Washington backs Zipline’s African expansion with $150 million

The U.S. backs Zipline’s African expansion with $150m in results-based funding to scale drone delivery across Rwanda, Kenya, Nigeria, and others.

Saudi-based Strataphy raises $6 million to scale  cooling systems for AI infrastructure

Strataphy has raised $6M to scale its subsurface cooling technology for AI and industrial infrastructure, led by Outliers VC. Read more

Djibouti secures $10 million facility from TLG, International Investment Bank to boost digital economy

Djibouti partners with TLG Capital and International Investment Bank to secure $10M private credit for expanding digital infrastructure.

Saudi startup Stream raises $4 million to fix payments for MENA businesses

Saudi fintech Stream has raised $4 million in seed funding to simplify how businesses across MENA bill and collect payments.

Velents.ai raises $1.5 million to launch the first Arabic-speaking AI employee

Velents.ai, an Egyptian–Saudi AI startup, raised $1.5M to launch Agent.sa, the first Arabic-speaking AI employee for Middle East enterprises.

Importa Holdings raises $15,000 to expand trade and financial access 

Importa Holdings raises $15,000 to grow ImportaPay and expand AI-powered trade and FinTech access for African importers and small businesses.

Spiro raises $100 million to power Africa’s electric mobility ambitions  

Spiro has raised $100 million just days after Lagos launched its $478 million Omi Eko electric ferry project.

Kuunda raises $7.5 million in pre-series A round to scale across Africa and MENA 

Kuunda raises $7.5M to expand its digital lending services across Africa and MENA, advancing financial inclusion.

Jahazii raises $400K to build Africa’s workforce operating system

Kenyan fintech startup Jahazii raises $400K to formalise Africa’s informal workforce through its Workforce Operating System

Rana Energy raises $3 million to power clean energy revolution 

Rana Energy has raised $3 million in pre-seed funding to expand its AI-driven Clean Energy-as-a-Service platform.

Egypt’s Tagaddod raises $26.3 million to turn waste into clean fuel

Egypt’s Tagaddod raises $26.3M Series A led by The Arab Energy Fund to expand its renewable feedstock operations across three continents.

Lisk launches $15M fund to back Web3 startups in Africa, Asia

Lisk has launched a $15M Web3 fund to back startups in Africa, Latin America, and Asia targeting fintech, payments, and inclusion.