MEAPT Top 10 Funding Rounds of January 2026

Venture capital funding across the Middle East, Africa, Pakistan and Turkey (MEAPT) has already surpassed the US $2 billion mark as of January 2026. Though the month featured several mega-rounds (deals ≥ US$100 million), the headline figure is heavily concentrated: HUMAIN’s US$1.2 billion debt financing accounted for more than half of the month’s total capital deployed. From a sector perspective, FinTech featured prominently across the top 10 rounds alongside AI, DevOps, cybersecurity, and Foodtech.

Let’s take a look at the top 10 funding rounds of January 2026 across MEAPT.

#1 - HUMAIN (Saudi Arabia) | Artificial Intelligence

US $1.2 Billion Debt Financing

Founded 12 May 2025 under Saudi Arabia’s Public Investment Fund, HUMAIN is focused on building large-scale AI infrastructure and deploying advanced AI solutions across government and enterprise use cases. The company positions itself as a national AI champion aligned with Saudi Arabia’s Vision 2030 agenda, developing Arabic-language large language models, sovereign AI infrastructure, and sector-specific AI applications to accelerate digital transformation across the Kingdom. To power this vision, HUMAIN is building high-performance data centers with up to 500 megawatts of capacity. These centers house over 18,000 advanced AI chips from NVIDIA, one of the world’s top AI hardware companies. These chips are designed for training and running large, complex AI systems. This places Saudi Arabia among a small group of nations capable of building sovereign AI models at scale, especially ones that focus on underrepresented languages like Arabic.

In January 2026, HUMAIN and the National Infrastructure Fund announced a Strategic Financing Framework Agreement of US $1.2 billion, marking one of the largest AI-focused financings in the MEAPT region to date. This funding will finance the expansion of AI and digital infrastructure across Saudi Arabia, primarily through the development of up to 250 MW of hyperscale AI data center capacity powered by advanced GPUs for training and inference. The agreement also includes plans to explore a joint AI data center investment platform, designed to attract both local and international institutional investors to further scale HUMAIN’s AI infrastructure ambitions.

#2 - Mal (United Arab Emirates) | Fintech

US $230 Million Seed

Scheduled to launch in 2026 by serial fintech entrepreneur Abdallah Abu-Sheikh, Mal is a mobile-first digital banking platform currently under development, targeting underbanked communities globally. The capital will be used to accelerate product development, advance licensing and regulatory processes, and execute its go-to-market strategy. Based in Abu Dhabi, Mal plans a phased rollout, starting in the UAE before expanding into key markets across the Middle East and Asia. The founding team is supported by senior executives with prior leadership experience at Revolut and Nubank, as the company aims to set a new benchmark for ethical, AI-powered financial services.

In January 2026, Mal secured a US $230 million strategic investment led by BlueFive Capital, with participation from strategic investors and family offices. This funding brings together a global investor base backing Mal’s vision to build a smart, ethical, and inclusive financial platform, and signals strong institutional support for Mal’s ambition to combine AI-native infrastructure with the principles of Islamic finance. Mal is currently in a pre-launch phase and, while pursuing regulatory approvals across multiple jurisdictions, does not yet hold any banking or financial services licences and is not conducting regulated financial activities.

#3 - Torq (Israel), DevOps, US $140 Million Series D

Founded in 2020 by Ofer Smadari, Leonid Belkind, and Eldad Livni, Torq is an established Agentic AI security operations pioneer. Last year, Torq acquired stealth-mode startup Revrod in a deal valued at over US $20 million, bringing cutting-edge multi-agent RAG (Retrieval-Augmented Generation) technology into Torq's product suite. Torq's HyperSOC 2o now integrates Revrod’s technology to deliver what it claims is the industry's most advanced AI-powered Security Operations Center automation. The platform, now boasting multiple autonomous agents capable of investigation, case management, runbook execution, and remediation, is designed to shrink incident response times and scale up SOC efficiency without increasing headcount. According to Torq, early users are seeing investigation times slashed by 90% and alert throughput improved by 3-5x.

