Global KBW Ventures invests in BlueNalu UAE-based KBW Ventures has increased its stake in US-based BlueNalu, participating in its newly-raised $60 million convertible note... Dunya Hassanein • 19 January, 2021 BlueNalu KBW Ventures
U.A.E Mohamed Hilal Group invests in Spain’s VirtuE through SAIN UAE-based Mohamed Hilal Group has signed an investment agreement with Spanish Startup VirtuE R&D, through the newly-launched Sharjah... Dunya Hassanein • 19 January, 2021 Virtue R&D AI Mohamed Hilal Group
Global Derayah VC invests in Pakistan’s Bazaar Saudi Arabia-based Derayah Venture Capital has invested in Pakistan-based business to business (B2B) e-commerce platform Bazaar’s... Dunya Hassanein • 19 January, 2021 Bazar b2b ecommerce
Global VentureSouq invests in Singapore-based Volopay Source: TechCrunch Volopay, a Singapore-based startup building a “financial control center” for businesses, announced today... News • 19 January, 2021 VentureSouq Volopay Volopay
Global Alpha Wave leads $2.5 million seed round in India’s Udayy Source: YourStory Udayy, the Gurugram-based edtech startup, has raised $2.5 million in a seed round led by Alpha Wave Incubation (AWI),... News • 19 January, 2021
Bahrain Rain secures $6 million Series A Bahrain-based cryptocurrency exchange Rain has raised $6 million in its Series A round of funding. The round was led by Middle East Venture... News • 17 January, 2021 crypto cryptocurrency
Saudi Arabia Jada to invest in Merak Capital Source: Saudi Gazette Jada Fund of Funds Wednesday made an official commitment to Merak Technology Ventures Fund, which focuses on... News • 17 January, 2021 Jada Fund of Funds Merak Capital early stage funding
Iraq Hi-Express raises seed investment from Iraqi Angel Investors Network Iraq-based Hi-Express has raised a “six-figure” seed round led by the Iraqi Angel Investors Network (IAIN), marking the... News • 13 January, 2021 Logistics Last mile
Egypt Opio raises $300,000 seed investment Egypt-based women’s fashionwear brand Opio has raised $300,000 in a seed round from AUC Angels, local and regional angel investors... News • 13 January, 2021 direct-to-consumer
U.A.E Abu Dhabi startups to get funding and tech support from ADIO-Microsoft alliance Source: Gulf News In alliance with Microsoft, the Abu Dhabi Investment Office (ADIO) will offer owners of local startups the resources... News • 13 January, 2021 ADIO Plug and Play microsoft
Global Checkout.com to open office in Riyadh after raising $450 million Checkout.com, the UK-based payments company is expanding its presence in the Middle East and North Africa (Mena) after securing a $450... Shaimaa El Nazer • 12 January, 2021 Saudi Arabia
Egypt Docspert Health raises six-figure seed round Egypt-based telemedicine startup Docspert Health, has closed a six-figure seed funding round from Flat6Labs as well as a group of angel... Dunya Hassanein • 12 January, 2021 Docspert health telemedicine
Saudi Arabia Saudi Arabia’s SAMA issues open banking policy SAMA, Saudi Arabia’s Central Bank has today announced its intent to launch an open banking regulatory framework in the kingdom. In... News • 10 January, 2021 Open banking
Qatar Cwallet secures $220,000 pre-seed Qatar-based financial technology (fintech) startup Cwallet, has raised a $220,000 pre-seed round from its founders and MBK... News • 10 January, 2021 cwallet Fintech
Global Alpha Wave leads $5 million Series A in India's edtech platform Kyt Source: The Financial Express Edtech platform Kyt on Wednesday said it has raised USD 5 million (about Rs 36.5 crore) in funding led by... News • 10 January, 2021 Alpha Wave EdTech Kyt
Saudi Arabia Ejaro raises $850,000 seed round Saudi Arabia-based peer-to-peer (P2P) vehicle sharing platform Ejaro, has raised a $850,000 (SAR 3.2 million) seed round, led by Saudi... Dunya Hassanein • 10 January, 2021 Ejaro car sharing car rental
Egypt Nawah Scientific raises $1 million in pre-Series A Egypt-based life science startup Nawah Scientific, has raised $1 million in a mix of equity and debt in its second pre-Series A round led... Dunya Hassanein • 10 January, 2021 Life science startups cairo angels Alex Angels
U.A.E Access Bridge Ventures launches with first close of its $25 million fund Access Bridge Ventures (ABV), a newly launched regionally focused early-stage venture capital fund, has made its first close. The fund,... News • 10 January, 2021 ABV VC fund
Lebanon Anghami raises investment from SHUAA Capital Lebanon-based music streaming platform Anghami, has raised a fresh investment from UAE-based investment firm SHUAA Capital alongside other... Dunya Hassanein • 05 January, 2021 anghami Music streaming Shuaa Capital
Saudi Arabia NearPay raises $600,000 pre-seed Saudi Arabia-based financial technology (fintech) startup NearPay, has raised a $600,000 (SAR 2.2 million) pre-seed round, led by Saudi... Dunya Hassanein • 05 January, 2021 NearPay Angel Investment Fintech
Egypt Cassbana raises $1 million from Distruptech Cairo-based financial technology (fintech) startup Cassbana, has raised a six-figure pre-seed funding round led by Egypt’s... News • 04 January, 2021 Disruptech
Egypt Akhdar raises six-figure seed funding Egypt-based educational technology (edtech) platform Akhdar, has raised a six-figure seed investment from EdVentures, the venture capital... Dunya Hassanein • 04 January, 2021 EdVentures EdTech audio books
Jordan Emile Cubeisy's tragic passing marks a loss for Jordan's entrepreneurship ecosystem Jordan has lost entrepreneurship pioneer Emile Cubeisy founder and managing partner of Silicon Badia, who sadly passed... Wamda • 04 January, 2021
Global Interstar, DPS invest in India's Countingwell Source: VCCircle Illuminati Learning Solutions Pvt. Ltd, which operates the mathematics-focussed education-technology startup... News • 30 December, 2020 Countingwell EdTech Delhi Private School