INFOGRAPHIC: Startup Funding in Africa and the Middle East — Week 8, 2025
Here are the venture funding activities we tracked in the Middle East and African region this week – including Augury, The Box, Mansa, Blum, Qme, and Dabchy
It’s been yet another exciting week for startup funding in the Middle East and Africa, proving once again that the region is a growing force in innovation and investment. A look at the numbers and it is clear that startups in the Middle East have it big this week.
Leading the pack is Augury, an Israel and New York-based provider of industrial AI solutions for reliability and process optimization. The company raised $75 million in Series F funding at a $1 billion+ valuation from Lightrock, with participation from existing investors. The funds will support the introduction of Agentic-AI capabilities, enhancing Augury’s predictive maintenance and operational efficiency offerings.
Not far behind, UAE’s self-storage services provider, The Box, secured $12.5 million in debt financing from Shorooq to expand and develop new flagship storage facilities. This investment will help the company scale its operations and meet the increasing demand for flexible storage solutions.
Meanwhile, Mansa, a stablecoin liquidity provider, successfully closed a $10 million seed round, including $3 million in equity from Tether and additional debt financing. The funds will fuel its expansion into Latin America and Southeast Asia, further solidifying its role in the digital asset space.
What’s particularly noteworthy this week is the growing momentum in decentralized finance. Blum, a UAE-based decentralized trading platform, raised $5 million across pre-seed and seed rounds led by Gumi Cryptos Capital. The funding will be used to enhance its AI-powered Telegram trading platform, catering to the growing demand for automated crypto trading solutions.
In Egypt, Qme, a B2B SaaS startup, also made headlines with a $3 million seed round led by AHOY. The company aims to streamline digital business operations and optimize workflow management for enterprises, positioning itself as a key player in the region’s digital transformation.
Wrapping up this week's funding announcements, Tunisia’s Dabchy, an online fashion marketplace, secured an undisclosed pre-Series A round from Janngo Capital and angel investors. The investment will support Dabchy’s expansion across North Africa, reinforcing its presence in the region’s growing e-commerce sector.
This wave of funding underscores the strong investor interest in the Middle East and Africa. As capital continues to flow into the region, all eyes are on how these startups will scale, navigate regulatory landscapes, and compete in expanding markets in the coming months.
