Wamda

Saudi Arabia

Hazen.ai closes seed round

Source: Startup MGZN Hazen.ai, a Saudi startup focusing on artificial intelligence-based traffic analytics and monitoring solutions,...

AI traffic Investment

Bahrain

Rain raises $2.5 million and acquires regulatory license

Source: Coindesk Cryptocurrency exchange Rain has opened its doors for business following regulatory approval by Bahrain’s central...

exchange crypto license

Regional

HiGuests closes investment at $1.1 million

Source: Menabytes Dubai-based property management startup HiGuests has closed $1.1 million (EUR 1 million) in an investment round,...

Dubai startup

Morocco

SOS Credit receives funding from SEAF Morocco Growth Fund

Source: Venture Burn SOS Credit, a Casablanca-based fintech startup, has received an undisclosed investment from the SEAF Morocco...

Fintech startup Funding

Saudi Arabia

Zid raises $2 million pre-Series A

Source: Menabytes Zid, a Riyadh-based Shopify-like e-commerce management startup that helps people (and businesses) set up their...

ecommerce Saudi Arabia Retail

Regional

Coded raises $1.3 million pre-series A

Source: SME10X Along with being the first coding academy in the Middle East, Coded is also the startup that brought the first coding...

Coding cootcamp Investment

U.A.E

China's Didi to set up joint venture in Abu Dhabi

Source: Arabian Business Didi Chuxing, a Beijing-based mobile transportation platform with 550 million users, on Monday signed an...

Expansion Transport venture

Egypt

Cryptyd raises pre-Series A funding

Egypt-based mobile games development studio Cryptyd has raised a pre-Series A funding round from The Cairo Angels and Alexandria Angels...

cairo angels Alexandria Angels Gaming

Jordan

Oasis500 launches second fund

Source: Mena Fn Oasis500 has announced the launch of a second fund with support from the King Abdullah Fund for Development...

startup Entrepreneur Investment

Regional

Grofers receives funding from Abu Dhabi firm

Source: Arabian Business A unit of Abu Dhabi Capital Group (ADCG) has invested about $10 million in Grofers, the Indian online grocery...

grocery online store E-commerce

Egypt

COLNN raises $100,000 in seed round

Egypt-based education technology (edtech) startup, COLNN has received $100,000 in seed funding from EdVentures which focuses its...

EdTech seed fund Investment

Regional

AlgoDriven raises $625,000 in Pre-Series A

Dubai-based automotive software company AlgoDriven has raised $625,000 in seed funding from domestic and international venture...

Seed funding automotive pre-Series A

Regional

Clara closes seed round at $2,000,000

UAE-based Clara, a legal technology firm targeting startups has raised $2 million in seed funding from multiple investors including Wamda...

startup Investment Legal

Egypt

Fawry to IPO within next few weeks at a valuation up to $330 million

Source: Menabytes Fawry, the leading Egyptian electronic payments company will go public within the next few weeks by listing its shares...

ecommerce MENA exchange

Regional

Washmen raises $6.2 million Series B

Source: Menabytes Washmen, a Dubai-based dry cleaning and laundry service has raised $6.2 million in its Series B round, the startup...

startup series B Washmen

Saudi Arabia

Misk Innovation's growth accelerator to invest $100,000 in Mena startups

Source: Menabytes Misk Innovation, the innovation arm of Misk Foundation, a non-profit established by Saudi crown prince Mohammad bin...

Growth accelerator accelerator Saudi Arabia

Regional

Ola raises $11 million in series J round

Source: LiveMint ANI Technologies-owned Cab aggregator Ola has raised $11 million in its ongoing Series J round from...

Investment series J cab service

Lebanon

Ecomz raises $4 million series A

Source: MenaBytes Beirut-based ecommerce management platform Ecomz has raised $4 million in a Series A round led by local VC Cedar...

E-commerce series-A Investment

Regional

FlexxPay raises new funds

Source: GulfNews FlexxPay.com, a Dubai-based social impact start-up, announced it has raised funding from a group of individual and...

Start-up social impact Employment

Kuwait

Boutiqaat raises investment and doubles its valuation to $500 million

Source: MenaBytes Boutiqaat, the leading Kuwaiti beauty ecommerce startup has doubled its valuation to $500 million in eighteen months...

Valuation Investment E-commerce

Jordan

Faylasof raises $500,000 pre-Series A

Source: Menabytes Amman-based online bookstore Faylasof has raised $500,000 as Pre-Series A funding from Saudi-based Wise Ventures,...

e-books Venture Capital venture capital fund

Saudi Arabia

Dhad closes an investment round

Source: MenaBytes Dhad, a Saudi-based audiobook startup has raised investment in a round led by Raed Ventures, the startup...

audio content Investment

Egypt

WideBot closes pre-Series A round

Source: Menabytes Cairo-based Arabic chatbot building platform WideBot has raised six-figure (USD) Pre-Series A investment, the startups...

widebot Artificial intelligence chatbot

Saudi Arabia

Foodics raises $4 million pre-series B

Source: MenaBytes Foodics, a Saudi cloud-based point-of-sale system for F&B businesses has raised $4 million in fresh funds, the...

f&b saudi Pre-Series B

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