UAE: venture funds and startups
Geography hub · Middle East & Africa
◆ Funds tracked
13
◆ Combined AUM
$7.2B
◆ Startups tracked
24
◆ Raised between them
$165.2M
◆ Overview
Fusion42 tracks 13 venture funds in UAE with $7.2B in combined assets under management, and 24 startups that have raised $165.2M 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 Oraseya Capital, RAED Ventures, Costanoa Ventures, Inovia Capital and Kindred Ventures; startups in UAE include Parallel Loop, Unveilr AI, Aligator, Amaani and erad. 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 (13 tracked)
| Fund | Type | HQ |
|---|---|---|
| Oraseya Capital | vc | UAE |
| 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 (24 tracked)
| Startup | Stage | HQ | Raised |
|---|---|---|---|
| Parallel Loop | seed | Singapore | $6.6M |
| Unveilr AI | pre-seed | India | $1.7M |
| Aligator | seed | Qatar | $1.2M |
| Amaani | series-a | UAE | $5M |
| erad | series-a | Saudi Arabia | $22M |
| iPiD | series-a | Singapore | $16M |
| ARK Co., Ltd. | series-a | Japan | $8.5M |
| Synapse Analytics | series-a | UAE | $13M |
| Charikaty | pre-seed | Morocco | $3.5M |
| Sav | seed | UAE | $3.5M |
| Swvl Holdings Corp | — | UAE | $14.5M |
| Stellaria | seed | UAE | $6.8M |
| BOOKR Kids | series-a | Hungary | $6.7M |
| 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
- World Police Summit Dialogue addresses AI, illicit finance – UAE BARQ16 Oct 2026
- Ant International secures UAE payment and SVF licences16 Oct 2026
- Abu Dhabi launches TAMM Global to export AI-powered government services worldwide16 Oct 2026
- CSC and Etisalat launch Discovery Secure Platform to boost Cyber Threat Visibility16 Oct 2026
- UAE businesses weigh AI readiness amid economic and security pressures16 Oct 2026
- Microsoft, Core42 and Open Innovation AI advance MDASH cybersecurity rollout ...16 Oct 2026
- AI shopping: 75% of likely DSF shoppers plan to use it16 Oct 2026
- SEERS targets UAE national health screening program with AI arrhythmia test16 Oct 2026
- Hamdan bin Mohammed witnesses signing of MoU to launch the Global Innovation ...15 Oct 2026
- Inside SentX, the UAE AI start-up pursuing Superintelligence15 Oct 2026