Hub71 and Yas Investments partner to connect UAE family offices with startups via Tech Barza, boosting strategic investments, corporate deals, and mentorship to accelerate growth and innovation in Abu Dhabi’s tech ecosystem.
EQIQ doubles its venture fund to $30 million to fuel Iraq’s digital economy, focusing on e-commerce, logistics, and fintech. Founded by Mohamed Al-Hakim and Said Rahmani, the fund bridges capital gaps and nurtures tech startups with a vision to build sustainable, impactful businesses amid Iraq’s growing tech ecosystem.
Flat6Labs has partnered with Tamwilcom to accelerate the growth of Moroccan startups, focusing on sectors like AgriTech, FinTech, and AI. This collaboration, supported by the IFC, offers funding, mentorship, and business development to boost Morocco’s entrepreneurial ecosystem and foster innovation, digital transformation, and economic growth.
UAE tech startups raised $872 million in Q1 2025, a 194% increase from the previous year, driven by late-stage investments in sectors like enterprise applications, fintech, and retail. Dubai remains the dominant hub for venture capital, while acquisitions and high-value deals indicate the region’s growing tech maturity.
Yango Ventures, part of Yango Group, is supporting early-stage startups with an initial $20 million fund. The venture focuses on sectors like O2O, B2B SaaS, and FinTech, aiming to foster innovation and sustainable growth. The initiative also emphasizes digitalization and economic development in high-growth markets globally.
LoftyInc Capital Management has secured $43 million for its LoftyInc Alpha Fund to support emerging tech startups across Africa, focusing on key markets such as Nigeria, Egypt, and Kenya. The fund will invest in health tech, deep tech, and AI sectors, with at least 30% allocated to East and North Africa.
LoftyInc Capital Management has raised $43 million for its LoftyInc Alpha Fund, aimed at late-seed investments in African tech startups. The fund will focus on key markets like Nigeria, Egypt, and Kenya, supporting sectors such as financial services, AI, and healthcare to foster innovation and scalable growth in Africa.
Disrupt.com, a UAE-based venture builder founded by the Gadit brothers, has committed $100 million to drive innovation in AI, cybersecurity, Web 3.0, automotive technology, and retail. Despite a global decline in VC funding, Disrupt.com aims to empower startups with strong organic growth potential, focusing on industries shaping the future.
Smpl Fund I has invested USD 250K in multiple AI and tech companies within the Qora71 portfolio, supporting the growth of the MENA tech ecosystem. The USD 10 million venture fund aims to foster AI innovation and provide seed capital to emerging startups in the region.
Foundation Ventures, a Cairo-based venture capital firm, has secured the first close of its $25 million fund, “FVFII.” The fund will support startups in Egypt and Africa, focusing on driving innovation, regional expansion, and global competitiveness. Investors include the Egyptian American Enterprise Fund and MSMEDA.
