Rafeeq has formed a strategic partnership with Startup Grind Doha to support events connecting entrepreneurs, investors and technology professionals in Qatar. The deal is an ecosystem partnership, not an investment or acquisition.
Vrtx has raised $3.6 million in Pre-Seed funding from SC Ventures by Standard Chartered and six other investors. The Riyadh company builds embedded finance infrastructure and holds SAMA in-principle approval for an EMI license.
Salehli secured $100,000 in a pre-seed led by EBLA Ventures, with Maynger Ventures and unnamed investors. The Aleppo marketplace books craftsmen and plans a business product. No valuation was disclosed.
Rasmal Ventures signed a three-year memorandum with Türkiye’s Bilişim Vadisi at GITEX Türkiye. It covers introductions and programmes. No fund and no cheque were attached.
Alo Hakeem closed a $165,000 pre-seed led by EBLA Ventures. The Syrian firm books home visits in Damascus, Hama and Aleppo, and wants a public app in November. No valuation was disclosed.
Phoenix Venture Partners backed COFE Tech in an undisclosed deal completed earlier in 2026. The firm says it bought existing shares. A $178 million valuation belongs to a later pre-IPO round, not to this purchase.
Echelon closed a round with East40, RAED Ventures, Avra and Ben Horowitz, and did not disclose the amount. The Riyadh firm, founded in 2025, installs foreign tools for Saudi companies and government bodies. A defence unit is planned for 2027.
Healthleap raised $38 million, an $8 million seed and a $30 million Series A, to flag hospital patients who may need a closer look. It says more than 50 hospitals use it. The valuation was not disclosed. The main published result is one malnutrition study.
Qatar Development Bank lists up to $5.5 million for established startups expanding into Qatar, and up to $1.1 million for early teams. Cash is paid in milestone tranches. The program is not new. Portfolio totals in social posts are not on the official page.
Shorooq and Presight joined Maven Robotics’ $100 million Series A through joint AI and Bedaya funds. The UAE ticket size was not disclosed. Proceeds fund 250 third-generation warehouse robots. Reliability and hours cited are company-reported.