Startup investment in the Middle East and North Africa surged in July, reaching $783 million, with Saudi Arabia and the United Arab Emirates leading the region in funding activity. Notable deals include Saudi vacation rental platform Gathern raising nearly $72 million to prepare for a public listing and expand its offerings, as well as game development studios Fahy and Starvania Studio securing $1.75 million and $1.1 million respectively to fuel growth and innovation in Saudi Arabia's booming gaming sector.

Abu Dhabi-based Professional.me, an artificial intelligence recruitment platform, raised $3.1 million to scale its operations across Europe, the Middle East, and Africa, aiming to transform hiring processes with advanced technology. Morocco's Hypeo Ai, an influencer marketing firm, also received investment to enhance its platform and expand its reach, focusing on smart infrastructure and artificial intelligence-driven solutions for brands and creators in the region.

These funding rounds reflect the region's vibrant startup ecosystem, with companies leveraging new capital to accelerate technological development, expand geographically, and strengthen their market positions. The momentum underscores growing investor confidence and the increasing global ambition of startups across diverse industries in the Middle East and North Africa.