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INFOGRAPHIC: Startup Funding in Africa and the Middle East—Week 33, 2025

Here are the venture funding activities we tracked in the Middle East and African region this week – including Appcharge, Breadfast, NeoLogic, Chowdeck, HoneyCoin, Coraly.ai, and Street Wallet.

Ogbonda Chivumnovu profile image
by Ogbonda Chivumnovu
INFOGRAPHIC: Startup Funding in Africa and the Middle East—Week 33, 2025
Photo by airfocus / Unsplash

Last week might have started on a slower burn, but this week’s funding round-up brought bigger headlines, which shows the region’s deal flow is still ticking along. From gaming to groceries, payments to processors, big cheques are still being signed for startups that are scaling fast and thinking even faster. And this past week was just continuing the flow.

Leading the pack is Tel Aviv-based Appcharge, which just pulled in a whopping $58 million in Series B funding. Their direct-to-consumer platform for mobile game publishers is clearly striking the right chord, with backing from heavy hitters like IVP and Playrix.

Not far behind in the money race is Egypt’s Breadfast, which bagged $10 million in a Series B2 round from the EBRD and Novastar Ventures. That puts the grocery delivery platform’s valuation somewhere between $382 and $400 million, serious supermarket aisle power.

Also, raising $10 million is Israeli startup NeoLogic, which is gearing up to bring its first server processor to market and hit data centers by early 2026. Over in Nigeria, Chowdeck landed $9 million in Series A funding to fuel city expansions in Nigeria and Ghana and speed up its quick commerce strategy.

Kenya’s HoneyCoin wasn’t far behind, securing $4.9 million to grow its global payment orchestration platform and strengthen its leadership team. Meanwhile, in the MENA proptech space, Coraly.ai closed a $2 million pre-seed round, led by Salica Oryx Fund, to reimagine how real estate pros find and convert leads.

And finally, in Cape Town, Street Wallet, a fintech helping informal traders accept digital payments, sealed a $350,000 round at a $2 million valuation, aiming to roll out to more vendors across South Africa.

Between Israel's funding boom and South Africa's grassroots innovation, one thing's obvious. The Middle East and Africa's tech scene isn't just expanding, it's thinking big.

Ogbonda Chivumnovu profile image
by Ogbonda Chivumnovu

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