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AI + Innovation (MENA) 
Infrastructure 
FlapKap raises USD 34 mn in pre-series A round
FlapKap will use the funding to expand its presence in the UAE and the GCC at large
Cercli raises USD 4 mn in seed funding
The funding was led by Afore Capital
Financial platform Ziina secures USD 22 mn in series A funding round
Ziina plans to use the money to expand regionally
Hulexo raises seed round
The funds will be used for expansion
Verofax secures USD 3 mn bridge funding from multiple investors
The funding will be used for Verofax’s projects in the Middle East and EU
Myco secures USD 10 mn Series A funding from multiple investors
Myco is planning to expand in the MENA region and North America
Powder Beauty secures pre-Series A funding to expand in the GCC region
The startup is focused on clean and sustainable beauty brands
Dubai-based e-mobility startup raises USD 15 mn
E Daddy plans to expand its e-bikes across the GCC and Africa
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