INFOGRAPHIC: Startup Funding in Africa & the Middle East — Week 45, 2025
Here are the venture funding activities we tracked in the Middle East and African region this week – including nextProtein, Bonat, STREAM, Anda, Enzi Mobility, Sawa Energy, Farm to Feed, and WildyNess
It’s been another impressive week for Africa and the Middle East’s startup scene, with fresh capital flowing into diverse sectors from AI and mobility to agri-tech and renewable energy. Following last week’s $50 million surge led by BRKZ and Maxwell+Spark, this week’s momentum shows that innovation across the region is far from slowing down.
Leading the charge is nextProtein, the Paris and Tunis-based agri-tech company, which secured $20.7 million in Series B funding. The round, co-led by Swen Capital’s Blue Ocean Fund and British International Investment (BII), also included €4 million in debt financing. With this raise, nextProtein plans to build its second and largest insect-based production facility in Tunisia, a step closer to scaling sustainable ingredients that compete with traditional commodities.
In Saudi Arabia, Bonat, an AI-powered customer engagement platform, raised $6 million in Series A funding. The round, backed by anb seed Fund, Rua Growth Fund, RZM Investments, and Tali Ventures, underscores the Kingdom’s growing appetite for digital innovation. The investment builds on STC Group’s broader drive to push forward digital transformation through homegrown startups.
Another strong showing came from STREAM, a Saudi modern billing and payments startup that closed a $4 million seed round led by Outliers Ventures. STREAM aims to simplify how users and businesses get paid by strengthening its product engineering, compliance, and user experience while scaling its systems to support a rapidly growing subscriber base.
Kenya continues to make waves with Enzi Mobility, an electric vehicle startup that raised $3.5 million, blending $2 million in equity with a $1.5 million in-kind contribution from the Kula blockchain tech stack. The funding will accelerate Enzi’s mission to offer clean transport solutions while empowering riders through blockchain-based ownership models.
Further south, in Angola, mobility startup Anda pulled in $3.4 million in seed funding co-led by Breega and Speedinvest. The Luanda-based company is tackling some of the region’s biggest transport hurdles, from credit gaps to weak regulation, with an ambition to build a fairer, tech-driven mobility ecosystem.
In East Africa’s renewable energy space, Sawa Energy of Uganda secured $2.9 million in equity investment from the EU-funded ElectriFI program. The company plans to expand renewable access for commercial and industrial clients in Uganda and Rwanda, replacing diesel generators with cleaner alternatives.
Rounding off the week, Kenyan agri-tech startup Farm to Feed raised $1.5 million in seed funding to scale its B2B platform that connects surplus produce to new markets, a critical step toward building a more climate-resilient food system on the continent. Also, Tunisian travel startup WildyNess has closed its first strategic pre-seed round, securing backing from Bridging Angels and the African Diaspora Network as it prepares to scale across the region
In total, startups across Africa and the Middle East attracted over $35 million this week, cutting across clean energy, fintech, mobility, and sustainable agriculture. Despite global venture markets tightening, the region’s innovation engine remains switched on, proving that creativity and resilience continue to fuel its rise.
