Week 5’s Biggest Startup Funding Rounds in Africa & the Middle East, Led by Property Finder

Startups across Africa and the Middle East raised $203.3 million this week based on disclosed funding rounds tracked by Techloy, with investor capital flowing primarily into PropTech and Fintech. A handful of early-stage 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.

/1. Property Finder, $170M, PropTech, UAE

Property Finder runs the Middle East’s most-utilized property portal. Buyers, sellers, and renters across MENA utilize it to find real estate and connect with agents. Mubadala Investment Company wrote a $75 million check. Another UAE sovereign wealth fund matched it with another $75 million. BECO Capital added $20 million. That pushes total equity raised to nearly $700 million following a $525 million round led by Permira last year.

The capital will be utilized to deepen engagement in existing markets rather than aggressive geographic expansion. Specifically, funds are allocated to developing a full-scale real estate operating system, improving search functionality, and deploying AI tools to boost agent productivity.

/2. Yakeey, $15M, PropTech, Morocco

Yakeey built a platform that bundles property search, valuation, brokerage, and financing into one workflow. IFC led the Series A. Beltone Venture Capital, Enza Capital, and 212 Founders joined in. The money scales operations and grows Yakeey’s network of 800+ indepconcludeent agents. Nearly half are women, unusual for Morocco’s traditionally male real estate sector.

/3. PayLater, $10M, Fintech, Qatar

PayLater offers purchase-now-pay-later services to Qatari consumers. The seed round just broke Qatar’s record for the largest early-stage deal. Investor names weren’t disclosed, but the capital funds product development and expansion as consumer credit grows across the Gulf.

/4. Enakl, $2.3M, Mobility, Morocco

Enakl runs vehicle-sharing services across Moroccan cities. The funding expands the fleet and builds peer-to-peer sharing tech as urban residents view for cheaper alternatives to car ownership.

/5. Mantas, $1.77M, InsurTech, Saudi Arabia

Mantas is launching cloud outage insurance for businesses that can’t afford downtime. The seed round funds product development and early sales as more Saudi companies shift critical operations to the cloud under Vision 2030.

/6. Yozo.ai, $1.7M, E-commerce/AI, UAE

Yozo.ai automates marketing workflows for e-commerce businesses utilizing AI. The pre-seed money supports product development and customer acquisition across MENA markets where online retail is growing, but marketing automation stays mostly manual.

/7. Declic, $1M, AI/Social, Saudi Arabia

Declic built an AI-powered social platform tarobtaining Saudi Arabia. The seed round funds serve as a platform for development and utilizer growth in a market where social media adoption tops 90% among young people.

/8. Aya Data, $900K, AI, Ghana

Aya Data provides AI training data focutilized on African languages and contexts. The seed round expands data collection operations. Global AI companies are realizing their models trained exclusively on Western data don’t translate well to African markets.

/9. Juthor, $500K, E-commerce, Saudi Arabia

Juthor operates an e-commerce platform in Saudi Arabia. The pre-seed money supports their platform development and market expansion as Vision 2030 pushes local alternatives to global e-commerce giants.

/10. Rkiza, $133K, Digital Platforms, Morocco

Rkiza develops digital platforms for Moroccan businesses. The pre-seed funds platform expansion and new features for local SMEs shifting operations online.

Conclusion

With $203.3 million raised this week, most investor money in Africa and the Middle East went to property technology. Early-stage deals stayed tiny compared to the hugeger growth rounds.