FundedIQ

Funded Information Technology Startups in United Arab Emirates

Across the 15 most recent information-technology rounds in the United Arab Emirates, the largest disclosed amount is Hunch’s $23M on 2024-03-06.

Across the 15 most recent information-technology rounds in the United Arab Emirates, the largest disclosed amount is Hunch’s $23M on 2024-03-06. That $23M figure stands well above the next-largest disclosed rounds visible here ($9M for spiderSilk on 2023-11-01, and $4M for both 4Partners on 2024-10-10 and RIZEK on 2020-06-14), creating a clear size outlier relative to the rest of the disclosed amounts.

The list also clusters geographically and temporally: 11 of 15 entries are based in Dubai (e.g., 4Partners 2024-10-10 $4M; spiderSilk 2023-11-01 $9M; Sterve 2023-01-16 $500K), with the remaining 4 in Abu Dhabi (Octa 2024-10-10 $2M; FileOrbis 2023-06-01 $2M; Clevertrip 2021-10-01 $100K; Hunch 2024-03-06). Stage labeling is incomplete: 4 entries show “Series Unknown” (4Partners 2024-10-10 $4M; spiderSilk 2023-11-01 $9M; NexGen Digitech 2023-06-01 $750K; RIZEK 2020-06-14 $4M) and 2 are “undisclosed” on amount (Mobility MEA 2023-03-30; 99Starz 2021-11-17). Rounds span 2020-06-14 through 2024-10-10, with both the newest date and the newest entries landing on 2024-10-10.

Most recent rounds

15 shown

Related listings

Frequently asked

What’s the largest disclosed round in this UAE IT slice, and is it an outlier versus the rest?

Hunch’s disclosed $23M (2024-03-06) is the largest amount in the rows shown. It sits well above the next-largest disclosed rounds visible here, including spiderSilk’s $9M (2023-11-01) and the $4M rounds for 4Partners (2024-10-10) and RIZEK (2020-06-14).

Do these funded IT entries cluster more in Dubai or Abu Dhabi?

Dubai dominates the geography: 11 of 15 entries list Dubai (e.g., 4Partners $4M on 2024-10-10; Sterve $500K on 2023-01-16; FlexxPay $3M on 2021-02-14). Abu Dhabi accounts for 4 of 15 (Octa $2M on 2024-10-10; Clevertrip $100K on 2021-10-01; and Yegertek is also listed in Dubai rather than Abu Dhabi, per the rows shown).

Which portion of the list lands near the most recent funding date?

Two entries are dated 2024-10-10: 4Partners ($4M) and Octa ($2M). The remaining rows fall earlier, with the earliest date shown being RIZEK on 2020-06-14 ($4M), so the table skews toward 2021–2024 rather than 2020.

How complete is the stage and amount disclosure in this dataset?

Stage names are missing in two ways: 4 entries use “Series Unknown” (4Partners 2024-10-10 $4M; spiderSilk 2023-11-01 $9M; NexGen Digitech 2023-06-01 $750K; RIZEK 2020-06-14 $4M). Separately, 2 entries have “undisclosed” amounts (Mobility MEA 2023-03-30 and 99Starz 2021-11-17).

Are there notable small-round concentrations that contrast with the $23M outlier?

Several disclosed rounds cluster at the low end: multiple Seed rounds list $100K amounts (Clevertrip 2021-10-01 $100K; Yegertek 2021-09-14 $100K). At the same time, there are mid-tier disclosed rounds like 37xDubai’s $5M (2022-12-13) and FileOrbis’s $2M (2023-06-01), but none approach Hunch’s $23M.

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