Wamda

Egypt

FreshSource raises Seed round to cut food loss in Egypt

For Egypt, agriculture is one of its most critical sectors, accounting for more than 11 per cent of its gross domestic product (GDP) and 28...

FreshSource food waste agritech

Saudi Arabia

ORO raises pre-Seed investment from Nama Ventures

Riyadh-based B2B auto repair maintenance startup ORO has raised an undisclosed pre-Seed funding round from Nama Ventures. Founded by ...

Nama Ventures

Egypt

Egypt launches $50 million VC programme to support tech startups

Egypt has launched a $50 million venture capital programme to finance new and existing investment funds, in collaboration with the World...

MSMEDA world bank

U.A.E

Mashreq bank invests in NymCard

UAE-based fintech NymCard has raised investment from Mashreq bank. The amount raised was not disclosed. Founded in 2018 by Omar Onsi,...

NymCard Mashreq

U.A.E

UAE’s EMPG invests in Pakistani Daftarkhwan

UAE-based Emerging Markets Property Group (EMPG) has invested Seed capital in Pakistan’s Daftarkhwan. The amount invested was not...

EMPG Daftarkhwan

Egypt

OneOrder launches after raising $1 million Seed

OneOrder, an Egypt-based marketplace that connects resturants to suppliers, has launched after raising $1 million in a round led by...

OneOrder

Global

UAE-based angel investors invest in IMAN's $1 million Seed round

A group of UAE-based angel investors has participated in Uzbek-based fintech startup IMAN's $1 million Seed round. The round...

IMAN

Egypt

HRtech startup SAmAS Gamify raises $150,000

Egypt-based HRtech tech startup SAmAs Gamify has raised $150,000 in a pre-Seed round, led by US-based SoftEQ Venture...

U.A.E

Udrive raises $5million

UAE-based car-sharing app Udrive has raised $5 million from Cultiv8 and Oman Holding International. Founded in 2016 by Nicholas Watson...

Cultiv8 udrive Oman Holding International

Tunisia

Insurtech startup Avidea raises $696,000

Tunisia-based digital insurance startup Avidea, has raised 2 million dinars ($696k) in Pre-Series A funding round led by Capsa Capital...

Avidea

Morocco

WafR raises $372,000

Morocco-based WafR, a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops has raised...

WafR

U.A.E

UAE-based travel marketplace Wego acquires Cleartrip

UAE-based online travel marketplace Wego is set to acquire Cleartrip’s Middle East business in the second half of 2022 for an...

Cleartrip Wego Travel

Saudi Arabia

Saudi fintech EdfaPay raises $1.6 million pre-Seed round

Saudi Arabia-based fintech EdfaPay has raised $1.6 million in a pre-Seed investment round, led by Nuwa capital, InspireUs VC, Wallan...

EdfaPay Nuwa capital Fintech

Saudi Arabia

Dammam Valley launches BioTech Startups Programme

Dammam Valley has launched the BioTech Startups Programme, in partnership with Imam Abdul Rahman bin Faisal University, Saudi...

Dammam Valley BioTech Startups Programme

Morocco

Freterium raises $4 million Seed

Morroco-based digital trucking software startup Freterium, has raised $4 million in a Seed round led Partech, with participation...

Logistics

Jordan

Jordan’s Kader raises $400,000 Seed round

Jordan-based online gig platform Kader has raised $400,000 in a Seed funding round, led by The Innovative Startups and SMEs Fund (ISSF)...

Kader ISSF

Saudi Arabia

Saudi Grintafy raises $2.1 million Bridge round

Saudi Arabia-based e-sports platform Grintafy has raised a $2.1 million Bridge round with participation from Wa’ed, Alrashed Group...

Grintafy Saudi Arabia Sportstech

U.A.E

Qashio raises $2.5 million led by MSA Novo

UAE-based fintech Qashio has raised $2.5 million in pre-Seed funding, led by MSA Novo and supported by Rally Cap Ventures, Palm Drive...

Qashio MSA Novo

U.A.E

UAE's digital bank Zand receives fresh funding

UAE-based digital bank Zand has received funding from Franklin Templeton, Aditya Birla Group, Al Hail Holding, Al Sayyah & Sons...

Egypt

Egypt ratifies its Fintech Act

Egypt has ratified its Fintech Act, which regulates the work of fintech companies in Egypt. As per the new regulations, the...

Egypt Fintech

Saudi Arabia

TruKKer raises $96 million in Series B

Saudi Arabia-based digital freight network TruKKer, has raised $96 million in a mix of equity and debt for its Series B...

Trukker

U.A.E

YallaMarket raises $2.2 million bridge round

UAE-based quick-commerce startup YallaMarket has raised $2.2 million in a bridge round from Doha Tech Angels, Flyer One Ventures and...

YallaMarket q-commerce dark stores

Egypt

Egyptian proptech Nawy raises $5 million Seed round

Cairo-based proptech Nawy has closed a $5 million Seed funding round, led by the Sawiris family office. Founded in 2016 by Mohamed...

Nawy Proptech

Saudi Arabia

Saudi logistics startup RedBox raises $3 million

Saudi Arabia-based logistics startup RedBox has raised SAR 11.5 million ($3 million) in a Seed round led by Vision Ventures with...

Logistics Last mile RedBox

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