https://foundergenx.com/ Latest from FounderGenX en https://foundergenx.com/svc-backs-seedra-ventures-oversubscribed-fund-ii-the-plumbing-behind/ This is not a startup funding round — it is the fund-of-funds mechanism that produces one. Saudi Venture Capital has invested in SEEDRA Ventures' oversubscribed second fund, which will write early-stage checks to Saudi founders in AI, fintech, proptech, SaaS and logistics. Fund size and SVC's ticket are undisclosed; oversubscription is the only quantified fact in the deal. Mon, 20 Jul 2026 00:00:00 GMT https://foundergenx.com/svc-backs-seedra-ventures-oversubscribed-fund-ii-the-plumbing-behind/ https://foundergenx.com/reme-d-raises-1-45m-to-take-egyptian-diagnostics-manufacturing-tenfold/ Reme-D, a Cairo-based molecular diagnostics manufacturer, raised $1.45 million in a Pre-Series A led by Anara Impact Capital, with Global Innovation Fund and Africa Health Ventures participating, Wamda reported. The company plans a tenfold manufacturing capacity increase via a move to a 1,500 sqm facility, after supplying over 550,000 tests across Egypt, Kenya, and Sudan since 2023. Mon, 20 Jul 2026 00:00:00 GMT https://foundergenx.com/reme-d-raises-1-45m-to-take-egyptian-diagnostics-manufacturing-tenfold/ https://foundergenx.com/ora-technologies-tops-up-its-series-a-to-10m-entirely-on-moroccan/ ORA Technologies closed its Series A at $10 million after adding a $2 million top-up sourced entirely from Moroccan investors, per Wamda. Founded in 2023 by Omar Alami, the Morocco-based super app builds KOUL food delivery and ORA Cash digital payments. The round's investor names, valuation and prior tranche size remain undisclosed. Sun, 26 Jul 2026 00:00:00 GMT https://foundergenx.com/ora-technologies-tops-up-its-series-a-to-10m-entirely-on-moroccan/ https://foundergenx.com/silq-raises-20m-from-gemcorp-its-second-sme-debt-facility-in-nine-days/ SILQ, the Saudi-Bangladeshi B2B commerce group formed from Sary and ShopUp, raised $20 million from Gemcorp Capital on July 13, 2026 and $75 million from Fasanara Capital nine days later — both Shariah-compliant debt facilities routed through its embedded-finance arm Fina, which lends against the SAR 10 billion in B2B commerce SILQ ran through 2026. Sun, 26 Jul 2026 00:00:00 GMT https://foundergenx.com/silq-raises-20m-from-gemcorp-its-second-sme-debt-facility-in-nine-days/ https://foundergenx.com/saudi-startup-think-raises-8m-pre-seed-on-a-90-gpu-utilization-claim/ Saudi AI-infrastructure startup Think closed a pre-seed round of more than $8 million, co-led by RAED Ventures and Wa'ed Ventures, on a single efficiency claim: its integrated hardware-and-orchestration stack sustains GPU utilization above 90 percent, against an industry average of 30 to 50 percent, which the company says cuts its per-token costs roughly tenfold versus frontier-model pricing. Sun, 26 Jul 2026 00:00:00 GMT https://foundergenx.com/saudi-startup-think-raises-8m-pre-seed-on-a-90-gpu-utilization-claim/ https://foundergenx.com/egypt-s-kuadra-raises-again-from-edafa-still-no-number-on-the-round/ Kuadra raised a new round led by Edafa Venture Capital — the same investor that bought into the Egyptian construction-tech startup for six figures earlier this year — but neither round discloses a size. The real signal is Kuadra's claimed advanced talks with one of Egypt's five largest contractors, not the raise itself. Sun, 26 Jul 2026 00:00:00 GMT https://foundergenx.com/egypt-s-kuadra-raises-again-from-edafa-still-no-number-on-the-round/ https://foundergenx.com/syria-s-startup-scene-gets-its-first-confirmed-foreign-vc-check-10m/ Labby, a Syria-based super app founded in 2024 by Mohammad Fawaz, has raised $10 million from a consortium of UAE and Saudi investors — the first direct foreign investment in a Syrian tech startup, per Syrian officials. The round funds product development and market expansion. Investor names, valuation, and user metrics remain undisclosed, per Wamda's July 22, 2026 report. Sun, 26 Jul 2026 00:00:00 GMT https://foundergenx.com/syria-s-startup-scene-gets-its-first-confirmed-foreign-vc-check-10m/