NymCard Payment Services
Series B in 2025
NymCard is a payment processing platform founded in 2016, operating from Abu Dhabi, United Arab Emirates, with a focus on enhancing the digital payment landscape in Africa and the Middle East. The company specializes in providing an issuer processor solution that allows banks and financial institutions to offer innovative digital payment products, including plastic, virtual, and tokenized cards. NymCard's advanced infrastructure and user-friendly mobile wallet solutions facilitate quick account setup and immediate access to smart payment cards, promoting efficient and secure online transactions. By leveraging open APIs and mobile SDKs, NymCard aims to address the low penetration of payment cards in these regions, thereby driving greater participation in the digital economy.
CQR is a cybersecurity company that specializes in protecting industrial control systems. It offers a platform that provides tailored threat detection, incident response, and compliance services, along with installation, configuration, integration, incident response coordination, and digital forensics. The company's approach combines proactive strategies, advanced technology, and expert guidance to help businesses ensure the security and resilience of their operational technology environments.
The Box Self Storage Services
Debt Financing in 2025
The Box Self Storage Services LLC offers comprehensive storage solutions for both domestic and commercial clients, ensuring complete protection for their goods. The company provides 24-hour access to stored items, allowing clients the flexibility to retrieve their belongings at any time. In addition to secure storage, The Box offers insurance coverage for goods against unexpected damage during unforeseen events. The company specializes in moving and relocation services throughout Dubai and the UAE, tailoring customized relocation plans to meet individual needs and budgets. A dedicated relocation expert oversees the loading and unloading process, ensuring that items are handled safely and remain undamaged.
Halo AI
Seed Round in 2025
Halo AI provides autonomous influencer marketing solutions.
Amwal Tech
Seed Round in 2025
Amwal Tech specializes in providing a biometric authentication platform that streamlines the payment process through a single API. Their technology integrates identity verification, fraud prevention, and payment processing, enhancing the security and efficiency of digital transactions. This solution caters to various sectors, including eCommerce, banking, and fintech, allowing businesses to authenticate and secure their customers across multiple devices and channels. By offering a frictionless 1-click checkout experience, Amwal Tech aims to improve payment acceptance and reduce the risk of fraud for financial institutions, merchants, and payment providers.
Pemo is a comprehensive spend management solution that streamlines business operations by consolidating invoices, expenses, approvals, and spending decisions onto one platform. It offers smart corporate cards, invoice payment systems, expense tracking functions, automated approval flows, direct accounting integration, and real-time reporting to help businesses save time, money, automate administrative tasks, and gain visibility into their expenses.
Corgea develops data privacy and security solutions enabling companies to easily identify, track, and secure sensitive data. The solution also helps companies ensure that they comply with relevant regulations and standards, such as GDPR, HIPAA, and PCI-DSS.
Colabs is a leading collaborative workspace in Pakistan, designed to foster growth for individuals and businesses. The company focuses on inspiring collaboration, productivity, and innovation within its community. By providing essential resources and a supportive network, Colabs aims to help individuals realize their potential and encourages a culture of ambition and innovation among a new generation of change-makers. In addition to coworking spaces, Colabs offers various back-office solutions, including company registration, talent sourcing and management, payroll processing, and legal and tax compliance. This comprehensive approach allows businesses to streamline their operations, enabling them to concentrate on growth and success.
Prypco is a real estate services provider that aims to democratize access to the real estate market. It operates through four verticals: Prypco Mortgage, offering mortgage services; Prypco Exclusives, facilitating real estate investments; Prypco Golden Visa, assisting with residency by investment programs; and Prypco Blocks, providing a knowledge hub with real estate-related information. The company's mission is to empower users with the necessary tools and information to navigate the real estate market, regardless of financial barriers or prior experience.
Mala
Pre Seed Round in 2024
Mala provides a buy now, pay later (BNPL) solution specifically designed for B2B transactions in the MENA region. The platform enables businesses to manage their cash flow more effectively while making purchases.
Abhi
Debt Financing in 2024
Abhi is a financial wellness platform based in Pakistan, founded in 2021, that focuses on providing salary advances to employees based on their accrued wages. The platform enables users to withdraw a portion of their earned salary directly into their bank accounts, thereby offering a solution to immediate financial needs without hidden charges. In addition to its salary advance services, Abhi supports employers by streamlining payroll processes and reducing the administrative burden on HR and finance departments. The company aims to enhance financial access and flexibility for employees while ensuring timely payments for employers, ultimately transforming the way individuals manage their finances.
Settle Payments
Pre Seed Round in 2024
SETTLE automates enterprise's payments and manages all their bank accounts in one place for better cashflow decisions.
Intelmatix
Series A in 2024
Intelmatix is a deep-tech artificial intelligence company that specializes in creating tailored solutions to address challenges across various sectors. The company has developed an advanced AI platform that integrates domain knowledge with data sensing, processing, and analysis. This platform facilitates the creation of automated systems capable of navigating complexities both within and between industries. By leveraging its unique products and expertise, Intelmatix aims to empower organizations to enhance their operational efficiency and redefine their strategic approaches for the future.
44.01 specializes in CO2 removal from the atmosphere by accelerating the natural weathering process in peridotite rocks, converting captured CO2 into stable minerals.
DealCart
Seed Round in 2024
DealCart operates a social commerce platform that enables users to buy products collectively through group discussions on platforms like WhatsApp. The company focuses on affordable pricing for everyday essentials, offering groceries with next-day delivery and curated marketplaces for fashion, electronics, and home essentials.
