Wamda

U.A.E

ClearGrid emerges from stealth after closing $10 million dual round

UAE-based fintech ClearGrid has emerged from stealth after raising $10 million in a dual round, pre-seed and...

ClearGrid Fintech Wamda Capital

Tunisia

Tunisia's Juridoc.tn raises investment round to fuel Africa expansion

Tunisia-based regtech Juridoc.tn has raised an undisclosed investment round from Go Big Partners and 216 Capital...

Juridoc.tn regtech Go Big Partners

Egypt

Grinta acquires Citi Clinic aided by strategic investment from Beltone, Raed Ventures

Egypt-based pharma-marketplace startup Grinta has raised an undisclosed funding round from Beltone Venture Capital and Raed...

Grinta healthtech

Egypt

Fawry partners with Contact to broaden BNPL services in Egypt

Press release: Fawry, Egypt's leading fintech company, has signed a strategic agreement with Contact Financial Holding,...

fawry Contact Financial Holding Fintech

U.A.E

KBW Ventures leads PlaysOut's $7 million Seed round

UAE-based gametech PlaysOut has raised $7 million in a seed funding round at a $70 million valuation from investors,...

PlaysOut KBW Ventures gametech

Palestine

Ibtikar Fund invests in Palestine's MENA Analytics

Palestine-based analytics platform MENA Analytics has raised undisclosed funding from Ibtikar Fund. Founded in 2023 by Yousef...

Ibtikar Fund MENA Analytics

U.A.E

ORO Labs secures $1.5 million pre-seed, backed by 468 Capital

UAE-based ORO Labs, a tokenised gold platform, has raised $1.5 million in a pre-seed funding round, led by 468 Capital, with...

ORO Labs 468 Capital

Egypt

PayTabs Group acquires majority stake in PayTabs Egypt

Source: Zawya PayTabs Group has acquired a 51% stake in PayTabs Egypt from EFG Finance, an EFG Holding company, according to a recent...

paytabs

U.A.E

Longetivy Wellness Hub secures $4 million to fuel GCC expansion

UAE-based wellness company Longetivy Wellness Hub has raised $4 million in funding from undisclosed investors. Founded in 2019 by...

Longevity Wellness Hub healthtech

U.A.E

Phoenix Venture completes second closing of its innovation fund

UAE-based VC firm Phoenix Venture Partners has announced the second close of its $50 million Phoenix Venture...

Phoenix Venture Partners

Kuwait

Kuwait's Motery raises undisclosed seed round

Kuwait-based autotech/fintech startup Motery has raised a seed funding round for an undisclosed value at an $8 million...

Motery Fintech autotech

Saudi Arabia

Ajras closes $1.5 million pre-Series A round

Press release: The Saudi proptech startup Ajras has successfully raised a $1.5 million pre-Series A funding round, led by Veda...

Ajras Proptech Veda Holding

U.A.E

KLAIM secures $26 million to boost GCC expansion

UAE-based fintech KLAIM has raised $10 million in a Series A equity funding round led by Mad’a Investments and joined by CDG...

KLAIM Mad’a Investments Fintech

Saudi Arabia

Saudi fashion marketplace Aya raises $1.6 million seed

Saudi Arabia-based e-commerce platform Aya has closed a $1.6 million seed funding round, led by Khwarizmi Ventures, with participation...

Aya Fashion E-commerce

Morocco

Moroccan superapp ORA Technologies secures $1.9 million pre-Series A

Morocco-based superapp ORA Technologies has closed a $1.9 million Pre-Series A funding round led by Witamax & Azur Innovation...

Ora Technologies super app Azur Innovation Fund

U.A.E

Talabat fully acquires InstaShop for $32 million

Kuwait-born and UAE-based q-commerce and foodtech Talabat has completed the acquisition of 100% of instashop from Delivery Hero SE for...

talabat instashop

Regional

LoftyInc Capital secures $43 million first close for its pan-African fund

Press release: LoftyInc Capital Management has secured a $43 million first close for its new LoftyInc Alpha Fund, a late-seed...

LoftyInc Capital LoftyInc Alpha Fund

Bahrain

Foras acquires 36% of Bahraini crowdfunding platform Beban

UAE-based investment firm Foras has acquired a 36% stake in Beban, a Bahrain-based crowdfunding platform, for an undisclosed...

Beban Foras

U.A.E

Capital Haus acquires strategic stake in Equity Story Group

Press release: Capital Haus, a UAE-based financial concierge firm specialising in tailored wealth management for high-net-worth...

Capital Haus Equity Story Group

U.A.E

FanTV secures $3 million Series A to enhance AI tools for creators

UAE-based AI-powered content platform FanTV has raised $3 million in a Series A investment round from Mysten Labs, Cypher...

FanTV Mysten Labs

Egypt

A Ventures raises its stake in Mrkoon to boost expansion plans

Egypt-based waste management platform Mrkoon has raised bridge funding from A Ventures that would increase the fund's stake in the...

A Ventures Mrkoon

U.A.E

BILRS raises funding round from Salica Spring Studios

UAE-based fintech BILRS has raised an undisclosed funding round from Salica Spring Studios, which is backed by Al-Waha Fund of...

BILRS Fintech Salica Spring Studios

Regional

SC Ventures unites with Visa to support MENA SMEs

Press release: SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, has signed a Memorandum of...

Visa SC Ventures

Saudi Arabia

Ula.me closes $28 million Series B to leverage AI capabilities

Saudi Arabia-based edtech ULA.me has raised $28 million in a Series B funding round led by Growth Visions Fund, with participation...

Ula.me EdTech Growth Visions Fund

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you