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Growth Avenue Company acquires 20% stake in SororApp

Growth Avenue Company acquired a 20% stake in SororApp that announced the closure of its investment round. The Growth Avenue Company is Maharah Human Resource Company’s wholly-owned subsidiary. “The on-demand home services industry is a...

by WAYA Staff - Jan 3, 2023

Startups

UAE’s Khosouf Studio Raises USD 600K from Merak Capital’s Gaming Fund

Khosouf Studio UAE-based independent game developer Khosouf Studio raised USD 600 thousand (SAR 2.2M) in a seed funding round. The...

by WAYA Staff - Jan 15, 2026

Startups

UAE’s Mal Raises USD 230M to Build AI-Native Islamic Digital Bank

Mal UAE-based Mal, an AI native Islamic digital bank, raised USD 230 million in a seed funding round. The round...

by WAYA Staff - Jan 14, 2026

Startups

Saudi’s Governata Raises USD 4M to Expand Enterprise Data Governance

Governata Saudi-based Governata raised USD 4 million in seed funding. The round saw participation from Joa Capital, abtal.vc, Sanabil Accelerator...

by WAYA Staff - Jan 14, 2026

Startups

Saudi’s Madeed Raises USD 400K to Scale Preventive Health Platform

Madeed Saudi-based Madeed raised USD 400 thousand in a pre-seed round. The round was led by Vision Ventures (VV), with...

by WAYA Staff - Jan 13, 2026

Startups

Egyptian-Founded Oasys Raises USD 4.6M to Scale AI Mental Health Platform

Oasys New York-based Egyptian-founded Oasys Health raised USD 4.6 million in funding. This includes a USD 4 million seed round...

by WAYA Staff - Jan 13, 2026

Startups

Bahrain’s Flooss Secures USD 22M Credit Facility to Scale Consumer Finance

Flooss Bahrain’s Flooss, a Sharia-compliant digital consumer financing platform, secured a USD 22 million credit facility. The credit facility was...

by WAYA Staff - Jan 13, 2026

Startups

UAE’s MilkStraw Raises USD 2M to Scale AI-Powered Cloud Optimization

MilkStraw UAE-headquartered MilkStraw AI raised USD 2 million in a seed funding round. The round was led by VentureSouq, with...

by WAYA Staff - Jan 11, 2026

Startups

Oman’s eMushrif Raises USD 7.5M to Expand Smart School Transportation

eMushrif Oman’s eMushrif raised USD 7.5 million in a funding round. The round was led by Jasoor Ventures, with participation...

by WAYA Staff - Jan 11, 2026

Startups

Saudi’s Rewaa Raises USD 45M to Develop AI-Driven Automation for SMEs

Rewaa Saudi-based Rewaa secured USD 45 million in a Series B investment round. The round was co-led by Wa’ed Ventures,...

by WAYA Staff - Dec 31, 2025

Startups

Saudi’s DSShield Raises USD 54M to Build a National Cybersecurity Platform

DSShield Saudi-based cybersecurity company, DSShield, raised USD 54 million (SAR 203M) from a Saudi investment firm, Merak Capital. “This partnership...

by WAYA Staff - Dec 31, 2025

STARTUPS

Growth Avenue Company acquires 20% stake in SororApp

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