced its participation in the $1.03 billion funding round of AMI Labs (Advanced Machine Intelligence), the newly launched artificial intelligence company founded by AI pioneer Yann LeCun, alongside a global consortium of ... |
| Mar 5, 2026 | Middle East weekly: Aito secures first UAE order, Qatar launches 36 digital services, Dubai tests autonomous taxis, and more | China companies expand in the Middle East Greenland Group signs export deal with UAE distributor
On February 24, Greenland Group said its new energy vehicle (NEV) export platform had signed a partnership with UAE-based automotive distributo... |
| Feb 28, 2026 | In first quarter, $100 M Presight-Shorooq AI Fund invested in five AI startups | Since it launched in September 2025, The Presight-Shorooq Fund I, a $100 million global AI innovation fund, has invested in five cutting-edge AI startups led by experienced alumni from DeepMind, Google X, Meta, and Stanford across the U.S. ... |
| Feb 10, 2026 | Safqah Capital Raises $15.2 Million Seed Funding Round | Riyadh-based fintech and proptech company Safqah Capital has raised $15.2 million in an oversubscribed seed round that it describes as one of the largest pure equity seed financings in Saudi Arabia. The round drew participation from more th... |
| Feb 10, 2026 | Riyadh-based Safqah Capital raises $15.2 mn in seed round | Credit: Reuters
Safqah Capital, a Riyadh-based fintech and proptech platform, has raised $15.2 million in one of the largest pure-equity seed rounds in Saudi Arabia, the company said in a statement.
The round was led by Abu Dhabi-based vent... |
| Feb 9, 2026 | Safqah Capital Raises $15.2M in Seed Funding | Safqah Capital, a Riyadh, Saudi Arabia-based provider of a fintech and proptech platform, raised $15.2M in a Seed funding.
The round was led by Shorooq, with participation from anb Seed Fund and Rua Growth Fund, alongside Sharaka Capital, C... |
| Dec 23, 2025 | Roamless: $12 Million Series A Closed To Build Global Mobile Operator For Travelers | Roamless announced it has raised a $12 million Series A round as it works to build what it describes as the world’s first “truly global” mobile operator, aiming to simplify how travelers stay connected across borders. The round was led by R... |
| Dec 20, 2025 | Roamless Secures $12M to Redefine Global Connectivity | Roamless, the innovative global eSIM provider, recently closed a $12 million Series A funding round. This significant investment, led by Rasmal Ventures, brings its total funding to $18 million. The capital fuels an ambitious expansion. Roa... |
| Dec 17, 2025 | Roamless raises $12M to expand its global eSIM connectivity platform | Global connectivity provider Roamless has closed a $12 million Series A funding round led by Rasmal Ventures, with participation from Shorooq, Revo Capital, Finberg, and JIMCO. The new capital brings Roamless' total funding to $18 mill... |
| Dec 17, 2025 | Roamless Raises $12M in Series A Funding | Roamless, a Wilmington, DE-based provider of a travel connectivity app and mobile operator, raised $12M in Series A funding.
The round was led by Rasmal Ventures with participation from Shorooq, Revo Capital, Finberg and JIMCO, bringing the... |
| Nov 28, 2025 | MENA Digest: Saudi proptech Mnzil, UAE’s Mastiska, Revibe lead startup funding | Suresh Sugumar, founder and CEO, Mastiṣka
Saudi Arabian proptech Mnzil and the UAE-based startups Revibe and Mastiska led fundraising activity in the Middle East and North Africa (MENA) region this week.
