Wamda

U.A.E

Omooma raises $2.5 million for its mother-centric content platform

UAE-based female health Arabic content platform Omooma, has raised $2.5 million from E20 Investment LTD. Co-founded by Romain...

Omooma

Tunisia

Anava fund of funds invests $5.2 million in Silicon Badia’s BIF2

Tunisia-based Smart Capital, the manager of the Anava fund of funds, has invested $5.2 million in the Badia Impact Squared Fund (BIF2),...

Anava silicon badia

Global

SWVL expands to Mexico with Urbvan acquisition

UAE-based mobility services provider SWVL has acquired Urbvan, a Mexico-based mass mobility startup. Founded in 2016 by Renato Picard...

Urbvan Swvl

Morocco

Aza Petrosolutions raises $296,000 from Maroc Numeric Fund II

Morocco-based startup Aza Petrolsolutions (formerly Aza Petroleum), has raised MAD 3 million ($296,000) in a fresh funding round from...

Aza petrosolutions

U.A.E

Proptech houza raises $5.5 million pre-Series A round

UAE-based proptech houza, has raised $5.5 million in a pre-Series A round from Emirati real estate agencies. Founded in 2020 by...

houza Proptech

Tunisia

Tunisia’s Paymee raises six-figure round led by P1 Ventures

Tunisia-based fintech Paymee, has closed a six-figure funding round led by P1 Ventures. Founded in 2018 by Marwen Amamou, Paymee...

Paymee P1 Ventures Fintech

U.A.E

Web design tech startup Bhatia raises $400,000

UAE-based design tech startup Bhatia, has raised $400,000 in a Seed round led by Eureeca Holdings. Founded in 2019 by Dushyant...

Bhatia

Regional

Startups in Mena raised $324 million in June 2022, propelling H1 to $1.7 billion

Startups in the Middle East and North Africa region (Mena) raised $323.7 million across 66 deals in June 2022, an 84 per cent increase in...

Investment Funding

Egypt

MNT-Halan closes $150 million securitised bond issuance

Tasaheel, a wholly-owned subsidiary of Egypt-based fintech superapp MNT-Halan, has closed a securitised bond issuance of $150 million,...

Halan Tasaheel

Global

African growth promise tempts investors

By Joseph Cotterill A list of Africa’s fastest-growing companies that is topped by Kenyan tech disrupters, South African...

africa

U.A.E

UAE's LYVE acquires majority stake in Jeebly

UAE-based B2B logistics platform LYVE, has acquired a majority stake in Jeebly, a last-mile logistics provider based in the...

Jeebly Lyve

U.A.E

Supy raises $8 million Seed round

UAE-based B2B food marketplace Supy, has raised $8 million in a Seed round led by BECO Capital with participation from Valia Ventures,...

Supy BECO Capital

Qatar

Qatar fintech Karty raises $1.2 million pre-Seed

Qatar-based fintech Karty, has raised a $1.2 million (QR4.3M) pre-Seed round from Visa, Qatar Development Bank (QDB), Qatar Foundation,...

Karty

U.A.E

Digital banking YAP raises $41 million in funding

UAE-based fintech YAP, has raised $41 million in funding from Saudi Arabia's Aljazira Capital, Abu Dawood Group, Astra Group and...

YAP digital bank

Saudi Arabia

Saudi Arabia’s AlGooru raises $1.8 million Seed round

Saudi Arabia-based edtech AlGooru, has raised $1.8 million in a Seed round from RAZ Group, RZM Investment, 100 Ventures, RAY Investment,...

AlGooru EdTech RAZ Group

U.A.E

Pure Harvest secures $180.5 million from global investors to fund expansion

UAE-based agritech Pure Harvest Smart Farms, has raised $180.5 million in its latest growth funding round. Investors included Metric...

agritech Pure Harvest Smart Farms

Global

KBW Ventures invests in Eclipse’s $40 million Series B round

UAE-based KBW Ventures, founded by HRH Prince Khaled bin Alwaleed bin Talal Al Saud, has invested in US-based dessert brand...

Eclipse

U.A.E

School of Humanity raises Seed round

UAE-based School of Humanity, an online high school, has raised an undisclosed Seed funding round led by Singapore-based educational...

School of Humanity

U.A.E

DIFC launches Open Finance Lab

Dubai International Financial Centre (DIFC) has launched the Open Finance Lab, a six-month programme designed to promote financial...

DIFC

Saudi Arabia

SVC Invests in the first venture debt fund

Saudi Venture Capital (SVC) has invested in a venture debt fund managed by Partners for Growth. The fund focuses on offering...

SVC Saudi Arabia Partners for Growth (PFG)

Saudi Arabia

Nama Ventures invests in US-based IT startup Brev.dev

Saudi Arabia-based VC firm Nama Ventures has invested an unknown amount in US-based containers for development Brev.dev. Founded in...

Nama Ventures Brev.dev

Saudi Arabia

BIM Ventures launches $32 million BIM Investments II

Saudi Arabia-based VC venture studio BIM Ventures has announced the launch of its second VC fund “BIM Investments II” with a...

BIM Ventures BIM Investments II Venture Capital

U.A.E

Vamstar closes $9.5 million Series A round

UAE-based healthtech Vamstar, has closed its $9.5 million Series A funding round, led by Alpha Intelligence Capital (AIC) and Dutch...

Vamstar healthtech Alpha Intelligence Capital

Egypt

AI startup Synapse Analytics raises $2 million pre-Series A round

Egypt-based AI tech startup Synapse Analytics, has raised $2 million in a pre-Series A funding round led by Egypt Ventures, with...

Synapse Analytics Egypt Ventures AI

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