Penny Software
Seed Round in 2024
Penny Software, established in 2020 and headquartered in Riyadh, Saudi Arabia, specializes in developing and providing Penny, a comprehensive cloud-based procure-to-pay system. This platform streamlines the full procurement cycle, from request to approval, enabling users to manage RFQs, compare quotations, send purchase orders, and facilitate payments. Key features include an action-driven dashboard, budget tracking, timeline management, product comparison, customizable reporting, and role-based privileges. Designed for mid-sized enterprises, Penny Software aims to consolidate spending needs into a single intelligent system, simplifying the procurement process.
Baycon is a telecom company specializing in mobile network services. It operates as a mobile virtual network enabler, providing global Wi-Fi and international travel SIM services. The company's technical infrastructure includes IP PBX, VoIP Gateway, Automatic Call Distributor (ACD), and Interactive Voice Response (IVR) systems, facilitating users' access to international mobile network services.
MANTRA DAO
Series A in 2024
MANTRA develops a vertically-integrated and regulatory-compliant blockchain ecosystem. It allows users around the world to trade, issue, and earn from both digital assets and tokenized securities alike.
Ad-Shield
Seed Round in 2024
Ad-Shield specializes in helping online publishers recover revenue lost due to ad blocking. Its advanced technology complies with Better Ads Standards, allowing publishers to monetize ad-blocked traffic while preserving a positive user experience.
Allub Home
Series A in 2024
At Allub Home, we believe finding your dream property should be an exciting and seamless experience, whether you’re a developer, an agent, or a homebuyer. We’re a dynamic real estate marketplace designed to bridge the gap between developers, agencies, agents, and consumers, creating a unified platform where the search for property is simple, transparent, and efficient.
For developers and agencies, Allub Home provides a powerful tool to showcase new projects and existing properties to a broad audience. We offer advanced features to help you present your listings in the best light, connecting you with potential buyers in a competitive market.
For real estate agents, our platform serves as a comprehensive marketplace, helping you expand your reach and engage with more clients. With our intuitive interface, you can easily manage listings, connect with leads, and close deals faster.
For homebuyers and renters, Allub Home makes the search for your perfect property easier than ever. With detailed listings, virtual tours, and real-time availability updates, you can explore a wide variety of homes, from new developments to resale properties, all from the comfort of your device.
At Allub Home, we’re committed to simplifying the real estate journey for everyone involved. Whether you’re looking to sell, buy, or rent, our platform is here to make the process smarter, faster, and more convenient.
Welcome to Allub Home — your trusted partner in the world of real estate.
DXwand is an AI-driven cognitive CRM and contact-center platform that automates customer engagements across social channels, messaging apps, and websites. Using artificial intelligence and machine learning, it responds to customer conversations, converts chats into insights and dashboards, and supports data-driven growth decisions. The platform enables users to build, host, and manage sales and chat bots that can handle product sales, order tracking, and proactive messaging 24/7 across channels such as Facebook Messenger, WhatsApp, Email, SMS, and websites. By turning conversations into leads and sales orders, it helps enterprises scale customer interactions while surfacing actionable business insights. Founded in 2018 and headquartered in Cheyenne, Wyoming, DXwand targets enterprise customers seeking to automate and optimize online relationships and revenue through AI-powered conversational commerce.
Tamara is a prominent shopping and payments platform based in Riyadh, Saudi Arabia, and serves the GCC region. Founded in September 2020 by Abdulmajeed Alsukhan and his partners, the company aims to revolutionize shopping, payment, and banking experiences. With a workforce of over 350 employees, Tamara operates additional offices in the UAE, Egypt, Germany, and Vietnam. The platform empowers merchants by providing flexible payment solutions, including installment options, through its application programming interfaces and plugins. This functionality enhances customer experiences and boosts sales for merchants. Tamara has established a robust customer base of 6 million and collaborates with over 15,000 partner merchants, which include both leading global brands and local small and medium enterprises. The company has successfully raised significant funding, highlighting its strong market presence and growth potential.
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia.
Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards.
Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.
Immensa specializes in creating digital inventory solutions for the global oil and energy sectors. It focuses on developing strategies for three-dimensional printing, rapid prototyping, and material qualification to enable clients' transition to efficient digital warehousing using additive manufacturing technologies.
Retailo
Venture Round in 2023
Retailo is an online B2B marketplace focused on digitizing the retail supply chain in the MENAP region. Founded in July 2020 by former Careem executives, the company is headquartered in Riyadh, Saudi Arabia. Retailo has rapidly emerged as a leading startup, serving over 35,000 active retailers who can access more than 2,000 stock-keeping units (SKUs) through its app, with deliveries made within 24 hours of order placement. The company operates multiple warehouses across various cities in the MENAP region, managing a vast inventory from hundreds of brands, including direct partners. With a workforce of over 500 employees, Retailo processes tens of thousands of orders each month. Its mission is to simplify retail operations and enhance supply chain accessibility, aiming to unlock the earning potential of 10 million small and medium-sized enterprise retailers across the region and contribute to the overall economic growth.
Tamara
Debt Financing in 2023
Tamara is a prominent shopping and payments platform based in Riyadh, Saudi Arabia, and serves the GCC region. Founded in September 2020 by Abdulmajeed Alsukhan and his partners, the company aims to revolutionize shopping, payment, and banking experiences. With a workforce of over 350 employees, Tamara operates additional offices in the UAE, Egypt, Germany, and Vietnam. The platform empowers merchants by providing flexible payment solutions, including installment options, through its application programming interfaces and plugins. This functionality enhances customer experiences and boosts sales for merchants. Tamara has established a robust customer base of 6 million and collaborates with over 15,000 partner merchants, which include both leading global brands and local small and medium enterprises. The company has successfully raised significant funding, highlighting its strong market presence and growth potential.
