Saudi Arabia SVC signs investment deal with technology investment fund Source: Mubasher The Saudi Venture Capital Company (SVC) signed on Monday an investment contract with the venture capital (VC) fund... News • 13 August, 2020
Global Sanabil Investments invests in US-based Atomwise Source: Venture Beat Atomwise, a startup using AI to accelerate drug discovery, today secured $123 million in funding. A... News • 12 August, 2020
Global Hub App raises pre-seed investment Saudi Arabia-based angel investors have invested in Switzerland-headquartered startup The Hub App’s “six-figure” pre-seed... News • 12 August, 2020
Egypt Paymob raises $3.5 million Egypt-based financial technology (fintech) startup Paymob, has raised $3.5 million from Global Ventures and the Dutch Entrepreneurial... News • 11 August, 2020
U.A.E Starzly raises pre-seed investment UAE-based media and entertainment tech company Starzly, has raised an undisclosed amount in a pre-seed funding round, led by Nama V... News • 11 August, 2020
U.A.E iKcon raises $5 million in pre-Series A Dubai-based cloud kitchen startup iKcon, has raised $5 million in a pre-Series A round led by Arzan VC, AlTouq Group and Nazer Group among... News • 10 August, 2020
Egypt Glamera raises seed investment Cairo-based beauty and wellness service booking platform Glamera, has raised a six-figure seed round from Saudi Arabia’s Dual Gate... News • 10 August, 2020
Global Mubadala invests in China's Xpeng Motors Source: CNBC Chinese electric car maker Xpeng Motors has raised $400 million ahead of an initial public offering (IPO) in the U.S., two... News • 09 August, 2020
Egypt Shaghalni raises six-figure investment in pre-Series A Source: WAYA Blue and grey collar recruitment platform Shaghalni raises 6 figure Pre-Series A round from 138... News • 09 August, 2020
U.A.E Sheraa, CE-Ventures grant $190,000 to 11 startups Source: Trade Arabia Sharjah Entrepreneurship Center (Sheraa) and CE-Ventures have disbursed more than AED700,000 ($190,560) in... News • 09 August, 2020
Egypt ElGameya raises pre-seed investment Egypt-based financial technology (fintech) startup ElGameya, has raised a six-figure investment in a pre-seed round led by AUC Angels, with... News • 06 August, 2020
U.A.E Conektr raises $800,000 in pre-Series A Source: WAYA Conektr, a Dubai-based digital lower trade, groceries, and HORECA marketplace platform has raised $800,000 in a... News • 06 August, 2020
Egypt Dresscode raises six-figure in seed funding Source: WAYA Dresscode, a Cairo-based e-commerce retail startup has raised USD six digits in Seed funding from Egypt Ventures. DC is... News • 04 August, 2020
Global NAR technologies acquired by US-based B3Bar Holdings Beirut-based startup NAR Technologies, a portfolio company of Leap Ventures, has been acquired by US-based B3Bar. Founded by Charlie El... News • 04 August, 2020
Qatar Qatar SportsTech launches EntelaQ pre-accelerator programme Source: Menafn Qatar SportsTech (QST), a leading startup accelerator and hub for innovative sportstech companies in Qatar, has announced... News • 29 July, 2020
Kuwait Savour VC invests in Turkey’s FineDine Kuwait-based food vertical accelerator Savour has participated in a $600,000 seed round raised by Turkey-based digital ordering and... News • 29 July, 2020
Morocco ASMA Invest invests in SMGF Morocco-based institutional investor ASMA Invest has invested in SEAF Morocco Growth Fund (SMGF). The amount raised... News • 29 July, 2020
Global Foundation Holdings invests in India's Toppr Source: Vccircle Toppr Technologies Pvt. Ltd, which runs an eponymous ed-tech startup, has raised Rs 350 crore ($46 million) in its... News • 29 July, 2020
Oman Cubex Global raises $1 million in seed funding Source: Arab Finance Muscat-based digital marketplace for ocean freight Cubex Global has raised $1 million in a seed round led by Oman... News • 28 July, 2020
Kuwait Kuwait's Boutiqaat being investigated for money laundering Source: Zawya Boutiqaat, the leading Kuwaiti beauty ecommerce platform has found itself in the middle of a money-laundering scandal... News • 28 July, 2020
Lebanon Nucleus Ventures launches programme to support Lebanon startups Lebanon-based Nucleus Ventures has launched a seed programme to support early-stage Lebanese entrepreneurs. The Nucleus programme will... News • 27 July, 2020
Egypt Drowzy secures six-figure funding from UAE Angel Investor Source: Afrikanheroes UAE Angel Investor has made a six-figure investment in Cairo-based direct-to-consumer (D2) furniture and home... News • 27 July, 2020
Global Lemonade Fashion raises pre-seed investment Lebanese-US online peer-to-peer (P2P) fashion marketplace Lemonade Fashion, has raised pre-seed investment from Draper University Ventures... News • 27 July, 2020
Iraq Lezzoo closes seven figure seed round Source: Iraq Business News Northern Gulf Partners, a frontier market investment firm, and California-based Pay It Forward Venture... News • 26 July, 2020
