Wamda

Saudi Arabia

Badir-incubated Saudi tech startups raised almost $13M in 2017

The technology startups incubated by Badir Program, one of the King Abdul Aziz City for Science and Technology’s main initiatives,...

Badir ksa Investment

Regional

UAE startups attracted $400 million of VC funding in 2017

2017 witnessed 134 funding deals of 129 startups in 12 countries across the MENA, which brought in around $475 million worth of...

MENABytes Dubai MENA

U.A.E

TruKKer raises $1.4M seed round led by Raed ventures

TruKKer, an on-demand truck aggregator startup, is preparing for large-scale expansion after witnessing 2000% growth in its first year of...

Trukker Investment

U.A.E

Digital grocery coupon platform raises $500K in second round of funding

Clip the Deal, a Dubai-based digital grocery coupon platform, raised $500,000 in their second round of funding, led by Dubai-based investor...

Clip the Deal Neelesh Bhatnagar NB Ventures

Regional

HR tech startup Bayzat receives $5M funding from venture investors

Bayzat, a provider of insurance and HR solutions in the MENA region, announced it has secured an additional $5 million in funding led by...

Bayzat VC silicon badia

Regional

UAE’s maid-booking startup Justmop secures Series A funding

Maid-booking startup Justmop in the UAE has recently raised a Series A of funding, led by venture capital firm VentureFriends, along with...

Justmop fundraising Series A

Egypt

First edtech CVC launched in Egypt

Nahdet Misr Publishing Group launched EdVentures, Egypt’s first Corporate Venture Capital specializing in edtech. EdVentures...

Egypt EdVentures Nahdet Misr Publishing House

Jordan

Jordanian addressing startup raises $100K from GMS Ventures & Investments

NavCode is a Jordanian smart addressing app that contains user information such as name, phone number, building number and others. It...

NavCode Addressing VC

U.A.E

Dubai Startup Hub launches program to facilitate partnerships between startups and corporations

Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has launched its Market Access program during the GITEX...

Dubai Startup Hub Dubai Chamber of Commerce and Industry GITEX2017

Regional

Altibbi raises $6.5M through MEVP, DASH Ventures, and other investors

Altibbi Ltd., one of the Middle East’s largest digital health platforms, announced a new round of funding amounting to $6.5 million....

AlTibbi MEVP DASH Ventures

Regional

Alabbar and MEVP launch $250M MENA tech-focused VC fund

Middle East Venture Partners (MEVP) announced today the launch of its third MENA venture capital fund – the Middle East Venture Fund...

Alabbar MEVP Walid Hanna

Saudi Arabia

This is what this Saudi VC firm seeks in an entrepreneur

Though Saudi Arabia is rich in financial resources, startups there often find it difficult to access to funding especially in early stages....

ksa Saudi Arabia Inspire Ventures

Regional

Entrepreneurship is disrupting MENA’s real estate and retail gurus

The first half of 2017 was an exciting one for enterprises and startups in the MENA region with mega deals taking the ecosystem by storm....

acquisition VC investment Real Estate

Saudi Arabia

Saudi startup Dokkan Afkar closes $2M round

Dokkan Afkar announced yesterday, it has closed a $2 million investment round led by Riyad Taqnia Fund (RTF). Dokkan Afkar is a...

Saudi Arabia ksa DokkanAfkar

U.A.E

Why telehealth is so attractive to investors [Opinion]

In his book ‘Healthcare Disrupted’, Jeff Elton comments that ‘until recently, the world changed and healthcare –...

Opinion Healthcare telehealth

Saudi Arabia

Takamol Holding helping both startups and investors

It’s a common scenario: Saudi entrepreneurs complain about the lack of investment and venture capital put into startups, while...

Saudi Arabia ksa Musharakah

Regional

Why CVC is the future of venture capital in the region [Opinion]

This article is a crosspost with Linkedin. Venture capital funds capitalized and operated by major corporations are becoming more...

corporate venture capital Venture Capital turn8

Saudi Arabia

Saudi Arabia's massive Public Investment Fund has become active in tech startup investing

This article is a crosspost with CB Insights. Over the last year, the Kingdom of Saudi Arabia announced a number of economic...

vision 2030 ksa Saudi Aramco

U.A.E

STEP gets $2M Series A, plans a digital media empire

STEP Group has closed a Series A funding round with a $2 million investment from regional investors, including Wamda Capital,...

Step Conference Step music Wamda Capital

Iran

Turkish payments startup Iyzico closes $13M Series C

On July 15, Barbaros Ozbugutu and Tahsin Isin were celebrating in Istanbul. After years of bureaucracy, their online payment company...

turkey iran Commerce

Egypt

On speaking terms: Egypt’s investors, entrepreneurs forging a bond [Know Your VC]

The investor-entrepreneur relationship in Egypt has been something of a rollercoaster, but both say they’re finally starting to iron...

investor relations A15 eventtus

Egypt

Egypt’s Vezeeta gets $5M Series B

Vezeeta, an Egypt-based automated physician, clinic and hospital bookings platform received $5 million in series B funding led by...

Vezeeta Egypt BECO Capital

U.A.E

Jisr Venture Partners like to look outside MENA [Know your VC]

Jisr Venture Partners founder and chairman Waleed Albanawi is making another investment into the food and beverage (F&B) space by...

Investment jisr venture partners ReserveOut

Saudi Arabia

Careem now a unicorn, raising $350M

Careem has become the Middle East’s second ‘unicorn’, after investment from Japan's ecommerce giant Rakuten Inc and...

careem STC Venture Capital

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