Startups across Africa and the Middle East raised a combined amount of $93.6 million this week, based on disclosed funding rounds tracked by Techloy, with fintech pulling in the largest individual checks and AI companies from Israel adding significantly to the total. Saudi Arabia, the UAE, Israel, and Egypt all contributed deals across nine companies.

The Week's Largest Startup Funding Rounds

Here are the biggest disclosed startup funding rounds across Africa and the Middle East this week.

1. Arib, $23.5 million, Fintech, Saudi Arabia

Arib is a Riyadh startup that sits between borrowers and lenders, letting people shop for car loans, personal financing, real estate financing, and other products from several banks and lending companies without having to knock on each door themselves.

Omar Alhammad, Mohamed Dessouky, and Waleed Talat have been building it since 2018 and got the green light from regulators in 2023. Merak Capital led this round, which also included Sharia-compliant Murabaha financing facilities. The money goes toward adding more products and reaching more borrowers across Saudi Arabia.

2. Ocean, $20 million, Cybersecurity, Israel

Ocean came out of stealth this week with a platform that reads every incoming email in real time and investigates what it is actually trying to do, built specifically to catch AI-generated phishing attacks that most standard filters now miss. The company has already scanned over a billion emails and protects hundreds of thousands of employee mailboxes since launching quietly in 2024.

Shay Shwartz, a former Israeli defence researcher with work connected to the Iron Dome project, and Oran Moyal co-founded the Tel Aviv and New York company. Lightspeed Venture Partners led the $20 million Series A, with Picture Capital and Cerca Partners joining, and Wiz founder Assaf Rappaport and Armis co-founders Yevgeny Dibrov and Nadir Izrael backing as angels. The capital goes toward expanding the engineering team and growing into European markets.

3. RemotePass, $17.4 million, HR Tech, UAE

Kamal Reggad and Karim Nadi started RemotePass in the UAE in 2021 and it has quietly grown into a platform covering payroll, compliance, contracts, and expense cards for distributed teams across more than 150 countries. The company turned profitable in early 2025, has paid out over $800 million to workers globally, and counts Logitech, Tata Group, InDrive, and Careem among its customers.

EBRD Venture Capital led this Series B, with 500 Global and existing backers Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures all returning. The money goes toward growing commercial operations across Europe and the US and expanding its financial products for distributed teams.

4. NanoCo, $12 million, AI, Israel

Brothers Gavriel Cohen and Lazer Cohen launched an open-source AI agent called NanoClaw from a couch in early 2026, watched it hit nearly 29,000 GitHub stars and 250,000 downloads in weeks, turned down a roughly $20 million acquisition offer, and this week closed an oversubscribed $12 million seed round instead. The Tel Aviv company also launched its enterprise product this week, an AI assistant that plugs into a company's internal tools and works on employee data without anything leaving the company's own systems.

Valley Capital Partners led the round, with Docker, Vercel, Monday.com, Slow Ventures, Clutch Capital, Factorial Capital, and Hugging Face CEO Clem Delangue joining. The money goes toward the enterprise platform and building on the community behind NanoClaw.

5. Viewz, $7 million, Fintech, Israel

Viewz has been running quietly for about a year and has not lost a single paying customer since launching. The Israeli company, started by Moti Cohen, Omer Aviad, and Liran Kessel with over 50 years of combined experience across audit, CFO roles, and financial operations, replaces the mix of disconnected accounting tools, payroll software, and spreadsheets most finance teams still rely on with one system built on a native general ledger.

Ibex Investors and Flint Capital led the seed round as the company came out of stealth this week. The money goes toward expanding what the founders describe as a fully automated finance team built into the platform.

6. Arito AI, $6 million, AI Analytics, Israel

Tel Aviv-based Arito AI raised its first institutional round this week for a platform that monitors business data on its own and flags what matters in real time, built specifically for finance and revenue teams. Daniel Zahavi and Michael Estrin founded the company, which also built a permissions layer controlling who and what can access which data, down to individual cells in a spreadsheet.

Amplify Partners led the seed round, with two CFO angel investors also joining. The money goes toward engineering and getting the platform in front of more customers.

7. ARRW, $4 million, Mobility, Egypt

ARRW says it is Egypt's first and only licensed ride-hailing platform and currently serves over 200,000 users across the country. The company closed a $4 million investment from Tasheed Egypt this week as it moves to expand nationally.

The funding goes toward growing the driver network, improving the platform, and building out safety and trip management systems across Egyptian cities.

8. eVoost AI, $2.2 million, Proptech, UAE

Abu Dhabi-based eVoost AI uses data and predictive tools to help property developers understand buyer demand and set pricing before a project is finished, rather than after. Cristian Pastrana and Koh Onozawa started the company in 2024, and it says it manages over $3.5 billion in real estate assets across Europe, the UAE, and the United States.

First Drop VC led the round, with a Mubadala-backed vehicle linked to Hub71 also participating. The money goes toward product development, team growth, and expanding into Spain, Portugal, and new markets.

9. Peekabox, $1.5 million, Food Tech, UAE

Brothers Hasan and Omair Sarwar launched Peekabox in Dubai in 2025 and have already signed over 1,000 store locations across brands, including Carrefour, Costa Coffee, Tim Hortons, Dunkin, Krispy Kreme, Eataly, and Pret a Manger. The app lets those businesses sell unsold food at the end of each day at discounts of 50 to 70 percent, with customers reserving and collecting through the app.

The oversubscribed seed round was backed by regional investors and operators, with the board chaired by Dr. Sameer Al Ansari, former Chairman and CEO of Dubai International Capital. The money goes into a deeper UAE rollout and an expansion into Saudi Arabia.

Other funding announced this week includes EYST Technology, a Tunisian insurtech started in 2022 by Marwen Amamou that received a six-figure investment from 216 Capital at an undisclosed amount. The company builds a platform that lets insurers issue virtual payment cards to policyholders so claims get settled on the spot rather than through the usual wait for reimbursement. This is not included in the weekly total above.

Conclusion

With $93.6 million in disclosed funding this week, Israel contributed four deals, the UAE added three, and Saudi Arabia and Egypt each brought in one. Fintech took the two largest checks, and AI companies showed up throughout the rankings, from email security to enterprise analytics to open-source agent frameworks.