{"id":66326,"date":"2026-05-31T11:38:42","date_gmt":"2026-05-31T08:38:42","guid":{"rendered":"https:\/\/entarabi.com\/?p=66326"},"modified":"2026-05-31T14:39:55","modified_gmt":"2026-05-31T11:39:55","slug":"fintech-and-healthtech-lead-as-startup-investments-reach-104-475-million-by-end-of-may-2026","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2026\/05\/fintech-and-healthtech-lead-as-startup-investments-reach-104-475-million-by-end-of-may-2026\/","title":{"rendered":"Fintech and HealthTech Lead as Startup Investments Reach $104.475 Million by End of May 2026"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\" dir=\"ltr\">Total new investment deals in startups across the Middle East, Africa, and the Gulf region declined by 386.4% on a monthly basis by the end of May 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" dir=\"ltr\">According to the monthly investment report prepared by \u201cEnt Araby\u201d, the total value of new deals in May reached $104.475 million, compared to $508.64 million in the previous month of April.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" dir=\"ltr\">The month included 20 deals, of which 16 were announced transactions, spanning 7 technology sectors, including: health tech, fintech, artificial intelligence, e-commerce, food tech, insurance, and real estate technology companies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-left\">Top Investments by Sector<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\" dir=\"ltr\">The fintech sector ranked first in total investments, with more than $71.1 million across 6 companies, representing 68.05%. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\" dir=\"ltr\">It was followed by the health tech sector, which recorded investments exceeding $40.575 million across 7 companies, representing 38.83%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" dir=\"ltr\">Artificial intelligence ranked third among new deals, with investments exceeding $3.1 million across 3 companies, representing 2.97% of total investments. E-commerce came next with one company securing $3 million.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-left\">Key Deals<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Fintech:<\/strong> 6 companies with investments exceeding $71.1 million<\/li>\n\n\n\n<li><strong>Health Tech:<\/strong> 7 companies with investments exceeding $40.575 million<\/li>\n\n\n\n<li><strong>A I:<\/strong> 3 companies with investments exceeding $3.1 million<\/li>\n\n\n\n<li><strong>E-commerce<\/strong>: 1 company with $3 million in investments<\/li>\n\n\n\n<li><strong>PropTech<\/strong>: 1 company with $2.2 million in investments<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-left\">Major Deals<\/h2>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-left\"><br>Fintech<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><br>Saudi-based \u201cStitch\u201d, a financial services company, closed a Series A funding round worth $25 million led by Andreessen Horowitz (a16z), with participation from Arbor Venture, COTU Ventures, Raed Ventures, and SVC.<br>UAE-based CredibleX, specializing in SME financing, closed a Series A round led by Mubadala Investment Company, the Abu Dhabi sovereign wealth fund, with participation from existing investor Further Ventures, totaling $15 million, aiming to accelerate access to financing for UAE companies and provide embedded working capital solutions.<\/li>\n\n\n\n<li><br>UAE-based MagicCub, specializing in software security solutions for payments, digital identities, and digital assets, closed the second tranche of a $10 million funding round provided by e&amp; Capital, the investment arm of global tech group e&amp;, aiming to enhance digital payment services.<\/li>\n\n\n\n<li><br>UAE-based RemotePass, specializing in employment, payroll, and expense management, raised $17.4 million in a Series B round led by EBRD Venture Capital, with participation from 500 Global, along with existing investors including Eurasia Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures, to support its expansion plans.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-left\"><br>Health Tech<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><br>Saudi-based Aumet, an AI-powered healthcare procurement platform, raised $12 million in a funding round led by Emkan Capital, with participation from Qatar Development Bank, SABAH VC, AAIC, and Shorooq, aiming to expand institutional deployment across the Gulf region.<\/li>\n\n\n\n<li><br>\u201cHakim Health\u201d, a healthcare technology company, raised $1.65 million in a round led by Merak Capital Saudi Arabia, with participation from Sanabil 500, aiming to develop AI-powered solutions supporting clinical decision-making with real-time, evidence-based medical insights in both Arabic and English.<\/li>\n\n\n\n<li><br>Saudi health tech platform Madeed raised $925,000 in a Pre-Seed extension round to support its expansion in preventive healthcare in Saudi Arabia, with participation from SEEDRA Ventures, Unity Investment Partners, Seen Growth, and several existing investors including Vision Ventures.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-left\"><br>AI<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\" dir=\"ltr\"><br>Isomorphic Labs, specializing in AI-driven drug discovery, raised $2.1 billion in a funding round led by Thrive Capital, with participation from MGX (UAE), Alphabet, GV, Temasek, CapitalG, and the UK Sovereign AI Fund, to strengthen AI capabilities in biotechnology.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-dominant-color=\"d8d9da\" data-has-transparency=\"false\" style=\"--dominant-color: #d8d9da;\" decoding=\"async\" width=\"520\" height=\"1000\" sizes=\"(max-width: 520px) 100vw, 520px\" src=\"https:\/\/entarabi.com\/wp-content\/uploads\/2026\/05\/\u062c\u062f\u0648\u0644-\u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a-\u0627\u0646\u062c\u0644\u064a\u0632\u064a-\u0645\u0627\u064a\u0648-2026.jpg\" alt=\"\" class=\"wp-image-66332 not-transparent\" srcset=\"https:\/\/entarabi.com\/wp-content\/uploads\/2026\/05\/\u062c\u062f\u0648\u0644-\u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a-\u0627\u0646\u062c\u0644\u064a\u0632\u064a-\u0645\u0627\u064a\u0648-2026.jpg 520w, https:\/\/entarabi.com\/wp-content\/uploads\/2026\/05\/\u062c\u062f\u0648\u0644-\u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a-\u0627\u0646\u062c\u0644\u064a\u0632\u064a-\u0645\u0627\u064a\u0648-2026-156x300.jpg 156w\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Total new investment deals in startups across the Middle East, Africa, and the Gulf region declined by 386.4% on a monthly basis by the end of May 2026. According to the monthly investment report prepared by \u201cEnt Araby\u201d, the total value of new deals in May reached $104.475 million, compared to $508.64 million in the [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":66336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8140],"tags":[12707,12708,6502,7600,12709],"class_list":["post-66326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-venture","tag-arbor-venture","tag-cotu-ventures","tag-crediblex","tag-raed-ventures-2","tag-thrive-capital"],"acf":[],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/66326","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=66326"}],"version-history":[{"count":2,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/66326\/revisions"}],"predecessor-version":[{"id":66338,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/66326\/revisions\/66338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/66336"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=66326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=66326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=66326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}