U.A.E COTU Ventures launches $54 million fund to back early-stage startups UAE-based early-stage VC firm COTU Ventures launched a $54 million inaugural fund, which aims to support startups in the Middle East... News • 28 February, 2024 COTU Ventures
Egypt Egyptian fintech MoneyHash closes $4.5 million Seed round US-based Egyptian fintech MoneyHash has raised a $4.5 million Seed funding round, co-led by COTU Ventures and Sukna Ventures, with... News • 27 February, 2024 MoneyHash
Bahrain Glamera secures $350,000 investment through Beban TV show During participation in the Beban TV show, Saudi Arabia-based SaaS platform Glamera raised a $350,000 investment from Hope Ventures, the... News • 27 February, 2024 Glamera Beban Hope Ventures
Egypt Acasia Ventures invests in Kenya’s tappi Egypt-based venture capital firm (VC) Acasia Ventures has joined a $1.5 million pre-Seed funding round for Kenyan e-commerce enabler... News • 27 February, 2024 tappi Acasia Ventures
Saudi Arabia CoreVision acquires VeFund to boost startup ecosystem Saudi Arabia-based investment firm CoreVision has acquired a strategic stake in the Mena-focused investment management... News • 27 February, 2024 CoreVision VeFund
U.A.E Social app Hayi raises undisclosed Seed round UAE-based social networking app Hayi has secured an undisclosed amount in a Seed round from Plus VC, with participation from other... News • 27 February, 2024 Hayi
Egypt UAE to invest $35 billion in Egypt’s Ras El-Hekma Abu Dhabi’s investment and holding company, ADQ, has inked a deal with the Egyptian government to invest $35 billion in the... News • 24 February, 2024 Ras El-Hekma ADQ North Coast
U.A.E Edtech Thiqa Tutoring raises $300,000 during Beban TV show UAE-based edtech Thiqa Tutoring has raised a $300,000 investment from Hope Ventures, the investment arm of Bahrain’s Hope Fund,... News • 20 February, 2024 Thiqa Tutoring Beban Hope Ventures
U.A.E DFDF joins Partech Africa II's $300 million second close The UAE's Dubai Future District Fund (DFDF) has participated in the second close of pan-African fund Partech Africa II at $300... News • 19 February, 2024 Partech Africa II Fund Partech africa
Saudi Arabia PhysioHome wraps up undisclosed Seed round Saudi Arabia-based healthtech PhysioHome has wrapped up a Seed round for an undisclosed value, backed by unnamed angel... News • 19 February, 2024 PhysioHome healthtech
U.A.E The Cloud raises $12 million Series B, acquiring UK's KBOX UAE-based cloud kitchen The Cloud has raised $12 million in funding from MENA Moonshots as part of the $30 million Series B it is trying... News • 19 February, 2024 The Cloud foodtech cloud kitchen
U.A.E GameCentric secures $1.5 million in funding UAE-based gaming platform GameCentric has raised $1.5 million in capital from angel investor, Bilal Merchant. Founded in 2023 by... News • 19 February, 2024 GameCentric Gaming Web 3.0
Saudi Arabia PIESHIP raises undisclosed pre-Seed round Saudi Arabia-based logistics startup PIESHIP has closed an undisclosed pre-Seed investment round by SEEDRA Ventures, Nama Ventures, and... News • 19 February, 2024 PIESHIP Nama Ventures Seedra Ventures
U.A.E Exverse lands $3 million investment UAE-based Web3 gaming platform Exverse, has raised a private funding round of $3 million, led by Cogitent Ventures, Cointelligence, and... News • 16 February, 2024 Exverse Gaming Web3
Bahrain Right Calories, Motolines raise $347,000 investment during Beban TV show During the Beban TV show, two startups based in Bahrain, Right Calories and Motolines, secured a total investment of $347,000 from Hope... News • 14 February, 2024 Right Calories Motolines Hope Ventures
Morocco Logistics startup Logidoo secures $1.55 million investment Pan-Africa logistics startup Logidoo has raised $1.55 million in investment, led by Maroc Numeric Fund II (Morocco), 216 Capital... News • 13 February, 2024 Logidoo Logistics Maroc Numeric Fund II
Lebanon Women-led VC firm Globivest completes first close of first fund Lebanon-based venture capital (VC) firm Globivest has achieved its first closing for an undisclosed sum. Founded in 2016 by Jasmine... News • 12 February, 2024 Globivest Venture Capital
U.A.E UAE fintech Kema raises $2 million pre-Seed UAE-based fintech Kema has raised a $2 million pre-Seed round, led by Speedinvest with participation from the Dubai Future District Fund... News • 13 February, 2024 Kema Fintech
Jordan ISSF pledges $5 million for MSA Novo's Mena fund Jordan-based Innovative Startups and SMEs Fund (ISSF) has invested $5 million in the Mena-focused fund, MSA Novo. Founded in... News • 12 February, 2024 MSA Novo ISSF
Iraq Iraqi fintech Wayl raises $150,000 pre-Seed round Iraq-based fintech Wayl, has secured $150,000 in pre-Seed funding from EQIQ Ventures. Founded in 2021 by Ali Ismail, Wayl serves as a... News • 09 February, 2024 Wayl Fintech EQIQ Ventures
Regional Mena startups raised $86.5 million in January 2024 This year has kicked off with a relatively modest funding raise of $86.5 million across 33 deals, a 34 per cent decrease year on year.... Wamda • 08 February, 2024 Investment
U.A.E Dubbing platform CAMB.AI raises $4 million seed UAE-based AI dubbing startup CAMB.AI has raised $4 million in a Seed funding round led by Courtside Ventures, along with TRTL Ventures,... News • 07 February, 2024 CAMB.AI AI Dubbing
Kuwait Kuwait’s Bookr raises Bridge round from Plus VC Kuwait-based SaaS-enabled marketplace for beauty services, Bookr, has raised a bridge round at an undisclosed amount from Plus... News • 06 February, 2024 Bookr Beauty marketplace
U.A.E The Digital Hotelier closes $1 million Seed round UAE-based traveltech The Digital Hotelier, has closed a Seed round of $1 million from the Silicon Valley-based VC firm Plug and Play,... News • 05 February, 2024 Hope Ventures Beban the Digital Hotelier