Startup Scene ME

Aumet, a Saudi-based healthcare supply chain and procurement platform operating across the Middle East, has raised $12 million in a Series A funding round to expand its AI-powered systems across GCC healthcare markets. thestartupscene.me/INVESTMENTS/He…

EdVentures, the EdTech-focused corporate venture capital arm of Nahdet Misr Group, has been named “Global Investor of the Year” at the Global Startup Awards 2026. The award was presented during the EU-Startups Summit held in Malta. thestartupscene.me/MenaEcosystems…

Ahmed Wasfie, Founder and CEO of AWstreams, a Cairo-based 360 marketing agency, challenges that assumption that the use of AI isn’t a removal of human input, but a redistribution of it.

Egypt-based retail investment platform Thndr has been ranked #1 on the Financial Times Africa’s Fastest-Growing Companies 2026, the first Egyptian company to lead the list in its five-year history. thestartupscene.me/MenaEcosystems…

Egypt-born digital investment platform Thndr is accelerating its regional expansion strategy as it moves into Gulf markets and pursues broader retail investor access across Arab exchanges. thestartupscene.me/MenaEcosystems…

Kudo Advisory, a Dubai-based consulting firm focused on artificial intelligence implementation, has launched in the UAE to help enterprises scale AI initiatives beyond pilot stages and into operational deployment. thestartupscene.me/MenaEcosystems…

Acting as a prelude to the 10th Narrative Summit this October, The Shift unites leaders, innovators and decision-makers to spotlight the opportunities and challenges of AI. thestartupscene.me/MenaEcosystems…

Acting as a prelude to the 10th Narrative Summit this October, The Shift unites leaders, innovators and decision-makers to spotlight the opportunities and challenges of AI. thestartupscene.me/MenaEcosystems…

The World Bank Group has approved a USD 1 billion development financing package for Egypt aimed at supporting private sector-led job creation, fiscal resilience, and the country’s transition toward a greener economy. thestartupscene.me/MenaEcosystems…

Solutions+, a Mubadala-owned business consultancy and digital solutions provider, has partnered with Inception, a G42 company focused on AI products and infrastructure, to accelerate enterprise AI adoption across the GCC. thestartupscene.me/MenaEcosystems…

Qatar Investment Authority, Qatar’s sovereign wealth fund, has committed $500 million to the global growth equity investment strategies of General Atlantic as part of an expanded partnership between the two organisations. thestartupscene.me/INVESTMENTS/QI…

Egypt-born proptech startup Byit has expanded into the UAE and launched a new suite of AI-powered real estate tools as part of plans to grow its regional presence across the Gulf. thestartupscene.me/MenaEcosystems…

Riyadh-born fintech Stream raised a $5.2 million seed extension led by BECO Capital, taking its seed total to $9.2 million less than six months after its initial close, with STV, Flourish Ventures, Arab Bank, Outliers and BYLD participating. thestartupscene.me/INVESTMENTS/St…

Averroes Ventures is preparing a $50 million fund focused on waste-to-value startups across the Middle East and North Africa, with a planned close in the third quarter of 2026, spanning recycling, industry, agriculture, and energy. thestartupscene.me/OPPORTUNITIES/…

The EGX approved the temporary listing of Egypt Education Platform on the Main Market with issued capital of LE 1,993,750,000 across 199,375,000 shares at LE 10 par value. An offering must be executed within six months with FRA procedures and approval. thestartupscene.me/INVESTMENTS/Eg…

Beltone Venture Capital and UAE-based Citadel International Holdings’ joint fund exited Egyptian logistics startup Bosta with a reported 75% IRR, marking Beltone VC’s fifth exit since its 2023 launch and the second via the joint fund. thestartupscene.me/INVESTMENTS/Be…

Saudi healthtech Hakeem Health has raised $1.65 million in a funding round led by Merak Capital, with participation from Sanabil 500, to scale its AI-powered clinical decision support platform. thestartupscene.me/INVESTMENTS/Ha…

The UAE has received its first shipment of advanced US AI chips, with more due in the coming months. At the SCSP AI+ Expo in Washington, Yousef Al Otaiba said a 5-gigawatt UAE-US AI campus is under construction. thestartupscene.me/OPPORTUNITIES/…

Saudi quick-delivery startup Ninja is preparing for the public markets, lining up Citigroup, Goldman Sachs, UBS Group AG, and Riyad Capital for a potential Riyadh IPO targeting around $1 billion. thestartupscene.me/INVESTMENTS/Ni…

The Software Engineering Competence Center of the Information Technology Industry Development Agency will host the fourth Software Testing Day on May 11th, 2026 at the Digital Egypt Innovation Hub in Giza. thestartupscene.me/OPPORTUNITIES/…