Other startups that raised funding i... |
| Sep 26, 2025 | $100 M global fund launched by Presight, Shorooq to accelerate AI innovation | Presight, a leading global AI and big data analytics company, and Shorooq, a leading Abu Dhabi-headquartered investment firm regulated by the FSRA as Fund Manager, today announced the launch of a global AI innovation fund (Presight–Shorooq ... |
| Sep 23, 2025 | G42-backed Presight, Shorooq to launch $100-mn AI innovation fund | Credit: 123RF.com
An artificial intelligence and big-data analytics company Presight, which is backed by Abu Dhabi's technology group G42, has partnered with a UAE-based multi-asset investment firm Shorooq Partners to launch a global A... |
| Sep 23, 2025 | Presight and Shorooq Launch a US$100 Million Global Fund to Accelerate AI Innovation The fund intends to back companies at various stages that are developing cutting-edge AI, machine learning, and analytics solutions. | Presight, a global AI and big data analytics company, and Shorooq, an Abu Dhabi-based FSRA-regulated investment firm, have launched a global AI innovation fund (Presight–Shorooq Fund I) that aims to invest US$100 million in the next generat... |
| Aug 4, 2025 | Journify, a Dubai‑based AI data‑activation platform, raises strategic investment | Journify, an AI‑powered marketing infrastructure startup, announced a new strategic investment round of undisclosed size led by regional investors including Shorooq Partners, Bunat Ventures and Plug and Play. The funding doubles the company... |
| Aug 4, 2025 | VC Voices: Shane Shin, Founding Partner, Shorooq Get fundraising and growth insights from Shane Shin, Founding Partner at Shorooq—on how to differentiate, attract investors, and scale wisely. | This article is part of VC Voices: Insights to Help Startups Succeed by Entrepreneur Middle East - a series where the MENA region's leading venture capitalists share practical advice to help founders navigate the challenges of building... |
| Jul 25, 2025 | Following acquisition of new funding, Journify doubles its valuation | Journify, the UAE-based AI-powered data activation platform, is transforming how GCC brands leverage first-party data for measurable growth. With 5x revenue growth and a doubled valuation in just six months, Journify is expanding across Sau... |
| Jul 25, 2025 | MENA Digest: UAE’s Qlub, Egyptian startup Flend, Oman’s SafaQat get funding | Credit: Shah Junaid/VCCircle
Qlub, a UAE-based contactless dining payment platform, led the funding activity in the Middle East and North Africa (MENA) region this week, raising an eight-figure growth funding from notable regional investors... |
| Jul 24, 2025 | Qlub closes $30 M with support from Mubadala, e&, and Shorooq | Qlub, the ultra-fast payment system in restaurants, has become ubiquitous across Dubai’s vibrant dining scene. Following its runaway success in the UAE, Qlub has announced the closure of a $30 million funding round to take its smart dining ... |
| Jul 24, 2025 | Shorooq, the 'Blackstone of the Middle East' wants to shake up global finance | Monday - Friday: 12:00 - 13:00 SIN/HK | 0600 - 07:00 CET |
| Jul 22, 2025 | Qlub Raises $30M in Funding | Qlub, a Dubai, UAE-based fintech company offering a payment system in restaurants, raised $30M in funding.
The round was led by Shorooq, and Cherry Ventures, with participation from strategic partners including e&, Mubadala Investments,... |
| Jul 21, 2025 | Qlub: Dubai-Based Dining Payments Company Raises $30 Million | Qlub, an innovative dining payments platform headquartered in Dubai, has proudly announced the closure of a substantial funding round amounting to $30 million. This round was co-led by prominent venture capital firms Shorooq Partners and Ch... |
| Jul 12, 2025 | Nawy invests in Dubai’s SmartCrowd to enter GCC proptech market | e&-backed Nawy has entered the GCC market with a strategic majority stake in SmartCrowd, the region’s first regulated platform enabling fractional property investments.
The move strengthens Nawy’s bid to become the definitive PropTech l... |
| Jul 10, 2025 | To grow its AI-powered SMB platform, Rekaz closes $5 M Seed investment | Rekaz, the Saudi-based software platform transforming how service businesses operate, has raised $5 million in seed funding to scale its product and expand across the region. The round was led by COTU Ventures, with participation from Impac... |
| Jun 16, 2025 | To develop AI-powered RCM, CorroHealth invests in UAE’s SANTECHTURE | Global healthcare technology company CorroHealth has made a strategic investment into Dubai-based pioneering revenue cycle management (RCM) intelligent technology solutions provider SANTECHTURE.
The deal brings together the industry-leading... |
| May 21, 2025 | VUZ: Funding Raised From IFC And Others For Immersive Media Technology | VUZ, an immersive media company, announced it has secured the International Finance Corporation (IFC), a member of the World Bank Group, to invest in its $12 million Pre-Series C funding round. This funding round also includes participation... |
| May 20, 2025 | Global Investment Giant IFC (World Bank) Invests in VUZ $12M Pre-Series C, the World's Leading Immersive Media Company | IFC investment supports VUZ's international expansion, following precedent in scaling telecom and media ventures across the world.
