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Sawiris-backed firm anchors Swvl’s USD 13 mn strategic raise
The capital injection will help fund the company’s US push and a new lending product
Sovereign AI startup Avelin AI raises pre-seed funding, while DP World expands its trucking fleet
Avelin AI raises pre-seed round Dubai-based Avelin AI has secured USD 3.7 mn in pre-seed funding from angel investors to…
IHC takes stake in Sammaan, SMEs get another liquidity cushion, Mubadala + IHC back Whoop, and hospitality financing startup launches in UAE
Abu Dhabi giants are still writing checks
Prypco bags former Uber, Revolut, and Klarna execs
The platform expands its team as it moves toward fractional ownership
Mubadala joins USD 50 mn Breadfast round
Mubadala has taken a piece of Egypt’s consumer tech sector after historically focusing on energy plays in the country
MENA AI funding hits USD 858 mn in 2025, led by the UAE and Saudi Arabia
AI-native firms secured USD 589 mn, amounting to 69% of all AI funding
Mubadala makes another healthcare play with investment in L-Nutra, which will set up a JV in Abu Dhabi
The fund’s life sciences strategy will focus on Mubadala Bio and investing in innovative solutions
Debt collection startup ClearGrid raised USD 10 mn across two funding rounds
The funds will support ClearGrid’s expansion into Saudi Arabia and the advancement of its technology
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