A look at some of the latest moves across the MENA startup ecosystem this week. 🚀 From Endeavor Catalyst closing a $320M fund to back startups globally, and Saudi auto-tech startup autobia | أوتوبيا raising $12M in Series A funding, to UAE-based Just.ad securing $5M to scale its AI-powered advertising platform and health-tech company Aden launching in the UAE with $2M in seed funding, here’s what’s happening across the region. Follow COLABS for the latest startup news and updates every week. 🌍
Ruchi Rathor
1d
Growth stage is where MENA's funding story gets real. 🚀 Endeavor's $320M brings patient global capital, autobia's $12M proves auto tech has Series A appetite now, and Just.ad plus Aden at $2 to 5M remind us seed was never the hard part.
Just.ad is the round I'd watch. In GCC ad tech, scale usually comes from handling Arabic creative and local inventory well, since targeting models are the easy part to copy.