Thoughts & Updates
Monthly Reports
MENA Startup Ecosystem News - October 2024
Startup Ecosystem - 21 November 2024
MENA Startup Ecosystem News - October 2024
MENA startups funding showed 51% MoM decline with $134 million in October 2024. Proptech sector attracts most funding.
MENA Startup Ecosystem News - July 2024
Startup Ecosystem - 14 August 2024
MENA Startup Ecosystem News - July 2024
MENA startups rebounded in July with total of $355 million raised, showing 206% MoM growth
MENA Startup Ecosystem News - June 2024
Startup Ecosystem - 15 July 2024
MENA Startup Ecosystem News - June 2024
MENA startups raise $116 million in June 2024, bringing H1 total to $882 million
MENA Startup Ecosystem News - May 2024
Startup Ecosystem - 04 June 2024
MENA Startup Ecosystem News - May 2024
MENA Startup fundraising show 413% surge from April with $282M raised in May
MENA Startup Ecosystem News - April 2024
Startup Ecosystem - 07 May 2024
MENA Startup Ecosystem News - April 2024
MENA startups raised $55M in April, a 78% decrease from March 2024
MENA Startup Ecosystem News - March 2024
Startup Ecosystem - 31 March 2024
MENA Startup Ecosystem News - March 2024
MENA startups raised $254M in March, up 186% MoM, and breaking the trend in the first two months of Q1
MENA Startup Ecosystem News - February 2024
Startup Ecosystem - 08 March 2024
MENA Startup Ecosystem News - February 2024
MENA startups raised $88.7M in funding in February 2024 – a modest growth of 2% MoM in deal value
MENA Startup Ecosystem News - January 2024
Startup Ecosystem - 29 February 2024
MENA Startup Ecosystem News - January 2024
MENA startups raised $86.5M in funding in January 2024 –a 34% decrease year-on-year
MENA Startup Ecosystem News - December 2023
Startup Ecosystem - 15 January 2024
MENA Startup Ecosystem News - December 2023
MENA startups raised $4B in 2023 across 583 deals, a modest growth of 1.7% YoY
MENA Startup Ecosystem News - November 2023
Startup Ecosystem - 6 December 2023
MENA Startup Ecosystem News - November 2023
Dubai Integrated Economic Zones Authority launches Oraseya Capital, a AED500 Million Venture Capital Fund Targeting Tech Startups.
MENA Startup Ecosystem News - October 2023
Startup Ecosystem - 15 November 2023
MENA Startup Ecosystem News - October 2023
Growth stage funding in the MENA region faces ~$20Bn gap in the next 5 years, with only $4.2Bn VC dry powder available.
MENA Startup Ecosystem News - September 2023
Startup Ecosystem - 10 October 2023
MENA Startup Ecosystem News - September 2023
MENA startups raised $36M in September 2023, a 64% drop from previous month. Total amount of funding raised so far for the year is at $1.8B.
MENA Startup Ecosystem News - August 2023
Startup Ecosystem - 12 September 2023
MENA Startup Ecosystem News - August 2023
MENA startups raised $101M in August, showing a decline of 73% year-on-year in deal value. Despite the decline, KSA leads the pack with 53.4% of deal value raised.
MENA Startup Ecosystem News - July 2023
Startup Ecosystem - 5 August 2023
MENA Startup Ecosystem News - July 2023
H1 2023 funding results are in and echoes what is seen as a global trend in terms of funding decline.
MENA Startup Ecosystem News - June 2023
Startup Ecosystem - 5 July 2023
MENA Startup Ecosystem News - June 2023
MENA startups raised $35.6M in June 2023, pushing half year funding to $1.6B, with KSA achieving highest funding value. More on this month’s news recap.
MENA Startup Ecosystem News - May 2023
Startup Ecosystem - 5 June 2023
MENA Startup Ecosystem News - May 2023
Despite mixed economic outlook, MENAP fintech sector is well positioned to keep its momentum with revenues estimated to reach $4.5B in 2025
MENA Startup Ecosystem News - April 2023
Startup Ecosystem - 10 May 2023
MENA Startup Ecosystem News - April 2023
Funding raised by MENA startups experience a dramatic 97% drop from March with a total of $7M raise.
MENA Startup Ecosystem News - March 2023
Startup Ecosystem - 13 April 2023
MENA Startup Ecosystem News - March 2023
4th consecutive month of decline seen in VC funding with KSA taking top spot in funding amount.