Triple-A facilitates seamless business payments in both traditional and digital currencies. Licensed by the Monetary Authority of Singapore (MAS) and other regulatory bodies, Triple-A offers secure, compliant payment solutions via API or no-code integration, serving over 20,000 businesses worldwide.
Pearl Semiconductor
Seed Round in 2023
Pearl Semiconductor specializes in developing high-performance reference clocks and timing integrated circuits. Utilizing piezoelectric MEMS resonators built on CMOS, the company caters to industries such as industrial, networking, telecom, and automotive.
Dharma is a travel brand-as-a-service platform that specializes in hosting group trips led by inspiring individuals and notable brands. The company develops customized travel portfolios for its clients, which include comprehensive services such as distribution audits, product planning, budgeting, and the creation of websites and applications. Additionally, Dharma manages compliance, offers sales support, and provides guest-facing applications, ensuring quality control and risk management throughout the travel experience. By facilitating these services, Dharma enables its clients to successfully create and host memorable group trips for their communities, thereby shaping the future of travel brands.
Virtualness
Venture Round in 2023
Virtualness is a mobile-first platform designed to help brands and creators successfully navigate the complexities of the Web3 environment. The company focuses on empowering artists by providing a comprehensive playbook that emphasizes accessible design, efficient sharing, and seamless digital commerce. Its platform facilitates interaction across multiple social media channels, enabling users to create, showcase, and monetize their branded digital collectibles. By prioritizing user experience, Virtualness aims to simplify the transition into the digital economy for creators and brands alike.
The Food Lab
Seed Round in 2023
The Food Lab is an Egyptian infrastructure provider for the food & beverage industry. It offers end-to-end services including cloud kitchens and procurement, empowering restaurants to expand reach and improve operational efficiencies.
Dtonic
Venture Round in 2023
Dtonic specializes in developing Spatio-Temporal big data solutions. Its flagship product, Geo-Hiker, is a middleware that enhances existing big data systems' efficiency in managing space-time data from industries like smart cities, weather, traffic, and vehicles. Geo-Hiker improves processing speed, quality, and reduces total cost of ownership through AI-based indexing and machine learning algorithms with minimal migration requirements.
Qlub offers a fast and secure payment solution designed specifically for the restaurant industry. Its platform enables restaurant, pub, and cafe owners to display their menus and accept payments in seconds. Customers can pay their bills quickly by scanning a QR code, allowing for a seamless transaction that takes about 10 seconds, all without the need to install an app or register. This efficiency enhances the dining experience for customers while improving workflow for staff, ultimately creating a more enjoyable atmosphere for all.
Aumet is a B2B healthcare platform that connects manufacturers, distributors, and pharmacies to streamline procurement and order management. It serves as a marketplace for suppliers to list products and connect with distributors and for distributors to search for new products and indicate their country interests, enabling market reach and verification of partners. The platform functions as a one-stop shop for pharmacy solutions, offering auto inventory management, real-time ERP integration, and multiple payment methods to support stock control and financial transactions. By facilitating the sharing of hospital inquiries, market news, and product information, Aumet helps healthcare buyers and suppliers collaborate more efficiently, expand product access, and improve operational workflows across sourcing, purchasing, and fulfillment.
Proteinea
Convertible Note in 2023
Proteinea develops a protein engineering platform that uses proprietary AI models and computational tools to design next-generation antibodies with enhanced efficacy, safety, and convenience. The company aims to make biotherapeutics development smarter, safer, and faster.
Amwal Tech
Pre Seed Round in 2023
Amwal Tech specializes in providing a biometric authentication platform that streamlines the payment process through a single API. Their technology integrates identity verification, fraud prevention, and payment processing, enhancing the security and efficiency of digital transactions. This solution caters to various sectors, including eCommerce, banking, and fintech, allowing businesses to authenticate and secure their customers across multiple devices and channels. By offering a frictionless 1-click checkout experience, Amwal Tech aims to improve payment acceptance and reduce the risk of fraud for financial institutions, merchants, and payment providers.
Santechture
Seed Round in 2023
Santechture is a healthcare technology company focused on revolutionizing Revenue Cycle Management in Asia through advanced AI and cloud-based solutions. The company offers Software as a Service products that cater to both large and small healthcare providers, facilitating the development of efficient revenue cycle processes. Santechture's software enhances patient management and assists administrative staff and medical professionals with critical tasks such as medical coding. By implementing these innovative solutions, healthcare organizations can reduce operational costs, increase automation, improve accuracy, and safeguard their revenue.
Fuse Financial Technologies
Pre Seed Round in 2023
Fuse builds financial infrastructure in the Middle East on MENA's first developer-focused banking stack.
Dharma
Convertible Note in 2022
Dharma is a travel brand-as-a-service platform that specializes in hosting group trips led by inspiring individuals and notable brands. The company develops customized travel portfolios for its clients, which include comprehensive services such as distribution audits, product planning, budgeting, and the creation of websites and applications. Additionally, Dharma manages compliance, offers sales support, and provides guest-facing applications, ensuring quality control and risk management throughout the travel experience. By facilitating these services, Dharma enables its clients to successfully create and host memorable group trips for their communities, thereby shaping the future of travel brands.
