MedIQ, a Pakistan-based health tech startup, raised $6 million in Series A funding led by Rasmal Ventures and Joa Capital. The funds will support its expansion into Saudi Arabia, Qatar, and the Gulf region, aiming to transform healthcare through digital solutions. MedIQ’s total funding now stands at $9.8 million.
Flow48 has raised $69M in Series A funding to expand its revenue-based financing platform into Saudi Arabia, targeting SMEs in the Middle East and Africa. The funding, a mix of debt and equity, will help Flow48 enhance its AI-driven tools and provide tailored financial solutions for under-supported SMEs.
Ariika, an Egyptian home furnishing e-commerce startup, has raised $3 million in Series A extension funding, led by Beltone Venture Capital and Citadel International Holdings. The new capital will fuel its expansion in Saudi Arabia and Iraq, with Ariika poised for significant growth in the MENA home décor market.
