Series A, B, C and later-stage funding rounds
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.
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.
Saudi platform erad closed a $22 million Series A led by MEVP to expand Shariah-compliant corporate financing for SMEs. It cites SAR 500 million deployed and SAR 4 billion in requests. Those figures are company-reported. Valuation was not published.
Dubai’s Amaani raised a $5 million Series A led by BECO Capital for AÏZA’s GCC push. Surge and Homegrown Ventures joined. Total funding is $8 million. A 9x H1 revenue jump is company-reported. Saudi Ulta doors are due at the end of September.
UAE-based Stone Venture led GENISOM AI’s Series B, described as several hundred million yuan, to push industrial robotics from Chinese sites to global yards. Unit counts are company-reported. No GCC customer contract was named with the round.
Paymob closed a $35 million Pre-Series C co-led by Mubadala and EBRD. GCC revenue has risen sevenfold in 18 months and is near half of the group. Total disclosed funding is above $125 million. Valuation was not published.
Saudi fintech barq has closed a USD 329.5 million Series A at a USD 1.85 billion valuation, becoming the Kingdom's newest unicorn after passing 15 million users and SAR 440 billion in funds processed in two years.
UAE-based fintech Fasset has raised 68 million dollars in a Series C led by Japan's SBI Group, hitting a 1 billion dollar valuation and unicorn status. The stablecoin neobanking platform reached the milestone just three months after its Series B.
Reach Capital has closed a 265 million dollar Fund V to back AI founders building to expand human potential across learning, health and work. The thesis runs against the grain, betting AI should serve human flourishing rather than replace workers.
Qatar's Rasmal Ventures has joined a 45 million dollar Series B for Yuno, a Colombian AI-native payments company, as Yuno makes Qatar its GCC headquarters. The deal pairs Gulf capital with a proven global payments platform expanding into the region.