Tunisia Tunisia’s Expensya raises $4.5 million Source: MENAbytes Expensya, a SaaS for expense management, has raised a little over $4.5 million (€4 million) in its latest funding... News • 16 December, 2018 Investment tunisia
Saudi Arabia Saudi's BIAC tries to bridge funding gap for startups The Business Incubators and Accelerators Company (BIAC) has launched a new investment initiative in partnership with VentureSouq to bridge... News • 13 December, 2018 funding gap
Regional Wamda launches new programme for budding entrepreneurs Wamda today announced the launch of a first-of-its-kind fellowship programme, Wamda X. The grant-based offering aims to attract promising... Wamda • 13 December, 2018 wamda Wamda Capital Wamda News
Egypt Wasla raises $180,000 pre-seed Source: Menabytes Cairo-based Wasla has raised $180,000 in pre-seed funding from a group of angel investors led by a Cairo-based... News • 12 December, 2018 #mobile #tech #wasla
Kuwait Kuwait's Agility to invest $100m in Shipa.com Source: The National Agility, one of the largest logistics firms in the region, will invest $100 million in a digital logistics platform... News • 11 December, 2018 Logistics ecommerce
Kuwait Tabeeby Secures $777,000 From Ground One Ventures Kuwait-based social health network Tabeeby secured $770,000 in investment from Ground One Ventures, a UK-based private investment... Yasmeen Nabil • 10 December, 2018 #healthcare #Kuwait #investment
Jordan Little Thinking Minds raises $1.26 million in Series A Jordan-based Little Thinking Minds has raised $1.26 million in a Series A round led by Egypt’s Algebra Ventures with participation... Triska Hamid • 09 December, 2018 EdTech Education Series A
Egypt Saudi’s Vision Ventures invests in Cairo-based bus booking startup Buseet Source: MENAbytes Khobar-based Vision Ventures has invested in Egyptian bus booking startup, the firm announced today, without... News • 06 December, 2018 cairo Buseet ride hailing
Egypt Careem launches bus service in Cairo Careem has launched a new service, Careem Bus, with an initial launch in Cairo in a separate application from its ride-hailing... Yasmeen Nabil • 03 December, 2018 careem travel tech ride hailing
Egypt Egypt’s Halan raises multi-million Series A Source: MENAbytes Cairo-based Halan has raised a multi-million Series A round from international investor Battery Road Digital Holdings... News • 03 December, 2018 Series A Investment
Saudi Arabia Gathern closes undisclosed seed round Gathern, a Saudi Arabia-based booking platform for chalets and villas, has closed its seed round investment by a group of local and... News • 02 December, 2018 bookings seed fund seed investment
Regional Careem introduces credit transfer Careem has introduced peer-to-peer (P2P) prepaid credit transfers across all its markets. The closed-loop feature enables users to... News • 28 November, 2018 careem
Kuwait Kuwait launches fintech sandbox Source: Reuters Kuwait’s central bank has issued regulatory guidelines for companies wishing to experiment with new financial... News • 28 November, 2018 Fintech kuwait
U.A.E CE-Ventures acquires stake in Transcorp CE-Ventures, the corporate venture capital arm of UAE-based Crescent Enterprises, announced on Monday that it has acquired a... Yasmeen Nabil • 26 November, 2018 investement Logistics
U.A.E Property Finder raises $120 million Source: Reuters Private equity firm General Atlantic has led a $120 million investment and acquired a minority stake in Middle East real... News • 26 November, 2018 propertyfinder real esate private equity
U.A.E Majid Al Futtaim acquires mobile wallet app Beam Source: Gulf Business Dubai-based mall operator Majid Al Futtaim has acquired Beam Portal, the owner of UAE mobile wallet app, Beam, it... News • 21 November, 2018 Fintech mobile payment Dubai
U.A.E HolidayMe raises $16 million Series C Source: MENAbytes Dubai-based HolidayMe has raised $16 million Series C in a round led by China’s Gobi Partners and joined by... News • 21 November, 2018 Series C ecommerce
Regional GCC fintech startups to attract $2 billion in investments Private-funding investments in GCC-based financial technology (fintech) startups is expected to reach $2 billion in the next decade... Yasmeen Nabil • 20 November, 2018 Fintech Fintech Hive investement
U.A.E Shorooq invests in India's Impact Guru Source: MENAbytes Indian healthcare crowdfunding platform Impact Guru has raised an investment from Shorooq Investments, the Abu-Dhabi... News • 20 November, 2018 Crowdfunding abu dhabi India
Regional The Billion Dollar Fund for Women secures $70 million The Billion Dollar Fund for Women (TBDF), a global consortium that aims to fight the gender funding gap, has secured $70 million to be... Yasmeen Nabil • 19 November, 2018 Women empowerment Women Entrepreneur
Egypt Egypt is building the region's first GEN hub Egypt will host the region’s first Global Entrepreneurship Network (GEN) hub, a physical space designed for the exchange of knowledge... News • 16 November, 2018 Innovation Coworking Spaces
Egypt Fakahany raises $700,000 seed Source: MENAbytes Fakahany, a Cairo based farm-to-door fresh produce e-commerce platform has raised $700,000 in seed funding, the... News • 15 November, 2018 seed fund E-commerce
Kenya Twiga Foods raises $10 million Twiga Foods has announced a $10 million investment led by the World Bank’s International Finance Corporation (IFC) and the Global... News • 15 November, 2018 Twiga Foods Wamda Capital Funding
Saudi Arabia 500 Startups launches accelerator with Misk US-based venture capital (VC) firm 500 Startups has partnered with Saudi Arabia’s Misk Innovation to launch an early-stage... News • 14 November, 2018 accelerator