Egypt Zeal Rewards raises seed round Egypt-based mobile payments and loyalty platform Zeal Rewards, has closed an undisclosed amount of seed funding. Founded in 2019 by Omar... Dunya Hassanein • 07 December, 2020 Zeal Rewards Loyalty Programs
Bahrain India’s FreshToHome receives funding from ADIO India-based online fresh fish and poultry marketplace platform FreshToHome, has raised financial and non-financial incentives from the Abu... Dunya Hassanein • 07 December, 2020 FreshToHome ADIO Investcorp
Global Mubadala invests in UK-based MEL Science Source: BusinessCloud MEL Science, a London-based, science-focused EdTech platform, today announces that it has secured $14m... News • 06 December, 2020 Mubadala Capital EdTech MEL Science
Kuwait Boxit raises investment to continue its growth UAE-headquartered on-demand storage company Boxit, has secured its second funding round led by Kuwait-based Alif Ba Holding, with... Dunya Hassanein • 01 December, 2020 Boxit self-storage
Pakistan Former Souq executive invests in Pakistan's Clicky Source: Daily times Lahore-based fashion e-commerce startup, Clicky, closed USD 700,000 in a Pre-Series A round of funding. Former... News • 30 November, 2020 Clicky fashion ecommerce souq
U.A.E AHOY raises $2.2 million seed UAE-based e-commerce logistics startup AHOY, has raised a $2.2 million seed round from a GCC-based corporate venture capital as well as... Dunya Hassanein • 30 November, 2020 AHOY logistic Ecomemrce and retail
Iraq Management buyout at Intellect Code Source: Iraq business news Erbil-based Intellect Code, which specialises in advertising, marketing and market research, has... News • 29 November, 2020 Intellect Code market research data analysis
Global MiSK Foundation buys 33.3% of Japan’s SNK for SAR 813 million Source: Argaam The Mohammed bin Salman Foundation (MiSK) acquired a 33.3% stake in SNK Corporation, a Japanese video game... News • 29 November, 2020 SNK Acqusition video games
U.A.E Amazon created 2,000 jobs in the UAE for White Friday E-commerce retailers are scrambling to attract consumer attention during the annual month-long biggest sales event, White... Dunya Hassanein • 25 November, 2020 Amazon White Friday retail and ecommerce
Egypt Eksab raises $500,000 Cairo-based daily fantasy sports platform Eksab, has raised $500,000 from 4DX Ventures. Launched in 2017, Eksab allows users to make... News • 24 November, 2020 Eksab daily fantasy sports
Saudi Arabia Salla raises $8.5 million in Series A Saudi Arabia-based e-commerce Salla, has closed a SAR32 million ($8.5 million) Series A round led by STV, with participation from existing... News • 24 November, 2020 Salla Series A
U.A.E Quiqup raises $5.5 million UAE-based last-mile logistics delivery startup Quiqup, has raised over $5.5 million in a funding round led by Delivery Hero, with... News • 24 November, 2020 Quipup Logistics ecommerce
Bahrain Bidayatech launches Mena’s first reward-based crowdfunding platform Bahrain-based Bidayatech has launched a reward-based crowdfunding platform, in an attempt to address startup funding challenges. The... News • 24 November, 2020 Crowdfunding funding gap
Kuwait Yahaal raises Series A investment Kuwait-based e-commerce platform Yahaal has raised a Series A round from Seeds Partner and AlMutamaiz International Company. The... News • 23 November, 2020 E-commerce
Bahrain Investcorp invests in India's Xpressbees Source: Reuters Bahrain’s Investcorp said on Sunday it has made an investment in Xpressbees, an Indian logistics startup, as part... News • 22 November, 2020 Investcorp ecommerce Series E
Global Mubadala Capital leads $35 million investment round in Sweden's FirstVet Source: Crunchbase Swedish startup FirstVet is expanding its on-demand video consultation platform in the United States after... News • 22 November, 2020 Mubadala Capital FirstVet
Saudi Arabia Western Union buys $200 million stake in STC Pay Source: Bloomberg Western Union Co. acquired a 15% stake in stc pay, a unit of Saudi Telecom Co. that’s focused on... News • 22 November, 2020 Western Union STC Pay Fintech
U.A.E Fruitful Day raises $817, 000 in funding UAE-based fresh food delivery company Fruitful Day, has secured Dh3 million ($817,000) via equity crowdfunding platform,... News • 19 November, 2020 Fruitful Day Fresh food delivery Crowdfunding
Egypt Argineering raises $200,000 Source: WAYA Argineering, the award-winning tech company, raised more than $200,000 through their Kickstarter campaign exceeding their... News • 19 November, 2020 Argineering Crowdfunding Flat6Labs Cairo
U.A.E Foodtech challenge awards $1 million grant to four startups Four startups were selected to share a $1 million grant as part of the Tamkeen Foodtech Challenge. Out of 12 finalists, it was Saudi... Wamda • 18 November, 2020 UAE Food Security Office tamkeen Catalyst accelerator
Saudi Arabia Immensa Technology acquires Saudi-based Shakl3D and LayLabs UAE-based 3D printing solution provider Immensa Technology Labs, has acquired two Saudi Arabia-based companies: Shakl3D and LayLabs. The... Wamda • 18 November, 2020 Immensa Technology 3Dprinting
Regional Fenix launches in the UAE after $3.8 million seed round Fenix, the latest UAE-based micro mobility startup has raised $3.8 million in seed funding. Founded by the former Careem executive... Wamda • 18 November, 2020 micromobility Fenix e-scooter
Egypt Wuilt raises $535,000 seed Egypt-based software as a service (SaaS) startup Wuilt, has raised a $535,000 seed round from UK-based MENA Technology Fund, DAAL VC along... Wamda • 17 November, 2020 SAAS Wuilt Flat6Labs Cairo
Tunisia Onboard raises $175,000 Tunisia-based software as a service (SaaS) startup Onboard has raised $175,000 in funding, from Kepple Africa Ventures and other individual... Wamda • 17 November, 2020 SAAS Onbaord seed