H1 2025 - Top 10 Funded Startups in MEAPT

MEAPT Mid-Year VC Leaderboard – H1 2025 | $8.51B Raised Across 330 Deals
 

Welcome to our mid-year roundup of MEA-PT’s top-funded startups. We’re halfway through 2025, and the VC landscape is anything but predictable. Year-to-date funding hit $8.51 billion, a 51.5% surge from last year. But deal count dropped to 330 rounds, confirming the trend: fewer deals, bigger checks.

📌 Top 10 Funding Rounds – H1 2025:

Dream Games (Turkey) – $1.25B debt round. Gaming unicorn behind “Royal Match,” now MEA-PT’s top-funded startup of the year

Lendo (Saudi Arabia) – $690M from JP Morgan to scale Shariah-compliant SME lending under Vision 2030

Cato Networks (Israel) – $359M Series G to expand its cloud-native SASE cybersecurity platform

AI21 Labs (Israel) – $300M Series D from Google and Nvidia to scale enterprise-grade language models

Quantum Machines (Israel) – $170M Series C to accelerate scalable quantum computing

Tabby (UAE) – $160M Series E to expand BNPL services and prep for IPO

Wave Mobile Money (Senegal) – $137M debt to grow its flat-fee mobile payments across West Africa

ForSight (Israel) – $125M to advance robotic eye surgery tech

Coralogix (Israel) – $115M to scale its AI-powered observability platform

Classiq Technologies (Israel) – $110M Series C to grow its quantum software ecosystem

Israel leads with six of the top ten rounds, but Saudi and Turkey are rising fast—especially in fintech and gaming. Africa’s presence is limited, with Wave as the lone flagbearer. Heading into H2, all eyes are on IPO moves and whether early-stage founders will finally get their slice.