UAE: venture funds and startups
Geography hub · Middle East & Africa
◆ Funds tracked
12
◆ Combined AUM
$4.1B
◆ Startups tracked
15
◆ Raised between them
$84.2M
◆ Overview
Fusion42 tracks 12 venture funds in UAE with $4.1B in combined assets under management, and 15 startups that have raised $84.2M 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 UAE include RAED Ventures, Costanoa Ventures, Inovia Capital, Kindred Ventures and Soma Capital AI Fund V; startups in UAE include Swvl Holdings Corp, BOOKR Kids, Stellaria, XSquare and XSquare. 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 UAE, refreshed as new rounds and funds are announced.
◆ Funds in UAE (12 tracked)
| Fund | Type | HQ |
|---|---|---|
| RAED Ventures | vc | Saudi Arabia |
| Costanoa Ventures | vc | United States |
| Inovia Capital | vc | Canada |
| Kindred Ventures | vc | United States |
| Soma Capital AI Fund V | vc | United States |
| tali ventures | corporate vc | Saudi Arabia |
| du Ventures | corporate vc | UAE |
| GB Ventures | corporate vc | Egypt |
| Phoenix Venture Partners | vc | United States |
| Ventures III | vc | United States |
| Presight–Shorooq Fund I | vc | UAE |
| Audeo Ventures Fund II | vc | UAE |
◆ Startups in UAE (15 tracked)
| Startup | Stage | HQ | Raised |
|---|---|---|---|
| Swvl Holdings Corp | — | UAE | $14.5M |
| BOOKR Kids | series-a | Hungary | $6.7M |
| Stellaria | seed | UAE | $6.8M |
| XSquare | pre-seed | UAE | — |
| XSquare | pre-seed | UAE | — |
| Cobi | pre-seed | UAE | $1M |
| Bundle | pre-seed | UAE | $5.5M |
| Azraq | pre-seed | UAE | — |
| Keyper | series-a | UAE | $11M |
| Uvera | seed | Saudi Arabia | — |
| Epic Markets | pre-seed | United Kingdom | $10M |
| Stitch | series-a | Saudi Arabia | $25M |
| WildyNess | pre-seed | Tunisia | — |
| Yozo.ai | pre-seed | UAE | $1.7M |
| Buildroid | pre-seed | United States | $2M |
◆ Recent Wire analysis
- Robo.ai deepens UAE localisation as AI infrastructure moves closer to mission-critical deployment1 Sept 2026
- Theorem Launches Exchange Infrastructure Built for the Next Phase of Tokenized Asset Markets1 Sept 2026
- Middle East war a boon for UAE defence giant with global ambitions31 Aug 2026
- UAE says forces dealt with drone coming from Iran, condemns attack as dangerous escalation31 Aug 2026
- UAE intercepts drone after US and Iran exchange attacks31 Aug 2026
- UAE's renewable energy capacity grows more than 6,000% in 10 years31 Aug 2026
- UAE denies Al Minhad Air Base was targeted after Iran says it attacked base31 Aug 2026
- UAE renewable energy capacity grows more than 63-fold in 10 years: Al Olama31 Aug 2026
- Iran said it had struck U.S. bases in Jordan and the UAE in response to the U.S. attack31 Aug 2026
- UAE, Egyptian central banks say they are coordinating on Banque Misr after US Treasury notice30 Aug 2026