Wamda

U.A.E

Healthtech KLAIM secures $1.6 million pre-series A round

UAE-based healthtech KLAIM has secured $1.6 million funding in a pre-series A round, led by Mad’a Investments, with participation...

KLAIM healthtech

Saudi Arabia

TruKKer acquires Pakistan’s freight startup TruckSher

Saudi Arabia-based freight network TruKKer has acquired Pakistani startup TruckSher for an undisclosed amount. Founded in 2016 by...

Trukker TruckSher

Saudi Arabia

Water solutions app Moya secures $2 million Seed round

Saudi Arabia-based water solution hub Moya App has secured $2 million in a Seed funding round from MLM Investment company. Launched...

Moya App Drinking Solutions

Saudi Arabia

Saudi edtech Scalers raises $533,000 in Seed round

Saudi Arabia-based e-learning platform Scalers has raised $533,000 in a Seed round led by angel investors from both the recruitment and...

Scalers EdTech

Saudi Arabia

Wa’ed announces $2.7 million budget to support Saudi entrepreneurs during Jubail roadshow

Wa’ed, the entrepreneurship arm of Saudi Arabia’s Aramco, has set aside SAR10.2 million ($2.72 million) in Seed grants and...

Wa'ed Aramco

Regional

Mena startups raised $160 million in August 2021

Startups in Mena raised just shy of $160 million in August across 44 deals, taking the total raised so far this year to $1.78 billion....

investments

Saudi Arabia

Saudi fintech CashIn secures $1.6 million Seed round

Saudi Arabia-based fintech CashIn has secured $1.6 million in a Seed round led by Investor Mine with the participation from BIM V...

Fintech CashIn BIM Ventures

Morocco

Moroccan fintech Lacaisse.ma secures funding from WitaMax

Morocco-based Lacaisse.ma has received funding from WitaMax, the amount raised was undisclosed. Founded in 2016 by Said Belkhayat...

Lacaisse.ma WitaMax

U.A.E

Emaar considers sale of Namshi

Emaar Malls, the retail arm of Dubai-based real estate developer Emaar Properties, is considering selling e-commerce startup Namshi for...

Emaar Malls emaar properties Namshi

Egypt

DIGGIPACKS acquires Egypt's FWRUN

Saudi Arabia-based last-mile delivery and logistics services provider DIGGIPACKS, has acquired Egypt-based e-commerce solutions provider...

DIGGIPACKS ecommerce enablement Logistics

U.A.E

Starzly raises undisclosed Seed funding round

UAE-based media startup Starzly has raised an undisclosed amount in a Seed round from SEEDRA Ventures, 500 Startups and existing...

Starzly Entertaintech

Qatar

Qatar Science and Technology Park invests in Kanari AI

Qatar Science and Technology Park (QSTP) has invested in US-based Kanari AI's $475,000 in pre-Seed funding round. Founded in 2020...

Kanari AI QSTP

Saudi Arabia

Syarah raises $20 million in Series B round

Saudi Arabia-based car marketplace Syarah has secured $20 million in a Series B round co-led by Impact46 and Elm company, with...

Syarah cars

U.A.E

Hala raises $5 million in Series A

Abu Dhabi-based insurtech, Hala, has raised a $5 million funding round led by Entrée Capital, with participation from Mubadala...

uae Insurtech

Saudi Arabia

Saudi Arabia unveils $1.2 billion tech initiatives

Saudi Arabia's Ministry of Communications and Information technology (MCIT) has launched a series of technology initiatives worth...

Fintech Hack MCIT

Saudi Arabia

Influencer marketplace Flicron raises $1.07 million via crowdfunding

Saudi Arabia-based micro-influencer marketplace Flicron has closed its second equity crowdfunding round, worth SAR4 million ($1.07...

Flicron influencer marketplace

Egypt

Egypt's MaxAB acquires Morocco's WaystoCap

Egypt-based B2B marketplace MaxAB has acquired the Morocco-based B2B e-commerce and distribution platform, WaystoCap. MaxAb has...

E-commerce MaxAB waystocap

Morocco

Morocco's Chari.ma acquires fintech app Karny.ma

Morocco-based B2B e-commerce platform Chari.ma has acquired its compatriot fintech app Karny.ma to facilitate mobile...

Chari.ma B2B e-commerce Retail

Kuwait

Kuwaiti beauty platform Bookr closes $1 million Seed round

Kuwait-based startup Bookr has raised $1 million in a Seed funding round led by Desert Ventures. Founded in 2018 by Zaina Al Bader,...

Bookr Beauty booking apps

U.A.E

Alef Hospitality launches innovation lab

Alef Hospitality has launched a hotel innovation lab for UAE-based startups working in the tourism, travel and hospitality...

Tourism Alef Hospitality

U.A.E

Autotech startup Odiggo raises $2.2 million in Seed round

Dubai-based auto-tech app Odiggo has raised $2.2 million in a Seed round, from Y Combinator, 500 Startups and...

Odiggo autotech

Saudi Arabia

Saudi healthtech Clinicy closes pre-Series A round

Saudi Arabia-based healthtech Clinicy has raised a seven-figure pre-Series A round from Mad’a Investment Company. Founded in...

healthtech Clinicy

Egypt

Bidayat acquires stake in Okhtein

Switzerland-based Alsara Investment Group's investment vehicle Bidayat has acquired a stake in Egyptian fashion startup...

Okhtein

Saudi Arabia

Saudi proptech Mabaat raises $2.4 million in Seed round

Saudi Arabia-based proptech Mabaat, has raised $2.4 million in a Seed round led by Derayah Ventures with participation from SEEDRA...

Saudi Arabia مبات

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