Wamda

U.A.E

UAE’s Hamples raises pre-Seed round from Nama Ventures

UAE-based try-before-you-buy e-commerce Hamples has raised pre-Seed funding round for an undisclosed amount by Nama Ventures. Founded ...

Hamples Nama Ventures

Bahrain

Rain raises $110 million in Series B funding co-led by Paradigm and Kleiner Perkins

Bahrain-based cryptocurrency exchange Rain, has raised $110 million in its Series B funding round co-led by Paradigm and Kleiner Perkins...

cryptocurrency rain

Egypt

ExpandCart closes $2.7 million pre-Series B round

Cairo-based e-commerce platform builder ExpandCart has raised $2.7 million in a pre-Series B bridge funding round, led by Hong...

ExpandCart e--commerce

Palestine

Ibtikar Fund II closes first round at $15 million

Palestine-based Ibtikar Fund has announced the first closing of its second fund Ibtikar Fund II CV at $15 million out of a target fund...

Ibtikar Fund

Saudi Arabia

Saudi Arabia’s Lucidya raises $6 million in second funding round

Saudi-based SaaS platform Lucidya has raised its second round of funding of $6 million, led by Rua Growth Fund with participation...

Lucidya SAAS

Saudi Arabia

Wamda participates in Penny Software's $5 million Seed round

Wamda has participated in KSA-based Penny Software's $5 million Seed round, which was led by Outliers Venture Capital, and with...

Jordan

ISSF invests $1.5 million in Global Ventures

Innovative Startups and SMEs Fund (ISSF) has invested $1.5 million in UAE-based Global Ventures, a venture capital fund that invests in...

ISSF Global Ventures

Egypt

Egypt's edtech Orcas raises $2.1 million

Cairo-based edtech Orcas has raised $2.1 million in its pre-Series A round, co-led by CIRA’s NFX Ventures and Access Bridge...

Orcas EdTech

Qatar

Qatar Investment Authority invests in Checkout.com’s $1 billion Series D round

Qatar Investment Authority (QIA) has contributed to the $1 billion Series D round raised by Checkout.com at a valuation of $40 billion,...

Qatar Investment Authority Checkout.com

Egypt

Egypt's foodtech 3attar raises Seed investment

Cairo-based foodtech startup 3attar has secured Seed investment from AUC Angels, UI Investment and a group of angel...

3attar foodtech AUC Angels

U.A.E

UAE’s logistics startup Shorages raises $700,000 Seed funding

UAE-based logistics startup Shorages has raised a Seed round of $700,000. Founded in 2019 by Rayan Osseiran, Shorages provides...

Shorages E-commerce Logistics

Iraq

Alsaree3 Group raises $3.2 million bridge round

Iraq-based food delivery app Alsaree3, and its sister company on-demand last-mile delivery platform Al Zajel, have raised another bridge...

Alsaree3 q-commerce

U.A.E

Gaming platform Zone raises $2.35 million

UAE-based gaming and decentralised finance (gamefi) ecosystem Zone, has raised $2.35 million, from DAO Maker, GSR, Altonomy,...

Zone GameFi

U.A.E

Fitness app Fit On Click raises $1.5 million pre-Series A round

UAE-based fitness startup Fit On Click has closed a $1.5 million pre-Series A funding round led by Arrow Capital. Founded in 2017, by...

Fit On Click ARROW CAPITAL

Lebanon

FabricAID raises $1.6 million with participation from Wamda

FabricAID, a Lebanon-based social enterpris,e has raised a $1.6 million Seed round from Wamda and Alfanar. Founded in 2017 by Omar...

circular economy Fabricaid

Saudi Arabia

Dawul raises $5 million in Seed round led by RAED Ventures

Saudi Arabia-based social trading platform Dawul has raised $5 million in a Seed round led by RAED Ventures with participation from...

Dawul Raed Ventures Seedra Ventures

Saudi Arabia

Saudi Arabia’s Squadio raises Seed round from SEEDRA Ventures

Saudi Arabia-based HR platform Squadio, has raised its Seed funding round from Riyadh-based SEEDRA Ventures. Founded in 2019 by Khaled...

Squadio Seedra Ventures

Saudi Arabia

FOODICS acquires Jordan's POSRocket

Saudi Arabia-based fintech and foodtech startup FOODICS has fully acquired the Jordan-based POS service provider POSRocket for an...

Foodics posrocket

Kuwait

Q-commerce startup Fiz raises $2.5 million in pre-Seed

Kuwait-based e-grocery delivery startup Fiz has raised a $2.5 million pre-seed round, led by the Taken Seat and Relish Venture Partners,...

kuwait FIZ

Regional

REEF to launch cloud kitchens across Mena

REEF Technologies, a US-based operator of delivery kitchens, logistics and proximity hubs, has announced plans to launch cloud kitchens...

Reef technology Cloud kitchens

Bahrain

Al Waha Fund of Funds invests in VentureSouq's fintech-focused Fund

Bahrain’s Al Waha Fund of Funds has invested in VentureSouq’s fintech fund, an early-stage fund that aims to...

VentureSouq

Regional

Mena startups raised $206 million in December 2021

Startups in the Middle East and North Africa region (Mena) raised $206 million in December 2021 across 44 deals, a 27.5 per cent decrease...

Investment

U.A.E

Verofax raises $1.5 million in pre-Series A round

UAE-based blockchain provider Verofax Limited has raised $1.5 million in its pre-Series A round, led by Benson Oak Ventures, with 500...

Verofax Blockchain

Saudi Arabia

Saudi startup Kleen raises $533,000 pre-Seed round

Saudi Arabia-based laundry services provider Kleen has closed a SAR2 million ($533,000) a pre-Seed round with the participation of Share...

Kleen Share Investment

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