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# INFOGRAPHIC: Startup Funding in Africa and the Middle East — Week 5, 2025
- URL: https://www.techloy.com/infographic-startup-funding-in-africa-and-the-middle-east-week-5-2025/
- Published: 2025-01-31T07:05:45.000Z
- Updated: 2025-01-31T07:05:44.000Z
- Description: Here are the venture funding activities we tracked in the Middle East and African region this week – including BioSapien, Insight Terra, Maalexi, Accrue, NjiaPay, Fincart, Sevi, LemFi, and Moove.
- Author: David Adubiina
- Tags: / Startups, Tech in Africa, Tech in the Middle East, / Money

The startup ecosystem in the Middle East and Africa is buzzing with activity this week, as seven companies secured fresh funding to fuel their growth.

Leading the charge is UAE-based healthtech **BioSapien**, which pulled in an impressive **$7 million** in an extended pre-Series A round to accelerate clinical trials for its flagship product, MediChip™.

Not far behind, South African climate-tech startup **Insight Terra** raised **$5.7 million** in a Series A extension, while UAE agriculture-focused fintech **Maalexi** secured a **$3 million** debt financing facility from Citi. Nigerian fintech startup **Accrue** also made headlines with a **$1.58 million** seed round. South African fintech **NjiaPay** wasn’t left out either, securing an **oversubscribed $1 million pre-seed round** to simplify payments for African businesses.

![](https://storage.ghost.io/c/c1/a6/c1a6d111-d951-41ad-a392-c1e841210b93/content/images/2025/01/INFOGRAPHIC-Startup-Funding-in-Africa-and-the-Middle-East---Week-5--2025.png)

Surprisingly, the healthtech startup dominated the funding activity this week, followed by climate tech and fintech. Aside from the disclosed rounds, we tracked some undisclosed but notable funding rounds including Egypt’s **Fincart**, which secured a pre-seed round led by **Plus VC**, and Kenyan fintech startup **Sevi**.

Meanwhile, on the acquisition front, Nigerian-founded fintech **LemFi** acquired **Bureau Buttercrane –** an Irish currency exchange platform, while **Moove,** a Nigerian mobility startup acquired **Brazilian car rental startup Kovi** in an all-share deal to strengthen its presence in Latin America.

Across the region, tech solutions continue to attract strong investment, demonstrating ongoing confidence in their potential.