Wamda

U.A.E

Chimera Capital closes first VC fund at $75 million

UAE-based Chimera Capital Ltd has closed its first venture capital fund at $75 million, backed by Mubadala Investment Company alongside...

Chimera Capital fund

Turkey

Wamda participates in Tarfin’s $8 million pre-Series B bridge round

Turkey-based agritech Tarfin has raised $8 million in a pre-Series B bridge round of financing from Yara Growth Ventures, Quona...

Tarfin Bridge round

U.A.E

Careem enters quick-commerce space with launch of dark store grocery network

Careem is expanding its groceries offering by launching Careem Quik in the UAE, a quick-commerce e-grocery service enabled by a...

Careeem quick commerce e-grocery

Egypt

Egypt’s Sympl raises $6 million Seed round

Cairo-based fintech Sympl, has raised a $6 million Seed round. The fundraising was led by Beco Capital, along with A15...

Sympl Fintech

Global

Telfaz11 acquires indie film company Last Scene Films

Saudi entertainment group Telfaz11 has acquired Riyadh-based independent production house Last Scene Films. Founded by Mohammed...

Entertainment tech Telfaz11

Egypt

Minly acquires UAE’s shoutout platform Oulo

Egypt-based celebrity shoutout platform Minly has acquired its UAE rival Oulo for an undisclosed amount. Minly’s decision to...

Minly oulo

Egypt

Cairo Angels Syndicate Fund announces first close

Egypt-based angel network Cairo Angels has announced the first close of its micro-venture syndicate fund. The Cairo Angel Syndicate...

Cairo Angles

U.A.E

Childcare marketplace PureBorn raises $2 million Seed round

Dubai-based childcare marketplace PureBorn has raised a $2 million Seed funding round. Launched in 2017 by Hannah Curran, PureBorn...

PureBorn E-commerce

U.A.E

UAE-based RemotePass raises pre-Series A round

UAE-based recruitment platform RemotePass has raised its pre-Series A round, led by BECO Capital with participation from Wamda,...

RemotePass recruitement

Pakistan

UAE’s Tricap invests in Pakistan's Clicky

UAE-based Tricap Investments has participated in the $2.3 million pre-Series A round of the Pakistan-based e-commerce Clicky. Former...

E-commerce Clicky

Regional

PepsiCo launches Mena edition of Greenhouse accelerator programme

PepsiCo has launched the Mena edition of its global greentech accelerator programme in partnership with the UAE Ministry of Climate...

Pepsico

Saudi Arabia

NQOODLET raises $1 million in pre-Seed

Riyadh-based fintech NQOODLET, has raised $1 million in its pre-Seed round led by angel investor Yaser Alghamdi, with...

Saudi Arabia NQOODLET

Egypt

Egypt’s WaffarX raises investment from US Lobby Capital

Egypt-based cashback marketplace WaffarX has raised an undisclosed funding round, led by the Silicon Valley venture capital firm Lobby...

WaffarX Lobby Capital

Bahrain

Calo raises $13.5 million Seed round

Bahrain-based foodtech Calo has raised $13.5 million in its Seed funding round, co-led by Khwarizmi Ventures, Nuwa Capital, and...

Calo healthy food

U.A.E

GrubTech raises $13 million Series A round

UAE-based foodtech startup GrubTech has raised a $13 million Series A investment led by Addition, alongside BY Ventures and Hambro...

GrubTech foodtech

U.A.E

UAE’s ZIWO raises pre-Series B round

UAE-based SaaS startup ZIWO has raised a seven-digit pre-Series B investment round from its current investors. Founded in 2010 by...

ZIWO Telecommunication

Jordan

Tamatem Games Raises $11 million in Series B round led by KRAFTON, Inc.

Jordan-based Arabic mobile games publisher Tamatem Games, has raised $11 million in a Series B funding round led by South Korea-based...

tamatem tamatem games KRAFTON Inc.

Oman

Oman’s Phaze Ventures participates in Voyager Portal’s Series A round

Oman-based VC Phaze Ventures has participated in the $8.4 million Series A round of US-based shipping supply chain software platform...

Voyager Portal Phaze Ventures

U.A.E

Arcab raises Seed round led by We Founder Circle

UAE-based bus aggregator Arcab has raised an undisclosed Seed round from We Founder Circle. Founded by Neeraj Tyagi and Bilal...

Arcab Mobiltiy

Egypt

FilKhedma receives new investment from The Cairo Angels

Cairo-based home services provider FilKhedma has raised an undisclosed amount of investment from The Cairo Angels. Founded in 2014 by...

FilKhedma cairo angels

U.A.E

Edfundo rasies $400,000 in pre-Seed, prepares for $1.5 million Seed round

UAE-based Edfunfo, a children's financial literacy app, has raised $400,000 in a pre-Seed funding round. Founded by Simon Wing...

Edfundo kids-focused fintechs

U.A.E

Mindshift Capital invests in US femtech Rosy

UAE-based VC Mindshift Capital has invested in US-based healthtech Rosy, as part of its $2 million Seed round. Founded in 2019 by...

Mindshift Capital Rosy femtech

Egypt

beXel raises six-figure funding round for expansion

Cairo-based cloud-based inspection management software (beXel) has raised a six-figure investment round led by JH Investments Ltd,...

SAAS

Saudi Arabia

Lamaa secures $5.5 million Seed round co-led by Wa’ed

Riyadh-based fintech Lamaa has secured a $5.5 million Seed round led by Raed Ventures and Saudi Aramco’s entrepreneurship arm,...

Lamaa Fintech

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