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AI + Innovation (MENA) 
Infrastructure 
Dubai’s contactless dining startup Qlub secures USD 30 mn for expansion
The funding round was co-led by Shorooq Partners and Cherry Ventures, and saw participation from e& and Mubadala
Hub71’s Ovasave raises USD 1.2 mn pre-seed
The funds will support regional expansion to Saudi Arabia and the launch of new app features
UAE, KSA dominate VC funding in the region in 1H 2025
Saudi Arabia ranked second among all EVM geographies, with USD 860 mn raised from 114 investments
Proptech Huspy raises USD 59 mn for Saudi and Europe expansion
The startup plans to expand to six new cities in Spain this year
Smart contact lens startup Xpanceo joins unicorn club
The funding brings Xpanceo’s valuation to USD 1.35 bn
Abu Dhabi’s Bunat backs Saudi fleettech
The funding will support PetroApp’s regional growth, retail launch in Saudi Arabia, and planned 2028 IPO
Global Ventures backs decentralized cloud startup PoliCloud with EUR 7.5 mn funding round
The funding will be used to hire the operating team
Stryde acquires angel investment network Qora71
The move gives Dubai’s Stryde foothold in Abu Dhabi
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