Welcome back to your weekly journey through the MENA startup landscape!

Welcome back to another exciting week in the MENA startup ecosystem! we're highlighting the latest news, new opportunities, and can't-miss events happening across the region!

Fundraising Roulette

PiP World (UAE/Web3) raised $10M seed

Greeneration (UAE/Foodtech) raised $5M

4Partners (UAE/Dropshipping) raised $3.6M

OCTA (UAE/Fintech) raised $2.25M pre-seed

Synnax (UAE/DeFi) raised $550K

Ejari (KSA/Proptech) raised $14.65M seed round

AILA (KSA/EdTech) raised $1.15M

Yamm (KSA/Logistics) raised undisclosed pre-seed

Krti (Kuwait/Fintech) raised $1.5M pre-seed round

QPay (Oman/Fintech) raised undisclosed Seed round

Nana (KSA/Q-commerce) acquired Rasseed (KSA)

Tafaul (KSA) acquired jawlah (KSA)

AIdeology (UAE/AI) acquired by MDS SI

In The News

Over 1,800 startups from 100 countries attending Expand North Star in Dubai

Bahraini bank launched Gulf’s first Bitcoin investment fund

Damac (UAE) to invest $1b in Thailand data centers

Abu Dhabi Fund raised $100M to boost digital transformation

Vantage Capital Fund to invest $150M in Moroccan startups

DisrupTech (Egypt) to launch a $70M Investment Fund

ADIB (UAE) launched ADIB Ventures

Ecosystem Updates

Sunbolah graduated 14 FoodTech startups in Riyadh

Flat6Labs & Sawari Ventures to support African entrepreneurs

FasterCapital unveiled new educational tools for investors

DMCC partnered with CV VC

Ministry of communications in Jordan to launch an AI Incubator

Sharjah to host its first international conference on the future of AI

Open For Application

Sanabil Startup Unlocked by 500 Global | Saudi Arabia

Llama Design Drive AI Accelerator Program | Saudi Arabia

HUB71 Access Program | UAE

Intilaaqah Incubation Program | Egypt

Digital Signature For Financials (DiSiFi) Challenge | Jordan

4000 JOD Grant Opportunity for Jordanian Startups

Cool Events This Week

• Expand North Star | 13-16.10 Dubai

• GITEX | 14-18.10 Dubai

• AI: Friend or Foe? Mitigating the Risks of AI | 14.10 Riyadh

• Pitch Your Startup Idea to GCC Investors & Experts | 16.10 Virtual

• Information Technology Confex | 16.10 Dubai

• Africa Tech Show 2024 | 20.10 Casablanca

• Global Health Exhibition | 21.10 Riyadh

Techy Bytes

ADQ (UAE) partnered with EQTY Lab to accelerate AI adoption

UAE approved a global policy for AI

Meta's AI assistant to launch in Arab world

Kuwait to launch AI labs in schools

KISR (Kuwait) developed AI-based Home Energy Management System