Wamda

Saudi Arabia

Eltizam raises SAR 2.5 million for its insurance marketplace

Saudi Arabia-based insurance as a service (IaaS) platform Eltizam, has raised SAR2.5 million ($666,000) via crowdfunding platform...

Eltizam Insurance Scooper

Saudi Arabia

Qalam raises funds from Wadi Makkah Ventures

Saudi Arabia-based publishing platform Qalam, has raised an undisclosed sum from Wadi Makkah Ventures. With the fresh funds, the...

Qalam Publishing Wadi Makkah

Saudi Arabia

What's next for Saudi Arabia's booming VC sector?

Five years into the Saudi Vision 2030 programme, venture capital (VC) funding in Saudi Arabia has risen to an all time high with a recorded...

VC PIF Jada Fund of Funds

Global

Australia's Zip acquires Spotii

ZIP a publically listed Australia-based buy now pay later (BNPL) company has fully acquired Dubai-based BNPL provider Spotii for...

Spotii Zip BNPL

Egypt

Mozare3 raises pre-Seed funding

Egypt-based agri-fintech platform Mozaer3, has raised a seven-figure pre-Seed funding round led by Algebra Ventures and Disruptech...

Agri-fintech Mozare3 Disruptech

U.A.E

Rizek raises $10 million Series A round

UAE-based on-demand home services startup Rizek, has raised a $10 million Series A funding round. Founded by Abdullah Abu Sheikh...

Rizek home services

Global

UAE's Calega, Oman-based investors invest in India-based ClassMonitor

UAE-based Calega family office investor group, Oman-based group of investors (Sarvann), along with PATH India, have led a...

ClassMomitor

Egypt

Tays raises pre-Seed funding for its professional networking app

Egypt-based networking app Tays has raised a seven-figure (EGP) pre-seed investment from several angel investors, some of whom will...

Tays social networking apps pre seed

Egypt

Flat6Labs closes second Egypt fund, raising EGP207 million

Cairo-based Seed accelerator and fund Flat6Labs, has raised EGP157 million towards the second close of its Egyptian fund, bringing its...

Flat6Labs Cairo Seed funding Sawari Ventures

Saudi Arabia

Gathern raises $6 million Series A led by STV

Saudi Arabia-based Gathern, a peer-to-peer (P2P) vacation rental marketplace has raised a $6 million Series A round led by STV with...

Gathern Series A

U.A.E

Mindshift Capital invests in US fitness startup

UAE-based Mindshift Capital has invested in US-based digital fitness platform FORTË, a subscription-based service offering...

Mindshift Capital Fund

Egypt

Homzmart closes $15 million Series A round

Egypt-based Homzmart, an online furniture and home goods marketplace has raised $15 million in its Series A round led by MSA...

Homzmart

Egypt

Telda raises $5 million pre-Seed round led by Sequoia Capital

Egypt-based fintech startup Telda, has raised a $5 million pre-Seed round, led by Sequoia Capital, with participation from Global...

Telda Fintech Gen Z

Egypt

Bosta raises $6.7 million Series A round

Egypt-based logistics and last-mile delivery company Bosta, has raised a $6.7 million Series A round led by global VC fund Silicon...

Bosta Last mile delivery Logistics

U.A.E

Foloosi raises $2 million in pre-Series A

UAE-based fintech startup Foloosi, has raised a $2 million (AED 7.4 million) pre-Series A funding round from Abu Dhabi-based angel...

Foloosi Fintech pre-Series A

U.A.E

Mamo raises $8 million in pre-Series A

UAE-based fintech startup Mamo has raised $8 million in its pre-Series A round led by Global Ventures, with the participation of 4DX...

mamo pay digital wallet

Jordan

ISSF invests $150,000 in Trteeb

Jordan’s ISSF has invested $150,000 in Jordan and Saudi Arabia-based Trteeb. The investment was made in January 2021. Trteeb is...

marketplace

U.A.E

MyBenefits raises $780,000 Seed round

UAE-based employee benefit platform MyBenefits, has raised a $780,000 Seed round from EdgeGlobal, with participation from individual...

MyBenefits Employee benifit programmes seed

Oman

MHD invests in Nabay.com

Source: Times of Oman Mohsin Haider Darwish, one of the largest and pioneering business houses in the Sultanate of Oman, has signed an...

Nabay.com ecommerce

Saudi Arabia

Retailo raises $6.7 million seed round

Saudi Arabia-based B2B e-commerce marketplace Retailo, has raised a $6.7 million seed round, co-led by Shorooq Partners and Abercross...

Retailo seed b2b

Jordan

CarSeer raises six-figure Seed investment

Jordan-based CarSeer, has secured a six-figure Seed investment from Arzan Venture Capital. Co-founded by Hashim Hasan and Amjad...

CarSeer automotive Arzan Venture Capital

Saudi Arabia

Sary raises $30.5 million Series B

Saudi Arabia-based B2B marketplace Sary has raised $30.5 million in a Series B round led by VentureSouq with participation from new...

SARY B2B e-commerce b2b

Egypt

Flextock raises $3.25 million pre-Seed round

Egypt-based e-commerce logistics marketplace Flextock, has raised a $3.25 million pre-Seed funding round from regional investors...

Flextock Logistics ecommerce

U.A.E

Protect4less raises $1 million in pre-Series A

UAE-based insuretech startup Protect4less, has raised a $1 million pre-Series A round from a group of family offices and private...

protect4less Pre Series A

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