UAE Startup Funding Rounds & Investment News

Ruya Partners Limited has provided a $15 million private credit investment to Whiteshield Group, an AI-native policy intelligence company with operations in the UAE and KSA. The funding will support Whiteshield's technology expansion.

UAE-based fintech Sovra has raised over $2 million in pre-seed funding to develop a self-custodial global dollar account platform using stablecoin infrastructure.

UAE-based desert greening scale-up HyveGeo won Dubai Holding's Innovate For Tomorrow Impact Accelerator, receiving a AED 500,000 cash prize and a fully funded pilot within Dubai Holding's ecosystem. This funding highlights investment in sustainable, circular economy solutions in the region.

Kitopi, the UAE-born cloud-kitchen operator, has raised $50 million in growth capital led by EvolutionX to scale its homegrown food brands across the GCC and accelerate international franchising.

Omnispay, a UAE-based fintech, has raised $2 million in a pre-Series A round led by Infinity Value Capital Group to expand from rapid-settlement payments into a broader AI-native finance platform for SMEs.

RemotePass, a UAE-founded global employment and payroll platform, has raised $17.4 million in a Series B round led by EBRD Venture Capital, with 500 Global participating, to expand across Europe and the United States.

Dubai-based Lyrie.ai has emerged from stealth with $2 million in pre-seed funding to build autonomous cybersecurity for AI agents, launching an open 'Agent Trust Protocol' for verifying and authorizing them.

Abu Dhabi proptech eVoost AI has raised $2.2 million (€2 million) in a Series A led by First Drop VC, with Hub71's Qora71 participating, to expand its AI platform for optimizing residential property sales.

Comfi, a UAE-based B2B embedded-finance platform, has raised $65 million in a pre-Series A round led by Iliad Partners to expand buy-now-pay-later financing for SMEs across the Middle East and North Africa.

Anara Impact Capital announced the first close of its new MENA-focused fund at $48 million, providing fresh capital for high-growth startups across the region. This fund will support entrepreneurial development and innovation, including within the UAE.

UAE-based startups CargoX and SPARQ raised a combined $258.5 million in the first week of June 2026, with CargoX securing $250 million and SPARQ $8.5 million. These investments signify continued strong investor confidence in the MENA startup ecosystem.

Anara Impact Capital announced the first close of its MENA-focused fund at $48 million, positioning it to invest in high-growth startups across the region. This capital infusion provides new funding opportunities for regional entrepreneurs.

UAE-based cross-border gifting platform Zuvees secured $1.6 million (INR 15 crore) in Series A funding from IvyCap Ventures. The capital will fuel expansion and enhance its AI-driven personalization features.

UAE telecom du launched 'du Ventures', a $50 million corporate venture fund in partnership with Shorooq to invest in regional startups focused on emerging technologies. This fund will provide crucial capital for tech innovation across the UAE.

Uber has acquired an additional 12.5% stake in UAE super app Careem Technologies from e& for $100 million. This transaction reinforces Uber's position in Careem's non-ride-hailing businesses.

UAE-based digital embedded finance platform CredibleX has secured $15 million in a Series A funding round. The investment, led by Mubadala Investment Company, will boost its lending and technology capabilities for SMEs.

UAE autonomous logistics startup CargoX raised $250 million in funding led by BlueFive Capital. This investment will fuel the expansion of its driverless delivery network across the UAE and globally.

Logistics technology firm TruKKer has obtained a $300 million securitization facility from Abu Dhabi Commercial Bank (ADCB). This makes it one of the largest such facilities for a startup in the region.

Real estate platform Property Finder has completed a $525 million financing round. This significant capital raise reflects robust investor interest in the proptech sector.

Islamic fintech platform Mal has raised an AED 845 million (approximately $230 million USD) financing round led by BlueFive Capital. This represents one of the largest early-stage funding rounds in the region's fintech sector.

Core42, an Abu Dhabi-based AI infrastructure operator, secured $550 million in structured trade finance from HSBC to accelerate its global AI cloud and compute deployments. This significant funding highlights the growing investment in regional AI infrastructure.

Several MENA startups, including UAE-based RemotePass, eVoost AI, and Peekabox, have successfully closed funding rounds. This highlights continued investor confidence in the region's digital economy.

Core42, an Abu Dhabi-headquartered AI infrastructure operator and part of G42, secured $550 million in structured trade finance from HSBC. This funding will support its global expansion of AI cloud infrastructure, strengthening the broader AI ecosystem.

Dubai and UAE fintech startups have collectively secured $319.5 million across five disclosed funding rounds in 2026 as of May 22. CredibleX notably raised a $15 million Series A round in May, contributing to the sector's robust funding.

UAE startups Peekabox (Food Tech) raised $1.5 million, RemotePass (HR Tech) secured $17.4 million, and eVoost AI (Proptech) received $2.2 million in recent funding rounds. These investments highlight strong investor confidence in key UAE tech sectors.

UAE startups have collectively raised $595 million across 36 equity funding rounds in 2026 to date, according to a recent Tracxn report. The report also noted 15 acquisitions, highlighting active investment and M&A activity within the ecosystem.

Stitch, an operating system for financial institutions, secured $25 million in Series A funding led by Andreessen Horowitz. This investment marks a16z's first venture into the GCC region.

UAE startup Peekabox raised $1.5 million in seed funding to expand its app, which sells discounted surplus food from over 1,000 outlets. This initiative helps cut food waste and offers consumers more affordable options.

The UAE's AI sector is experiencing rapid growth, fueled by rumored sovereign AI funds and increased cross-Gulf collaboration. These developments are poised to provide significant opportunities for AI startups.

The UAE attracted $78 million in startup funding across eight deals in April 2026, leading the MENA region as total funding recovered to $150 million. This highlights the UAE's continued dominance in regional startup investment.