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Middle East: venture funds and startups

Geography hub · Middle East & Africa

6 funds18 startups$574.1M AUM

◆ Funds tracked

6

◆ Combined AUM

$574.1M

◆ Startups tracked

18

◆ Raised between them

$117.6M

◆ Overview

Fusion42 tracks 6 venture funds in Middle East with $574.1M in combined assets under management, and 18 startups that have raised $117.6M between them. The data below is live from the same database that powers Raise and Scout, and is continuously enriched as new rounds and funds are announced.

Part of the Raise fund database and the Scout startup database by Fusion42 — the same live data Arthur reasons over.

◆ Highlights

Active funds in Middle East include Innovative Startups and SMEs Fund, Arāya Global Fund I, RAED Ventures, Khwarizmi Venture Capital Fund 2 and JITO Incubation and Innovation Foundation; startups in Middle East include Rime, BOOKR, Raff, BOOKR Kids and Cobi. Each name links through to a full machine-readable profile — its backers, rounds and related Wire analysis — and the tables below list every entity Fusion42 tracks in Middle East, refreshed as new rounds and funds are announced.

◆ Funds in Middle East (6 tracked)

FundTypeHQ
Innovative Startups and SMEs FundvcJordan
Arāya Global Fund IvcUnited Kingdom
RAED VenturesvcSaudi Arabia
Khwarizmi Venture Capital Fund 2vcSaudi Arabia
JITO Incubation and Innovation FoundationvcIndia
Speedinvest Africa FundvcAustria

◆ Startups in Middle East (18 tracked)

StartupStageHQRaised
RimeseedSaudi Arabia$2M
BOOKRseries-aHungary$6.7M
Raffpre-seedSaudi Arabia$1.7M
BOOKR Kidsseries-aHungary$6.7M
Cobipre-seedUAE$1M
Arab TherapyseedGermany$2M
FincartseedEgypt$2.8M
Tiger Technologyseries-aBulgaria$10M
FincartseedEgypt$2.8M
Greenjetsseries-aUnited Kingdom$40M
Thinkpre-seedSaudi Arabia$8M
Azraqpre-seedUAE—
PolysenseseedBelgium$10.7M
MyKare.aiseries-aIndia$3.2M
RevoraseedBangladesh$2M
SkyforaseedFinland$7.2M
ShiftersseedUnited States$10.2M
Nardopre-seedAustralia$0.6M

◆ Recent Wire analysis