Wamda

U.A.E

The Giving Movement raises $15 million to back expansion

The Giving Movement, a UAE-based direct-to-consumer (D2C) sustainable fashion brand, has raised a $15 million Series A round, led by...

The Giving Movement

Saudi Arabia

Saudi C2C marketplace Soum raises $4 million Seed round

Saudi Arabia-based re-commence marketplace Soum, has raised $4 million in Seed funding, led by Outliers Venture Capital and Mazen...

Soum recommence markteplace

U.A.E

UAE's Kamel Pay raises $1 million pre-Seed round

UAE-based fintech Kamel Pay, has raised $1 million in a pre-Seed round, led by Hussain Al Qemzi, former group CEO of Noor Bank and...

Kamel Pay

Saudi Arabia

Saudi Qawafel raises $3 million Seed round

Saudi Arabia-based marketplace Qawafel, has raised a $3 million Seed round, co-led by AlSayed Group and Khwarizmi Ventures, in addition...

Qawafel AlSayed Group Khwarizmi Ventures

Morocco

Morocco’s Guichet.com raises $309,000

Morocco-based digital ticketing platform Guichet.com, has received $309,000 (MAD3 million) equity financing from the 212 Founders...

Guichet Digital ticketing

Egypt

Bosta expands to KSA after raising pre-Series B round

Egypt-based e-commerce delivery solutions provider Bosta, has announced its expansion to Saudi Arabia after completing an undisclosed...

Bosta

Egypt

Egypt’s Nexta secures $2.2 million pre-Seed round

Egypt-based fintech Nexta has raised a $2.2 million pre-Seed funding round, led by Disruptech with participation from some international...

Nexta Fintech Disruptech

Egypt

Shatablee raises $1.2 million for its interior design platform

Shatablee, an Egypt-based interior design and home renovation startup, has raised $1.2 million to accelerate its expansion in its home...

Shatablee

Sudan

249Startups launches Sudan’s first equity fund Rhino Investments

Sudan-based innovation hub 249Startups has launched an equity fund “Rhino Investments” to boost the Sudanese entrepreneurial...

249Startups Rhino Investments acceleration

Global

Wamda portfolio Insider achieves unicorn status after $121 million Series D round

Turkey-founded and Singapore-based marketing platform Insider, has closed a $121 million Series D led by Qatar Investment Authority,...

Insider Unicorn

Tunisia

Wattnow raises $1.3 million in pre-Series A round

Tunisia-based IoT energy management solution Wattnow, has closed a $1.3 million pre-Series A funding round, led by Katapult Climate and...

Wattnow energy efficiency

Regional

Mena startups raised $375 million in February 2022

Startups in the Middle East and North Africa region (Mena) raised $375 million across 81 deals in February 2022, a 51.6 per cent increase...

investments

U.A.E

Wamda participates in Dukkantek's $5.2 million Seed round

UAE-based Dukkantek has raised $5.2 million in a Seed funding round, led by Global Founders Capital, with participation from Colle...

Dukkantek Store Management

Bahrain

Dallaspresso raises $212,000

Bahrain-based direct-to-consumer coffee and tea brand Dallaspresso, has raised $212,000 from Hope Ventures, the investment arm of Hope...

Egypt

Egypt’s Naqla raises $10.5 million pre-Series A

Egypt-based logistics platform Naqla, has raised $10.5 million in a pre-Series A round led by El Sewedy Capital Holding (SCH), Hassan...

Naqla freight

U.A.E

AHOY raises $20 million

UAE-based logistics startup AHOY has raised $20 million in a fresh funding round from undisclosed investors. Founded in 2018 by Jamil...

AHOY

U.A.E

tabby raises $54 million from Sequoia Capital India and STV

UAE-based buy now pay later (BNPL) tabby, has raised $54 million led by Sequoia Capital India and STV, with additional participation...

Tabby BNPL Fintech

Egypt

Chefaa secures undisclosed venture round

Egypt-based healthtech Chefaa has raised an undisclosed venture round from Newtown Partners and Global Brain as well as GMS Capital...

Newtown Partners Chefaa Global Brain

Iraq

Iraqi edtech IoT-Kids raises five-figure investment

Iraq-based edtech IoT-Kids has raised a five-figure investment from Earthlink Telecommunications through the Iraqi Angel Investors...

IoT-Kids EdTech

Saudi Arabia

Saudi proptech Aqarito raises $767,000 in crowdfunding round

Saudi Arabia-based proptech Aqarito has raised $767,000 in a crowdfunding round, through the Scopeer crowdfunding platform. Founded in...

aqarito Proptech

Morocco

Chari acquires Axa Credit for $22 million

Morroco-based B2B e-commerce startup Chari, has acquired Axa Credit, the credit line of Axa Assurance, in a deal worth $22...

Chari

U.A.E

UAE’s Mindshift Capital takes part in Rebel Girls’ $13 million round

UAE-based VC Mindshift Capital, has taken part in the $13 million funding round of US-based edtech Rebel Girls, alongside other VCs...

Mindshift Capital Rebel Girls

Saudi Arabia

Deal App raises $2.4 million pre-Series A round

Saudi Arabia-based proptech Deal, has raised $2.2 million in pre-Series A funding led by Alsoliman Real Estate, Wallan Group, Salem...

Proptech Deal app

U.A.E

Pluto raises $6 million Seed round

UAE-based fintech Pluto announced its emergence from stealth mode with a $6 million Seed round, led by Global Founders...

Pluto

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