In January 2026, Torq closed a US $140 million Series D financing round led by Merlin Ventures, bringing its cumulative funds raised to US $332 million. The fresh capital will be used to accelerate the adoption of Torq's AI SOC Platform, built on the pillars of advanced Hyperautomation, Alert Triage, and Fatigue Reduction to deliver full operational autonomy for global enterprises and government agencies.

#4 - Factify (Israel), Fintech, US $63 Million Seed

Founded in 2023 by Professor Matan Gavish, Factify is a document-technology startup building the next generation of “intelligent” records designed for the AI era, aiming to replace the static PDF as the default business document. Factify’s platform creates “governed” digital documents that embed authenticity, identity, access controls, and machine-readable logic directly into each record, enabling both humans and AI systems to interact with documents in a secure, trackable, and automated way. Initially targeting regulated sectors such as banking, legal services, and insurance, Factify’s technology is designed to address the long-standing limitations of legacy file formats in increasingly automated enterprise environments.

In January 2026, Factify closed a US $63 million seed round led by Valley Capital Partners, bringing Factify’s cumulative funding to US $73 million. The new capital will support the growth of Factify’s engineering workforce, enhance its core technology platform, and strengthen collaboration with early enterprise clients operating in heavily regulated sectors. Factify is also scaling its footprint in the United States currently, with plans to develop Pittsburgh into a key center for customer engagement and operational activity, signaling a strategic emphasis on enterprise integration and sustainable, long-term expansion.

#5 - Kitopi (United Arab Emirates) | Foodtech

US $50 Million Debt Financing

Founded in 2018 by Mohamad Ballout, Andres Arenas, Bader Ataya, and Saman Darkan, Kitopi was launched as a “managed cloud kitchen platform” - partnering with restaurants and F&B brands, to help them expand their delivery reach and scale across borders, taking care of the entire end-to-end operations from sourcing the ingredients, to delivering the food. Kitopi's SKOS (Smart Kitchen Operating System predicts customer behavior so that the team can focus on providing exceptional customer experience and prioritize quality. With over 200 locations, including both restaurants and delivery-only locations across five GCC markets, and its own in-house suite of applications called SKOS, Kitopi is known for its understanding of consumer preferences, technology-enabled operating model and its role in shaping the GCC’s F&B landscape.

In January 2026, Kitopi secured a US $50 million growth capital round as the first investment in the Gulf region led by EvolutionX. The funding will fuel the expansion of Kitopi’s leading homegrown brands across high-growth markets, including the UAE, Saudi Arabia, Qatar, Bahrain and Kuwait, while further accelerating the company’s franchising plans in the region and beyond. The investment follows Kitopi achieving its profitability milestone and will be used to accelerate further expansion and growth.

#6 - Mylo (Egypt) | Fintech

US $37 Million Debt Financing

Founded in 2023, Mylo is a Cairo-based fintech platform born out of Egypt’s omnichannel retailer and consumer finance group B.TECH, designed to bring accessible, Shariah-compliant digital financial solutions to individuals and businesses across the country. The company enables users to purchase goods through digital buy-now-pay-later and flexible installment plans at thousands of points of sale, spanning electronics, fashion, education, and more, while emphasizing inclusivity and ethical finance. Under the leadership of CEO Mohamed Khattab, Mylo has also achieved early regulatory milestones, securing approval from Egypt’s Financial Regulatory Authority (FRA) to offer fully digital customer onboarding compared to traditional in-person Know Your Customer (KYC) processes, and expanding its footprint across key regional markets.

In January 2026, Mylo completed a second securitization bond issuance valued at EGP 1.76 billion (~US $37 million) in a structured debt financing round led by its internal leadership with EG Bank acting as the bond custodian. With this financing, Mylo plans to grow its user base, expand merchant and brand partnerships, and invest further in its digital infrastructure to better serve Egypt’s burgeoning consumer finance market.

