INFOGRAPHIC: Startup Funding in Africa and the Middle East — Week 9, 2025
Here are the venture funding activities we tracked in the Middle East and African region this week – including Quantum Machines, Flow48, CQR, Gozem, Vayu, SunCulture, Journify, CQR, Omnispay, Lola, Oze, and Wami Agro.
It’s been a massive week for startup funding across the Middle East and Africa, with major rounds in quantum computing, fintech, cybersecurity, and agritech.
First, let's talk about Israel-based Quantum Machines, which secured an impressive $170 million in an oversubscribed Series C round. This significant investment, led by PSG Equity, underscores the growing confidence in quantum computing’s future. With this funding, Quantum Machines is set to accelerate its technology and strengthen its position in the quantum race.
Then, Flow48, a company specializing in embedded finance and SME lending, raised $69 million in a Series A round backed by Breega and other investors. This funding will drive its expansion into key markets and onboard more businesses into the digital financing ecosystem.
West Africa also made headlines, with Gozem, a super app that began as a taxi service in Togo, securing a $30 million Series B round—a mix of equity and debt—from Sàrl and Al Mada Ventures. This funding will help scale its digital services across Francophone Africa. Meanwhile, Israel’s fintech sector saw action, with B2B billing and revenue management startup Vayu landing $7 million in seed funding from Flint Capital and The Garage to expand its operations.
The push for sustainable agriculture remains strong, with Kenya-based SunCulture receiving $4 million from British International Investment to expand its solar-powered irrigation solutions. Over in the UAE, SaaS provider Journify raised $4 million from Silicon Badia and other investors to drive customer acquisition.
Cybersecurity is also attracting strong investor interest with Saudi-based CQR securing $3 million from Shorooq Partners to advance its AI-driven security solutions. UAE-based Omnispay also made a notable headline raising $1.5 million in seed funding from Mercatus Capital to streamline SME payments.
Interestingly, Bahrain made it to the funding spotlight, with cake-ordering startup Lola securing $1.3 million in pre-seed funding to scale across the Gulf. Meanwhile, Ghanaian fintech startup Oze, backed by Visa and DEG, raised an undisclosed round to expand its lending solutions for small businesses. Likewise, agritech firm Wami Agro attracted fresh investment from Acumen to support smallholder farmers, signaling strong investor confidence in Africa’s agricultural sector.
With funding pouring in across the Middle East and Africa, the stage is set for a massive wave of innovation and expansion. The real question now is: Which of these startups will emerge as dominant players in their markets?
