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AI + Innovation (MENA) 
Infrastructure 
UAE venture funding up 188% in 9M amid foreign capital surge
The number of transactions also rose 5% to 164 in total
Shariah-compliant brokerage startup eyes 100k customers by year-end
Tabadulat eyes 100k users across direct and B2B channels
Middle East beauty startup raises USD 3 mn in seed funding
Led by a former Sequoia India investor, the company aims to build global beauty brands rooted in Middle East heritage
Tern Group raises USD 24 mn
Tern will use the funds to expand globally, scale AI tools, and grow training operations
Mubadala backs VentureSouq’s second FinTech Fund
The new capital will target investments in early-stage startups across payments infrastructure, digital banking, proptech, alternative credit, personal financial management,…
Proptech Prypco secures pre-series A round led by General Catalyst
Prypco lands pre-series A funding from General Catalyst: UAE-based proptech platform Prypco secured an unspecified amount of pre-series A funding…
CE-Invests backs Flipspaces’s USD 50 mn series C funding round
The firm also secured new global investors from Singapore and Japan
WheelsOn lands USD 12.5 mn to scale tech-driven car rentals
The round included USD 2.2 mn in equity commitments from private investors
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