Retailo
Convertible Note in 2022
Retailo is an online B2B marketplace focused on digitizing the retail supply chain in the MENAP region. Founded in July 2020 by former Careem executives, the company is headquartered in Riyadh, Saudi Arabia. Retailo has rapidly emerged as a leading startup, serving over 35,000 active retailers who can access more than 2,000 stock-keeping units (SKUs) through its app, with deliveries made within 24 hours of order placement. The company operates multiple warehouses across various cities in the MENAP region, managing a vast inventory from hundreds of brands, including direct partners. With a workforce of over 500 employees, Retailo processes tens of thousands of orders each month. Its mission is to simplify retail operations and enhance supply chain accessibility, aiming to unlock the earning potential of 10 million small and medium-sized enterprise retailers across the region and contribute to the overall economic growth.
Agroshift
Pre Seed Round in 2022
Agroshift is an agriculture-focused platform that connects farmers and traders with businesses and consumers, bypassing traditional middlemen to provide direct access to high-quality, safe, and affordable food. The company operates a digital ordering system accessible by web and mobile apps and uses a micro-fulfillment model to source daily needs such as vegetables, fruits, grains, and meat, often serving factory workers and their surrounding micro-retailers with fresh produce. By coordinating sourcing and delivery across farms and trader networks, Agroshift aims to improve yields for farmers and fair prices for buyers while expanding access to fresh food for workers and local communities.
Lean Technologies
Secondary Market in 2022
Lean Technologies Limited is a FinTech startup founded in 2019 and based in Riyadh, Saudi Arabia. The company specializes in developing an application programming interface (API) platform that facilitates access to consumer financial data. Its API suite addresses the complexities of fragmented financial infrastructure, allowing businesses to easily access their customers' financial information and execute instant bank transfers. Lean Technologies aims to improve the accessibility, transparency, and functionality of financial data and payment systems, contributing to a more inclusive and interconnected financial ecosystem for both consumers and businesses.
Levers
Pre Seed Round in 2022
Levers is a developer of a SaaS platform that specializes in accounts receivable management for B2B companies. The company offers a solution that integrates seamlessly with existing accounting systems, enhancing the accounts receivable process. Its platform features personalized payment reminders, flexible payment options, and tools for cross-team collaboration. Additionally, Levers provides actionable business intelligence and live monthly bookkeeping, helping businesses reduce overdue payments, expedite cash collection, and ultimately improve cash flow. By streamlining financial operations, Levers aims to empower companies to manage their receivables more effectively.
Tamara is a prominent shopping and payments platform based in Riyadh, Saudi Arabia, and serves the GCC region. Founded in September 2020 by Abdulmajeed Alsukhan and his partners, the company aims to revolutionize shopping, payment, and banking experiences. With a workforce of over 350 employees, Tamara operates additional offices in the UAE, Egypt, Germany, and Vietnam. The platform empowers merchants by providing flexible payment solutions, including installment options, through its application programming interfaces and plugins. This functionality enhances customer experiences and boosts sales for merchants. Tamara has established a robust customer base of 6 million and collaborates with over 15,000 partner merchants, which include both leading global brands and local small and medium enterprises. The company has successfully raised significant funding, highlighting its strong market presence and growth potential.
OneLoad is a fintech product developed by EP Systems, a subsidiary of Systems Limited. It offers an innovative digital wallet and payment platform designed to promote financial inclusion and accessibility to digital payments in Pakistan.
DealCart
Pre Seed Round in 2022
DealCart operates a social commerce platform that enables users to buy products collectively through group discussions on platforms like WhatsApp. The company focuses on affordable pricing for everyday essentials, offering groceries with next-day delivery and curated marketplaces for fashion, electronics, and home essentials.
Retailo
Debt Financing in 2022
Retailo is an online B2B marketplace focused on digitizing the retail supply chain in the MENAP region. Founded in July 2020 by former Careem executives, the company is headquartered in Riyadh, Saudi Arabia. Retailo has rapidly emerged as a leading startup, serving over 35,000 active retailers who can access more than 2,000 stock-keeping units (SKUs) through its app, with deliveries made within 24 hours of order placement. The company operates multiple warehouses across various cities in the MENAP region, managing a vast inventory from hundreds of brands, including direct partners. With a workforce of over 500 employees, Retailo processes tens of thousands of orders each month. Its mission is to simplify retail operations and enhance supply chain accessibility, aiming to unlock the earning potential of 10 million small and medium-sized enterprise retailers across the region and contribute to the overall economic growth.
Khazenly
Seed Round in 2022
Khazenly offers on-demand digital warehousing and omnichannel fulfillment management that helps merchants digitize and streamline their operations across online stores, physical retail, marketplaces, and cross-border channels. Leveraging artificial intelligence and big data, the platform supports storage, order processing, delivery, and cash collection, enabling e-commerce entrepreneurs and social commerce retailers to optimize logistics and fulfill orders efficiently.
NymCard Payment Services
Series A in 2022
NymCard is a payment processing platform founded in 2016, operating from Abu Dhabi, United Arab Emirates, with a focus on enhancing the digital payment landscape in Africa and the Middle East. The company specializes in providing an issuer processor solution that allows banks and financial institutions to offer innovative digital payment products, including plastic, virtual, and tokenized cards. NymCard's advanced infrastructure and user-friendly mobile wallet solutions facilitate quick account setup and immediate access to smart payment cards, promoting efficient and secure online transactions. By leveraging open APIs and mobile SDKs, NymCard aims to address the low penetration of payment cards in these regions, thereby driving greater participation in the digital economy.
