Pakistan Startup Funding Tracker 2026
Every publicly announced funding round for Pakistani startups in 2026, with amount, round, investors and a source for each one. We add new rounds as they are announced.
Last updated:
Raised Jan–Sep 2026*
$133.7M
10 deals, per i2i Ventures
Rounds tracked here
11
4 with undisclosed amounts
Largest round
$68M
Fasset, Series C
Q3 2026 without Fasset
~$6.7M
Early-stage money is still scarce
*Headline figure from i2i Ventures, Pakistan Startup Funding Q3 2026. It includes Fasset, which is headquartered in Dubai but counts Pakistan as a key market.
All 2026 funding rounds
| Company | Amount | Round | Investors | Date | Sector | Source |
|---|---|---|---|---|---|---|
| Qist Bazaar Buy now, pay later | PKR 500M (~$1.8M) | Sukuk (debt) | Privately placed, unrated Sukuk | Q3 2026 | Fintech | Source 1Source 2 |
| Oraan Digital savings committees (ROSCAs) and gold | Undisclosed | Undisclosed | Epic Angels, with existing investors Wavemaker and i2i Ventures | Q3 2026 | Fintech | Source 1Source 2 |
| Edversity AI-powered education platform | $400K | Strategic | Rapidev Group | Q3 2026 | Edtech | Source 1Source 2 |
| Metal AI-native operating system for capital formation Founded by Usman Gul, former CEO of Airlift. | $4.5M | Seed | a16z speedrun, Y Combinator (lead); Pioneer Fund, Rebel Fund, Gaingels, Indus Valley Capital, Team Ignite Ventures, Phaze Ventures and others | Sep 2026 | AI | Source 1 |
| Fasset Stablecoin-powered neobank for emerging markets Valued Fasset at $1 billion. Lahore-born co-founder Daniel Ahmed. | $68M | Series C | SBI Group (lead), Speedinvest | Aug 2026 | Fintech | Source 1Source 2 |
| BuyPass.ai Live commerce | Undisclosed | Pre-seed | Myco Holdings, Daman Investments | H1 2026 | Ecommerce | Source 1 |
| Neem Banking-as-a-service | Undisclosed | Pre-Series A | Epic Angels (lead), DNI Group, Hi2 Global, angel investors | H1 2026 | Fintech | Source 1 |
| Revora (formerly MyAlice) AI revenue agents for ecommerce | $2M | Seed | i2i Ventures, Oraseya Capital (lead) | Jun 2026 | AI | Source 1 |
| Fasset Stablecoin-powered neobank for emerging markets Headquartered in Dubai; included because Pakistan is a key market (as in i2i Ventures' data). | $51M | Series B | SBI Group, Investcorp, Arz Portföy, strategic family offices | May 2026 | Fintech | Source 1Source 2 |
| Uplift AI AI voice agents for regional languages | $3.5M | Seed | Indus Valley Capital, Y Combinator (lead) | Jan 2026 | AI | Source 1 |
| Zarea Agri-commodity marketplace (PSX-listed) Rated A-1 by PACRA; redeemed in full by July 2026. Zarea later raised a second, Rs2bn (about $7.2M) Sukuk. | Rs1bn | Sukuk (debt) | Institutional investors (private placement) | Jan 2026 | Agritech | Source 1 |
Totals by quarter
| Period | Rounds | Disclosed amount |
|---|---|---|
| Q1 2026 | 2 | $3.5M (+1 undisclosed) |
| Q2 2026 | 2 | $53M |
| H1 2026 (month not disclosed) | 2 | – (+2 undisclosed) |
| Q3 2026 | 5 | $74.7M (+1 undisclosed) |
Totals by sector
| Sector | Rounds | Disclosed amount |
|---|---|---|
| Fintech | 5 | $120.8M (+2 undisclosed) |
| AI | 3 | $10M |
| Edtech | 1 | $400K |
| Ecommerce | 1 | – (+1 undisclosed) |
| Agritech | 1 | – (+1 undisclosed) |
Totals add up only the USD amounts listed in this table (PKR-only amounts are left out), so they can differ from the i2i Ventures headline figure, which also counts one deal it does not name.
How we build this tracker
- We list a round only when a company announcement, a funding report (such as i2i Ventures) or a reputable outlet confirms it, and we link that source.
- Amounts we cannot confirm are shown as "Undisclosed". We do not estimate them.
- Debt such as Sukuk is labelled as debt, so it is not mixed up with equity rounds.
- Spotted a missing round or an error? Email press@pfmtoday.com with a link to the announcement.
FAQ
How much funding have Pakistani startups raised in 2026?
According to i2i Ventures, Pakistani startups raised $133.7M across 10 deals in the first nine months of 2026: $59M in the first half and $74.7M in Q3. Most of it came from Fasset, a Dubai-headquartered neobank for which Pakistan is a key market.
What is the largest Pakistan-linked startup round of 2026?
Fasset's $68M Series C in August 2026, led by Japan's SBI Group, which valued the company at $1 billion. It followed a $51M Series B in May.
Which investors are most active in Pakistani startups?
Rounds tracked here in 2026 include Indus Valley Capital, Y Combinator, i2i Ventures, Epic Angels, a16z speedrun and SBI Group. Islamic debt (Sukuk) is also growing, used by Zarea and Qist Bazaar.
Why does excluding Fasset matter?
Without Fasset, i2i Ventures counts only about $6.7M raised in Q3 2026, which shows early-stage capital in Pakistan is still scarce.