Global KBW Ventures invests in US-based Back to the Roots UAE-based KBW Ventures, the venture capital (VC) firm founded by Prince Khaled bin Alwaleed, has participated in US-based startup gardening... Wamda • 22 October, 2020 KBW Ventures Back to the Roots Organic Food
Egypt Foundations Ventures launches early-stage fund, invests in 4 startups Egypt-based venture capital firm (VC) Foundation Ventures has launched an early-stage fund to back Egyptian startups, offering investments... Wamda • 21 October, 2020 Foundation Ventures HOF Capital early stage
Bahrain Halcyon, AWS launch tech incubator for female founders in Middle East Source: Washington Business Journal D.C.’s Halcyon, known for its flagship social entrepreneurship incubator in Georgetown,... News • 21 October, 2020 Amazon Incubator Female founders
Jordan Aumet acquires Uniorders Jordan-born healthcare marketplace Aumet, has acquired its compatriot healthcare startup Uniroders. Launched in 2015 by Yehya Aqel,... Wamda • 20 October, 2020 healthtech Aumet Uniroders
Iraq More investment, better regulations needed in Iraq Iraq’s entrepreneurial ecosystem is gradually shaping up and evolving into a welcome landscape for innovation. While the... Dunya Hassanein • 20 October, 2020 Five One Labs Iraqi ecosystem Miswag.net
U.A.E ArabyAds acquires AdFalcon Dubai-headquartered online advertising startups (adtech) ArabyAds, has acquired Dubai-based advertising and data platform... Wamda • 19 October, 2020 ArabyAds AdFalcon mobile advertising
Global UAE's Amanat invests in US-based BEGiN Source: Gulf Business Dubai’s education and healthcare investment firm Amanat Holdings has made a Dhs18.4m ($5m) investment in... News • 19 October, 2020 Amanat Holdings EdTech
Lebanon JGroup invests $15 million in Dubai-based FoxPush Source: Khaleej times JGroup, a Lebanon-based holding company with a vast portfolio of subsidiaries across the Middle East, Europe,... News • 18 October, 2020 FoxPush JGroup Advertising
Egypt MARJ3 secures seed funding Cairo-based education technology (edtech) platform MARJ3 has raised a seed investment round led by Expert DOJO, US-based investment firm,... Wamda • 14 October, 2020 EdTech MARJ3 Seed funding
U.A.E Emirates Angels Investors Association launched Source: Trade Arabia To boost the UAE economy’s competitiveness, a group of young investors has launched the... News • 14 October, 2020 Emirates Angels Investors Association entrepreneurship UAE's economy
Regional Google launches accelerator for startups in Mena Google is launching a new accelerator programme for startups in the Middle East and North Africa (Mena). The three month programme will... News • 14 October, 2020 Google accelerator
Global Hub71, Bpifrance set to unlock funding opportunities for startups Source: WAM Hub71, Abu Dhabi’s global tech ecosystem powered by Mubadala Investment Company, has forged a strategic partnership... News • 12 October, 2020 Hub71 Bpifrance Funding
Pakistan Retailo raises $2.3 million pre-seed Saudi Arabia-based e-commerce platform Retailo, has raised $2.3 million in a pre-seed round, led by Shorooq Partners, with participation... Wamda • 12 October, 2020 Retailo Shorooq Partners B2B marketplace
Regional New VC fund to invest $60 million in 120 Mena startups The former managing partners of 500 Startups Mena (500 Falcons) Sharif El-Badawi and Hasan Haider have launched a new venture capital... News • 12 October, 2020 Venture Capital Plus Venture Capital
U.A.E Sweetheart Kitchen CEO leads its €15 million Series C round Dubai-based cloud kitchen operator Sweetheart Kitchen, today announced the raise of €15 million ($17.7 million) in Series C funding, a... News • 11 October, 2020 cloud kitchen Series C
Egypt NowPay raises $2.1 million seed Cairo-based financial technology (fintech) startup NowPay, has raised $2.1 million in a seed investment round led by Foundation Ventures... Wamda • 11 October, 2020 NowPay Fintech Emerging Markets
Egypt dreevo launches in Egypt after raising pre-seed investment Egypt-based last mile delivery startup dreevo has launched its operations after raising a six-digit pre-seed investment from EF Logistics,... News • 08 October, 2020 Last mile
Jordan IQRA’A raises pre-seed investment Amman-based educational technology (edtech) startup IQRA’A Audiobooks, has raised $150,000 in a pre-seed funding round. Founded in... Dunya Hassanein • 07 October, 2020 IQRA'A audiobooks EdTech online learning
Kuwait Floward raises $2.75 million Kuwait-based flower and gift delivery service Floward has raised a $2.75 million investment round led by Saudi Arabia’s Impact46 with... News • 07 October, 2020 Floward abdulaziz alloughani Impact46
Egypt Milango raises seed investment Egypt-based community management solution provider Milango, has raised an undisclosed six-figure seed funding in a round led by A15 and... Wamda • 06 October, 2020 Milango A15 Real Estate
Regional Forty per cent of Arab youth plan to start own business Frustration with struggling economies, government corruption and lack of job opportunities is pushing young Arabs towards entrepreneurship... Wamda • 06 October, 2020 Arab youth entrepreneurship E-commerce
Tunisia GOMYCODE raises $850,00 pre-Series A round with participation from Wamda Wamda has participated in Tunisia-based edtech startup GoMyCode’s $850,000 in a pre-Series A investment round. The investment... Wamda • 06 October, 2020 GoMyCode Tunis EdTech
Egypt Flick raises $1 million pre-seed investment Egypt-based peer-to-peer (P2P) financial technology (fintech) startup Flick, has raised a $1 million a pre-seed funding round from an angel... Wamda • 04 October, 2020 Flick money transfer Fintech
Algeria temtem launches its super app Algeria-based mobility startup temtem has launched its super app, temtem one. Founded in 2017 by Kamel Haddar, the app first started off... Wamda • 04 October, 2020 Superapp temtem Halan