Dubai Startup Funding News & Ecosystem Intelligence

UAE startups Peekabox (Food Tech) raised $1.5 million, RemotePass (HR Tech) secured $17.4 million, and eVoost AI (Proptech) received $2.2 million in recent funding rounds. These investments highlight strong investor confidence in key UAE tech sectors.

Dubai captured the lion's share of $3.8 billion in UAE venture capital in 2025, representing 74% growth year-over-year and cementing its position as the MENA region's dominant startup hub. But competition from Riyadh's deep-pocketed Vision 2030 programs and Cairo's cost advantages is intensifying.

The UAE government has launched several initiatives, including equity-free grants up to AED5 million from Sheraa and new tax incentives, to bolster support for startups and SMEs. These measures aim to foster a more resilient and innovation-driven business environment.