ZenLedger
Series B in 2022
ZenLedger develops software solutions for cryptocurrency tax management. It offers ZenLedger, a tool that enables users to import cryptocurrency transactions, calculate gains and income, and auto-fill tax forms. Its platform produces profit/loss statements and prepares various tax reports.
Pemo is a comprehensive spend management solution that streamlines business operations by consolidating invoices, expenses, approvals, and spending decisions onto one platform. It offers smart corporate cards, invoice payment systems, expense tracking functions, automated approval flows, direct accounting integration, and real-time reporting to help businesses save time, money, automate administrative tasks, and gain visibility into their expenses.
Proteinea
Seed Round in 2022
Proteinea develops a protein engineering platform that uses proprietary AI models and computational tools to design next-generation antibodies with enhanced efficacy, safety, and convenience. The company aims to make biotherapeutics development smarter, safer, and faster.
Repzo
Convertible Note in 2022
Repzo develops a mobile sales CRM platform designed to streamline field force management. It transforms smartphones or tablets into standalone tools for monitoring staff efficiency, assigning tasks, and providing real-time updates, significantly reducing order processing time.
The Food Lab
Pre Seed Round in 2022
The Food Lab is an Egyptian infrastructure provider for the food & beverage industry. It offers end-to-end services including cloud kitchens and procurement, empowering restaurants to expand reach and improve operational efficiencies.
Colabs is a leading collaborative workspace in Pakistan, designed to foster growth for individuals and businesses. The company focuses on inspiring collaboration, productivity, and innovation within its community. By providing essential resources and a supportive network, Colabs aims to help individuals realize their potential and encourages a culture of ambition and innovation among a new generation of change-makers. In addition to coworking spaces, Colabs offers various back-office solutions, including company registration, talent sourcing and management, payroll processing, and legal and tax compliance. This comprehensive approach allows businesses to streamline their operations, enabling them to concentrate on growth and success.
Wayne Hills Bryant AI
Venture Round in 2022
Wayne Hills Bryant A.I. is a pioneering AI SaaS platform that transforms text and voice data into digital video content.
Our technology uses machine learning and natural language processing to create cohesive narratives, significantly reducing content creation time and costs.
Since our establishment, we've earned prestigious awards and developed a portfolio of 33 patents.
We're also expanding our offerings with innovative products like our Text-To -Video(TTV) solution.
With successful Series A funding and an ongoing Series B round, we're shaping the future of video storytelling content generation.
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.
Capiter
Convertible Note in 2022
Capiter is a B2B e-commerce marketplace based in Cairo, Egypt, that connects small businesses, vendors, wholesalers, and FMCGs on a single platform. Founded in 2019, the company streamlines the supply chain by allowing merchants to order products online and access on-demand credit facilities. Capiter facilitates immediate payment to suppliers for goods sold to buyers, thereby mitigating collection and credit risks. By leveraging advanced technology and machine learning, it enhances operational efficiency and data accuracy across the supply chain. This approach not only supports small businesses in increasing sales and expanding their customer base but also improves cash flow management.
Mozn is a technology company that builds and deploys bespoke AI solutions, focusing on Arabic natural language processing data products and enterprise AI platforms. It offers an enterprise AI platform designed to help organizations create advanced AI products for decision making, using text analytics and machine learning to extract insights from data. The company's solutions enable financial institutions and other clients to screen and monitor customers, strengthen AML and fraud controls, and address operational challenges through autonomous algorithms and analytics. Mozn positions itself as a regional leader with global reach in AI and Arabic NLP, delivering scalable data-driven capabilities for diverse industries.
Retailo is an online B2B marketplace focused on digitizing the retail supply chain in the MENAP region. Founded in July 2020 by former Careem executives, the company is headquartered in Riyadh, Saudi Arabia. Retailo has rapidly emerged as a leading startup, serving over 35,000 active retailers who can access more than 2,000 stock-keeping units (SKUs) through its app, with deliveries made within 24 hours of order placement. The company operates multiple warehouses across various cities in the MENAP region, managing a vast inventory from hundreds of brands, including direct partners. With a workforce of over 500 employees, Retailo processes tens of thousands of orders each month. Its mission is to simplify retail operations and enhance supply chain accessibility, aiming to unlock the earning potential of 10 million small and medium-sized enterprise retailers across the region and contribute to the overall economic growth.
Capiter
Venture Round in 2022
Capiter is a B2B e-commerce marketplace based in Cairo, Egypt, that connects small businesses, vendors, wholesalers, and FMCGs on a single platform. Founded in 2019, the company streamlines the supply chain by allowing merchants to order products online and access on-demand credit facilities. Capiter facilitates immediate payment to suppliers for goods sold to buyers, thereby mitigating collection and credit risks. By leveraging advanced technology and machine learning, it enhances operational efficiency and data accuracy across the supply chain. This approach not only supports small businesses in increasing sales and expanding their customer base but also improves cash flow management.
Qlub offers a fast and secure payment solution designed specifically for the restaurant industry. Its platform enables restaurant, pub, and cafe owners to display their menus and accept payments in seconds. Customers can pay their bills quickly by scanning a QR code, allowing for a seamless transaction that takes about 10 seconds, all without the need to install an app or register. This efficiency enhances the dining experience for customers while improving workflow for staff, ultimately creating a more enjoyable atmosphere for all.
