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AI + Innovation (MENA) 
Infrastructure 
Egyptian-led fintech Enza raises USD 6.8 mn in first external funding round
The fresh funds will be used to expand the fintech’s presence across key African markets
Local femtech startup Motherbeing gets USD 200k in pre-seed funding from Madica
The startup plans to use the funding to further develop its app Daleela, with a particular focus on its AI-powered…
Local queue management solution provider Qme closes USD 3 mn seed round
The funding round was led by UAE-based tech company AHOY
What went down during the VC Summit
Flat6Labs set to reach the first close of its USD 85 mn Africa Seed Fund by June
Local fintech player Khazna raises USD 16 mn in latest round
The company will use the fresh funds to continue its growth journey
Fincart raises undisclosed sum in pre-seed round
The fresh funds will help the startup improve its technology platform
Gender gap in VC funding widens as AI companies dominate
Funds targeting female founders are going through a rough patch
Fintech startup MoneyHash raises USD 5.2 mn in pre-series A funding
Southeast Asia is MoneyHash’s next target market
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