Wamda

Saudi Arabia

Tabby closes $200 million Series D at $1.5 billion valuation

Saudi Arabia-based fintech Tabby has raised $200 million in Series D equity financing at a valuation of $1.5 billion, prior to a planned...

Tabby BNPL Fintech

Global

Aramco Ventures leads $10 million Series A round for REDEX

Aramco Ventures, the corporate venturing subsidiary of Saudi energy and petrochemical enterprise Aramco, has led a $10 million Series A...

Aramco

U.A.E

23 startups join Hub71’s Company Building programme

Abu Dhabi’s Hub71 has selected 23 startups to join its 13th cohort of the Company Building programme, each receiving up to...

Hub71 Company Building programme

Egypt

Egyptian healthtech Almouneer raises $3.6 million Seed round

Egypt-based healthtech Almouneer has raised a $3.6 million Seed round, led by Global Ventures, Proparco and Digital Africa through...

Almouneer Global Ventures healthtech

Regional

Growth-stage companies in Mena face $20 billion funding gap

Growth-stage funding in the Middle East and North Africa region (Mena) faces a $20 billion gap, with only $4.2 billion VC dry powder...

STV Growth-stage funding in Mena

Tunisia

Tunisian fintech My Easy Transfer raises $423,000 investment

Tunisia-based fintech My Easy Transfer has raised a $423,000 investment from 216 Capital. Founded in 2022 by Ismaïl Khenissi and...

My Easy Transefer 216 Capital Fintech

Saudi Arabia

NEOM launches investment arm NIF, announcing large investments in clean industries

Saudi Arabia’s NEOM has launched its investment arm, the NEOM Investment Fund (NIF), aiming to support the buildout and...

NEOM NIF Regent

Saudi Arabia

SVC invests $10 million in Ruya Private Capital I to back Saudi SMEs

The private credit fund Ruya Private Capital I LP, run by Ruya Partners, has received a $10 million investment from Saudi Venture...

Ruya Private Capital I LP Ruya Partners SVC

Saudi Arabia

Saudi proptech Ejari closes $1 million pre-Seed round

Saudi Arabia-based proptech Ejari has closed a $1 million pre-Seed round, led by Sanabil 500 MENA and Hambro Perks' Oryx Fund, with...

Ejari Proptech Sanabil 500

Saudi Arabia

Democrance raises investment from Wa’ed Ventures to fund Saudi expansion

Democrance, a UAE-headquartered insurtech company, has raised a funding round from Wa’ed, the venture capital arm of Saudi Aramco....

Wa’ed Ventures Democrance

U.A.E

Neo Mobility secures $10 million Seed funding

UAE-based electric vehicle (EV) last mile startup Neo Mobility has raised a $10 million Seed round from Delta Corp Holdings, Pyse...

Neo Mobility Last mile EV

U.A.E

UAE proptech Keyper raises $6.5 million Seed round

UAE-based proptech Keyper has raised a $6.5 million Seed round, led by Access Bridge Ventures and Vivium Holdings, with participation...

Keypey

U.A.E

Nomad Homes raises $20 million Series A round

UAE-based proptech Nomad Homes, has closed a $20 million Series A extension round, led by Acrew Capital. Founded in 2019 by Damien...

Nomad homes Proptech

U.A.E

Belong raises $1.5 million pre-Series A round

UAE-based social app Belong (formerly ASKWHO) has raised a $1.5 million pre-Series A round, bringing its total capital raised to $3.5...

Belong Social App

Saudi Arabia

Core Vision acquires stake in the Chairman Group

Saudi Arabia-based venture capital firm Core Vision has acquired a stake in The Chairman Group, a holding group with five diversified...

CoreVision

Tunisia

Anava invests $5 million in Titan Seed Fund I to support Tunisian startups

Tunisia’s Anava fund of funds, run by Smart Capital, has pledged a $5 million investment in the Titan Seed Fund I, which is...

Anava Titan Seed Fund I

U.A.E

Cleantech Olive Gaea raises $1 million investment

UAE-based cleantech Olive Gaea has secured $1 million in funding from Cornerstone Venture. Founded in 2021 by Vivek Tripathi, Olive...

Olive Gaea Cornerstone Venture Cleantech

Egypt

Egyptian edtech Crafty Workshop raises $400,000 Seed from EdVentures

Egypt-based edtech Crafty Workshop has secured $400,000 in a Seed funding round led by EdVentures. Founded in 2019 by Hadeer Shalaby...

Crafty Workshop EdVentures EdTech

Saudi Arabia

Saudi fintech Takadao raises $1.6 million pre-Seed led by Draper Associates

Saudi Arabia-based fintech Takadao has raised a $1.6 million pre-Seed round, led by Silicon Valley-based investor Tim Draper, along with...

Takadao Draper Associates Fintech

U.A.E

XPANCEO raises $40 million Seed to launch AR contact lenses

UAE-based deep tech startup XPANCEO, has raised a $40 million Seed round, led by Hong Kong-based Opportunity Ventures (Asia). Founded...

XPANCEO Deep-tech Opportunity Ventures

Global

Tribal Credit renews $150 million debt facility to expand to Saudi Arabia

US-based fintech company, Tribal Credit, has renewed its $150 million debt facility from Partners for Growth (PFG), a global specialty...

Tribal credit

U.A.E

UAE’s gifting marketplace Share the Love raises Seed funding

UAE-based gifting e-commerce platform, Share the Love, has raised a Seed round from a group of angel investors. Founded in 2020 by...

Share the Love

U.A.E

Mindshift Capital invests in US healthtech MDisrupt

UAE and US-based gender-lens VC fund Mindshift Capital has taken part in the $3 million Seed funding round of US healthtech MDisrupt,...

healthtech Mindshift Capital MDisrupt

Iraq

Iraqi e-commerce startup Orisdi secures bridge investment

Iraq-based e-commerce platform Orisdi, raised a six-figure bridge round of investment in August 2023, from Al Sharqiya TV Group and...

Orisdi E-commerce

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