Wamda

Global

Scalo Technologies leads $3.5 million round for gaming startup Hexacore

Dubai-based Scalo Technologies, has led a $3.5 million round for Hexacore, a Polish web3 mobile game publisher. The round...

Scalo Technologies

U.A.E

YallaHub raises $6 million pre-Series A round

UAE-based marketplace aggregator and quick commerce startup YallaHub has raised $6 million in a pre-series A funding round, co-led by...

YallaHub E-commerce marketplace

Tunisia

Tunisia’s Kaco secures new funding round

Tunisia-based mobility startup Kaco has raised an undisclosed amount in a fundraising round from UGFS North Africa. Founded in 2018 by...

Kaco UGFS mobility

Jordan

ISSF invests $2 million in Oryx Fund to empower Jordanian startups

Jordan's Innovative Startups and SMEs Fund (ISSF), has invested $2 million in Hambro Perks' Oryx Fund to empower the Jordanian...

ISSF Oryx Fund

U.A.E

UAE’s Growdash secures $750,000 pre-Seed funding to support GCC expansion

UAE-based foodtech startup Growdash has raised a $750,000 pre-Seed round led by Flat6Labs, with participation from Plus Venture Capital...

Growdash

U.A.E

ONE MOTO secures $40 million investment

UAE-based mobility startup ONE MOTO Technologies has secured $40 million in lease financing, led by Pyse along with other...

One Moto

Regional

Is the slowdown in investment a good thing for Mena?

Issa Aghabi is the co-founder and managing partner of UAE-based VC, Access Bridge Ventures Things over the past six to nine months have...

Access Bridge Ventures Investment

U.A.E

Agthia Group launches $54 million CVC fund for foodtech startups

UAE-based food and beverage company Agthia Group PJSC has launched a $54 million VC fund “Agthia Ventures”. The CVC,...

Agthia Group Agthia Ventures ADQ

U.A.E

Alma Health closes Series A round at $10 million

UAE-based healthtech startup Alma Health has raised a $10 million Series A funding round co-led by Knuru Capital and Hambro Perks Oryx...

Alma Health healthtech Knuru Capital

Bahrain

Unipal raises $500,000 to support Saudi expansion

Bahrain-born startup, Unipal, has raised a $500,000 follow-on investment from Tenmou and Flat6labs, with participation from GTS and...

Unipal

Global

Nuwa Capital leads $1.2 million pre-Seed round for US-based Mascotte Health

UAE-based Nuwa Capital has led a $1.2 million pre-Seed round for US-based Mascotte Health. The round also drew participation from...

Nuwa capital

Egypt

Egyptian fintech Menthum raises pre-Seed funding

Egypt-based fintech Menthum has raised pre-Seed funding from Acasia Ventures, along with A15 and other angel investors. Founded...

Menthum Acasia Ventures A15

Egypt

US-based Practical VC invests in Egypt’s EXITS MENA

US-based venture capital Practical VC has invested in Egypt’s EXITS MENA (Exits.ME), an M&A advisory firm and investment...

Exits.me

U.A.E

UAE’s Revibe raises $2.3 million to grow its refurbished electronics marketplace

UAE-based refurbished-electronics startup Revibe has raised $2.3 million led by Resonance, and Flat6Labs, with participation from...

Revibe

Morocco

Morocco’s Agenz secures $1.3 million pre-Series A

Morocco-based proptech Agenz, has raised $1.3 million in a pre-Series A financing round from Azur Innovation Fund, Maroc Numeric Fund...

Agenz Azur Innovation Fund Maroc Numeric Fund II

U.A.E

UAE’s HRtech alfii raises $2.5 million pre-Seed round

UAE-based HRtech startup alfii has raised a pre-Seed funding round of $2.5 million, led by US-based venture capital firm, Preface...

alfii HR solutions HR tech

Egypt

Egypt’s Masroofi raises $1.5 million

Egypt-based fintech Masroofi, has closed a $1.5 million investment round from undisclosed investors. Founded in 2022 by Mostafa...

Masroofi Fintech

Saudi Arabia

NOMU Group raises $5 million Seed round to expand product offering

Saudi Arabia-based foodtech startup NOMU, has raised a $5 million Seed round from DIV Capital, Shurfah, Core Vision, Purity for...

Nomu

Global

Islamic Coin raises $200 million from ABO Digital

Switzerland-based cryptocurrency developer Islamic Coin has raised $200 million in private equity from Alpha Blue Ocean’s ABO...

Islamic Coin ABO Digital

Morocco

Morocco’s Chari raises $1.5 million from Verof-Kepple Africa Ventures

Morocco-based B2B e-commerce and fintech startup Chari has raised $1.5 million from Verof-Kepple Africa Ventures. The investment...

Chari

Regional

Mena startups raised $35.6 million in June, pushing half year total to $1.6 billion

Startups in Mena raised $35.6 million in June 2023 across 45 deals, pushing the half year funding total to $1.6 billion. While May...

Investment

U.A.E

Logistics provider Transportr closes eight-figure Seed round

UAE-based logistics platform Transportr, has completed an eight-figure Seed funding round by Ittihad Ventures Holding, the VC arm of...

Transportr Logistics freight

Egypt

Saudi VMS acquires minority stake in Egyptian accelerator Cash Cows

Saudi VMS, a startup accelerator based in Saudi Arabia, has acquired a minority stake in its Egyptian counterpart, Cash Cows. The...

Cashcows

Bahrain

UAE’s HashMove raises pre-Series A round led by Bunat Ventures

UAE-based logistics platform HashMove has raised an undisclosed pre-Series A round, led by Bahrain’s Bunat Ventures in...

Bunat Ventures HashMove Logistics

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