MENA Startups Raise $29M+ as Regional Funding Momentum Builds
Startups across the Middle East and North Africa secured over $29 million in funding over the past week, with deals spanning AI, fintech, gaming, and digital infrastructure. Saudi Arabia's Signit raised $15M series A, Oman's Fascano closed $10M, Egypt's Sinai.ai got $1.45M pre-seed, and UAE's Ray raised $1.2M seed. Austria's Speedinvest launched a MEA-focused fund backed by Mubadala and Qatar Investment Authority, while VAST Data raised $1B at a $30B valuation.