Funded Startups in Bahrain
The 15 most recent funded startups in Bahrain span a date range from December 2021 to September 2025, with Manama (Al Manamah) accounting for 13 of the 15…
The 15 most recent funded startups in Bahrain span a date range from December 2021 to September 2025, with Manama (Al Manamah) accounting for 13 of the 15 companies tracked. Seed rounds dominate the mix — nine of the 15 entries carry that designation — while three are labeled Series Unknown, reflecting limited public disclosure common at early stages in smaller markets.
The largest disclosed round belongs to Rain, a Manama-based Financial Services company that raised $110M in a Series B in January 2022. Calo ($13M Seed, December 2022), Estater ($5M Series A, March 2023), and Aion Digital ($5M Seed, February 2023) follow in disclosed size. Financial Services and Finance together account for four of the 15 companies, making them the most concentrated sector cluster in this snapshot. Six of the 15 rounds carry undisclosed amounts.
Most recent rounds
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Frequently asked
What are the largest disclosed funding rounds among these Bahrain startups?
Rain leads with a $110M Series B closed in January 2022, by far the largest disclosed amount in the set. The next largest are Calo ($13M Seed, December 2022), Estater ($5M Series A, March 2023), and Aion Digital ($5M Seed, February 2023). Six of the 15 rounds have undisclosed amounts.
Which city in Bahrain concentrates the most startup funding activity?
Manama (Al Manamah) accounts for 13 of the 15 companies shown. The only exceptions are Fintologya, based in Sitrah, and Cartoon Planet, based in Al Janabiyah — both outside the capital.
What funding stages are most common among recently funded Bahrain startups?
Nine of the 15 entries are Seed-stage, three are listed as Series Unknown, one is Series A (Estater, $5M, March 2023), one is Series B (Rain, $110M, January 2022), and one is a Corporate Round (ACE, $100K, December 2021). Early-stage deals dominate the visible deal flow.
Which sectors appear most frequently in funded Bahrain startups?
Financial Services accounts for three companies — Rain, Aion Digital, and ACE — and adding Finance (Fintologya) brings the finance-adjacent count to four out of 15. Commerce and Shopping appears twice (Sellou, ReQahwa). All other sectors have a single entry each in this snapshot.
Which year saw the most funding activity in this Bahrain dataset?
2023 produced five of the 15 rounds, including Aion Digital ($5M Seed), Parcel ($1M Seed), Estater ($5M Series A), and two Series Unknown entries for Cartoon Planet and Silent Power. 2022 contributed three rounds but generated the two largest disclosed amounts — Rain's $110M and Calo's $13M.
What is the most recent funded startup in Bahrain shown here?
Fintologya, a Finance company based in Sitrah, closed a $1M Seed round on September 17, 2025, making it the most recently funded entry in this set. Before that, Sellou (Commerce and Shopping, Manama) raised $300K in a Seed round on March 30, 2025.
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