Funding Trends in Startups Across Africa and the Middle East - Week 35, 2025 (Infographic)
Headline: Middle East and Africa's Startup Scene Thrives Amidst Fluctuating Funding
In a week that may show a dip in total funding, the resilience of the Middle East and Africa's startup scene continues to shine. Poa Internet, a Kenyan ISP, secured $4 million in debt funding from Finland's Finndfund, aiming to expand broadband capacity for underserved communities.
Meanwhile, Maalexi, a next-generation B2B food and agri platform based in the UAE, secured a shariah-compliant credit facility worth up to $20 million from Amwal Capital Partners. This funding will bolster Maalexi's efforts to strengthen smallholder farming.
The UAE-based proptech company Holo closed a $22 million Series A round, with the funding led by Saudi Arabia's Impact46. The funds will be used to expand Holo's digital mortgage solutions across the Gulf Cooperation Council (GCC). Mubadala, Rua Growth Fund, anb seed, MoreThan Capital, Salica Oryx Fund, and Dubai Future District Fund also participated in the funding for Holo.
Zetta Technologies, based in Riyadh, secured a $12 million Series A round. The financing was led by Bold Capital Partners, with Core Vision Investment and National Dimensions Investment backing the round. The funds will support Zetta Technologies' strategic expansion in Saudi Arabia.
Elsewhere on the continent, Ghana's Complete Farmer secured a $5 million debt facility from Symbiotics to further support smallholder farming.
The gaming industry in Saudi Arabia is also seeing growth, with Sheba Joy, a Saudi-based gaming studio, closing a $293,000 pre-seed round led by Merak Capital.
In the realm of fintech, Blomal Capital, a Saudi fintech, attracted a pre-seed investment, and StraTech, a South African fintech startup, secured funding to drive expansion and strengthen its product capabilities, though the exact amount remains undisclosed.
Lastly, Hypeo AI, a Moroccan startup, landed backing from Renew Capital to grow its AI-powered influencer marketing platform.
These deals highlight the depth and drive of the Middle East and Africa's startup ecosystem, continuing to push forward despite fluctuating funding numbers.
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