RIYADH: Investor confidence is rising in Middle East startups, from proptech funding rounds to strategic bets in the growing gaming sector.
These moves reflect a broader regional trend: supporting ventures that harness technology to tackle real-world challenges — ranging from home ownership and food security to cultural entertainment— while aligning with Saudi Vision 2030 and the UAE’s economic diversification goals.
Holo raises $22m in Series A round
In one of the Gulf Cooperation Council’s largest Series A rounds this year, UAE-based fintech Holo has raised $22 million to expand its tech-enabled home-buying platform.
According to a press release, the round was led by Saudi Arabia’s Impact46, with participation from Abu Dhabi’s Mubadala, Rua Growth Fund, anb seed, and MoreThan Capital, alongside returning investors Salica Oryx Fund and Dubai Future District Fund.
