Egypt Roboost closes six-figure Seed round Egypt-based delivery management solution Roboost has secured a six-figure Seed round from Falak Startups, AUC Angels, as well as... News • 12 October, 2022 Roboost Flat6Labs Delivery
Egypt FlapKap closes $3.6 million Seed round Egypt-based e-commerce financing platform FlapKap has closed a $3.6 million Seed round from Bolt by QED, Nclude, Outliers, and... News • 12 October, 2022 FlapKap financing E-commerce
Egypt i‘SUPPLY raises $1.5 million pre-Seed round Egypt-based B2B pharma platform i‘SUPPLY has raised a $1.5 million pre-Seed round, led by Disruptech Ventures among other... News • 12 October, 2022 i‘SUPPLY medtech
Oman Mexico’s Kavak merges with Carzaty to expand to GCC Mexico-based pre-owned cars platform KAVAK has expanded its operations to the UAE and Oman by merging with regional player... News • 12 October, 2022 Kavak Carzaty
Egypt Mastercard invests in Egypt's Nclude Egypt-based VC fund Nclude has raised an undisclosed investment from Mastercard, to accelerate Egypt's fintech ecosystem. The... News • 12 October, 2022 Nclude MasterCard Fintech
Egypt Vezeeta raises undisclosed growth funding Egypt-based healthtech Vezeeta has raised an undisclosed amount of growth funding, from Abu Dhabi-based Gulf Capital and Sweden-based... News • 11 October, 2022 Vezeeta Gulf Capital healthtech
U.A.E Five FS closes $3.5 million Seed round UAE-based fintech Five FS has raised $3.5 million in Seed funding led by Romanian VC firm Zeyshare Ventures at a $30 million... News • 11 October, 2022 Five FS Zeyshare Ventures Fintech
Jordan Wafii raises Seed round to launch crypto Cashback platform Jordan-based rewards platform Wafii, has raised an undisclosed amount for its Seed round, led by GMS Ventures & Investments and... News • 11 October, 2022 Wafii Loyalty Programs crypto
U.A.E Mindshift Capital participates in Wellbees’ $2.2 million Seed round UAE-based VC firm Mindshift Capital has taken part in US employee wellness platform Wellbees’ latest $2.2 million Seed funding... News • 10 October, 2022 Mindshift Capital Wellbees HR solutions
Saudi Arabia Saudi Arabia’s anb invests in Cashee’s Series A round Saudi Arabia-based bank anb has participated in UAE-based fintech Cashee’s Series A round. The amount invested was not... News • 09 October, 2022 Cashee ANB financial inclusion
U.A.E Nadeera wins $100,000 grant from PepsiCo UAE-based cleantech Nadeera has won a $100,000 grant as part of PepsiCo’s Greenhouse Accelerator Programme. Founded in... News • 09 October, 2022 Nadeera Pepsico Cleantech
Regional Mena startups raised $173 million in September 2022 Startups in Mena raised $173 million across 51 deals as investment levels continue to decline this year. This marks a 54 per cent drop... Wamda • 06 October, 2022 Investment
U.A.E MoneyGram acquires minority stake in UAE’s Jingle Pay UAE-based fintech Jingle Pay has raised an unknown amount of investment from US firm MoneyGram International, Inc., for a 12 per cent... News • 05 October, 2022 MoneyGram Jingle Pay
Egypt Glamera secures $1.3 million Seed round Egypt-born SaaS startup Glamera, has raised a Seed round of $1.3 million, led by Riyadh Angels Investors (RAI), with participation from... News • 05 October, 2022 Glamera Riyadh Angels Investors E-commerce
Iraq Iraq Angel Investors Network helps local startups raise $1 million in investment Iraq-based incubator KAPITA, has announced that its Iraqi Angel Investment Network (IAIN), has helped six startups to raise more than $1... News • 04 October, 2022 KAPITA IAIN Iraq Angel Investors Network
Regional ZenHR raises $10 million growth round Saudi Arabia-based HR software provider ZenHR, has raised a $10 million growth round, led by Rua Growth Fund with the participation of... News • 04 October, 2022 ZenHR human resources HR solutions
Egypt Algebra Ventures completes first close of second fund at $100 million Egypt-based VC fund Algebra Ventures, has finalised a $100 million first close of its second fund, exceeding the targeted $90 million... News • 04 October, 2022 Algebra Ventures
Egypt CardoO raises $660,000 Seed round Egypt-based IoT devices manufacturer CardoO has raised a $660,000 Seed funding round, led by The Alexandria Angels, with the... News • 03 October, 2022 CardoO IoT The Alexandria Angels
Egypt Gaming platform Cryptyd Inc secures new funding round Egypt-based Cryptyd Inc has secured a new round of funding for an unknown amount from existing and new investors. Founded in 2015 by... News • 02 October, 2022 Cryptyd Inc Gaming
Morocco Morocco’s Chari raises $1 million investment from Endeavor Catalyst Morocco-based B2B e-commerce Chari has raised $1 million from Endeavor Catalyst as part of its Series A funding round. Founded in 2020... News • 02 October, 2022 Chari E-commerce b2b
Saudi Arabia NearPay raises $3.6 million pre-Series A round Saudi Arabia-based fintech NearPay has raised $3.6 million in a pre-Series A funding round, led by Vision Ventures with participation... News • 03 October, 2022 NearPay Softpos
Global oktopi acquires UK edtech Tutor House UAE-based edtech oktopi, has fully acquired UK-based tutoring platform Tutor House. Founded in 2021 by Emilie Thomas and Fadi Abbas,... News • 29 September, 2022 oktopi acquisition EdTech
Morocco Morocco’s BMCE Capital launches $4.5 million fund to support local ecosystem Morocco-based BMCE Capital Investment has launched a $4.5 million VC fund dedicated to financing Moroccan startups at the Seed... News • 28 September, 2022 BMCE Capital Investment VC fund
U.A.E UAE’s Eat App raises $11 million Series B round UAE-based restaurant reservations platform Eat App has closed an $11 million Series B round from MEVP, 500 Startups, Derayah VC, Dallah... News • 28 September, 2022 Eat App foodtech