Lean Technologies
Series A in 2022
Lean Technologies Limited is a FinTech startup founded in 2019 and based in Riyadh, Saudi Arabia. The company specializes in developing an application programming interface (API) platform that facilitates access to consumer financial data. Its API suite addresses the complexities of fragmented financial infrastructure, allowing businesses to easily access their customers' financial information and execute instant bank transfers. Lean Technologies aims to improve the accessibility, transparency, and functionality of financial data and payment systems, contributing to a more inclusive and interconnected financial ecosystem for both consumers and businesses.
Penny Software
Seed Round in 2022
Penny Software, established in 2020 and headquartered in Riyadh, Saudi Arabia, specializes in developing and providing Penny, a comprehensive cloud-based procure-to-pay system. This platform streamlines the full procurement cycle, from request to approval, enabling users to manage RFQs, compare quotations, send purchase orders, and facilitate payments. Key features include an action-driven dashboard, budget tracking, timeline management, product comparison, customizable reporting, and role-based privileges. Designed for mid-sized enterprises, Penny Software aims to consolidate spending needs into a single intelligent system, simplifying the procurement process.
Dharma
Convertible Note in 2022
Dharma is a travel brand-as-a-service platform that specializes in hosting group trips led by inspiring individuals and notable brands. The company develops customized travel portfolios for its clients, which include comprehensive services such as distribution audits, product planning, budgeting, and the creation of websites and applications. Additionally, Dharma manages compliance, offers sales support, and provides guest-facing applications, ensuring quality control and risk management throughout the travel experience. By facilitating these services, Dharma enables its clients to successfully create and host memorable group trips for their communities, thereby shaping the future of travel brands.
Averroes Ai
Pre Seed Round in 2022
Averroes Ai specializes in developing an artificial intelligence application that automates the creation of custom AI models tailored for industrial companies. The platform offers solutions such as visual inspection, predictive maintenance, quality testing, and yield prediction. By implementing these advanced features, Averroes Ai enhances manufacturing processes, allowing companies to focus on addressing defects rather than dedicating resources to identifying them. This innovation streamlines operations and improves overall efficiency within the industrial sector.
Lendo
Secondary Market in 2022
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia.
Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards.
Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.
Tazah Technologies
Seed Round in 2021
Tazah Technologies is an agricultural marketplace focused on enhancing the food and agriculture supply chain in Pakistan. The company aims to improve the lives of producers, businesses, and consumers by developing a technology-enabled operating system that connects farmers directly to businesses. Through its platform, Tazah offers transparent pricing, standardized quality, and the convenience of mobile application orders. This approach seeks to make the global food and agricultural value chain more efficient, transparent, and reliable, ultimately benefiting all stakeholders involved.
PostEx blends receivables factoring with courier services to provide upfront payment of COD invoices to e-commerce companies. It offers payment acceptance from customers and upfront collection for all COD orders, helping businesses monitor delivery status, retailers track shipments, and manage cash flow across COD transactions.
MUNCH:ON is a food tech startup that has cracked the subscription space in the UAE & KSA, focusing on offering meals from the best restaurants at a significant discount and with free delivery. The company has invested heavily in its scheduling, bundling and order prediction software which has enabled it to achieve massive cost savings for its restaurant partners that they then pass on to their users, often offering up to a 55% discount vs. restaurants' regular price. Whether it's employees ordering from their company's curated menu or users ordering for their families at home, the platform takes the usual hassle and cost out of food delivery in a financially (and environmentally) sustainable manner for all stakeholders
Immensa specializes in creating digital inventory solutions for the global oil and energy sectors. It focuses on developing strategies for three-dimensional printing, rapid prototyping, and material qualification to enable clients' transition to efficient digital warehousing using additive manufacturing technologies.
Breadfast
Series A in 2021
Founded in 2017, Breadfast is an Egyptian company specializing in the production and delivery of a wide variety of bakery products. Its offerings include bread like white toast, brown toast, baguette, and multigrain, along with pastries such as croissants and muffins. The company operates an online delivery service for these products.
KTrade is an investment platform that facilitates direct access to equity markets in Pakistan. The firm offers a range of products and services, including equities, commodities, fixed income, and foreign exchange sales and trading. Additionally, KTrade provides securities and economic research to a diverse client base, which includes individuals, high net worth individuals, pension funds, institutional investors, and corporations. By connecting capital with growth companies, KTrade aims to enhance investment opportunities within the public equity and fixed income markets of Pakistan. Established in January 2005 and headquartered in Karachi, KTrade operates as a subsidiary of KASB Bank Limited.
NymCard Payment Services
Series A in 2021
NymCard is a payment processing platform founded in 2016, operating from Abu Dhabi, United Arab Emirates, with a focus on enhancing the digital payment landscape in Africa and the Middle East. The company specializes in providing an issuer processor solution that allows banks and financial institutions to offer innovative digital payment products, including plastic, virtual, and tokenized cards. NymCard's advanced infrastructure and user-friendly mobile wallet solutions facilitate quick account setup and immediate access to smart payment cards, promoting efficient and secure online transactions. By leveraging open APIs and mobile SDKs, NymCard aims to address the low penetration of payment cards in these regions, thereby driving greater participation in the digital economy.
Lean Technologies
Funding Round in 2021
Lean Technologies Limited is a FinTech startup founded in 2019 and based in Riyadh, Saudi Arabia. The company specializes in developing an application programming interface (API) platform that facilitates access to consumer financial data. Its API suite addresses the complexities of fragmented financial infrastructure, allowing businesses to easily access their customers' financial information and execute instant bank transfers. Lean Technologies aims to improve the accessibility, transparency, and functionality of financial data and payment systems, contributing to a more inclusive and interconnected financial ecosystem for both consumers and businesses.
