Wamda

U.A.E

Wamda participates in Verity's $800,000 pre-Seed round

UAE-based financial literacy startup Verity, has closed a $800,000 pre-Seed round, backed by regional venture capital firms,...

Verity Fintech financial literacy

Saudi Arabia

Saudi edtech AlGooru raises $600,000 pre-Seed funding

Saudi Arabia-based edtech AlGooru has raised $600,000 in a pre-Seed funding round from Nawa Co, Oqal Angel Network and...

AlGooru EdTech Nawa Co

Global

Why tech and sustainability in Asian markets are set for investment windfall

Trade and investment between the Middle East and both India and China have been steadily rising over the past few years. This has become...

India china

Kuwait

Zain Ventures invests in Switzerland-based BNPL ZoodPay's $38 million Series B round

Zain Group’s venture capital arm Zain Ventures has invested in Switzerland-based buy now pay later (BNPL) super...

Zain Ventures

Egypt

BlinkApp raises six-figure pre-Seed

Egypt-based mobility road assistance startup BlinkApp has raised a six-figure pre-Seed round, led by investors located in UAE and...

blinkapp mobility Transport

U.A.E

UAE aims to host 20 unicorns by 2031

The UAE aims to become home to 20 unicorns by 2031, this comes as part of its Entrepreneurial Nation initiative aimed at supporting the...

smes Entrepreneurial Nation

Saudi Arabia

Qreeb raises $506,600 Seed round

Saudi Arabia-based B2B e-procurement and facility platform Qreeb, has raised SAR 1.9 million ($506,600) from Wa’ed, the...

Wa'ed

Saudi Arabia

HealTec raises $1.2 million Seed round

Saudi Arabia-based B2B healthtech startup HealTec, has raised a $1.2 million Seed round, led by Nour Nouf Ventures (NNV), a...

healthtech

Egypt

Egypt's Educatly raises $1 million pre-Seed round

Egypt-based edtech Educatly has raised a $1 million pre-Seed round from Falak Startups, Enterprise Island along with a group of...

Educatly EdTech Falak Startups

Saudi Arabia

Car rental platform Telgani closes $2.5 million pre-Series A led by Impact46

Saudi Arabia-based car rental and mobility startup Teglani, has raised $2.5 million in a pre-Series A round led by Impact46 with...

Telgani mobility

Bahrain

Bahrain’s CoinMena secures $9.5 million Seed round

Bahrain-based crypto exchange CoinMena has raised $9.5 million in its first Seed funding round, from Beco Capital, Kenetic, Arab Bank...

CoinMena cryptocurrency

Regional

Startups in Mena raised $150 million in October 2021

Startups in Mena raised more than $150 million in October across 42 deals, a 55.5 per cent month-on-month decline in terms of value, but a...

investments VC funding

Egypt

Egypt’s e-grocery Rabbit raises $11 million pre-seed round

Cairo-based e-grocery Rabbit has closed its pre-Seed funding round of $11 million from Global Founders Capital, Foundation Ventures,...

Rabbit e-grocery

Morocco

Moroccan B2B e-commerce startup Sle3ti raises $1.3 million Seed round

Sle3ti, a Casablanca-based B2B marketplace, connecting FMCG retailers to wholesalers and distributors, has raised DH12 million...

Sl3ti B2B e-commerce

Jordan

Jordan's Eon Dental raises $26 million in Series B

Jordan-based dental tech company focused on clear aligner solutions Eon Dental, has raised a $26 million Series B round, led by MedTech...

dental tech eon dental

Saudi Arabia

3D printing startup Immensa raises $7 million Series A round

Saudi Arabia-based 3D printing startup Immensa has raised $7 million in a Series A funding round, structured by Gate Capital, and led by...

immensa 3d printing

Jordan

Jordan’s Muyawama raises $35,300 in pre-Seed

Jordan-based marketplace for professional services Muyawama, has raised a JOD 25,000 ($35,300) pre-Seed round from a group of angel...

Muyawama

Egypt

Benya Group, Openner launch $50 million fund to invest in Arab and African startups

Egypt-based tech solutions provider Benya Group has signed a memorandum of understanding (MoU) with venture capital firm Openner to...

Openner

Egypt

Edtech OTO receives $400,000 investment from EdVentures

Egypt-based edtech OTO has raised $400,000 in cash and in-kind services from corporate VC firm EdVentures to enhance distance...

OTO Education EdTech

U.A.E

Merit Incentives announces $5 million Series A round led by Impact46

UAE-based Merit Incentives, a customer and employee engagement platform, has raised $5 million in a Series A round led by Saudi’s...

Merit Incentives Impact46

Egypt

Capiter opens new office in Dubai

Egypt's Capiter, a B2B e-commerce startup, has opened a new office in Dubai. Capiter recently raised a $33 million Series A round,...

Capiter

Egypt

A15 invests in Egypt-based fintech Sympl

Egypt-based VC firm A15 has invested in fintech startup Sympl. The amount invested was not disclosed. Founded in October...

Sympl A15 Fintech

Jordan

ISSF invests $150,000 in Jordan’s NEXT Renewable Energy

Jordan-based Innovative Startups and SMEs Fund (ISSF) has announced a $150,000 investment in Jordan-based alternative energy provider...

ISSF NEXT Renewable Energy

Egypt

Egypt’s Breadfast closes $26 million Series A round

Egypt-based e-grocery Breadfast has raised $26 million in a Series A round co-led by Vostok New Ventures and Endure Capital, with...

Breadfast q-commerce dark stores

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