Week 10’s Biggest Startup Funding Rounds in Africa & the Middle East, Led by Fig Security, as Cybersecurity Drew the Biggest Checks

Week 10’s Biggest Startup Funding Rounds in Africa & the Middle East, Led by Fig Security, as Cybersecurity Drew the Biggest Checks


Startups across Africa and the Middle East raised a combined $82.35 million this week, based on disclosed funding rounds tracked by Techloy, with investor capital flowing primarily into cybersecurity infrastructure and electric mobility networks. Two large Israeli cybersecurity deals accounted for most of the week’s funding activity.

The Week’s Largest Startup Funding Rounds

Here are the hugegest disclosed startup funding rounds across Africa and the Middle East this week.

/1. Fig Security, $30M, Cybersecurity, Israel 

Fig Security monitors whether enterprise security tools actually work. Ten Eleven Ventures led the Series A announced March 3. Team8, Doug Merritt (former Splunk CEO), Rene Bonvanie (former Palo Alto Networks CMO), and founders of Demisto and Siemplify joined. The funding will triple the team from 25 employees by year-finish, expand marketing across North America, and scale the platform that traces data flows from origin through pipelines and SIEM systems to alert security teams when infrastructure modifys threaten detection capabilities.

/2. Zeno, $25M, E-mobility, Kenya 

Zeno runs electric motorcycle networks across East Africa applying battery swapping, rapid charging, and home charging. Congruent Ventures led the Series A announced March 2. Active Impact and Lowercarbon came in as equity investors. Trifecta Capital and Camber Road provided debt. The capital expands charging infrastructure past 150 locations across four cities, scales manufacturing at the Nairobi facility that builds bikes, batteries, and swapping systems in-hoapply, and grows the fleet past 1,000 motorcycles generating 50% lower operating costs than gasoline bikes for commercial drivers.

/3. Reclaim, $20M, Cybersecurity, Israel 

Reclaim automates vulnerability repaires instead of just listing them. The Series A announced in early March scales the platform combining AI automation with business simulations to prioritize and implement security patches across organizations.

/4. Vento Games, $4M, Gaming, Turkey 

Vento Games builds family-frifinishly mobile puzzle games. Makers Fund and Arcadia Gaming Partners co-led the seed round announced March 3. The money accelerates production of brain-building puzzles including Blossom Word Search, now live on Google Play and App Store. The team previously worked on Words of Wonders and Okey Plus, games that reached hundreds of millions of players. Vento launched in June 2024 with former Peak Games, Fugo, and Zynga executives.

/5. Skipr, $2M, AI, Abu Dhabi

Skipr provides secure infrastructure for AI systems to communicate across organizations, clouds, and borders while governments and enterprises retain sovereign control over data. The seed round at a $10 million valuation came through Hub71’s ecosystem in Abu Dhabi, announced February 27. The capital scales sovereign AI infrastructure for national and enterprise deployments and expands partnerships with telecom operators, AI labs, cybersecurity firms, and data centers already deploying the platform.

/6.Weego, $1.1M, Mobility, Morocco 

Weego integrates bapplys, trams, taxis, and private transport into one interface for commuters and businesses. Azur Innovation Fund led the round announced March 3. The money expands operations past five Moroccan cities, grows the engineering team to improve data integration with public transit systems, accelerates corporate sales through WeegoLines employee transportation, and funds regional expansion into Africa, Europe, and the Middle East.

/7. Ledgers, $250K, AI, Dubai

Ledgers provides an AI operating system for founder-led startups that simulates business decisions including hiring, pricing, and cash burn before execution. Angel investors provided the funding announced in early March. The capital will complete the MVP, expand product and engineering teams, and onboard early applyrs across UAE and Gulf markets.

Other startups that announced funding this week include iQtech, a Qatar-based extfinished reality medical training platform; Rimal Semiconductors, a Saudi chip design company; and Rewa, a UAE startup, although exact amounts were not disclosed for any of the three deals.

Conclusion

With $82.35 million raised this week, cybersecurity infrastructure pulled $50 million across two Israeli startups while electric mobility networks in Kenya captured another $25 million. Fig Security and Reclaim toreceiveher accounted for 61% of total capital deployed as investors bet on automated security tools that repair vulnerabilities instead of just flagging them.

Week 9’s Biggest Startup Funding Rounds in Africa & the Middle East, Led by Spiro, as E-mobility and Fintech Drew the Biggest Checks

One Dubai-based electric mobility company grabbed half the week’s funding. Healthcare payments and AI platforms split most of the rest.



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