Wamda

Saudi Arabia

Foodics closes bridge round

Source: MenaBytes Foodics, a Saudi startup that provides cloud-based point of sale solutions to food and beverage businesses...

f&b Bridge round

Bahrain

Property Finder acquires Bahrain Property World

Source: MenaBytes Dubai-based Property Finder’s shopping spree of regional property websites doesn’t seem to be ending...

Acqusition property

Egypt

MerQ closes its seed funding round

Egypt-based artificial intelligence (AI) company MerQ has closed its seed financing round from Ahmed Kamal Selim, a financial investor,...

chatbot AI Investment

Global

Jumia shares “pop” 75 per cent on NYSE debut

Jumia, Africa’s largest e-commerce player, went public today on the New York Stock Exchange with a closing price of $25.46 per...

africa

Saudi Arabia

Saudi-based Haseel raises investment

Source: Menabytes Riyadh-based mobile-only fresh fruits and vegetables ecommerce platform Haseel has raised an undisclosed sum of...

E-commerce Investment Fruits

U.A.E

BECO Capital invests in Shedul's Series B

Source: Menabytes Shedul, a London-headquartered salon and spa booking platform that has a big presence in the region through one its...

Investment Booking Dubai

Kuwait

Faith Capital and 500 Startups invest in CaptainPanel

Source: MENAbytes California-based Software-as-a-Service (SaaS) startup CaptainPanel has raised $1.2 million in seed funding from...

Seed funding seed investment seed round

U.A.E

UAE’s Bayut acquires real estate portal Lamudi

Source: The National UAE property listings and research company Bayut acquired Lamudi, a rival portal owned by Middle East Internet...

acquisition Real-estate tech

Jordan

PointCheckout raises $600,000

UAE-based PointCheckout, an online payment method for reward points, has closed a seed round of $600,000 led by Arzan VC, 500 Startups,...

seed Seed funding seed investment

U.A.E

YaLLa Esports secures seed funding

Source: Startup MGZN YaLLa Esports, an esports organisation in the MENA region, has completed and secured a seed funding round from...

esports Funding Invesmtment

Regional

Property Finder set to Acquire JRD Group

Source: Benzinga Middle East real estate classifieds website Property Finder has signed an agreement to acquire its competitor JRD...

properties Acqusition

U.A.E

AWOK.com closes US$30 million series A funding

Source: Zawya The UAE mass market e-commerce platform AWOK.com- has closed its first external round of financing to pursue its...

E-commerce Funding Series A

U.A.E

ProTenders raises $3 million in pre-series A

Dubai-based ProTenders, a construction intelligence and procurement company, has secured $3 million in its pre-Series A funding, led by a...

pre-Series A fund Investment

U.A.E

Oliv raises $2 million in Series A

Oliv, the UAE-based careers platform connecting employers with young talent, has closed $2 million Series A funding round led by the...

Investment Funding round

Egypt

ArabyAds secures $6.5 million from Equitrust

ArabyAds, a performance marketing company, has raised $6.5 million in its Series A round from investment arm of Choueiri group Equitrust,...

Invesmtment Funding Marketing

Egypt

Uber partners up with Egypt’s peer-to-peer car sharing platform Dryve

Source: Startup MGZN Egypt’s peer-to-peer car sharing platform Dryve, announces it partnership with Uber Egypt, allowing...

Investment car Rental

Regional

Seedstars announces $100m fund to invest in African tech startups

Source: Ventureburn Emerging markets startup competition Seedstars yesterday announced it would launch a $100-million...

fund Investment africa

Regional

Property Finder becomes largest shareholder in Turkish real estate portal

Source: The National Property Finder increased its stake in Turkish property marketing website Zingat to almost 40 per cent from 17 per...

Expansion Stake Investment

Egypt

Egypt’s Brimore raises $800,000 in seed fund

Source: Menabytes Cairo-based direct-selling distribution platform Brimore has raised $800,000 in a seed funding round, the startup...

Distribution manufacturing Investment

U.A.E

Fodel raises $2.6 million in pre-Series A

Dubai-based last mile delivery startup Forward Delivery (Fodel), has raised $2.6 million in a pre-series A round from multiple investors...

Logistics Last mile delivery

Turkey

Turkey-based Prisync acquires Spotlite

Prisync, a provider of competitor price tracking in the e-commerce market has acquired its Australia-based competitor Spotlite. The...

E-commerce Prices Tracker

Egypt

Egyptian e-sports company GBarena raises seed funding

Source: Menabytes Giza-based esports and gaming community GBarena has raised seed funding from HIMangel, the startup announced today....

E-sports Investment

U.A.E

UAE's The Modist secures investment from Farfetch and Nicola Bulgari

Source: Harper's Bazaar Luxury e-tailers The Modist, who already counts Vaultier7 and Chalhoub Group as investors, has...

modest fashion E-commerce

Palestine

Ibtikar Fund invests in Receet

Palestine’s Ibtikar Fund announced its investment in Receet, a mobile application that provides digital receipts in business...

fund Investment digital

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