Wamda

U.A.E

Aliph Capital acquires 25% stake in SANIPEX GROUP

UAE-based private equity manager Aliph Capital has invested in UAE’s lifestyle product supplier, SANIPEX GROUP, for a 25% stake....

Aliph Capital SANIPEX GROUP

Saudi Arabia

Jada Fund of Funds backs Jadwa’s first fund

Press release: Jada Fund of Funds is pleased to announce its investment in Jadwa GCC Private Equity Fund I, a fund managed by Jadwa...

Jada Fund of Funds Jadwa Investment

Saudi Arabia

Rio Ferdinand acquires share in Koora Break

Saudi sports platform Koora Break has raised an investment from the former England and Manchester United footballer Rio Ferdinand. The...

Koora Break Rio Ferdinand

Saudi Arabia

Adaverse backs Grintafy to utilise blockchain in football talent discovery

Grintafy, a Saudi Arabia-based sportstech company, has received an undisclosed investment from Adaverse. Grintafy, founded in 2019 by...

Grintafy Adaverse

Saudi Arabia

SVC pledges major investment in Aliph Capital’s first fund

Saudi Venture Capital (SVC) has invested in Aliph Fund I, a GCC-focused growth fund from Aliph Capital. The value remains...

SVC Aliph Capital Aliph Fund I

Oman

Fascano raises undisclosed funding round led by Oman Future Fund

Oman-based foodtech Fascano has closed its second funding round at an undisclosed amount, led by the Oman Future Fund, in collaboration...

Fascano Oman Future Fund foodtech

Morocco

Enakl secures $1.4 million pre-seed led by Catalyst Fund

Morocco-based mobility startup Enakl has raised a $1.4 million pre-Seed funding round led by Catalyst Fund along with Renew Capital,...

Enakl Catalyst Fund mobility

Qatar

Qatar Development Bank announces key investments in Nybl, Wahed

Qatar Development Bank (QDB) has signed a strategic investment agreement with Saudi Arabia-based AI startup Nybl and the USA-HQ...

nybl Wahed QDB

Egypt

Egypt’s Nowlun closes $1.7 million Seed round

Egypt-based logistics startup Nowlun has raised $1.7 million in seed funding, led by Nama Ventures and A15, with participation from...

Nowlun Logistics freight

Saudi Arabia

Aanaab secures $7 million Series A from Dallah Investment Holding

Saudi Arabia-based edtech Aanaab has completed its Series A funding round, securing $7 million from Dallah Investment...

Aanaab Dallah Investment Holding

Saudi Arabia

Impact46 invests $13.3 million in Cipher prior to its IPO

Saudi Arabia-based cybersecurity startup Cipher has raised $13.3 million in a pre-IPO investment round from Impact46. Founded in 2018...

Cipher cybersecurity Impact46

Saudi Arabia

Flat6Labs invests in 10 Saudi startups, includes them in Riyadh Seed Programme

MENA’s seed and early-stage VC Flat6Labs has invested in 10 Saudi-based startups for the fourth cycle of the Riyadh Seed...

Flat6Labs Riyadh Seed Program

U.A.E

Playgama to step up Web gaming development with $3 million funding

UAE-based gametech startup Playgama has raised $3 million in a funding round led by The Open Platform and s16vc. The round is also...

Playgama The Open Platform

U.A.E

EpiBone secures funding round led by Kendall Capital Partners

Press release: Hub71 startup, EpiBone, Inc., a leading regenerative medicine startup at the forefront of skeletal repair, announced the...

EpiBone

U.A.E

eyewa closes $100 million series C round led by General Atlantic

UAE-based eyewear retailer “eyewa” has raised $100 million in its Series C funding round, led by General Atlantic with...

eyewa General Atlantic

Jordan

Naif Al Rajhi Investment buys strategic stake in Jordan’s Mawdoo3

Saudi Arabia-based investment company Naif Al Rajhi Investment has invested in Jordan’s AI Arabic content platform Mawdoo3 for a...

Mawdoo3 Naif Al Rajhi Investment

Morocco

BMCE Capital Investments invests $500,000 in PTS for equity stake

Morocco-based fintech Premium Technology & Services (PTS) has raised $500,000 in investment from BMCE Capital Investments, the...

BMCE Capital Investments PTS Premium Technology & Services

Palestine

Ibtikar Fund closes second fund at $25 million

Press release: Ibtikar Fund, a disruptive venture capital firm that invests in innovative companies founded by Palestinian entrepreneurs...

Ibtikar Fund

Egypt

Egypt’s Sylndr lands $7.5 million capital facility tailored by EFG Hermes

Egypt-based online marketplace for used cars Sylndr has secured a $7.46 million capital facility tailored specifically to the unique...

Sylndr EFG Hermes

Global

Watercycle Technologies enters MENA after securing $5.6 million Series A

UK-based climatetech Watercycle Technologies has closed a $5.6 million Series A investment round led by Par Equity as part of a...

Watercycle Technologies Cleantech Climatetech

U.A.E

Epik Foods secures $15.5 million to support expansion plans in KSA

UAE-based foodtech Epik Foods has secured $15.5 million in private capital funding from Ruya Private Capital I, LP, managed by Ruya...

Epik Foods foodtech Ruya Partners

Saudi Arabia

Jada Fund of Funds invests in SEEDRA Ventures' second fund

Press release: Jada Fund of Funds is pleased to announce its commitment to SEEDRA Ventures Fund II, a newly launched venture capital...

Seedra Ventures Jada Fund of Funds SEEDRA Ventures Fund II

Egypt

Beltone leads $3 million Series A extension round for ariika

Egypt-based furniture e-commerce platform ariika has raised $3 million in a Series A extension round, led by Beltone Venture Capital and...

ariika Beltone Venture Capital E-commerce

Saudi Arabia

EdfaPay closes $5 million pre-Series A to fuel MENAP expansion

Saudi Arabia-based fintech EdfaPay has secured a $5 million pre-Series A funding round led by OmanTel Innovation Labs, with...

EdfaPay Omantel Innovation Labs Fintech

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