Wamda

U.A.E

Social app Hayi raises undisclosed Seed round

UAE-based social networking app Hayi has secured an undisclosed amount in a Seed round from Plus VC, with participation from other...

Hayi

Egypt

UAE to invest $35 billion in Egypt’s Ras El-Hekma

Abu Dhabi’s investment and holding company, ADQ, has inked a deal with the Egyptian government to invest $35 billion in the...

Ras El-Hekma ADQ North Coast

U.A.E

Edtech Thiqa Tutoring raises $300,000 during Beban TV show

UAE-based edtech Thiqa Tutoring has raised a $300,000 investment from Hope Ventures, the investment arm of Bahrain’s Hope Fund,...

Thiqa Tutoring Beban Hope Ventures

U.A.E

DFDF joins Partech Africa II's $300 million second close

The UAE's Dubai Future District Fund (DFDF) has participated in the second close of pan-African fund Partech Africa II at $300...

Partech Africa II Fund Partech africa

Saudi Arabia

PhysioHome wraps up undisclosed Seed round

Saudi Arabia-based healthtech PhysioHome has wrapped up a Seed round for an undisclosed value, backed by unnamed angel...

PhysioHome healthtech

U.A.E

The Cloud raises $12 million Series B, acquiring UK's KBOX

UAE-based cloud kitchen The Cloud has raised $12 million in funding from MENA Moonshots as part of the $30 million Series B it is trying...

The Cloud foodtech cloud kitchen

U.A.E

GameCentric secures $1.5 million in funding

UAE-based gaming platform GameCentric has raised $1.5 million in capital from angel investor, Bilal Merchant. Founded in 2023 by...

GameCentric Gaming Web 3.0

Saudi Arabia

PIESHIP raises undisclosed pre-Seed round

Saudi Arabia-based logistics startup PIESHIP has closed an undisclosed pre-Seed investment round by SEEDRA Ventures, Nama Ventures, and...

PIESHIP Nama Ventures Seedra Ventures

U.A.E

Exverse lands $3 million investment

UAE-based Web3 gaming platform Exverse, has raised a private funding round of $3 million, led by Cogitent Ventures, Cointelligence, and...

Exverse Gaming Web3

Bahrain

Right Calories, Motolines raise $347,000 investment during Beban TV show

During the Beban TV show, two startups based in Bahrain, Right Calories and Motolines, secured a total investment of $347,000 from Hope...

Right Calories Motolines Hope Ventures

Morocco

Logistics startup Logidoo secures $1.55 million investment

Pan-Africa logistics startup Logidoo has raised $1.55 million in investment, led by Maroc Numeric Fund II (Morocco), 216 Capital...

Logidoo Logistics Maroc Numeric Fund II

Lebanon

Women-led VC firm Globivest completes first close of first fund

Lebanon-based venture capital (VC) firm Globivest has achieved its first closing for an undisclosed sum. Founded in 2016 by Jasmine...

Globivest Venture Capital

U.A.E

UAE fintech Kema raises $2 million pre-Seed

UAE-based fintech Kema has raised a $2 million pre-Seed round, led by Speedinvest with participation from the Dubai Future District Fund...

Kema Fintech

Jordan

ISSF pledges $5 million for MSA Novo's Mena fund

Jordan-based Innovative Startups and SMEs Fund (ISSF) has invested $5 million in the Mena-focused fund, MSA Novo. Founded in...

MSA Novo ISSF

Iraq

Iraqi fintech Wayl raises $150,000 pre-Seed round

Iraq-based fintech Wayl, has secured $150,000 in pre-Seed funding from EQIQ Ventures. Founded in 2021 by Ali Ismail, Wayl serves as a...

Wayl Fintech EQIQ Ventures

Regional

Mena startups raised $86.5 million in January 2024

This year has kicked off with a relatively modest funding raise of $86.5 million across 33 deals, a 34 per cent decrease year on year....

Investment

U.A.E

Dubbing platform CAMB.AI raises $4 million seed

UAE-based AI dubbing startup CAMB.AI has raised $4 million in a Seed funding round led by Courtside Ventures, along with TRTL Ventures,...

CAMB.AI AI Dubbing

Kuwait

Kuwait’s Bookr raises Bridge round from Plus VC

Kuwait-based SaaS-enabled marketplace for beauty services, Bookr, has raised a bridge round at an undisclosed amount from Plus...

Bookr Beauty marketplace

U.A.E

The Digital Hotelier closes $1 million Seed round

UAE-based traveltech The Digital Hotelier, has closed a Seed round of $1 million from the Silicon Valley-based VC firm Plug and Play,...

Hope Ventures Beban the Digital Hotelier

Egypt

Bosta raises additional investment from Avanz Capital

Egypt-based logistics startup Bosta, has raised an undisclosed amount in investment led by Avanz Capital Egypt (ACE). Founded in 2017...

Bosta Avanz Capital logistic

Egypt

Egypt’s Roboost raises $3 million investment

Egypt-based logistics startup Roboost, has closed a $3 million investment round, led by Silicon Badia, with contributions from RZM...

Roboost Logistics silicon badia

Saudi Arabia

P2P car rental platform Ejaro raises $3.28 million pre-Series A round

Saudi Arabia-based P2P car rental platform Ejaro, has raised $3.28 million in a pre-Series A investment round, led by cooperative and...

Ejaro p2p car rental

Saudi Arabia

Saudi proptech Rize raises $2.9 million Seed round

Saudi Arabia-based proptech Rize, has raised a $2.9 million Seed round from Seedra Ventures, Hala Ventures, JOA Capital, RZM...

Rize Proptech Seedra Ventures

Regional

Saudi edtech iStoria closes Seed round at $1.3 million

Saudi Arabia-based edtech iStoria, has raised $1.3 million in a Seed round from Nama Ventures, Classera, Flat6Labs, BIM Ventures, and...

iStoria Nama Ventures Classera

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