RIYADH, Saudi Arabia, May 20, 2025 /PRNewswire/ -- VUZ, the world's leading immersive media company... |
| May 16, 2025 | MENA Digest: Egypt's Nawy, Saudi startup WakeCap bag big Series A cheques | The Nawy team
Nawy, an Egyptian proptech startup that offers a full stack of the real estate ecosystem, led funding activity in the Middle East and North Africa region this week, securing growth capital from top venture capital funds in the... |
| Apr 8, 2025 | NymCard's $33M Series B Funding: A Leap into MENA's Fintech Future | NymCard is on the rise. The Dubai-based embedded finance platform has just secured $33 million in Series B funding. This is not just another investment; it’s a signal. A signal that the Middle East and North Africa (MENA) region is ready to... |
| Apr 2, 2025 | Nymcard raised $33 M Series B funding from QED Investors | The only embedded finance platform in ten or more MENA countries, NymCard, has raised $33 million in its most recent Series B funding round, which was led by QED Investors. This is the largest investment made by QED Investors in the region ... |
| Feb 22, 2025 | MENA's Startup Surge: A New Wave of Innovation and Investment | The Middle East and North Africa (MENA) region is buzzing. Startups are sprouting like wildflowers after a rain. The latest funding rounds reveal a landscape rich with potential. From fintech to fashion, innovation is the name of the game. ... |
| Feb 21, 2025 | MENA Digest: UAE’s Blum, Tunisian startup Dabchy, Egypt’s Qme get funding | Maged Negm (right) founded Qme in 2022
Startup fundraising activity in the Middle East and North Africa region slowed this week compared to the previous week, when fintech unicorn Tabby had grabbed $160 million in fresh funding.
Some key st... |
| Feb 20, 2025 | "We Got Funded!" Shorooq Leads USD$12.5 Million Financing Round in UAE-Based Self-Storage Platform The Box With 30 facilities, including a flagship 140,000-square-foot location, The Box offers units ranging from small lockers of 25 square feet up to 1,000 square foot rooms. | The Box, a UAE-based self-storage company that solves modern storage and logistical challenges faced by both individuals and businesses, has secured USD$12.5 million in a financing round led by Shorooq, a UAE-based multi-dimensional investm... |
| Feb 8, 2025 | A New Dawn in Capital Markets: SM Investments and the Rise of MENA Startups | In the bustling world of finance, two regions are making waves: the Philippines and the Middle East and North Africa (MENA). Each is carving its own path, driven by innovation and strategic investments. SM Investments Corporation, a titan i... |
| Feb 7, 2025 | MENA Digest: UAE’s Qeen AI, Egyptian firms Khazna and Simplex net big cheques | Qeen AI's founders Ahmad Khwileh, Dina Alsamhan and Morteza Ibrahimi
The UAE-based AI startup Qeen AI led funding activity in the Middle East and North Africa (MENA) region this week, securing one of the largest seed investments in the... |
| Dec 27, 2024 | The 100: Abdulmajeed Alsukhan, Co-founder, and CEO of Tamara The 100: A Definite Guide to Success | Abdulmageed Alsukhan is the CEO & Co-Founder of Tamara. Before launching Tamara, he co-founded Habli in 2017, a Saudi-based logistics provider for grocery delivery, which was acquired in the same year by Nana. Alsukhan has a BA in finan... |
| Dec 10, 2024 | Shorooq onboards new Korean investor for infusion in new asset classes | Premium
Shane Shin, founding partner, Shorooq
Abu Dhabi-based multi-asset investment firm Shorooq Partners, backed by ten sovereign wealth funds including UAE’s Mubadala and Korean Venture Investment Corporation (KVIC), has got on board ano... |
| Nov 25, 2024 | Saudi VC Vision Ventures onboards Jordanian LP for second fund | Kais Al Essa, founding partner and CEO, Vision Ventures
Vision Ventures, a Saudi Arabia-based early-stage venture capital firm that backs tech-led startups in the Middle East and North Africa (MENA) region has secured a limited partner comm... |
| Nov 19, 2024 | "We Got Funded!" UAE-Based Pemo Is Set to Further Transform the Regional Spend Management Sector Following a US$7 Million Pre-Series A Round "We provide a great solution with Pemo, as we automate the whole spend management process, right from payment, to expense submission and approva... | Pemo, a UAE-headquartered spend management platform that caters specifically to small and medium enterprises (SMEs) across the MENAP region, has raised US$7 million in a Pre-Series A funding round led by Augmentum Fintech, a UK-based fintec... |
| Jul 31, 2024 | MENA's Shorooq Partners leads $20m Series A funding for AI startup Intelmatix | Abu Dhabi-based alternative investment manager Shorooq Partners has anchored the $20 million Series A funding for Intelmatix, a MENA (Middle East and North Africa)-focused deep tech B2B startup. |
| Jul 25, 2024 | Google’s Bold Bet on Glance: A $250 Million Investment in India’s Mobile Future**
** | ** In the bustling landscape of India’s tech scene, Google is making waves. The tech giant is poised to lead a funding round of up to $250 million for Glance, a mobile startup that’s turning heads. This investment isn’t just a financial tra... |
| Jul 23, 2024 | Deals in brief: Duke-NUS Medical School launches Live Ventures, Zyp secures pre-Series A funding, Glance in talks to raise USD 250 million, and more | Duke-NUS Medical School launches Live Ventures
Singapore’s Duke-NUS Medical School has launched Live Ventures, a SGD 20 million (USD 14.8 million) incubation program to commercialize innovative academic research.
