Wamda

U.A.E

Hub71 launches platform to expand capital access to startups from regional family offices

Abu Dhabi-based global tech ecosystem Hub71, has launched a new platform that seeks to facilitate access to capital for startups and...

Hub71

United States

Classera raises $40 million Series A round led by Sanabil

US-based and Mena-focused edtech Classera, has raised $40 million in a Series A round, led by Sanabil Investments and joined by Global...

Classera Sanabil Investments EdTech

U.A.E

Data startup Lune raises $850,000 pre-Seed round

UAE-based data startup Lune, has raised $850,000 in a pre-Seed round led by Dubai Future District Fund (DFDF), Flat6Labs, and an...

Lune

U.A.E

EMPG raises $200 million funding, eyeing IPO listing

UAE-based EMPG, which owns dubizzle and Bayut, has raised a $200 million in a round led by US-based Affinity Partners, with new funding...

EMPG Dubizzle Bayut

Egypt

B2B marketplace Unlock raises fresh funding

Egypt-based B2B marketplace for professional services UNLOCK, has raised a six-figure round led by UI Investments along with a group of...

Unlock

Saudi Arabia

Saudi Telecom Company commits additional $300 million to VC firm STV

Saudi Telecom Company (STC) has committed an additional $300 million to Saudi venture capital firm STV, on top of an earlier investment...

STC STV Venture Capital

Lebanon

Lebanon’s IM Ventures launches second fund

Lebanon-based VC firm IM Ventures has launched a $12 million fund under the USAID Lebanon Investment Initiative (LII) to support...

IM Ventures Insure and Match Ventures USAID

U.A.E

BitOasis partners with Mastercard to launch crypto-linked cards

UAE-based cryptocurrency trading platform BitOasis, has partnered with Mastercard to launch crypto card programmes. The new...

BitOasis MasterCard crypto

Global

Modus Capital acquires Agile Ventures

US-based Modus Capital has acquired Saudi Arabia-based startup venture builder Agile Ventures. The value of the transaction remains...

Modus Capital

U.A.E

Aliph Capital secures $125 million investment from ADQ

UAE-based private equity firm Aliph Capital has secured a $125 million investment for its maiden fund, Aliph Fund I (LP), from Abu...

Aliph Capital ADQ

U.A.E

MBRIF provides $680,000 guarantee to Avani Eco

UAE-based cleantech Avani Eco Middle East has been granted a guarantee of $680,000 in funding support from the Mohammed Bin Rashid...

MBRIF Avani Eco

Saudi Arabia

UAE's Seafood Souq secures $500,000 from FII

UAE-based Seafood Souq, has raised $500,000 from The Future Investment Initiative (FII) Institute. The announcement was made at the...

Seafood Souq

Saudi Arabia

Thatek raises $532,000 for its self-development platform

Saudi Arabia-based self-development platform Thatek, has raised a SAR 2.2 million ($532,000) Seed round through local crowdfunding...

Thatek

Egypt

Egypt’s Seqoon raises $500,000 pre-Seed round

Egypt-based proptech Seqoon, has raised $500,000 in a pre-Seed round through Banque Misr’s pilot programme to support startups in...

Seqoon real esate Proptech

Saudi Arabia

Tachyon raises $1.6 million pre-Seed round

Saudi Arabia-based B2B logistics platform Tachyon, has raised a $1.6 million pre-Seed round from undisclosed investors. Founded in...

Tachyon Logistics

Egypt

KarmSolar secures $2.4 million funding from QNB ALAHLI

Egypt-based cleantech KarmSolar has secured $2.4 million in funding from Qatar National Bank ALAHLI (QNB ALAHLI), as part of...

KarmSolar solar energy QNB ALAHLI

Kuwait

Kuwaiti fintech Ruba raises pre-Seed round

Kuwait-based fintech startup Ruba, has raised an undisclosed amount in pre-Seed funding. Founded in 2021 by Ameen Nadoom, Fawaz...

Ruba Fintech

Egypt

valU acquires minority stake in fintech Kiwe

Egypt-based fintech valU has acquired a minority stake in the social payment app Kiwe, for an unknown amount. Founded in 2018 in Egypt...

valu Kiwe Fintech

Egypt

MaxAB closes $40 million pre-Series B round

Egypt-based food and grocery B2B e-commerce platform MaxAB, has closed a $40m pre-Series B equity round from Silver Lake, British...

MaxAB b2b E-commerce

Egypt

Egypt’s Nexta raises $3 million for its challenger fintech app

Egypt has a population of over 103 million inhabitants, growing at approximately 2 per cent a year. The enormous growth in population has...

Nexta

Jordan

US Fresh Del Monte invests in Jordanian agritech Decapolis

US-based agriculture company Fresh Del Monte Produce has acquired a 39 per cent stake in Jordanian agritech Decapolis. Founded in 2018...

Fresh Del Monte Decapolis agritech

Egypt

Egypt’s Kenzz raises $3.5 million Seed round

Egypt-based mass e-commerce startup Kenzz, has completed a $3.5 million Seed fundraise led by Outliers Venture Capital, HOF Capital,...

Kenzz Outliers Venture Capital E-commerce

Saudi Arabia

Zid raises $50 million Series B round led by IMPACT46

Saudi Arabia-based e-commerce enabler Zid, has raised $50 million in Series B funding, led by IMPACT46 with participation from new...

Zid Impact46 E-commerce

U.A.E

VUZ raises $20 million Series B investment

UAE-based social app VUZ has raised $20 million in Series B investment, from Caruso Ventures, Vision VC Fund, e& capital, Dubai...

VUZ Social App XR

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