Hello MENA Hello and welcome to this week’s edition! This week was packed with funding rounds, big news, and exciting opportunities.

So let’s dive in!

Fundraising Roulette

Tabby (KSA) raised $160M Series E

Ula (KSA) raised a $28M series B round

Torod (KSA) raised $11.2M series A round

RasMal (KSA) raised $4.8M pre-Series A round

Leajlak (KSA) raised SAR 10M seed round

Buildnow (KSA) raised $9.7M funding round

Madkhol (KSA) raised SAR 8.25M seed round

VastMenu (KSA) raised SAR 5M round

Lite (KSA) raised $3.2M pre-seed round

WideBot (KSA) raised $3M pre-Series A round

PIESHIP (KSA) raised $2.1M seed round

Hopea Pay (KSA) raised $2.1M seed round

Ebra (KSA) raised a $2M round

LAHINT (KSA) raised $1M pre-seed round

Malakah (KSA) raised $600K pre-seed round

Amplifai Health (KSA) raised an undisclosed round

Spoilz (KSA) raised an undisclosed seed round

NEOM Investment Fund (KSA) invested in Paradromics

Unipal (Bahrain) raised $2.2M pre-Series A round

Blum (UAE) raised $5M seed round

Merit Incentives (UAE) raised $28M Series B round

P1 Ventures (UAE) invested in Raenest (Nigeria)

AppliedAI (UAE Based) raised $55M Series A round

Taager (Egypt) raised $6.75M pre-Series B round

Qme (Egypt) raised $3M seed round

ToumAI (Morocco) raised $1m pre-seed round

Madica invested $400k in Motherbeing (Egypt) and Pixii Motors (Tunisia)

Acquisitions

Foodics (KSA) acquired Solo Ventures (UK) for an undisclosed value, and invested in 3 different startups: Norma (Greece), Add (KSA), and Arzag Plus (KSA)

Mush Social acquired Pubbles

Salla acquired Sweply and rebranded it to Salla Ads

Tamkeen Technologies acquired SolexPlus and unveiled a new identity at LEAP25

T2 (KSA) acquired a majority stake in MOOLA platform

Abu Dhabi’s Mubadala to take CI Financial private in a $3.4B deal

Main Headlines

Syria hosted its first international tech conference in 50 years

Saudi Arabia awarded nearly $2B in contracts in January

HGM launched a $300M investment fund aimed at attracting game developers to Saudi Arabia

National Technology Development Program committed $150M to launch accelerator programs in Saudi Arabia

Qatar Investment Authority committed funds to UTOPIA to invest in startups across high-growth markets

ITHCA Group (Oman) invested in Waad Investment

Joa Capital (KSA) launched a new $80M investment fund

Fuel Venture Capital and Mintiply Capital dedicated $45M to support UAE startups

Salesforce pledged $500M in investments in Saudi Arabia

Open For Application

HackForSyria Hackathon | Online & Offline

Asfari Challenge for Social Innovation | Lebanon, Jordan, Palestine, Syrian Diaspora

PIEC Incubation Program | Palestine

Elevate 2025 | Palestine

Cewas Green Accelerator | Jordan

Khawlani Coffee Hackathon | Yamen

MBRIF’s Cohort 10 | UAE

Join Core Istanbul Expert Training Team | Turkey

CEED Tunisia looking for Trainers/Coaches | Tunisia

The TERA-Award Smart Energy Innovation Competition | Global

Techy Bytes

Omar Al Olama and Elon Musk launched the Dubai Loop project

Microsoft launched the first Datacentre Academy in the Middle East in Saudi Arabia

UAE began mapping corridors for air taxis and cargo drones

UAE AI model tops 50 million monthly downloads

Saudi Arabia to export industrial robots by May