Wamda

Egypt

Egypt's Educatly raises $1 million pre-Seed round

Egypt-based edtech Educatly has raised a $1 million pre-Seed round from Falak Startups, Enterprise Island along with a group of...

Educatly EdTech Falak Startups

Saudi Arabia

Car rental platform Telgani closes $2.5 million pre-Series A led by Impact46

Saudi Arabia-based car rental and mobility startup Teglani, has raised $2.5 million in a pre-Series A round led by Impact46 with...

Telgani mobility

Bahrain

Bahrain’s CoinMena secures $9.5 million Seed round

Bahrain-based crypto exchange CoinMena has raised $9.5 million in its first Seed funding round, from Beco Capital, Kenetic, Arab Bank...

CoinMena cryptocurrency

Egypt

Egypt’s e-grocery Rabbit raises $11 million pre-seed round

Cairo-based e-grocery Rabbit has closed its pre-Seed funding round of $11 million from Global Founders Capital, Foundation Ventures,...

Rabbit e-grocery

Morocco

Moroccan B2B e-commerce startup Sle3ti raises $1.3 million Seed round

Sle3ti, a Casablanca-based B2B marketplace, connecting FMCG retailers to wholesalers and distributors, has raised DH12 million...

Sl3ti B2B e-commerce

Saudi Arabia

3D printing startup Immensa raises $7 million Series A round

Saudi Arabia-based 3D printing startup Immensa has raised $7 million in a Series A funding round, structured by Gate Capital, and led by...

immensa 3d printing

Jordan

Jordan’s Muyawama raises $35,300 in pre-Seed

Jordan-based marketplace for professional services Muyawama, has raised a JOD 25,000 ($35,300) pre-Seed round from a group of angel...

Muyawama

Egypt

Benya Group, Openner launch $50 million fund to invest in Arab and African startups

Egypt-based tech solutions provider Benya Group has signed a memorandum of understanding (MoU) with venture capital firm Openner to...

Openner

Egypt

Edtech OTO receives $400,000 investment from EdVentures

Egypt-based edtech OTO has raised $400,000 in cash and in-kind services from corporate VC firm EdVentures to enhance distance...

OTO Education EdTech

U.A.E

Merit Incentives announces $5 million Series A round led by Impact46

UAE-based Merit Incentives, a customer and employee engagement platform, has raised $5 million in a Series A round led by Saudi’s...

Merit Incentives Impact46

Saudi Arabia

Raed Ventures announces Wael Nafee as new partner

Saudi Arabia-based VC firm Raed Ventures has named Wael Nafee as a new partner in its fund. Wael joins Raed after having served Careem...

Raed Ventures Wael Nafee

U.A.E

US' REEF acquires UAE cloud kitchen operator iKcon

North America’s largest cloud kitchen operator REEF Technology, has fully acquired UAE-based cloud kitchens platform iKcon, in...

cloud kitchen iKcon Reef technology

Egypt

Capiter opens new office in Dubai

Egypt's Capiter, a B2B e-commerce startup, has opened a new office in Dubai. Capiter recently raised a $33 million Series A round,...

Capiter

U.A.E

Eight startups graduate from Flat6Labs Ignite programme in Abu Dhabi

Eight startups have graduated from the Flat6Labs Ignite programme in Abu Dhabi with each startup receiving Seed investment ranging from...

Flat6Labs Ignite Programme accelerator

Egypt

A15 invests in Egypt-based fintech Sympl

Egypt-based VC firm A15 has invested in fintech startup Sympl. The amount invested was not disclosed. Founded in October...

Sympl A15 Fintech

Jordan

ISSF invests $150,000 in Jordan’s NEXT Renewable Energy

Jordan-based Innovative Startups and SMEs Fund (ISSF) has announced a $150,000 investment in Jordan-based alternative energy provider...

ISSF NEXT Renewable Energy

Egypt

Egypt’s Breadfast closes $26 million Series A round

Egypt-based e-grocery Breadfast has raised $26 million in a Series A round co-led by Vostok New Ventures and Endure Capital, with...

Breadfast q-commerce dark stores

Egypt

US-based TachyHealth raises seven-figure Seed from regional investors

Jordan's Propeller Inc, the Oman Technology Fund- Wadi (OTF Wadi), Jordinvest, and an insurance company out of Saudi Arabia have...

TachyHealth healthtech

U.A.E

CleverTrip raises $750,000 pre-Seed round

UAE-based travel tech CleverTrip has raised a $750,000 pre-Seed round from an undisclosed angel investor. Founded by Ibrahim Shaker in...

CleverTrip healthtech

Egypt

Egyptian healthtech Bypa-ss raises $1 million in pre-Seed

Egypt-based healthtech startup Bypa-ss has closed a $1 million round from Egyptian and foreign investors, with participation from Magic...

healthtech Bypa-ss

U.A.E

Farmin, Kanari AI win GITEX Supernova Challenge

UAE-based Farmin and Kanari AI have won the 2021 GITEX Future Stars’ Supernova Challenge for their achievements in the artificial...

Farmin Kanari GITEX 2020

Regional

Illegal data collection, financial data theft are major concerns for GCC consumers, GPI study shows

Saudi Arabia and the UAE have among the world’s largest prepaid markets according to Ding’s bi-annual Global Prepaid Index...

GPI Ding GCC

Bahrain

Tarabut Gateway raises $12 million pre-Series A led by Tiger Global

UAE-based open banking platform Tarabut Gateway has raised $12 million in a pre-Series A round led by Tiger Global, alongside new...

Fintech Open banking Tarabut Gateway

Iraq

Iraq Venture Partners, new venture fund launches to support Iraqi startups

Several Iraqi investors have come together to launch a new VC, Iraq Venture Partners (IVP). Established by Omar Al-Handal,...

Iraq Venture Partners IVP VC

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