Participated · Seed · May 2026

Founded in 2024 by Ibrahim Aldlaigan, Stream offers billing and payments infrastructure for businesses across the MENA region. The company has raised a total of $9.2 million in seed funding following a $5.2 million seed extension led by BECO Capital. Investors in the extension include STV, Flourish Ventures, Arab Bank, and existing backers Outliers Venture Capital and BYLD. The financing position reflects early-stage support for Stream's platform-focused operations. The articles do not report revenue, user counts, or specific product roadmap milestones.

Participated · Seed · May 2026

Global Settlement Network is developing next-generation cross-border settlement rails and institutional infrastructure to enable regulated digital currency issuance, tokenized assets, and sovereign-grade settlement systems. The company operates a subsidiary, Global Settlement Markets, that sources liquidity and market-making capacity for cross-border corridors, and has secured over $125 million in liquidity commitments including a $100 million gold-backed stablecoin allocation. GSN announced an $11 million pre-seed equity round at a valuation exceeding $100 million to fund continued product development and transition into live settlement operations. Its strategy emphasizes institutional partnerships with banks, governments, stablecoin issuers, and liquidity providers to deploy corridor liquidity and support tokenized asset settlement at scale. The financing and liquidity commitments together aim to provide the capital depth required for institutional-scale cross-border activity.

Led · Seed · Jan 2026

Grove, founded in 2024 by Mohammed bin Ghanam and Ayman AlFifi, specializes in producing and marketing fresh agricultural products directly to consumers in Saudi Arabia. The company operates an integrated, technology-enabled supply chain that connects production, demand-driven harvesting, distribution, and last-mile delivery. This model gives farmers clearer planning visibility, reduces food waste, and offers consumers higher-quality produce with greater variety. Transparency across the chain is a core feature, ensuring quality from farm to table. Grove plans to use its new capital infusion to scale operations and accelerate product development efforts. Although the company has not disclosed revenue or user numbers, it positions itself as a regional leader in efficient, technology-driven fresh-produce distribution.

Led · Seed · Nov 2025

Strataphy develops PrimeLoop, a proprietary subsurface geothermal platform that taps deep, stable thermal energy to cool AI, data-center and industrial infrastructure with dramatically lower power requirements. The technology aims to help customers cut energy intensity, slash operating costs and meet rapidly growing cooling demand. Current clients and partners include regional heavyweights such as NEOM, King Abdullah Economic City, Saudi Tabreed, Enersol, ADNOC Drilling and Alpha Dhabi Holdings. With the new capital, the company plans to advance its technology stack, broaden its full-service offering and scale engineering and operations teams for new deployments across hyperscale data centers, industrial facilities and large-scale developments ("giga-projects") throughout MENA and beyond. Strataphy was co-founded by Dr. Ammar Alali (CEO) and Ahmed Alhani (COO) and operates out of Dammam, Saudi Arabia. No revenue or user figures were disclosed in the article, but the company positions itself as a critical enabler for sustainable industrial growth in hot climates.

Participated · Seed · Nov 2025

Kingpin provides a B2B SaaS platform that unifies product information, pricing, customer discovery, and sales processes within a single AI-powered ecosystem. Its technology leverages artificial intelligence to clean and enrich product data, automate repetitive sales tasks, and surface new retail opportunities worldwide. The company currently serves more than 300 distributors and brands across beauty, fashion, sports, and other consumer-goods verticals. Headquartered in Dubai with an office in Abu Dhabi, Kingpin positions itself as an operating system for global wholesale distribution. Management plans to use newly raised capital to deepen engineering resources, expand AI capabilities, and broaden geographic coverage from the Middle East into Europe and North America. The company’s revenue or user growth figures were not disclosed, but the seed financing marks its first publicly announced round and underscores investor confidence in its go-to-market traction.