The UAE startup ecosystem has continued to attract significant investment in 2026, with funding flowing into fintech, artificial intelligence, e-commerce, fitness technology, consumer brands, mobility and other technology-driven businesses.

Recent funding activity shows that investors are backing both established UAE startups raising larger growth rounds and younger companies securing their first institutional capital. In August alone, UAE startups raised $362 million across 13 deals, according to Wamda data reported by Aletihad. Two major transactions — Moove's $250 million Series C and Fasset's $68 million Series C — accounted for much of that total. Aletihad Newspaper

Here are some of the UAE startups that have raised funding recently.

1. Moove — $250 Million Series C

Sector: Mobility and autonomous mobility
Location: Dubai
Funding: $250 million Series C
Date: August 2026

Moove raised $250 million in Series C funding at a $2.1 billion valuation in August 2026. The round was led by Mubadala Investment Company and co-led by Woven Capital and Ion Pacific. Mubadala Investment Company

The company is building infrastructure for autonomous mobility, including fleet management, robotics-focused depot infrastructure and operational services. Moove has also expanded its presence in Dubai as part of its international operations. Mubadala Investment Company

The funding represents one of the largest startup rounds involving a Dubai-based company in 2026.

2. Fasset — $68 Million Series C

Sector: Fintech / Digital assets
Location: Dubai
Funding: $68 million Series C
Date: August 2026

Fasset raised $68 million in Series C funding at a reported $1 billion valuation. SBI Group led the round, following Fasset's $51 million Series B earlier in 2026. Fasset

The company operates a digital financial platform focused on stablecoin-based financial services. Fasset said the new capital will support its Own Network and expand its use of AI across stablecoin settlement, tokenisation and cross-border banking. Fasset

3. Enhance — $18.2 Million

Sector: Fitness technology / SaaS
Location: Dubai
Funding: $18.2 million equity and venture debt
Date: September 2026

Dubai-founded fitness technology company Enhance raised $18.2 million through a combination of equity and venture debt. Global Ventures participated in the equity financing, while Stride Ventures provided venture debt. Wamda

Enhance provides software for personal-training operations and works with multi-site gym operators. The company operates across markets including the UAE, Saudi Arabia, Qatar, Bahrain and the United States. Wamda

The new funding is being used to support the company's expansion in the US.

4. Synapse Analytics — $13 Million Series A

Sector: AI / Fintech
Location: Abu Dhabi
Funding: $13 million Series A
Date: September 2026

Abu Dhabi-based Synapse Analytics raised $13 million in Series A funding, bringing its total funding since inception to $17 million. The round was led by Partech, with Algebra Ventures and Silicon Badia participating. Wamda

Synapse develops an AI-powered decisioning platform for regulated financial institutions. Its technology allows credit and risk teams to build, test and deploy decision policies while maintaining control over their data and infrastructure. Hub71

The company plans to use the funding for team growth, product development and international expansion.

5. Keyper — $11 Million Series A

Sector: Proptech
Location: Dubai
Funding: $11 million Series A
Date: July 2026

Dubai-based proptech company Keyper raised $11 million in Series A funding led by Speedinvest. The round included NeoVentures, MEVP, Dubai Future District Fund, Property Finder, Arab National Bank, Ellington Properties, Dar Ventures and Abbey Road Investment Group. Latham & Watkins

Keyper provides a digital platform that allows tenants to pay rent monthly while landlords receive rental income upfront. Its platform also includes property management and embedded financial services. Wamda

The company plans to use the funding to expand its rental platform and property technology.

6. Amaani — $5 Million Series A

Sector: Beauty and wellness
Location: Dubai
Funding: $5 million Series A
Date: September 2026

Dubai-based consumer company Amaani raised $5 million in Series A funding led by BECO Capital, with Homegrown Ventures and Peak XV's Surge participating. DXBStart

Amaani is the company behind AÏZA, a beauty brand focused on skincare and haircare products inspired by the region. The company was founded in 2023 and launched AÏZA in December 2024. Seedtable

The new funding will support expansion across the GCC, beginning with Saudi Arabia, as well as product development, talent and technology.

