Saudi’s Orbii raises $3.6 million in Prosus-led seed to help banks and fintechs launch SME lending

September 8, 2025
MB Staff

Riyadh-based credit infrastructure platform Orbii has raised $3.6 million in a seed funding round led by Prosus Ventures, with participation…

Egypt’s TradeHub shuts down, returns remaining capital to investors after failing to achieve product-market fit

September 7, 2025

Egyptian B2B startup TradeHub has officially shut down operations and returned all remaining capital to investors, 18 months after raising…

Dubai’s WheelsOn raises $12.5 million in debt and equity for its deposit-free car rental platform

September 7, 2025

Dubai-based car rental startup WheelsOn has closed a $12.5 million funding round that combines $2.2 million in equity from a…

Saudi’s Intella raises $12.5 million in Prosus-led Series A to offer AI transcription for 25+ Arabic dialects

September 7, 2025

Riyadh-headquartered AI startup Intella has raised $12.5 million in an oversubscribed Series A funding round led by Prosus, with participation…

Qatar Investment Authority backs Anthropic’s record $13 billion round as AI firm hits $183 billion valuation

September 3, 2025

Qatar Investment Authority has joined a major group of global investors in backing Anthropic's massive $13 billion Series F funding…

Munify raises $3 million to serve Egyptian diaspora abroad and freelancers at home with cross-border banking

September 2, 2025

Munify has raised $3 million in seed funding to build a cross-border neobank that serves both the Egyptian diaspora sending…

Saudi’s Zetta raises $12 million Series A to expand device subscription services for enterprises

August 27, 2025

Saudi Arabia-based Device-as-a-Service (DaaS) startup Zetta has successfully closed a $12 million Series A funding round led by Core Vision…

Dubai’s Holo raises $22 million Series A to expand digital mortgage platform across GCC

August 25, 2025

UAE-based fintech Holo has raised $22 million in a Series A funding round led by Saudi Arabia's Impact46, with participation…

Saudi vacation rental platform Gathern raises $72 million at a valuation of over $266 million, eyes IPO

August 20, 2025

Saudi Arabia's leading vacation rental platform Gathern has raised $72 million in  Series B round led by Sanabil Investments, a…

Fahy Studios raises $1.75 million to build global games from Saudi Arabia

August 19, 2025

Riyadh-based game development studio Fahy Studios has closed a $1.75 million funding round led by Impact46 and Merak Capital, as…