MEAPT VC Funding Trends in July 2025: 5 Megarounds Raise $909M in One Month

As of July 2025, venture capital activity in the Middle East, Africa, Pakistan, and Turkey (MEAPT) region shows a striking divergence: while deal count has dropped to a three-year low of 629 rounds, total funding value has surged to US $10.15 billion—up 53% year-to-date. This reflects a growing concentration of capital into fewer, larger deals, with investors favoring scale and fundamentals.

July’s $909M Mega-Round Momentum

July alone saw five mega-rounds (each over US $100 million), contributing US $909 million—nearly 9% of the region’s YTD funding. This marks a sharp rise from July 2024’s three mega-deals and July 2023’s single one, underscoring July’s outsized impact on Middle East & Africa Startups Funding Data.

1. Ninja (KSA) – US $254M

Founded in 2022, Ninja Rapid Delivery raised US $254 million from local investors, led by Riyad Capital. Now valued at US $1.5 billion, Ninja plans to scale logistics and target a public listing on Tadawul by 2027.

2. XPANCEO (UAE) – US $250M

Deeptech startup XPANCEO secured US $250 million in a Series A led by Opportunity Venture (Asia), reaching a US $1.35 billion valuation. The company is developing smart contact lenses with AR, health monitoring, and wireless charging capabilities.

3.  Sun King (Kenya) – US $156M

Sun King closed a US $156 million securitization deal—the largest in Sub-Saharan Africa outside South Africa. The funding will expand solar access to 1.4 million households and businesses in Kenya.

4. Aidoc (Israel) – US $150M

Aidoc raised US $150 million in equity and debt, including a US $40 million credit facility. The funds will accelerate its CARE™ clinical AI model and aiOS™ platform for scalable deployment.

5.  Noma Security (Israel) – US $100M

Noma Security raised US $100 million in a Series B led by Evolution Equity Partners. The company will expand across North America, Europe, and MEA, while growing its Tel Aviv-based R&D team.

6.  Exodigo (Israel) – US $96M

Exodigo closed a US $96 million Series B to scale its AI-powered underground mapping platform. The company aims to reduce geotechnical risk and expand globally.

7.  Good Job Games (Turkey) – US $60M

Good Job Games raised US $60 million in a Series A to grow its Match-3 gaming franchise. The company plans to build a generational entertainment brand.

8.  Huspy (UAE) – US $59M

Huspy secured US $59 million in a Series B led by Balderton Capital. The proptech firm will expand across Spain and invest in tech and strategic hiring.

9. Teramount (Israel) – US $50M

Teramount raised US $50 million to scale its optical connectivity solutions for AI and data centers, ahead of market adoption of co-packaged optics.

10. Calo (Bahrain) – US $39M

Calo closed a US $39 million Series B extension to support global expansion and integrate its recent UK acquisitions. The company delivered over 10 million meals last year.