MENA Startup Ecosystem News - February 2023
Startup Ecosystem - 3 March 2023
MENA Startup Ecosystem News - February 2023
3 Mega rounds announced, a lineup of acquisition news and two new VC funds raised — in February’s MENA Ecosystem News.
MENA Startup Ecosystem News - January 2023
Startup Ecosystem - 2 February 2023
MENA Startup Ecosystem News - January 2023
Evolution of Venture Debt in the region and top 3 industries for venture debt funding in our first MENA startup ecosystem report for 2023.
Fund Updates
Oraseya Capital Invests in Seven Technology Startups through SANDBOX
The seven startups form part of Sandbox's fourth cohort
Oraseya Capital Invests in Seven Technology Startups through SANDBOX
Each startup receives AED 570,000 following their success in the programme, which attracted over 1,500 applications.
Revamped SANDBOX Welcomes Applications For Its Fourth Cohort
Sandbox is backed by Oraseya Capital
Revamped SANDBOX Welcomes Applications For Its Fourth Cohort
With SANDBOX now being a part of Oraseya Capital, the program is more investment-focused while remaining founder-centric
iSchool raises $4.5 million to accelerate global expansion
iSchool is an alumni of startup programs Sandbox
iSchool raises $4.5 million to accelerate global expansion
The round is led by VentureWave Capital, with participation from OneStop Capital UK, Webit Investment Network, and Oraseya Capital
DIEZ Launches AED500 Million VC Fund Targeting Tech Startups
The new fund is launched under Oraseya Capital
DIEZ Launches AED500 Million VC Fund Targeting Tech Startups
The VC fund will support tech startups ranging from the pre-seed investment stage to the Series B phase
Portfolio News
4 things May Habib has learned as a founder, raising $100M, and building a board
Portfolio News - 28 May 2024
4 things May Habib has learned as a founder, raising $100M, and building a board
May discusses the opportunities generative AI poses for founders, narrowing the right use cases for your company, and lessons learned since founding Writer in 2020.
Growdash closes Seed round at $1.8 million
Portfolio News - 01 June 2024
Growdash closes Seed round at $1.8 million
Growdash enables restaurant marketing and operational teams to build, execute and manage profitable growth strategies across digital sales channels.
Cybersecurity in the era of remote work
Portfolio News - 16 May 2024
Cybersecurity in the era of remote work
The ongoing shift to remote work necessitates organisations to rethink their approach to data security, where digital awareness and resilience are at the forefront.
ZIWO raises funds, unveils AI innovations for Middle East
Portfolio News - 15 May 2024
ZIWO raises funds, unveils AI innovations for Middle East
By seamlessly integrating connectors and automations, ZIWO Workflows streamlines the end-to-end customer experience journey, empowering businesses to enhance productivity and drive sales like never before
Lawhive raises $12M to expand its legal tech AI platform for small firms
Portfolio News - 15 April 2024
Lawhive raises $12M to expand its legal tech AI platform for small firms
The seed round was led by GV, the venture capital investment arm of U.S.-based Alphabet
RemotePass, which helps companies onboard, manage, pay and retain remote workers, raises $5.5M
Portfolio News - 05 March 2024
RemotePass, which helps companies onboard, manage, pay and retain remote workers, raises $5.5M
Funds will be used to intensify its product’s enterprise readiness and onboard more businesses in Saudi Arabia
Egypt’s iSchool $4.5 million to accelerate global expansion
Portfolio News - 20 December 2023
Egypt’s iSchool $4.5 million to accelerate global expansion
The funding round led by VentureWave Capital, OneStop Capital UK, Webit Investment Network, and Oraseya Capital
360VUZ and LALIGA sign a 3-year exclusive partnership
Portfolio News - 17 December 2023
360VUZ and LALIGA sign a 3-year exclusive partnership
The partnership is set to engage football fans with an endless immersive content on VUZ platform to experience LALIGA in an entirely new dimension.
Writer Announces $100 Million Series B
Portfolio News - 18 September 2023
Writer Announces $100 Million Series B
Writer, the leading Full-Stack Generative AI Platform for enterprises, announced its Series B funding round of $100 million today.
Oraseya Team
Dummy Oraseya Team News
Dummy Oraseya Team News- 11 October 2023
Dummy Oraseya Team News
This is dummy Oraseya Team New