محمد يحي
Startup investments across the Middle East and GCC recorded a sharp month-on-month decline in March 2026, falling to more than $69.6 million, compared to $274.23 million in February, according to entArabi’s monthly investment report.
The report monitored approximately 15 new deals, including 10 disclosed transactions, spanning several key sectors led by artificial intelligence, fintech and blockchain, mobility and logistics, digital infrastructure, proptech, telecommunications, and semiconductors.
Top funding sectors in March
The fintech and blockchain sector led startup funding activity during the month, attracting three deals worth $16.3 million.
Other notable sectors included
- Two deals in the fintech sector worth $15 million.
- One deal in the healthtech sector valued at more than $15 million.
- One deal in the surgical robotics sector worth $30 million.
- Three deals in AI sector exceeding $6.25 million.
- Two deals in the mobility tech sector worth $3.1 million.
- One deal in the edtech sector valued at $2.5 million.
- One deal in the logistics services sector worth $500K.
TruDoc Healthcare
Among the most prominent deals, TruDoc Healthcare, the Gulf-based virtual healthcare services platform, raised $15 million in a Pre-Series B funding round, with participation from the Al Nahyan and Al Kaabi families.
Utexo
Meanwhile, UAE-based Utexo, which specializes in blockchain infrastructure, successfully secured $7.5 million in a seed funding round, backed by major global institutional investors, including:
- Big Brain Holdings
- Portal Ventures
- Franklin Templeton
- Maven11 Capital
- Fulgur Ventures
Despite the overall slowdown in regional startup investments, the March figures underscore continued investor appetite for fintech, healthtech, and AI-driven infrastructure platforms, signaling sustained confidence in high-impact technology verticals.
