Wamda

U.A.E

Fanzword secures $1.2 million pre-Seed led by XVC Tech

UAE-based e-sports startup Fanzword has raised a $1.2 million pre-Seed round led by XVC Tech and other regional angel...

Fanzword XVC Tech

U.A.E

Zero Carbon Ventures closes $5 million Seed investment

UAE-based cleantech Zero Carbon Ventures has raised a $5 million Seed funding round, from Emirati businessman and member of Dubai's...

Zero Carbon Cleantech

U.A.E

Web3 startup Cultos Global secures new funding

UAE-based Web3 startup Cultos Global, has raised an undisclosed investment round from the founder and CEO of Boat Sameer Mehta, founder...

Cultos Global Web 3.0

U.A.E

Fuze closes $14 million Seed round

UAE-headquartered digital assets infrastructure provider Fuze, has raised a $14 million Seed round, led by Abu Dhabi-based Further...

Fuze Further Ventures

Jordan

Jordan’s DigiZag raises Series A funding

Jordan-based digital advertising and performance marketing startup DigiZag, has secured a seven-figure Series A funding round from the...

DigiZag Marketing SME Investment Fund

U.A.E

DIEZ launches innovations accelerator in partnership with MIT

Dubai Integrated Economic Zones Authority (DIEZ) has partnered with the Massachusetts Institute of Technology (MIT) to launch the MIT...

MIT

Saudi Arabia

Wa’ed Venture co-leads Mighty Buildings’ $52 million Series B round

Saudi Arabia’s Wa’ed Venture, the VC arm of Aramco, has co-led a $52 million Series B round in the US-based...

Wa'ed Vnetures Aramco Mighty Buildings

Saudi Arabia

SVC invests $5 million in VentureSouq’s fintech fund

UAE-based VentureSouq has raised $5 million from Saudi Venture Capital (SVC). The investment will go towards VentureSouq’s...

VentureSouq SVC Fintech

Saudi Arabia

Logistics startup Equiptal raises $1 million to fuel growth

Equiptal, a Saudi-Arabia-based logistics startup, has raised a $1 million pre-Seed round from Plug and Play Middle East and a group of...

Equiptal

Saudi Arabia

Barakah raises $1.5 million Seed round for its food waste solution

Saudi Arabia-based foodtech startup Barakah has raised a $1.5 million Seed round led by Hambro Perks Oryx Fund, with participation from...

Barakah

U.A.E

GAM3S.GG raises $2 million Seed round

UAE-based Web3 gaming platform GAM3S.GG, has closed a $2 million Seed funding round, led by Mechanism Capital with the participation...

GAM3S.GG Gaming

Regional

Mena startups raised $101 million in August 2023

Startups in the Middle East and North Africa region (Mena) raised $101 million across 26 deals, a six per cent increase month-on-month in...

investments

U.A.E

Pulsar Capital acquires controlling stake in TruDoc

Pulsar Capital has acquired a majority stake in UAE-based healthtech TruDoc. Founded in 2011 by Raouf Khalil, TruDoc is a telehealth...

TruDoc Pulsar Capital healthtech

U.A.E

myZoi raises$14 million, obtains regulatory licences

UAE-based fintech myZoi has raised $14 million from SC Ventures and SBI Holdings. Founded in 2022 by Christian Buchholz and Syed...

myZoi SC Ventures Fintech

Egypt

ariika raises Series A round from Beltone for 20 per cent stake

Egypt-based home décor e-commerce platform ariika has closed a Series A equity funding round, secured from Beltone Venture...

ariika Beltone E-commerce

Morocco

Moroccan edtech Smartprof raises investment from Fuze

Morocco-based edtech Smartprof has raised investment from Fuze. The amount raised was undisclosed. Founded in 2018 by Homza Faiz and...

SmartProf EdTech Fuze

Egypt

Egypt’s Sehatech raises $850,000 in funding

Egypt-based health insurtech Sehatech has raised a $850,000 round from A15 and Beltone Venture Capital, a subsidiary of Beltone Holding...

Sehatech Insurtech

Kuwait

Kuwaiti fintech Kem raises $1 million pre-Seed round

Kuwait-based fintech Kem has raised a $1 million pre-Seed round from a group of investors led by Maqamees Holdings. Founded in 2021 by...

Kem Fintech p2p

Egypt

HEDG raises six-figure pre-Seed round

Egypt-based fintech HEDG has raised a six-figure pre-Seed funding round from undisclosed investors based in Egypt and Saudi...

HEDG Fintech

U.A.E

UAE’s Lyvely raises Seed round from Cypher Capital

UAE-based Lyvely has raised a Seed round from early-stage VC firm, Cypher Capital. As part of the transaction, Bijan Alizadeh,...

Cypher Capital

Saudi Arabia

Rewaa closes $27 million Series A round led by Wa'ed

Saudi Arabia-based full-stack inventory management platform Rewaa has raised $27 million (SAR100 million) in a Series A funding round,...

waaed STC Ventures Rewaa

U.A.E

Maly secures $1.6 million pre-Seed to speed up GCC expansion plans

UAE-based fintech MALY has raised $1.6 million in pre-Seed funding from a group of regional angel investors. Established in 2022 by Mo...

Maly Fintech

Morocco

Moroco’s SLE3TI raises funding from Cash Plus VC Fund

Morocco-based SLE3TI has raised fresh funding from the Cash Plus VC Fund, the corporate venture capital arm of financial technology...

Sl3ti

Tunisia

Tunisian contech SeekMake raises $539,000 to accelerate global expansion

Tunisia-based contech startup SeekMake has raised $539,000 round led by European private equity firm, Lafayette Group, with support from...

SeekMake

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