Startups in the Middle East and North Africa (MENA) continue to draw strong investor interest, with recent funding rounds spanning fintech, logistics, AI, and digital infrastructure sectors. From Saudi Arabia to Egypt and Iraq, emerging ventures are expanding operations, launching new platforms, and forming strategic partnerships to address market gaps and support economic transformation.
Saudi logistics startup Salasa raised $30 million in a Series B led by Artal Capital to expand fulfillment and integrate AI for predictive logistics. UAE-based fintech Alaan secured $48 million in Series A funding to scale B2B payment solutions across MENA. Saudi AI startup Deep.SA closed a $1.2 million pre-seed round to develop localized AI solutions aligned with Vision 2030.
RIFD, a Saudi fintech enabling Shariah-compliant SME trade receivables securitization, received strategic investment from Antler to scale regionally. Cairo’s Suplyd raised $2 million pre-Series A to digitize supply procurement for Egypt’s hospitality sector. Iraqi logistics aggregator Boxy raised $1.5 million pre-seed to unify last-mile delivery platforms.
F6 Ventures, a new $90 million seed-stage fund launched with Flat6Labs, targets early-stage startups across MENA and Africa. Egypt’s no-code website builder Wuilt raised $2 million to expand into the GCC and Türkiye. Additionally, Wamda and Inc. Arabia announced a media partnership to amplify coverage of regional entrepreneurship.
Saudi Arabia became the first MENA country to host OpenAI’s GPT open models via a local deployment by HUMAIN and Groq, providing developers and enterprises with advanced AI tools under national data regulations.