7. Keep Converting — $2 Million Pre-Seed

Sector: AI / E-commerce
Location: UAE
Funding: $2 million pre-seed
Date: September 2026

UAE-based AI-powered e-commerce startup Keep Converting raised $2 million in pre-seed funding led by Nuwa Capital and COTU Ventures. Wamda

The company develops an AI-powered conversion optimisation platform that creates personalised product-page experiences for individual online shoppers.

The startup plans to use the funding to onboard more merchants and expand its engineering team. Wamda

8. Deadstock — $2.5 Million Seed

Sector: Software and internet
Location: UAE
Funding: $2.5 million seed
Date: September 2026

Deadstock is another UAE startup listed among recently funded companies in September 2026. Funding databases tracking UAE startup activity report a $2.5 million seed round announced on September 15. Fundup AI

The company is part of the latest group of UAE startups attracting early-stage investment as investors continue to back technology businesses at the seed stage.

9. Cobi — $1 Million Pre-Seed

Sector: AI / Business intelligence
Location: UAE
Funding: $1 million pre-seed
Date: August 2026

Cobi raised $1 million in pre-seed funding in August 2026. The startup is listed among recently funded UAE software and internet companies. Fundup AI

Cobi is focused on AI-powered business intelligence, making it part of the growing group of UAE startups applying artificial intelligence to business operations.

10. Longevium — $7 Million Seed

Sector: Healthcare / Longevity
Location: UAE
Funding: $7 million seed
Date: August 2026

Longevium raised $7 million in seed funding in August 2026. The company is developing an AI-powered longevity research operation and plans to establish a research lab in Dubai. Deeportal

Its funding reflects the growing interest in healthcare, longevity and technology-led research within the UAE startup ecosystem.

What Recent UAE Startup Funding Shows

The latest funding rounds highlight several important trends in the UAE market.

AI Is Becoming More Important

Synapse Analytics and Keep Converting demonstrate how UAE startups are applying AI to financial decision-making and e-commerce optimisation. Wamda

Fintech Remains a Major Funding Category

Fasset and other fintech businesses continue to attract significant capital. August's UAE funding numbers were heavily influenced by Fasset's $68 million round and Moove's large mobility financing. Aletihad Newspaper

Dubai Continues to Attract Growth Companies

Dubai-based businesses raised substantial capital across mobility, proptech, consumer technology and fitness technology. Moove, Keyper, Amaani and Enhance are examples of companies raising capital while expanding their operations. Mubadala Investment Company

Early-Stage Funding Is Still Active

Not every funding story involves a large Series A or Series C round. Companies such as Keep Converting and Cobi have attracted early-stage capital, showing that investors are continuing to fund younger UAE technology businesses. Wamda

Why UAE Startup Funding Matters

Funding can help startups move from an early product to a larger business. Depending on the company, new capital can be used for:

Product development
Hiring
Technology infrastructure
Market expansion
Sales and marketing
International expansion
Research and development
Customer acquisition

However, raising funding is only one part of building a successful startup. Companies still need strong products, customers, sustainable business models and effective execution.

The recent UAE funding landscape shows that investors are backing startups across a wide range of industries rather than concentrating on a single sector.

UAE Startup Funding Outlook

The UAE returned to the top of MENA startup funding rankings in August 2026, with $362 million raised across 13 deals. The regional total was $375 million across 27 deals, meaning UAE companies accounted for most of the capital deployed during the month. Aletihad Newspaper

The numbers also show that funding can be concentrated in a small number of large transactions. Moove's $250 million round alone represented a substantial portion of the UAE's August funding total. Mubadala Investment Company

For founders, the broader picture is still encouraging: UAE startups continue to attract local, regional and international investors across fintech, AI, mobility, proptech, consumer technology and other sectors.

Final Thoughts

The latest funding rounds demonstrate the variety of companies being built in the UAE. From Moove's $250 million mobility round and Fasset's $68 million Series C to early-stage investments in companies such as Keep Converting and Cobi, capital is reaching startups at different stages of development. Mubadala Investment Company

For founders and investors following the UAE ecosystem, these funding announcements provide useful signals about where capital is moving and which sectors are attracting investor attention.

Startups UAE covers UAE startups, founders, funding activity, business growth and developments across the country's startup ecosystem.

Share this article:

work alternate_email

Admin

Contributor & Editor

Platform administrator

Best UAE Startups That Raised Funding Recently