Retailo
Seed Round in 2021
Retailo is an online B2B marketplace focused on digitizing the retail supply chain in the MENAP region. Founded in July 2020 by former Careem executives, the company is headquartered in Riyadh, Saudi Arabia. Retailo has rapidly emerged as a leading startup, serving over 35,000 active retailers who can access more than 2,000 stock-keeping units (SKUs) through its app, with deliveries made within 24 hours of order placement. The company operates multiple warehouses across various cities in the MENAP region, managing a vast inventory from hundreds of brands, including direct partners. With a workforce of over 500 employees, Retailo processes tens of thousands of orders each month. Its mission is to simplify retail operations and enhance supply chain accessibility, aiming to unlock the earning potential of 10 million small and medium-sized enterprise retailers across the region and contribute to the overall economic growth.
PostEx blends receivables factoring with courier services to provide upfront payment of COD invoices to e-commerce companies. It offers payment acceptance from customers and upfront collection for all COD orders, helping businesses monitor delivery status, retailers track shipments, and manage cash flow across COD transactions.
Pure Harvest Smart Farms
Debt Financing in 2021
Pure Harvest Smart Farms is a Dubai-based company focused on sustainable agriculture in the Arab Gulf region. It produces premium fruits and vegetables, including tomatoes, using controlled-environment technologies to enable year-round production of affordable, high-quality produce.
Truck Lagbe
Series A in 2021
Truck Lagbe is a logistics platform based in Bangladesh that facilitates the booking of shipping and freight services. It offers an application that allows users to hire trucks for both short-haul and long-haul transportation, accommodating a range of vehicle sizes from 1 ton to 25 tons. By providing an accessible solution for businesses to arrange transportation, Truck Lagbe aims to streamline logistics processes and ensure the safe delivery of goods. The application is available for both Android and iOS devices, making it convenient for users to manage their shipping needs.
Nuqtah NFT
Pre Seed Round in 2021
Pioneering NFT's in the Saudi Arabia with Nuqtah's NFT creative marketplace, with a goal to value the creative economy at the pedestal it should be at.
Dharma is a travel brand-as-a-service platform that specializes in hosting group trips led by inspiring individuals and notable brands. The company develops customized travel portfolios for its clients, which include comprehensive services such as distribution audits, product planning, budgeting, and the creation of websites and applications. Additionally, Dharma manages compliance, offers sales support, and provides guest-facing applications, ensuring quality control and risk management throughout the travel experience. By facilitating these services, Dharma enables its clients to successfully create and host memorable group trips for their communities, thereby shaping the future of travel brands.
Capiter is a B2B e-commerce marketplace based in Cairo, Egypt, that connects small businesses, vendors, wholesalers, and FMCGs on a single platform. Founded in 2019, the company streamlines the supply chain by allowing merchants to order products online and access on-demand credit facilities. Capiter facilitates immediate payment to suppliers for goods sold to buyers, thereby mitigating collection and credit risks. By leveraging advanced technology and machine learning, it enhances operational efficiency and data accuracy across the supply chain. This approach not only supports small businesses in increasing sales and expanding their customer base but also improves cash flow management.
Cayesh
Pre Seed Round in 2021
Cayesh is a fintech company specializing in digital supply chain finance solutions designed for supply chain stakeholders. The company provides an integrated platform that offers working capital, invoice management, and supply chain payment services. By combining technology, expertise, and operational capabilities, Cayesh aims to address various cash flow challenges faced by its clients, including the availability, management, and mobilization of capital. Its solutions are tailored to be affordable, helping businesses optimize their financial operations within the supply chain.
Dtonic specializes in developing Spatio-Temporal big data solutions. Its flagship product, Geo-Hiker, is a middleware that enhances existing big data systems' efficiency in managing space-time data from industries like smart cities, weather, traffic, and vehicles. Geo-Hiker improves processing speed, quality, and reduces total cost of ownership through AI-based indexing and machine learning algorithms with minimal migration requirements.
Aumet
Funding Round in 2021
Aumet is a B2B healthcare platform that connects manufacturers, distributors, and pharmacies to streamline procurement and order management. It serves as a marketplace for suppliers to list products and connect with distributors and for distributors to search for new products and indicate their country interests, enabling market reach and verification of partners. The platform functions as a one-stop shop for pharmacy solutions, offering auto inventory management, real-time ERP integration, and multiple payment methods to support stock control and financial transactions. By facilitating the sharing of hospital inquiries, market news, and product information, Aumet helps healthcare buyers and suppliers collaborate more efficiently, expand product access, and improve operational workflows across sourcing, purchasing, and fulfillment.
Sarwa Digital Wealth Limited is a privately owned investment advisory that simplifies the investment process through the use of advanced technology. The company has developed an automated investment management platform aimed at facilitating long-term financial growth for its clients. By integrating proven investment strategies with innovative technology, Sarwa reduces costs associated with investing while educating users on personal finance and investment principles. This approach allows customers to make diversified investments, ultimately enhancing their potential for better returns. Sarwa's commitment to making investing accessible and affordable positions it as a notable player in the financial advisory sector.
Quota Lab
Venture Round in 2021
Quota Lab is a financial infrastructure company that connects the capital flows of all ventures & startups, general partners (GPs), and limited partners (LPs) to build a venture capital market infrastructure and create a new financial ecosystem.
