Wamda

Kuwait

Faith Capital and 500 Startups invest in CaptainPanel

Source: MENAbytes California-based Software-as-a-Service (SaaS) startup CaptainPanel has raised $1.2 million in seed funding from...

Seed funding seed investment seed round

U.A.E

UAE’s Bayut acquires real estate portal Lamudi

Source: The National UAE property listings and research company Bayut acquired Lamudi, a rival portal owned by Middle East Internet...

acquisition Real-estate tech

Jordan

PointCheckout raises $600,000

UAE-based PointCheckout, an online payment method for reward points, has closed a seed round of $600,000 led by Arzan VC, 500 Startups,...

seed Seed funding seed investment

Regional

Top five VC deals in first quarter of 2019

While Uber’s acquisition of Careem dominated the news in the first quarter of this year, the Middle East and North...

Series A series B Series C

U.A.E

YaLLa Esports secures seed funding

Source: Startup MGZN YaLLa Esports, an esports organisation in the MENA region, has completed and secured a seed funding round from...

esports Funding Invesmtment

Regional

Property Finder set to Acquire JRD Group

Source: Benzinga Middle East real estate classifieds website Property Finder has signed an agreement to acquire its competitor JRD...

properties Acqusition

U.A.E

AWOK.com closes US$30 million series A funding

Source: Zawya The UAE mass market e-commerce platform AWOK.com- has closed its first external round of financing to pursue its...

E-commerce Funding Series A

U.A.E

ProTenders raises $3 million in pre-series A

Dubai-based ProTenders, a construction intelligence and procurement company, has secured $3 million in its pre-Series A funding, led by a...

pre-Series A fund Investment

U.A.E

Oliv raises $2 million in Series A

Oliv, the UAE-based careers platform connecting employers with young talent, has closed $2 million Series A funding round led by the...

Investment Funding round

Egypt

ArabyAds secures $6.5 million from Equitrust

ArabyAds, a performance marketing company, has raised $6.5 million in its Series A round from investment arm of Choueiri group Equitrust,...

Invesmtment Funding Marketing

Egypt

Uber partners up with Egypt’s peer-to-peer car sharing platform Dryve

Source: Startup MGZN Egypt’s peer-to-peer car sharing platform Dryve, announces it partnership with Uber Egypt, allowing...

Investment car Rental

Regional

Seedstars announces $100m fund to invest in African tech startups

Source: Ventureburn Emerging markets startup competition Seedstars yesterday announced it would launch a $100-million...

fund Investment africa

Egypt

Egypt’s Brimore raises $800,000 in seed fund

Source: Menabytes Cairo-based direct-selling distribution platform Brimore has raised $800,000 in a seed funding round, the startup...

Distribution manufacturing Investment

U.A.E

Fodel raises $2.6 million in pre-Series A

Dubai-based last mile delivery startup Forward Delivery (Fodel), has raised $2.6 million in a pre-series A round from multiple investors...

Logistics Last mile delivery

Regional

How investors can support entrepreneurship in the Middle East and North Africa

The potential for entrepreneurship in the region is high, based on digital consumption and a startling increase in investment funding for...

Investment Venture Capital

Egypt

Egyptian e-sports company GBarena raises seed funding

Source: Menabytes Giza-based esports and gaming community GBarena has raised seed funding from HIMangel, the startup announced today....

E-sports Investment

U.A.E

UAE's The Modist secures investment from Farfetch and Nicola Bulgari

Source: Harper's Bazaar Luxury e-tailers The Modist, who already counts Vaultier7 and Chalhoub Group as investors, has...

modest fashion E-commerce

Palestine

Ibtikar Fund invests in Receet

Palestine’s Ibtikar Fund announced its investment in Receet, a mobile application that provides digital receipts in business...

fund Investment digital

U.A.E

Abu Dhabi offers startups Dh535 million through new hub

Abu Dhabi will be investing Dh535 million in startups as part of a new entrepreneurship space called Hub71 launched in partnership with...

abu dhabi abu dhabi global market Softbank

Regional

The anatomy of an exit in the Middle East

Khaled Talhouni is the managing partner at Wamda Capital Anyone active in the startup scene today seems to be pre-occupied with when and...

Venture Capital Exit strategies exiting

Egypt

Egypt sets up $57 million fintech startup fund

Source: ITWeb Africa Fintech startups in Egypt could soon have access to 1 billion Egyptian pounds (approximately...

Fintech fund Egypt

Egypt

Kuwait’s Carriage expands to Egypt, launches in Cairo after onboarding 600 restaurants

Source: Menabytes Kuwait-based food delivery startup Carriage has expanded to Egypt, the startup told MENAbytes today, adding...

food Delivery Expansion

U.A.E

Dubai-based VentureSouq invests in Hello Verify

Source: VC Circle Worker screening platform Hello Verify India Pvt. Ltd has raised an undisclosed amount in funding from multiple...

Investment VentureSouq

Regional

STEP Saudi

STEP started out as a series of workshops and small gatherings, and over 7 years has grown to become one of the largest tech experiential...

Thought Leadership

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