Saudi Arabia Saudi-based biotech startups raise $10 million Saudi-based biotechnology (biotech) startups incubated by Badir Biotech Incubator, under the Badir Program raised close to $10 million... News • 04 March, 2019 biotech Investment Funding
U.A.E Dubai-based Beehive raises $4 million Source: Menabytes Dubai-based peer to peer lending platform Beehive has raised $4 million as part of its Series B round from Riyad... News • 04 March, 2019 Fintech Funding Investment
Saudi Arabia Nana raises $6 million in Series A round Saudi Arabia-based e-grocery platform Nana has closed a $6 million Series A round of investment, led by Middle East Venture Partners (MEVP)... News • 28 February, 2019 Series A e-grocery
Regional Emaar fully acquires Namshi Dubai’s Emaar Malls has fully acquired e-commerce retailer Namshi. This follows acquiring the remaining stake of Global... News • 25 February, 2019 ecommerce Retail Fashion
Kuwait Kuwait-based Faith Capital announces $8 million investment in JustClean Source: Menabytes Kuwait-based Faith Capital has announced an investment of $8 million in JustClean, a Kuwaiti laundry startup it had... News • 25 February, 2019 on-demand laundry Investment
Kuwait Kuwait-based Jumla Club raises pre-Series A Source: Menabytes Kuwait-based B2B food and beverage platform Jumla Club has raised seven-figure pre-Series A, the startup... News • 25 February, 2019 f&b pre-Series A
Egypt Trella raises more than $600,000 in pre-seed investment Source: Menabytes Cairo-based trucking marketplace Trella has raised over $600,000 in a pre-seed funding round led by Algebra Ventures... News • 24 February, 2019 pre-Seed trucking Shipping
Kuwait Nalbes raises $2 million Kuwait-based e-commerce platform Nalbes has secured $2 million in its Series B round of funding, led by a group of existing and new... News • 22 February, 2019 E-commerce Fashion
Saudi Arabia Golden Scent closes new round of investment Saudi Arabia-based e-commerce platform Golden Scent has closed a new round of investment, the company announced, without disclosing the... Wamda • 22 February, 2019 news E-commerce Golden Scent
Kuwait Deliveroo launches in Kuwait with 900 restaurants Source: Arabian Business Deliveroo, the delivery service founded in 2013 by William Shu and Greg Orlowski, has announced its launch in... News • 20 February, 2019 food Delivery Expansion
Egypt E-commerce venture Noon expands operations to Egypt Source: Arabian Business Noon, the e-commerce venture operating in the UAE and Saudi Arabia, on Tuesday announced its expansion into... News • 19 February, 2019 E-commerce Expansion
Saudi Arabia Mad'a invests in Family Souk Ventures Source: Saudi Gazette Mad’a Investment Company, a private equity & venture capital firm headquartered in Riyadh, Saudi Arabia,... News • 19 February, 2019 Investment E-commerce
U.A.E Dubai-based Mile raises seed funding Source: Menabytes Dubai-based delivery and logistics management platform Mile has raised seed funding in a round led by Saudi VC Riyad... News • 19 February, 2019 Seed funding Delivery Logistics
Egypt GoodsMart secures funding from Algebra Ventures in pre-Series B Egypt-based e-grocery company GoodsMart announced that it has secured funding in a pre-Series B round from Algebra Ventures. This... News • 18 February, 2019 Funding Pre-Series B E-commerce
Kuwait How did Kuwait produce some of the Middle East’s largest exits? Out of all the markets that comprise the GCC, Kuwait rarely attracts the same level of interest or attention as its more dominant... Triska Hamid • 18 February, 2019 talabat Carriage entreprenership
Lebanon Feel22 raises Series A Source: MENAbytes Lebanese beauty ecommerce startup has raised a Series A funding round, the startup announced in a statement... News • 17 February, 2019 ecommerce ecommerce middle east beauty products
Kuwait Kuwait-based online coffee marketplace Cofe raises $3.2m Pre-Series A Source: Menabytes Kuwait-based Cofe has raised $3.2 million in Pre-Series A funding for its coffee-centric marketplace app, the... News • 14 February, 2019 Investment Coffee marketplace
Saudi Arabia Saudi startup GetMuv raises $1.5 m to connect users with gyms and sports clubs Source: Menabytes Jeddah-based fitness startup GetMuv has raised $1.5 million investment from Saudi Aramco’s venture capital arm,... News • 12 February, 2019 Investment fitness Sports
Tunisia Tunisian doctor booking platform Med.Tn raises over $650,000 Source: Menabytes Tunisian doctor booking platform Med.Tn has raised little over $650,000 (2 million Tunisian Dinars to be precise) in... News • 10 February, 2019 Investment Doctor online
U.A.E Dubai-based MEVP closes additional $65m in commitments Source: Menabytes Dubai-based Middle East Venture Partners has closed additional $65 million in commitments for its latest... News • 10 February, 2019 news Investment funds
U.A.E Dubai South to invest $545m in new e-commerce zone Source: The National State-developer Dubai South said on Monday it aimed to spend Dh2 billion ($545 million) to build an e-commerce free... News • 06 February, 2019 E-commerce uae Free Trade
Bahrain The expert’s view: How to attract seed funding in Bahrain Areije Al Shakar, senior vice president and head of development services division at Bahrain Development Bank, reveals what Venture Capital... Alicia Buller • 07 February, 2019 Investment Venture Capital VC funding
Regional GetJenny raises $2.3m from Dubai Angel Investors Source: Menabytes Helsinki-based customer service-focused bot building platform GetJenny has raised $2.3 million (€2 million) as... News • 05 February, 2019 Expansion MENA AI
Jordan Amman based Oasis500 announces partial exit from Little Thinking Minds Source: Menabytes Amman-based accelerator and seed investor Oasis500 has announced partial exit from Jordanian edtech startup Little... News • 04 February, 2019 EdTech Jordan Exit