DigiKhata
Seed Round in 2021
DigiKhata is a developer of a bookkeeping and accounting application tailored for shopkeepers and businesses. This app allows users to easily maintain customer accounts and track various business transactions securely. It offers features for managing personal and business accounts, including ledgers, debit and credit transactions, and installment payments. The application supports handling of multiple currencies, enabling clients to manage various business ledgers within a single platform and digitize their transaction records efficiently. DigiKhata aims to streamline the financial management process for its users, making it simpler and more effective.
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.
Quota Lab
Seed Round in 2021
Quota Lab is a financial infrastructure company that connects the capital flows of all ventures & startups, general partners (GPs), and limited partners (LPs) to build a venture capital market infrastructure and create a new financial ecosystem.
Autarky Advisors
Acquisition in 2021
Autarky Advisors is a venture builder and investment advisory company based in Manama, Bahrain. The firm specializes in developing and investing in innovative ideas, creating comprehensive concepts from inception to execution. Autarky Advisors focuses on high-impact ventures that align with national tourism and diversification strategies. Additionally, the company offers consultancy services, including feasibility and economic impact assessments, concept generation, design, and master planning, enabling clients to bring their projects to fruition.
TruKKer
Secondary Market in 2021
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.
Capiter
Convertible Note in 2021
Capiter is a B2B e-commerce marketplace based in Cairo, Egypt, that connects small businesses, vendors, wholesalers, and FMCGs on a single platform. Founded in 2019, the company streamlines the supply chain by allowing merchants to order products online and access on-demand credit facilities. Capiter facilitates immediate payment to suppliers for goods sold to buyers, thereby mitigating collection and credit risks. By leveraging advanced technology and machine learning, it enhances operational efficiency and data accuracy across the supply chain. This approach not only supports small businesses in increasing sales and expanding their customer base but also improves cash flow management.
Retailo
Seed Round in 2021
Retailo is an online B2B marketplace focused on digitizing the retail supply chain in the MENAP region. Founded in July 2020 by former Careem executives, the company is headquartered in Riyadh, Saudi Arabia. Retailo has rapidly emerged as a leading startup, serving over 35,000 active retailers who can access more than 2,000 stock-keeping units (SKUs) through its app, with deliveries made within 24 hours of order placement. The company operates multiple warehouses across various cities in the MENAP region, managing a vast inventory from hundreds of brands, including direct partners. With a workforce of over 500 employees, Retailo processes tens of thousands of orders each month. Its mission is to simplify retail operations and enhance supply chain accessibility, aiming to unlock the earning potential of 10 million small and medium-sized enterprise retailers across the region and contribute to the overall economic growth.
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia.
Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards.
Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.
Aumet is a B2B healthcare platform that connects manufacturers, distributors, and pharmacies to streamline procurement and order management. It serves as a marketplace for suppliers to list products and connect with distributors and for distributors to search for new products and indicate their country interests, enabling market reach and verification of partners. The platform functions as a one-stop shop for pharmacy solutions, offering auto inventory management, real-time ERP integration, and multiple payment methods to support stock control and financial transactions. By facilitating the sharing of hospital inquiries, market news, and product information, Aumet helps healthcare buyers and suppliers collaborate more efficiently, expand product access, and improve operational workflows across sourcing, purchasing, and fulfillment.
NymCard Payment Services
Series A in 2021
NymCard is a payment processing platform founded in 2016, operating from Abu Dhabi, United Arab Emirates, with a focus on enhancing the digital payment landscape in Africa and the Middle East. The company specializes in providing an issuer processor solution that allows banks and financial institutions to offer innovative digital payment products, including plastic, virtual, and tokenized cards. NymCard's advanced infrastructure and user-friendly mobile wallet solutions facilitate quick account setup and immediate access to smart payment cards, promoting efficient and secure online transactions. By leveraging open APIs and mobile SDKs, NymCard aims to address the low penetration of payment cards in these regions, thereby driving greater participation in the digital economy.
Sarwa
Secondary Market in 2020
Sarwa Digital Wealth Limited is a privately owned investment advisory that simplifies the investment process through the use of advanced technology. The company has developed an automated investment management platform aimed at facilitating long-term financial growth for its clients. By integrating proven investment strategies with innovative technology, Sarwa reduces costs associated with investing while educating users on personal finance and investment principles. This approach allows customers to make diversified investments, ultimately enhancing their potential for better returns. Sarwa's commitment to making investing accessible and affordable positions it as a notable player in the financial advisory sector.
Capiter
Seed Round in 2020
Capiter is a B2B e-commerce marketplace based in Cairo, Egypt, that connects small businesses, vendors, wholesalers, and FMCGs on a single platform. Founded in 2019, the company streamlines the supply chain by allowing merchants to order products online and access on-demand credit facilities. Capiter facilitates immediate payment to suppliers for goods sold to buyers, thereby mitigating collection and credit risks. By leveraging advanced technology and machine learning, it enhances operational efficiency and data accuracy across the supply chain. This approach not only supports small businesses in increasing sales and expanding their customer base but also improves cash flow management.
Capiter
Pre Seed Round in 2020
Capiter is a B2B e-commerce marketplace based in Cairo, Egypt, that connects small businesses, vendors, wholesalers, and FMCGs on a single platform. Founded in 2019, the company streamlines the supply chain by allowing merchants to order products online and access on-demand credit facilities. Capiter facilitates immediate payment to suppliers for goods sold to buyers, thereby mitigating collection and credit risks. By leveraging advanced technology and machine learning, it enhances operational efficiency and data accuracy across the supply chain. This approach not only supports small businesses in increasing sales and expanding their customer base but also improves cash flow management.