Wamda

Regional

Oryx Fund launches with first close of its fund to invest in Mena early-stage startups

UK-based international investment firm Hambro Perks has announced the launch and initial close of its Abu Dhabi-based $50 million VC fund,...

Oryx Fund Jada Fund of Funds Riyad TAQNIA Fund

Iraq

Orisdi raises six-figure bridge round

Iraq-based e-commerce platform Orisdi, has raised a six-figure bridge round led by Innovest Middle East VC, with participation from a group...

ecommerce Online shopping in Iraq Angels

Global

Kuwait’s UEC leads $4.1 million Series B round in India-based Eupheus

Source: Times of India Eupheus Learning, a Delhi based leading B2B edtech company has raised $4.1 million in Series B funding...

UEC EdTech Eupheus

U.A.E

Sprout raises $200,000 from FA Holding

Source: Zawya UAE start-up Sprout FZCO, a plant-based food business aimed at children, has received $200,000 in funding. The fresh...

Sprout.ae foodtech

Regional

500 Startups and Sanabil Investments launch accelerator

Global venture capital firm 500 Startups has partnered with Saudi Arabia-based Sanabil Investments, a financial investment company focused...

500 startups Sanabil Investments seed startups

U.A.E

North Ladder raises $5 million in Series A

UAE-based trading platform for second-hand luxury products and electronics North Ladder, has raised a $5 million Series A funding round led...

BECO Capital North Ladder Series A

Jordan

Engagesoft raises pre-Seed investment

Jordan-based employee engagement and retention SaaS platform Engagesoft, has raised a six-figure pre-Seed round from a group of angel...

Angel Investment Engagesoft

Saudi Arabia

Hazen.ai secures follow-on funding from Wa’ed

Saudi Arabia-based Hazen.ai, has received a follow-on investment from Wa’ed, the entrepreneurship arm of Aramco. The startup received...

Hazen.ai Traffic system Follow on funding

Global

KAUST invests $3.5 million in Estonia's Natufia Labs

Source: The Spoon Natufia Labs, the Estonia-based automated kitchen garden startup, announced today that it is relocating to Saudi...

KAUST Natufia Labs foodtech

Regional

BRINC MENA invests in Pakistan's Radical Growth Solutions

BRINC MENA, the food and agritech venture capital and accelerator firm has invested in Pakistan-based smart farming solutions...

agritech Brinc HASSAD

Saudi Arabia

Raqamyah raises $2.3 million investment

Saudi-based fintech peer-to-peer (P2P) lending platform, Raqamyah, has secured a $2.3 million investment round led by Impact46 with...

Fintech Investment Impact46

Jordan

Ibda3 startup accelerator selects 8 startups for its programme

Creative tech accelerator IBDA3, has announced its first group of eight Jordanian creative startup companies for its acceleration...

Ibda3 startup accelerator Creative technology

U.A.E

Wamda participates in FlexxPay’s $3 million pre-Series A round

Wamda, the Middle East region's leading startup ecosystem enabler, has invested in Dubai-based Shari’a compliant employee benefit...

FlexxPay Employee benifit programmes HRtech

Saudi Arabia

Averos receives follow-on funding from Wa’ed Ventures

Saudi Arabia-based Averos, has secured a follow-up investment from Wa’ed Ventures, the entrepreneurship arm of oil giant...

Averos Follow on funding Wa'ed

U.A.E

Play:Date raises $100,000

The children-focused social network app Play:Date has secured $100,000 in funding from digital marketing agency, Boopin. Launched in...

Play:Date

Egypt

MAIN, GIZ launch set of free-standard legal documents for investors and early-stage founders

In partnership with the German Development Cooperation implemented by GIZ Egypt (GIZ), The Middle East Angel Investment Network (MAIN), led...

CairoAngles MAIN GIZ

U.A.E

UAE-based angel investors invest in India-based Siply's $1 million seed round

Source: YourStory Bengaluru-based micro-savings fintech platform, Siply, on Monday announced that it has raised $1 million in a...

Siply UAE angel investors

U.A.E

Creative Zone acquires stake in MySyara

Dubai-based business setup advisory firm Creative Zone, has revealed that it was one of the investors in MySyara's $650,000 investment...

MySyara automotive Creative Zone

Global

QIA invests $100 million in India-based VerSe Innovation

Source: YourStory Local language tech platform VerSe Innovation, which is the parent company of news aggregator Dailyhunt and...

VerSe innovation Video On Demand Qatar Investment Authority

Egypt

Sakneen raises $1.1 million seed round

Egypt-based property technology (proptech) platform Sakneen, has raised a $1.1 million seed funding round led by Algebra Ventures with...

Sakneen seed round Proptech

Saudi Arabia

Azom raises $9.5 million Series A

Saudi Arabia-based B2B electronics marketplace Azom, has raised a $9.5 million (SAR 36 million) Series A funding round from Assr...

Assraljawal Azom Electronics marketplaces

Bahrain

Al Zayani Investments Group launches a venture capital fund

Bahrain-based Al Zayani Investments Group has launched the Al Zayani venture capital (VC) fund, targeting local and regional...

Al Zayani Investments Group Bahraini ecosystem

Jordan

Jordan Tourism Board, Venture X launch tourism startup accelerator

Source: Trade Arabia The Jordan Tourism Board (JTB) has signed a memorandum of understanding (MoU) with Venture X to create a strategic...

Tourism Covid19 amman

Bahrain

Unipal raises six-figure seed round

Bahrain-based Unipal, has raised a six-figure seed round, led by Oqal with participation from other angel investors. The startup secured...

Unipal Tenmou Oqal

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