Wamda

Egypt

Yodawy raises $16 million in initial close of Series B round

Egypt-based healthtech startup Yodawy has raised $16 million in the first close of its Series B round, bringing the total amount raised...

Yodawy healthtech

Saudi Arabia

Nana raises $133 million in a Series C round led by Kingdom Holding

Saudi Arabia-based dark store grocery delivery startup Nana, has raised $133 million in a Series C funding round led by Kingdom Holding...

Nana e-grocery dark stores

Morocco

Moroccan agritech Sand to Green raises $1 million Seed round

Morocco-based agritech Sand-to-Green has raised a $1 million Seed funding round from Norwegian Katapult and pre-Seed fund...

Sand to Green agritech

Saudi Arabia

STV launches $150 million Total Growth investment platform

Saudi Arabia-based investment firm STV announced during the LEAP 23 Conference the launch of its Total Growth platform, anchored by...

LEAP 23 STV

Saudi Arabia

IMPACT46 launches $133 million Fund

Saudi Arabia-based VC firm IMPACT46 has launched a new SAR500 million ($133 million) fund to invest in technology startups in Saudi...

Impact46 Venture Capital

Saudi Arabia

palm.hr closes $5 million pre-Series A round

Saudi Arabia-based HR tech platform palm.hr, has closed a $5 million pre-Series A round co-led by Speedinvest and RAED Ventures, with...

Palm.hr Raed Ventures Wamda Capital

Egypt

Gameball raises $3.5 million Seed round

Egypt-based marketing CRM platform Gameball, has closed a $3.5 million Seed round led by 500 Global, Africa-focused funds P1 Ventures...

Gameball 500 Global

Morocco

Chari raises $1 million from Orange Ventures

Chari, a Morocco-based B2B e-commerce startup with an embedded financing for the FMCG sector, has raised $1 million from Orange...

Chari

Regional

Floward raises $156 million in pre-IPO Series C round

Floward, an online flower and gift delivery platform, has raised $156 million in a pre-IPO Series C round led by Aljazira Capital,...

Floward

Yemen

Yemen’s Tawseel raises investment from Numu Capital

Yemen-based food delivery startup Tawseel has secured investment from Numu Capital, a Dubai-based early-stage venture capital firm, the...

Tawseel Numu Capital

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...

Wa'ed Vnetures Roots Ventures Aramco

U.A.E

NoSQL startup WeaveDB raises $900,000 pre-Seed round

UAE-based database startup WeaveDB, has raised a $900,000 pre-Seed round, led by Permanent Ventures, along with Web3 investors: IOSG...

WeaveDB

U.A.E

Holo secures seven-figure Seed round

UAE-based fintech Holo has announced a seven-figure Seed round, led by Saudi Arabia’s Watheeq Proptech Venture and Hambro Perks...

Holo mortgage Fintech

Egypt

Egypt’s MNT-Halan raises $400 million at valuation of $1 billion

Egypt-based fintech MNT-Halan has raised up to $400 million in equity and debt financing from local and global investors. The round...

MNT-Halan Fintech Chimera Capital

Global

Finalrentals raises fresh funding

Finalrentals, an online car rental company based out of Dubai with headquarters in Cardiff, has raised an undisclosed six-figure round...

Finalrentals

Regional

Hope Ventures invests in YAS Holding and RestHero

UAE-based social commerce startup has raised $200,000 from Bahrain-based VC firm Hope Ventures and Saudi investor and co-founder of...

Hope Ventures Yas Holding Rest Hero

Regional

Why SWVL's acquisition of Volt Lines came to a halt

In 2018, Lebanese entrepreneur Ali Halabi founded Volt Lines, a Turkey-based mobility startup targeting the corporate segment, enabling...

Swvl Volt Lines

U.A.E

Wafeq raises $3 million Seed led by Raed Ventures with participation from Wamda Capital

UAE-based fintech Wafeq, has raised $3 million in a Seed round led by Raed Ventures with participation from Wamda...

Wafeq seed Wamda Capital

Global

Wa’ed invests in PASQAL’s $108 million Series B

Wa’ed Ventures, the Saudi Aramco Entrepreneurship Centre (Wa'ed), has invested in a $108 million Series B for French...

Wa'ed Vnetures

Global

UAE’s Hotdesk acquires Spain-based YADO

Hotdesk, a UAE-based workspace booking app, has acquired Spanish counterpart YADO for an unknown sum. Founded in 2019 by Mohamed...

hotdesk

Global

NB Ventures invests in $1.2 million Seed round for India’s career-tech Suraasa

UAE-based NB Ventures has invested in India-based career-tech Suraasa's $1.2 million Seed round, led by Inflection Point...

Suraasa NB Ventures

Saudi Arabia

Matbakhi raises $2.3 million pre-Seed round

Saudi Arabia-based foodtech startup Matbakhi, has raised a $2.3 million pre-Seed round led by Bugshan Investment Company along with an...

Matbakhi

Saudi Arabia

Saudi Arabia’s Sandsoft Games invests $3.25 million in The Tiny Digital Factory

Saudi Arabia-based Sandsoft Games, a mobile-first game developer, publisher and investor, has invested $3.25 million in The Tiny Digital...

The Tiny Digital Factory Sand Soft Games

Morocco

Moroccan logistics startup Cathedis raises $735,000

Morocco-based logistics startup Cathedis, has raised MDH 7.5 million ($735,500), of which MDH 5 million came from Afrimobility and a...

Cathedis

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you