Focused on translating scie... |
| Jul 6, 2024 | DealCart raised $3 M Seed funding from Shorooq Partners, Sturgeon Capital | Shorooq Partners and Sturgeon Capital led a $3 million seed funding round for DealCart, a social e-commerce startup based in Pakistan.
DealCart said in a statement on Thursday that 500 Global, Evolution VC, Rayn Capital, and Khyber Venture ... |
| Jun 13, 2024 | UAE-Based Shorooq Partners Makes First Investment In Türkiye By Leading A US$5 Million Seed Round In Traveltech Startup Roamless Mahmoud Adi, Founding Partner of Shorooq Partners, said in a statement that Roamless is "a company poised to disrupt the traveltech industry." | Shorooq Partners, the UAE-based alternative investment manager with interests spanning the MENA region, has made its entry into the entrepreneurial ecosystem of Türkiye by leading a US$5 million seed round in the traveltech startup, Roamles... |
| Mar 19, 2024 | Blockchain startup MANTRA raises $11M in funding to bring RWA tokenization to the Middle East and Asia | MANTRA, a blockchain startup and Layer 1 blockchain for Real World Assets (RWA), has clinched a significant milestone with the completion of a new funding round. Leading the charge is Shorooq Partners, a prominent venture capital and techno... |
| Oct 13, 2023 | Combatting Climate Change: Founders Moving Carbon in the GCC | 0 shares
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Throughout the last century, the Gulf Cooperation Council (GCC), comprising Arab States in the region, has been helping meet the world’s voracious appetite for energy through the supply of fossil fuels... |
| Oct 27, 2022 | The Week in Agrifoodtech: Trigo’s $100m, Dutch gov’t backs cultivated meat, Bill Gates wants to decarbonize rice | This week, foodtech startup Trigo landed funds for its automated checkout system that lets shoppers purchase goods without waiting for a cashier. The Dutch government is allocating new funds to cultivated meat initiatives, and Bill Gates an... |
| Oct 25, 2022 | Agroshift raises $1.8 million in pre-seed funding co-led by Shorooq Partners and Anchorless Bangladesh | Agroshift, a Dhaka-based agri-tech platform that enables farmers to sell their products to businesses and consumers, announced that it has raised $1.8M in pre-seed funding at an undisclosed valuation co-led by Shorooq Partners and Anchorles... |
| Oct 7, 2022 | Shorooq Partners’ Gametech Program Aims to Grow 100 Gametech Startups With The Launch Of Its 2nd Cohort | The 300-plus Hour Virtual Program Led by Global Leading Subject Matter Experts Is Designed to Help Gametech Founders Secure Seed Investments
As value investors, we have always been committed to being founders’ partners and developing ecosys... |
| Apr 21, 2022 | The Week in Agrifoodtech: Israel & Netherlands beef up cell ag funding, Microsoft joins $225m Udaan round | Two countries this week announced government grants for cell ag to foster more development of cultivated meat and dairy analogs – and in doing so, build up food security and sovereignty. Elsewhere, Microsoft joined a major debt financing ro... |
| Feb 1, 2022 | BREAKING: Retailo raises $36m Series A funding from AgFunder, Graphene & others | Disclosure: AFN’s parent company, AgFunder, is an investor in Retailo.
Retailo — an online B2B marketplace that connects merchants with food producers and other suppliers — has raised $36 million for its Series A round, which included both ... |