Regional Startups raise $893 million in 2018 Investments in Middle East and North Africa (Mena)-based startups rose by 31 per cent in 2018 to $893 million with 366 deals according to... Yasmeen Nabil • 09 January, 2019 Investment MENA Mena Venture Investments
Egypt Egypt’s Commercial International Bank launches CVentures Source: MENAbytes Commercial International Bank, the biggest private bank of Egypt, that is commonly known as CIB, has announced the... News • 18 December, 2018 Venture Capital cairo Investment
Tunisia Tunisia’s Expensya raises $4.5 million Source: MENAbytes Expensya, a SaaS for expense management, has raised a little over $4.5 million (€4 million) in its latest funding... News • 16 December, 2018 Investment tunisia
Egypt Egypt’s Halan raises multi-million Series A Source: MENAbytes Cairo-based Halan has raised a multi-million Series A round from international investor Battery Road Digital Holdings... News • 03 December, 2018 Series A Investment
Global China's growing interest in the Mid East China recently marked a quiet but momentous milestone: it is now the biggest investor in the Middle East. According to the Arab Investment... Alicia Buller • 11 November, 2018 china Silk Road Investment
Palestine Gaza startup Vidmass raises pre-Seed from Ibtikar and Vision VC Vidmass, a Gaza-based startup specialising in online video creation, has raised a pre-seed round of investment from early-stage funds... Reine Farhat • 18 September, 2018 pre-Seed Investment Ibtikar VC
Regional When investors regret saying ‘no’ to startups When faced with rejection, entrepreneurs often believe potential investors turned them down due to concerns their ideas were insufficiently... Reine Farhat • 21 August, 2018 investors Investment
Regional Crowd Analyzer secures $1.1 million, looks to scale to Saudi Arabia and MENA Crowd Analyzer, the Dubai-based data intelligence provider and Arabic-focused social media monitoring platform, has received pre-Series A... Staff writer • 31 July, 2018 Crowd Analyzer Investment
Regional The Luxury Closet raises $8.7 million in its third round of investment After raising USD $7.8 million in Series B in September 2016, online platform The Luxury Closet for buying and selling pre-owned... Reine Farhat • 30 July, 2018 The Luxury Closet Investment Success Stories
Regional Arabic content platform Mawdoo3 raises $13.5m from British and American VCs Mawdoo3.com (‘Mawdoo3’), a leading online Arabic platform from the region, has recently completed a US $13.5 million... Wamda • 30 July, 2018 Mawdoo3 series B Investment
Egypt Is Egypt becoming a hotbed for local and regional VCs? [Opinion] The year 2018 has been a landmark year for Egyptian startups, securing bigger and later stage investment rounds and giving a dash of... Omar Barakat • 18 June, 2018 fundraising Investment
Bahrain Restaurant booking app Eat receives funding from MEVP Eat, MENA-based restaurant reservation platform, has recently closed a funding round from Middle East Venture Partners (MEVP) for an... Wamda • 06 June, 2018 eat MEVP Investment
Global Chinese mobile internet company to boost its presence in the MENA region following a Series A round OneMena, a China-based mobile internet company, has recently raised a Series A financing round led by IDG Capital and Kuaishou, the latter... Rana Freifer • 04 June, 2018 Onemena china MENA
U.A.E Workers’ safety and tracking device WakeCap raised $300K WakeCap, raised $300,000 from CCC (Consolidated Contractors Company), a construction group with projects across Middle East, Asia and... Staff writer • 30 May, 2018 uae WakeCap Investment
Egypt Egyptian software company raised $300K from Saudi investors Entlaqa, a software company, raised a $300,000 funding from Salem ben Saleh Ba Wazier and Mohamed ben Saleh Ba Wazier, two KSA-based... Rana Freifer • 24 May, 2018 Egypt ksa SAAS
Saudi Arabia Riyadh-based startup Syarah raises $2 million from BECO Capital, Raed Ventures and Vision Ventures Riyadh-based startup Syarah closed a new round of USD $2 million in investment in Series A. The round was led by BECO Capital, as... Staff writer • 07 May, 2018 Investment Series A
U.A.E Karaoke app Ghinwa closes a US $3 million funding round Ghinwa, an in5-incubated Arabic karaoke and selfcast app, announced the close of a US$3 million funding round, which included 500... Staff writer • 12 February, 2018 Ghinwa Investment
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,... Staff writer • 17 January, 2018 Badir ksa Investment
U.A.E International Blockchain Capital invests in Acumen Advertising Dubai-based fintech group International Blockchain Capital (IBC) Group Limited bought into homegrown media brand Acumen Advertising as part... Staff writer • 15 January, 2018 Acumen International Blockchain Capital Fintech
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... Rana Freifer • 14 January, 2018 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... Staff writer • 19 December, 2017 Trukker Investment
Kuwait Fintech startup Ajar Online closes a second round of investment Ajar Online, a Kuwait-based fintech startup that allows tenants to pay their rent online, via SMS and email, has recently closed... Staff writer • 16 October, 2017 Ajar Online Fintech Investment
Global Startup Watch: Google’s new phone, VC money for women startups, and the MENA’s startup economy The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your... Rana Freifer • 21 September, 2017 Google Hong Kong VCs
Regional AI is taking roots in the MENA Even though Artificial Intelligence (AI) is developing at a blistering pace, outside academia and engineering, it remains a bit of a... Tarek Faycal • 30 August, 2017 AI Investment Technology