#7 - Memcyco (Israel) | Cybersecurity

US $37 Million Series A

Founded in 2021 by Israel Mazin, Gideon Hazam, Ori Mazin, and Eli Mashiah, Memcyco is focused on protecting enterprises from client-side attacks such as digital impersonation, brand abuse, and web-based fraud. The company’s platform provides real-time detection and mitigation of phishing, browser-in-the-middle attacks, and fake application clones by embedding defensive code directly into legitimate web and mobile assets, allowing organizations to identify and neutralize threats as they occur. Memcyco positions its technology as a shift from traditional perimeter-based cybersecurity toward protecting the customer interaction layer itself, an increasingly critical frontier as financial institutions and digital platforms face escalating impersonation attacks.

In January 2026, Memcyco raised US $37 million in a Series A funding round led by NAventures and PagsGroup, bringing its cumulative funds raised to US $47 million. The new capital will be used to accelerate global expansion of its platform, as it seeks to move organizations away from reactive fraud responses and towards earlier, real-time disruption of attacks.

#8 - GoCab (Côte d'Ivoire) | Fintech / Mobility

US $30 Million Debt Financing

Founded in 2024 by Azamat Sultan and Hendrick Ketchemen, GoCab is a mobility fintech platform that combines vehicle financing with digital services to empower ride-hailing and delivery drivers across Africa’s gig economy. The company’s drive-to-own model enables drivers to acquire vehicles through structured, Shariah-compliant financing, helping them transition from informal, cash-only labour to stable income and asset ownership while addressing the continent’s persistent credit gap for gig workers. GoCab has grown rapidly, operating in five African markets including Côte d’Ivoire, Senegal, Morocco, Chile and Nigeria and employing over 120 people, with a focus on sustainable, data-driven solutions that support cleaner mobility and financial inclusion.

In January 2026, GoCab closed US $30 million in structured debt, as part of a broader debt facility designed to scale its vehicle financing and mobility services across Africa, bringing GoCab’s cumulative funding to US $45 million. GoCab will use this financing to expand vehicle access, grow its electric vehicle fleet, enter new high-growth cities, and deploy AI-driven tools for credit scoring, fleet optimization and risk management, cementing its role at the intersection of fintech, mobility, and financial inclusion across the region.

#9 - Adaptive6 (Israel) | DevOps

US $28 Million Series A

Founded in 2021 by Aviv Revach, Omer Müller, and Eyal Brosh , Adaptive6 is an AI-driven platform designed to automate and optimize cloud infrastructure management for enterprise engineering teams. The company focuses on enabling organizations to continuously adapt cloud architectures in real time, reducing manual configuration, mitigating performance bottlenecks, and lowering infrastructure costs through intelligent automation. Positioned at the intersection of DevOps and AI, Adaptive6 integrates directly into existing CI/CD pipelines and cloud environments, allowing teams to proactively detect inefficiencies and dynamically adjust workloads without disrupting deployment velocity.

In January 2026, Adaptive6 secured US $28 million in a Series A funding round led by U.S. Venture Partners (USVP), bringing its total cumulative funding to US $44 million. Adaptive6 will use the new capital to expand operations and its latest development efforts.

#10 - Atlas Invest (Israel) | Fintech

US $25 Million Unknown Series Round

Founded in 2022 by Roni Peled, Tal Shahar, and Nir Peled, Atlas Invest is innovating at the intersection of AI, private credit, and commercial real estate bridge lending. The platform leverages proprietary artificial intelligence to originate, underwrite, and monitor short-term, senior real estate loans, providing institutional investors with data-driven access to private credit opportunities historically dominated by traditional banks. Headquartered in Tel Aviv with an operational presence in New York, Atlas Invest has been recognized as one of Israel’s most promising startups, winning accolades from local business media and growing a multidisciplinary team that bridges finance and technology.

In January 2026, Atlas Invest announced a US $25 million funding round led by BlackRock, bringing its cumulative fundraising to US $38 million. Atlas will use the capital to expand its bridge-lending platform, which originates senior loans backed by commercial real estate and relies heavily on proprietary artificial intelligence to source, underwrite, and monitor deals.