Wamda

Bahrain

Bahrain’s Investcorp closes ITP V fund at $570 million

Bahrain-based alternative asset manager Investcorp has concluded the final closing of its Investcorp Technology Partners V (ITP V) fund,...

Investcorp ITP V Fund

U.A.E

UAE's Lune closes $1.5 million led by DFDF

UAE-based data analysis Lune has raised $1.5 million in a Seed round from Dubai Future District Fund (DFDF), Plus Venture...

Lune DFDF

Saudi Arabia

Saudi WheeKeep closes $8 million Series A round

Saudi Arabia-based logistics startup WheeKeep has raised an $8 million Series A funding round, led by the American investor...

WheeKeep Logistics

Saudi Arabia

Qsalary partners with Itqan Capital to launch $80 million fund

Saudi Arabia-based HRtech Qsalary has partnered with the Saudi investment company, Itqan Capital, to launch an $80 million investment...

Qsalary Itqan Capital

Egypt

Glint Fund II completes initial close at $3 million

Egypt-based investment firm Glint has completed the first close of its second venture fund at $3 million, supported by Wadi Degla...

Glint VC fund

Egypt

Egypt’s MNZL raises $3.5 million Seed led by P1 Ventures

Egypt-based fintech MNZL has raised $3.5 million in a Seed funding round, led by P1 Ventures, Localglobe, and Ingressive Capital....

MNZL P1 Ventures

U.A.E

SecureMyScholarship secures $550,000 bridge round

UAE-based edtech SecureMyScholarship has raised $550,000 in a bridge funding round at a valuation of $6 million. The round was...

SecureMyScholarship secures $550 000 Bridge round SecureMyScholarship secures $550

Regional

MENA startups raise $55 million in April 2024, down 78% from March

The amount invested in the Middle East and North Africa (MENA) region fell drastically in April 2024, with only 19 startups raising $55...

Investment

Saudi Arabia

Abyan Capital secures $18 million Series A led by STV

Saudi Arabia-based robo-advisory company Abyan Capital has closed a $18 million Series A round led by STV with participation from...

Abyan Capital STV Wa'ed Ventures

Egypt

Swypex launches following $4 million Seed round

Egypt-based fintech Swypex has raised a $4 million Seed investment round, led by venture capital fund Accel, with participation from...

Swypex Fintech Accel

Oman

ADQ, Oman Investment Authority launch $180 million Jasoor Fund

Abu Dhabi-based investment and holding company ADQ has jointly launched $180 million technology-focused fund, Jasoor Fund, with Oman...

ADQ Oman Investment Authority Jasoor Fund

Oman

Oman’s Bon Plus raises undisclosed Seed round

Oman-based HoReCa services provider Bon Plus has raised an undisclosed Seed investment from Omantel via Omantel Innovation Labs, along...

Bon Plus Omantel Innovation Labs

U.A.E

WEE Marketplace secures $10 million as part of pre-Series A round

UAE-based e-commerce startup WEE has concluded a pre-Series A round at $12 million, after raising a $10 million investment, comprising...

Wee marketplace E-commerce SIG Investment

U.A.E

Shorages raises $1 million pre-Series A round

UAE-based logistics startup Shorages has raised a $1 million pre-Series A funding round, led by Joa Capital, as part of their S3...

Shorages Joa Capital

U.A.E

TVM Capital Healthcare invests $ 17 million in Germany's neurocare

UAE-based healthcare private equity firm “TVM Capital Healthcare” has invested $17 million into Munich-headquartered...

TVM Capital Healthcare neurocare healthtech

Egypt

Egyptian fintech Bokra raises $4.6 million pre-Seed round

Egypt-based fintech Bokra has closed a $4.6 million pre-Seed round led by DisrupTech Ventures, and SS Capital, among other...

Bokra Fintech Disruptech Ventures

Egypt

Waffarha secures seven-figure Seed round from VMS

Egypt-based Fintech Waffarha has raised a seven-figure Seed round by Value Makers Studio (VMS). Founded in 2012 by Tarek Magdy,...

Waffarha VMS

Jordan

Arab Therapy closes Seed round at $1 million

Jordan-based healthtech Arab Therapy has secured $1 million in seed funding, led by Flat6Labs, Vision Health Pioneers and supported by a...

Arab Therapy healthtech

Egypt

Egypt’s bluworks closes $1 million pre-Seed

Egypt-based HRTech bluworks has raised a $1 million pre-Seed investment round, led by Khawarizmi Ventures and joined by Camel Ventures,...

bluworks HRtech Khawarizmi Ventures

Egypt

Egypt's Potcast raises funding round through Shark Tank

Egypt-based podcast production company “The Potcast Productions Company” (TPP) has raised an early financing round at an...

Potcast Shark Tank

Egypt

Beltone partners with Citadel Holdings to manage $30 million VC fund

Egypt-based VC fund Beltone Venture Capital (BVC), a subsidiary of Beltone Holding, has partnered with CI Venture Capital, a subsidiary...

Beltone CI Venture Capital

Regional

Verod-Kepple Africa Ventures closes $60 million pan-African fund

Nigeria-based VC firm Verod-Kepple Africa Ventures (VKAV) has concluded a final close of $60 million for its pan-African VC fund, led by...

Verod-Kepple Africa Ventures VKAV

U.A.E

Web3 provider U-topia secures $850,000 investment from GDA Capital

UAE-based Web3 services provider U-topia has raised $850,000 in funding from GDA Capital. Founded in 2021 by Jérémy...

U-topia GDA Capital Web 3.0

U.A.E

Microsoft invests $1.5 billion in UAE's G42 for minority stake

US-based tech giant Microsoft has partnered with UAE’s AI company G42 to deliver advanced AI solutions with Microsoft Azure across...

G42 microsoft

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