Aidoc and Quantum Art lead $381m startup funding across Africa and Middle East
Updated
Updated · Techloy · May 1
Aidoc and Quantum Art lead $381m startup funding across Africa and Middle East
1 articles · Updated · Techloy · May 1
Israel accounted for $290 million, while UAE fintech Comfi raised $65 million and Ethiopia's Dodai and Bahrain's Lola secured $13 million and $3 million.
Aidoc's Series E, led by Goldman Sachs Alternatives, will expand healthcare imaging tools, while Quantum Art's extended Series A backs its Perspective quantum system and pay-per-use platform.
Other deals included UAE gifting platform Udora's $10 million raise, as regional funding spanned healthcare AI, quantum computing, fintech, e-mobility, e-commerce and food tech.
With Israel and the UAE leading startup funding, could Africa and the Middle East become the next global tech powerhouse, or are there hidden risks?
As AI and quantum computing gain traction in the region, will regulatory frameworks keep pace with the rapid technological and ethical changes ahead?
How might Ethiopia's aggressive shift to electric vehicles and battery swapping reshape urban mobility across Africa and challenge existing energy infrastructure?