Regional Singapore’s Antler launches $60 million Menap Fund Singapore-based VC firm Antler has launched a $60 million Middle East North Africa and Pakistan (Menap)-focused fund to invest in the... News • 16 August, 2023 Antler MENAP VC fund
U.A.E Illuminati Capital raises $50 million to back Web3 startups UAE-based crypto VC fund Illuminati Capital, has raised $50 million for a fund that aims to invest in early-stage blockchain and... News • 13 August, 2023 Illuminati Capital VC fund Web 3.0
U.A.E Agthia Group launches $54 million CVC fund for foodtech startups UAE-based food and beverage company Agthia Group PJSC has launched a $54 million VC fund “Agthia Ventures”. The CVC,... News • 12 July, 2023 Agthia Group Agthia Ventures ADQ
Egypt Acasia Angels invests in UK medtech Precision Cardiovascular Egypt-based angel investment group “Acasia Angels” has participated in the $750,000 Seed round in UK-based medtech Precision... News • 21 June, 2023 Acasia Angels Precision Cardiovascular medtech
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... News • 29 May, 2023 SVC Endeavor Catalyst Fund
U.A.E MBZUAI partners with OurCrowd Arabia to accelerate AI growth in UAE The UAE’s Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has signed an MoU with Israeli VC fund OurCrowd, to... News • 09 May, 2023 MBZUAI OurCrowd AI
Egypt Egypt-based VC DisrupTech raises $5 million investment from Proparco Egypt-based VC fund DisrupTech Ventures has received a $5 million investment from Proparco. Founded in 2021, DisrupTech is an... News • 07 May, 2023 Disruptech Proparco
Regional Mena startups raised $247 million in March 2023, pushing Q1 funding to $1.1 billion Startups in the Middle East and North Africa region (Mena) raised $247 million across 67 deals in March 2023, a decline of 67 per cent... Wamda • 06 April, 2023 investments
U.A.E Scalo Technologies moves HQ to UAE, plans to invest $100 million in Mena startups Singapore-based VC firm Scalo Technologies has moved its headquarters to Dubai, with the intention to invest $100 million in promising... News • 04 April, 2023 Scalo Technologies Venture Capital
Egypt Acasia Angels invests in Greek startup Swaplanet Egypt-based Acasia Angels has joined the €485,000 ($529,000) pre-Seed investment round in the Greece-based retail apparel swap... News • 04 April, 2023 Acasia Angels Swaplanet
Saudi Arabia King Saud University invests in STV’s Total Growth Platform The investment arm of King Saud University “Riyadh Valley Company (RVC)” has invested an undisclosed amount in STV’s... News • 02 April, 2023 King Saud University Riyadh Valley Company STV
Egypt Camel Ventures launches $16 million fund to back fintech in Egypt Egypt-based Camel Ventures has launched a $16 million VC investment vehicle “Camel Ventures for Investment I (CVI)”. The... News • 02 April, 2023 Camel Ventures Fintech CVI
Regional SRMG launches VC arm to back regional early-stage media companies Saudi Arabia-based media group SRMG has launched a new VC arm to back early-stage companies that focus on media creation, digital media,... News • 28 March, 2023 SRMG VENTURES FUZ Telfaz11
Egypt Acasia Ventures invests in Fez’s $1 million Seed round Egypt-based VC firm Acasia Ventures has participated in the $1 million Seed round raised by the Lagos-based last-mile delivery platform... News • 28 March, 2023 Acasia Ventures Fez Last mile
Iraq Iraqi Islamic Bank partners with MSA Novo to back startups in Iraq Iraq Islamic Bank (IIB) has partnered with investment company MSA Novo, to launch a tech fund to invest in Iraqi startups and lead the... News • 20 March, 2023 Iraqi Islamic Bank MSA Novo iraq
Saudi Arabia SVC launches $80 million VC fund to back fintech in KSA Saudi Venture Capital Company (SVC) has launched an $80 million Investment in Fintech VC Fund, in partnership with the Capital Market... News • 20 March, 2023 SVC Fintech Saudi Arabia
Regional Flat6Labs launches $95 million Seed fund to back early-stage startups in Africa Seed investor and accelerator Flat6Labs, has launched a new $95 million Africa Seed Fund (ASF) to nurture the growth and development of... News • 14 March, 2023 Flat6Labs Africa Seed Fund ASF
Saudi Arabia Emkan launches $31 million fund to back early-stage startups Saudi Arabia-based VC firm Emkan Capital has announced the close of its $31 million Emkan Capital Fund I (ECP I). ECP I aims to invest... News • 02 March, 2023 Emkan Capital Emkan Capital Fund I Jada Fund of Funds
U.A.E 8X Ventures to deploy $20 million in Mena cleantech startups UAE-based VC firm 8X Ventures plans to deploy $20 million in the Mena region's climate tech and cleantech startups. It also plans to... News • 19 February, 2023 clean tech 8x Ventures
Saudi Arabia Flat6Labs launches $20 million Startup Seed Fund in Saudi Arabia Flat6Labs has finished the first close of its $20 million “Startup Seed Fund” in Saudi Arabia, with the participation of the... News • 13 February, 2023 Flat6Labs Startup Seed Fund
Saudi Arabia Wa’ed Ventures invests in Roots Ventures Wa’ed Ventures, the VC arm of Aramco, has invested in Revival Lab to launch its venture builder Roots Ventures. The investment... News • 05 February, 2023 Wa'ed Vnetures Roots Ventures Aramco
Saudi Arabia DAAL Ventures invests in Mexico’s Pulppo Saudi Arabia-based VC DAAL, has taken part in the $5 million Seed funding round of Mexico-based proptech Pulppo alongside Y Combinator,... News • 09 January, 2023 Daal Ventures Pulppo Proptech
U.A.E Modus leads Koble’s $1.2 million pre-Seed round UAE-based VC Modus, has led the $1.2 million pre-Seed funding round for UK-based investment firm Koble alongside Belgium-based VC... News • 08 December, 2022 Koble Modus Venture Capital
Regional Revival Lab launches $40 million fintech-focused VC builder and fund Saudi Arabia-based Revival Lab will establish “Fin-tactics Ventures", a venture builder specialised in fintech, insuretech... News • 07 December, 2022 Revival Lab Fin-tactics Ventures