Wamda

Regional

Google launches cleantech accelerator programme for startups in MEA

Google has announced the launch of a cleantech accelerator programme aimed at startups from across the Middle East and Africa. The...

Google

Egypt

Egypt’s Rology acquires Saudi Arabia-based Arkan United

Egypt-based healthtech Rology has acquired Saudi Arabian counterpart Arkan United. The value of the transaction was not disclosed. The...

Rology

Saudi Arabia

Autobia raises $2.5 million Seed round

Saudi Arabia-based B2B automotive platform Autobia has closed a $2.5 million Seed funding round, led by Sadu Capital and supported by...

Autobia Sadu Capital Wa'ed Vnetures

Saudi Arabia

Floranow acquires Saudi Arabia's Bloomax

UAE-based B2B floral marketplace Floranow has fully acquired KSA’s wholesale distributor of fresh-cut flowers Bloomax, with the...

Floranow Bloomax

Saudi Arabia

Saudi healthtech Integrative Health acquires Nala

Saudi Arabia-based healthtech Integrative Health has acquired Nala, another Saudi healthtech, for an unknown sum. Founded in 2019 by...

Integrative Health Nala healthtech

Oman

Oman’s Sharakah joins Beehive’s board as new investor

Oman-based SME developer company Sharakah has come on board with UAE-based fintech Beehive as a new investor. The new partnership will...

beehive Sharakah

Saudi Arabia

Women in Tech programme awards $50,000 to three Saudi female-led startups

Three Saudi Arabia-based female-led startups have been awarded $50,000 in equity-free cash rewards, as part of the Standard Chartered...

women in tech Falak investment hub Standard Chartered

Libya

UNDP launches Deraya initiative to boost Libyan ecosystem

The Libyan government and United Nations Development Programme (UNDP), in collaboration with the European Union and the African...

Deraya undp Flat6Labs

Morocco

Moroccan healthtech DataPathology raises $1 million from Azur Innovation Fund

Morocco-based healthtech startup DataPathology has raised $1 million from Azur Innovation Fund. Founded in 2020 by Mohammed El...

Azur Innovation Fund

U.A.E

Tabby closes new round, upsizes debt facility to $350 million

UAE-based fintech Tabby has upsized its debt facility to $350 million after closing a new financing round led by San Francisco-based...

Tabby Fintech BNPL

Saudi Arabia

SVC allocates $7.5 million to Endeavor Catalyst fund

Saudi Venture Capital (SVC) has allocated $7.5 million to Endeavor Catalyst, the investment arm of Endeavor Global. The allocation is...

SVC Endeavor Catalyst Fund

Morocco

Morocco’s PrestaFreedom raises $1.1 million from Azur Innovation Fund

Morocco-based home services marketplace PrestaFreedom has raised $1.1 million (MDH 11,000,000) from Azur Innovation Fund. Founded in...

PrestaFreedom

U.A.E

Cargoz raises undisclosed bridge round to fuel KSA expansion

UAE-based logistics startup Cargoz has secured an undisclosed bridge funding round from Nama Ventures, RAZ Group and other angel...

Cargoz Nama Ventures RAZ Group

Palestine

Vatrin closes investment round from Ibtikar

Palestine-based Vatrin, has closed the investment it raised from Ibtikar Fund. The amount raised was not disclosed. Founded in 2019 by...

Vatrin Ibtikar Fund

Global

Insider raises $105 million investment led by QIA

Wamda portfolio company Insider, has raised an investment of up to $105 million from Qatar Investment Authority (QIA) and Esas Private...

Insider Wamda Capital QIA

U.A.E

B2B mental health startup Lifemost raises $650,000 pre-Seed round

UAE-based healthtech startup Lifemost has raised a $650,000 pre-Seed funding round from a group of angel investors. Founded in 2022 by...

Lifemost

Kuwait

ZainTech acquires UAE-based Adfolks

UAE-based ZainTech, part of telecoms provider Zain Group, has acquired cloud-native engineering firm, Adfolks. The acquisition is...

ZainTech Adfolks

Qatar

QIA leads Builder.ai’s $250 million Series D round

Qatar Investment Authority (QIA) has led the $250 million Series D funding raised by Builder.ai, along with Iconiq Capital, Jungle...

QIA Builder.ai Qatar Investment Authority

Jordan

UAE’s EDGE acquires majority stake in MARS Robotics

UAE-based advanced technology and defence group EDGE, has acquired a majority stake (80 per cent) in Jordanian autonomous robotic...

Edge Mars Robotics

U.A.E

Australia’s RTE acquires Galaxy Racer, rebrands new entity as Celestial

Australia-based Riva Technology and Entertainment Limited (RTE), a subsidiary of MSM Corporation International Limited, has fully...

RTE Galaxy Racer GXR

Saudi Arabia

Saudi furniture marketplace Baytonia raises Seed round

Saudi Arabia-based furniture e-commerce platform Baytonia has closed an undisclosed Seed round, led by Khwarizmi Ventures (KV), with...

Baytonia e--commerce furniture

Morocco

Plug and Play increases investment in Morocco’s Chari

Morocco-based B2B e-commerce platform Chari has secured a second round of investment from Plug and Play. The amount invested was not...

Chari e--commerce Plug and Play

Saudi Arabia

Saudi fintech Wosul raises $3.2 million

Saudi Arabia-based fintech Wosul Payments has raised a $3.2 million Seed round led by Khalab’s company along with a group of angel...

Wosul Fintech وصول

U.A.E

Silicon Valley’s Plug and Play invests in UAE’s Clara

UAE-based legaltech startup Clara has received an undisclosed investment from Silicon Valley’s innovation platform “Plug and...

Legaltech Clara Plug and Play

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