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Startup Wrap -- MENA tech raises over $84 million in a week

image sourced from original article at https://www.arabnews.com/node/2611301/business-economy

Startups across the Middle East and North Africa have raised over $84 million in a week, with significant funding rounds in sectors such as fintech, logistics, artificial intelligence, and digital infrastructure. Saudi Arabia's Salasa secured $30 million to expand its logistics network and integrate artificial intelligence, while United Arab Emirates-based Alaan raised $48 million to scale its business-to-business fintech solutions across the region. Other notable deals include Deep.SA's $1.2 million pre-seed round for artificial intelligence development, RIFD's strategic investment to build Shariah-compliant securitization infrastructure, and Egypt's Suplyd raising $2 million to digitize restaurant procurement.

Iraq's Boxy attracted $1.5 million to unify last-mile logistics, and Egypt's Wuilt secured $2 million to expand its no-code website builder into the Gulf region. F6 Ventures launched a $90 million fund to support early-stage startups across the Middle East and Africa. In addition, Wamda and Inc. Arabia announced a partnership to enhance coverage of regional entrepreneurship, and Saudi Arabia became the first in the region to host OpenAI models locally through a partnership between HUMAIN and Groq.

Original article source: https://www.arabnews.com/node/2611301/business-economy
Source Id: 2025-08-800967325

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