Middle East: venture funds and startups in Middle East
Fusion42 tracks 4 venture funds in Middle East with $300M in combined assets under management, and 11 startups that have raised $86M 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, Fusion42's AI co-founder, reasons over.
active funds in Middle East include Nitro, Khwarizmi Venture Capital Fund 2, JITO Incubation and Innovation Foundation and Speedinvest Africa Fund; startups in Middle East include Greenjets, Think, Azraq, AVELIN AI and Polysense. 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 (4 tracked)
| Fund | Type | HQ |
|---|---|---|
| Nitro | accelerator | USA |
| Khwarizmi Venture Capital Fund 2 | vc | Saudi Arabia |
| JITO Incubation and Innovation Foundation | vc | India |
| Speedinvest Africa Fund | vc | Austria |
Startups in Middle East (11 tracked)
| Startup | Stage | HQ | Raised |
|---|---|---|---|
| Greenjets | series-a | United Kingdom | $40M |
| Think | pre-seed | Saudi Arabia | $8M |
| Azraq | pre-seed | United Arab Emirates | — |
| AVELIN AI | pre-seed | United Arab Emirates | $4M |
| Polysense | seed | Belgium | $11M |
| Akro | pre-seed | Singapore | $1M |
| MyKare.ai | series-a | India | $3M |
| Revora | seed | Bangladesh | $2M |
| Skyfora | seed | Finland | $7M |
| Shifters | seed | United States | $10M |
| Nardo | pre-seed | Australia | $1M |