Wamda

U.A.E

Aliph Capital secures $125 million investment from ADQ

UAE-based private equity firm Aliph Capital has secured a $125 million investment for its maiden fund, Aliph Fund I (LP), from Abu...

Aliph Capital ADQ

Egypt

Egypt’s Seqoon raises $500,000 pre-Seed round

Egypt-based proptech Seqoon, has raised $500,000 in a pre-Seed round through Banque Misr’s pilot programme to support startups in...

Seqoon real esate Proptech

Saudi Arabia

Tachyon raises $1.6 million pre-Seed round

Saudi Arabia-based B2B logistics platform Tachyon, has raised a $1.6 million pre-Seed round from undisclosed investors. Founded in...

Tachyon Logistics

Egypt

KarmSolar secures $2.4 million funding from QNB ALAHLI

Egypt-based cleantech KarmSolar has secured $2.4 million in funding from Qatar National Bank ALAHLI (QNB ALAHLI), as part of...

KarmSolar solar energy QNB ALAHLI

Egypt

valU acquires minority stake in fintech Kiwe

Egypt-based fintech valU has acquired a minority stake in the social payment app Kiwe, for an unknown amount. Founded in 2018 in Egypt...

valu Kiwe Fintech

Egypt

MaxAB closes $40 million pre-Series B round

Egypt-based food and grocery B2B e-commerce platform MaxAB, has closed a $40m pre-Series B equity round from Silver Lake, British...

MaxAB b2b E-commerce

Jordan

US Fresh Del Monte invests in Jordanian agritech Decapolis

US-based agriculture company Fresh Del Monte Produce has acquired a 39 per cent stake in Jordanian agritech Decapolis. Founded in 2018...

Fresh Del Monte Decapolis agritech

Egypt

Trella attracts new $6 million debt financing from ALMA

Egypt-based B2B trucking marketplace Trella has secured $6 million in debt funding from ALMA Sustainable Finance (ALMA) and the US...

Trella Alma trucking

Egypt

Egypt’s Kenzz raises $3.5 million Seed round

Egypt-based mass e-commerce startup Kenzz, has completed a $3.5 million Seed fundraise led by Outliers Venture Capital, HOF Capital,...

Kenzz Outliers Venture Capital E-commerce

Saudi Arabia

Zid raises $50 million Series B round led by IMPACT46

Saudi Arabia-based e-commerce enabler Zid, has raised $50 million in Series B funding, led by IMPACT46 with participation from new...

Zid Impact46 E-commerce

U.A.E

VUZ raises $20 million Series B investment

UAE-based social app VUZ has raised $20 million in Series B investment, from Caruso Ventures, Vision VC Fund, e& capital, Dubai...

VUZ Social App XR

Egypt

Egypt’s Telda raises $20 million Seed round

Egypt-based fintech Telda, has raised $20 million in Seed funding, led by Global Founders Capital with participation from Sequoia...

Telda Fintech

Egypt

Roboost closes six-figure Seed round

Egypt-based delivery management solution Roboost has secured a six-figure Seed round from Falak Startups, AUC Angels, as well as...

Roboost Flat6Labs Delivery

Egypt

FlapKap closes $3.6 million Seed round

Egypt-based e-commerce financing platform FlapKap has closed a $3.6 million Seed round from Bolt by QED, Nclude, Outliers, and...

FlapKap financing E-commerce

Egypt

i‘SUPPLY raises $1.5 million pre-Seed round

Egypt-based B2B pharma platform i‘SUPPLY has raised a $1.5 million pre-Seed round, led by Disruptech Ventures among other...

i‘SUPPLY medtech

Oman

Mexico’s Kavak merges with Carzaty to expand to GCC

Mexico-based pre-owned cars platform KAVAK has expanded its operations to the UAE and Oman by merging with regional player...

Kavak Carzaty

Egypt

Mastercard invests in Egypt's Nclude

Egypt-based VC fund Nclude has raised an undisclosed investment from Mastercard, to accelerate Egypt's fintech ecosystem. The...

Nclude MasterCard Fintech

Egypt

Vezeeta raises undisclosed growth funding

Egypt-based healthtech Vezeeta has raised an undisclosed amount of growth funding, from Abu Dhabi-based Gulf Capital and Sweden-based...

Vezeeta Gulf Capital healthtech

U.A.E

Five FS closes $3.5 million Seed round

UAE-based fintech Five FS has raised $3.5 million in Seed funding led by Romanian VC firm Zeyshare Ventures at a $30 million...

Five FS Zeyshare Ventures Fintech

Jordan

Wafii raises Seed round to launch crypto Cashback platform

Jordan-based rewards platform Wafii, has raised an undisclosed amount for its Seed round, led by GMS Ventures & Investments and...

Wafii Loyalty Programs crypto

U.A.E

Mindshift Capital participates in Wellbees’ $2.2 million Seed round

UAE-based VC firm Mindshift Capital has taken part in US employee wellness platform Wellbees’ latest $2.2 million Seed funding...

Mindshift Capital Wellbees HR solutions

Saudi Arabia

Saudi Arabia’s anb invests in Cashee’s Series A round

Saudi Arabia-based bank anb has participated in UAE-based fintech Cashee’s Series A round. The amount invested was not...

Cashee ANB financial inclusion

U.A.E

Nadeera wins $100,000 grant from PepsiCo

UAE-based cleantech Nadeera has won a $100,000 grant as part of PepsiCo’s Greenhouse Accelerator Programme. Founded in...

Nadeera Pepsico Cleantech

Regional

Mena startups raised $173 million in September 2022

Startups in Mena raised $173 million across 51 deals as investment levels continue to decline this year. This marks a 54 per cent drop...

Investment

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you