Series B Funded Startups in United Arab Emirates
Disclosed Series B amounts in these 13 UAE rounds cluster tightly around the mid-teens to mid-50s, with one major outlier: Cadena raised $183M on 2024-12-2…
Disclosed Series B amounts in these 13 UAE rounds cluster tightly around the mid-teens to mid-50s, with one major outlier: Cadena raised $183M on 2024-12-23, far above the next-largest disclosed amounts (tabby at $54M on 2022-03-03 and Altibbi at $44M on 2022-03-28). At the low end, Joi Gifts closed at just $1M on 2022-04-27, sharply below the rest of the disclosed range.
Geographically, the list is concentrated in Dubai and Abu Dhabi: 10 of 13 rounds are based in Dubai (e.g., qlub on 2025-07-21, Cadena on 2024-12-23), with the remaining 3 in Abu Dhabi (NymCard on 2025-03-18; The Cloud on 2024-02-19; tabby appears as Dubai). The rounds span 2021-08-08 (Sarwa) through 2025-07-21 (qlub), and several entries fall into a mid-2022 concentration, while 2024 is characterized by fewer but much larger raises in specific categories (Cadena’s $183M in Data and Analytics; GrubTech’s $15M in Software).
Most recent rounds
13 shownRelated listings
Frequently asked
What stands out in disclosed Series B round sizes, and how does the top round compare to the rest of the list?
Cadena’s $183M on 2024-12-23 is the only disclosed round that clearly dwarfs the rest; the next-largest disclosed amounts are tabby at $54M (2022-03-03) and Altibbi at $44M (2022-03-28). At the bottom, Joi Gifts raised $1M on 2022-04-27, well below the rest of the disclosed values.
Do Dubai or Abu Dhabi appear disproportionately in these Series B rounds?
Dubai appears in 10 of 13 rounds (e.g., qlub $30M on 2025-07-21; Cadena $183M on 2024-12-23; tabby $54M on 2022-03-03), while Abu Dhabi accounts for 3 of 13 (NymCard $33M on 2025-03-18; The Cloud $12M on 2024-02-19; GrubTech is Dubai rather than Abu Dhabi).
Which rounds are most recent within the 90-day window of the latest entry shown?
The latest date in the list is 2025-07-21 (qlub). Within 90 days of that, there are 3 rounds: NymCard on 2025-03-18 ($33M), Merit Incentives on 2025-02-11 ($28M), and qlub itself on 2025-07-21 ($30M).
Are any sectors over-represented across these 13 Series B companies?
Financial Services is the most frequent sector, appearing in 4 entries: qlub ($30M, 2025-07-21), NymCard ($33M, 2025-03-18), tabby ($54M, 2022-03-03), and Sarwa ($15M, 2021-08-08). Other sectors shown (e.g., Data and Analytics, Software, Apps) appear fewer times.
Is there a meaningful timing cluster, or are the rounds spread evenly from 2021 through 2025?
The span is broad (2021-08-08 Sarwa through 2025-07-21 qlub), but there is a notable mid-2022 cluster: five rounds occur between 2022-03-03 (tabby, $54M) and 2022-11-10 (Okadoc, $10M), including Altibbi ($44M, 2022-03-28), Joi Gifts ($1M, 2022-04-27), and Immensa ($20M, 2023-11-29 is outside this window). Separately, 2024 includes Cadena ($183M, 2024-12-23) and GrubTech ($15M, 2024-05-28), suggesting fewer entries with higher variance.
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