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AI + Innovation (MENA) 
Infrastructure 
Dubai-born Enhance raises USD 18.2 mn for US expansion
With more than 700 US gyms already using its software, Enhance is now armed with USD 18.2 mn to scale…
MENA VC funds sit on USD 1.5 bn as deployment lags
Nearly nine of every ten dollars committed to funds since 2024 is still undeployed
More wheat for Egypt, India’s SEPC to acquire Wintality, Channel Capital backs SME lending platform, and GMNSM raises USD 2 mn
Abu Dhabi-based Al Dahra has begun implementing a five-year wheat supply agreement with Egypt worth up to USD 500 mn
Fasset reaches USD 1 bn valuation after USD 68 mn Series C round
Led by Japan’s SBI Group, the round gives Fasset fresh capital to expand its regulated financial network across banks, payment…
Cobi raises USD 1 mn, ARP Digital secures broker-dealer license from Vara, Coinbase gets ADGM greenlight for tokenization hub
The AI startup is building a layer to connect customer transaction and product data to automate workflows
Keyper raises USD 11 mn to make annual rent cheques less painful
The funding will help scale its monthly rent payment platform as the proptech looks to digitize one of the UAE…
1001 banks USD 30 mn to bring predictive AI to GCC ports, energy, and aviation
The platform gives operators real-time visibility into complex infrastructure, predicting disruptions and automating decisions
New stablecoin-powered fintech Sovra raises USD 2 mn in pre-seed funding
The platform will be rolled out in 180 countries, with a focus on MENA
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