{"id":47838,"date":"2025-06-19T16:46:24","date_gmt":"2025-06-19T13:46:24","guid":{"rendered":"https:\/\/entarabi.com\/?p=47838"},"modified":"2025-06-19T16:46:24","modified_gmt":"2025-06-19T13:46:24","slug":"in-two-weeks-a-dynamic-scene-for-startups-across-mena","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/06\/in-two-weeks-a-dynamic-scene-for-startups-across-mena\/","title":{"rendered":"In Two Weeks: A Dynamic Scene for Startups Across MENA"},"content":{"rendered":"

The Middle East and North Africa (MENA) region has witnessed growing momentum in venture capital activity, with a number of emerging startups making headlines across diverse sectors \u2014 from water tech and circular fashion to fintech, edtech, and logistics.<\/p>\n

Here’s a roundup of the standout companies and funding rounds that recently captured attention:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Company<\/strong><\/td>\nSector<\/strong><\/td>\nCountry\/Region<\/strong><\/td>\nRound Type<\/strong><\/td>\nAmount Raised<\/strong><\/td>\n<\/tr>\n<\/thead>\n
Kumulus Water<\/td>\nWater Technology<\/td>\nTunisia<\/td>\nSeed<\/td>\n\u20ac3.1 million<\/td>\n<\/tr>\n
ShipBee<\/td>\nLogistics<\/td>\nQatar<\/td>\nPre-Seed<\/td>\nQAR 855,000<\/td>\n<\/tr>\n
Taawouni<\/td>\nEdTech<\/td>\nSaudi Arabia<\/td>\nNot specified<\/td>\n$1.6 million<\/td>\n<\/tr>\n
Qanooni AI<\/td>\nLegalTech<\/td>\nUAE\/UK<\/td>\nPre-Seed<\/td>\n$2 million<\/td>\n<\/tr>\n
Nova<\/td>\nTalent Recruitment<\/td>\nEurope \/ Middle East<\/td>\nSeed\/Undisclosed<\/td>\n$3.6 million<\/td>\n<\/tr>\n
Stitch<\/td>\nFintech<\/td>\nSaudi Arabia<\/td>\nSeed<\/td>\n$10 million<\/td>\n<\/tr>\n
Qashio<\/td>\nSpend Management<\/td>\nUAE<\/td>\nMixed Round<\/td>\n$19.8 million<\/td>\n<\/tr>\n
Snitch<\/td>\nFashion<\/td>\nIndia \/ Middle East<\/td>\nSeries B<\/td>\n$40 million<\/td>\n<\/tr>\n
Meda<\/td>\nConstruction Materials<\/td>\nSaudi Arabia<\/td>\nFounding Round<\/td>\nUndisclosed<\/td>\n<\/tr>\n
Inovat<\/td>\nTax Refunds<\/td>\nEurope<\/td>\nLikely Angel<\/td>\nUndisclosed<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Strategic Investments and Acquisitions<\/strong><\/h2>\n
    \n
  • Mrsool (Saudi Arabia):<\/strong> Investment firm Nomu Capital acquired a majority stake to support the company\u2019s planned public listing on the Saudi stock market.<\/li>\n
  • Santechture (UAE):<\/strong> Received a strategic investment from U.S.-based CuraHealth to enhance its AI-driven healthcare solutions.<\/li>\n<\/ul>\n

    New Partnerships and Investment Vehicles<\/strong><\/h2>\n
      \n
    • Super Capital + Axel Peyriere:<\/strong> Launched a new investment club aiming to support 10 startups annually.<\/li>\n
    • PTS Holdings:<\/strong> Announced the $10M COREangels MEA Fund.<\/li>\n
    • Badir + Shorooq Partners:<\/strong> Entered a strategic partnership to support startups in tech and other vital sectors.<\/li>\n
    • Shell Egypt + Flat6Labs:<\/strong> Their “Entlaqah” program has trained over 1,000 entrepreneurs to date.<\/li>\n<\/ul>\n

      Analytical Takeaways:<\/strong><\/h2>\n

      Sector Distribution<\/strong><\/h2>\n
        \n
      • Fintech received the lion\u2019s share of attention, followed by logistics and edtech.<\/li>\n
      • Niche sectors like water tech and fashion are drawing increased investor interest, reflecting a rising focus on environmental and developmental impact.<\/li>\n<\/ul>\n

        Early-Stage Dominance<\/strong><\/h2>\n
          \n
        • Most rounds fell into early-stage categories (Pre-Seed, Seed, or Initial Rounds), indicating both a vibrant pipeline and a growing need for follow-on capital in later stages.<\/li>\n<\/ul>\n

          Geographical Expansion<\/strong><\/h2>\n
            \n
          • Companies such as Kumulus<\/strong>, Nova<\/strong>, and Stitch<\/strong> are operating across multiple regions (Europe, the Gulf, and Africa), signaling maturity in their business models.<\/li>\n
          • Several startups have moved beyond their local markets (e.g., Qatar and Tunisia) and are eyeing broader regional or global expansion.<\/li>\n<\/ul>\n

            Role of Local and Global Investors<\/strong><\/h2>\n
              \n
            • Funding sources ranged from regional VCs like Shorooq Partners<\/strong> and Raed Ventures<\/strong> to international players such as CDP Venture Capital<\/strong> and vc<\/strong>.<\/li>\n
            • Angel investors played a key role in supporting very early-stage startups like ShipBee<\/strong> and Qanooni AI<\/strong>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

              The Middle East and North Africa (MENA) region has witnessed growing momentum in venture capital activity, with a number of emerging startups making headlines across diverse Here’s a roundup of the standout companies and funding rounds that recently captured attention.<\/p>\n","protected":false},"author":11,"featured_media":47851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1772],"tags":[8597,8639,8586],"class_list":["post-47838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startups","tag-kumulus-water-en","tag-qanooni-ai","tag-shipbee"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/47838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=47838"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/47838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/47851"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=47838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=47838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=47838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}