# @bytecastdaily on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DcqpQIBoaLr
- **Gondola URL:** https://gondola.cc/posts/69882999-bytecastdaily-instagram
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- **Posted:** 2026-08-30T13:42:26.000+00:00
- **Account Owner:** Bytecast Daily (@bytecastdaily) — https://gondola.cc/bytecastdaily

## Caption

MENA’s top funded startups
Here is the breakdown of the highest funded startups in the MENA region announced between August 15 and August 30, 2026. Venture capital momentum across the Middle East and North Africa remains strong, driven by high-value late-stage extensions, pre-IPO investments, and rapid growth rounds across key technology verticals.
Leading the charge, Saudi Arabia’s fintech powerhouse Lama secured a massive $95M Series B round, reinforcing the Kingdom’s dominance in consumer digital banking and open finance. Right alongside, Brands for Less in the UAE captured $110M in growth capital, signaling sustained investor confidence in regional e-commerce infrastructure and modern retail logistics.
Key Highlights by Sector:
Fintech:
Lama (Saudi Arabia) – $95M (Series B)
Lean Technologies (Saudi Arabia) – $65M (Series A)
Postpay (UAE) – $52M (Growth round)
MNT Halan (Egypt) – $50M (Series C extension)
Qlub (UAE) – $38M (Series A)
Telda (Egypt) – $29M (Seed extension)
E-Commerce & Retail:
Brands for Less (UAE) – $110M (Growth investment)
E-Kart (UAE) – $75M (Pre-IPO)
Logistics & Transport:
Floward (UAE) – $48M (Growth round)
Jeebly (UAE) – $22M (Series A)
Healthtech:
Altibbi (Egypt) – $44M (Series C)
Okadoc (UAE) – $18M (Series B)
Energy & Climate:
Enerware (Saudi Arabia) – $35M (Series B)
Nomu (UAE) – $19M (Seed extension)
Services & Software:
Retailo (Pakistan) – $31M (Series A)
Ajar (Saudi Arabia) – $30M (Series B)
Cartlow (UAE) – $25M (Series B)
Seerbees (Egypt) – $22M (Series B)
Z yda (Kuwait) – $18M (Growth funding)
Capital concentration remains heavily focused on Saudi Arabia and the United Arab Emirates, with Egypt demonstrating strong resilience across healthtech, fintech, and enterprise software.
Data compiled from Wamda, MAGNiTT, Crunchbase, PitchBook, and industry announcements.

#MENA #Startups #VentureCapital #TechNews #Fintech

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## Tags

technews, startups, mena, venturecapital, fintech

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