Wamda

Egypt

MNT enters share swap deal with super app Halan

Netherlands-based MNT Investments BV has entered a share swap agreement with Egypt-based super app Halan. The deal is expected to...

Halan super app BNPL

Palestine

EIB backs Palestinian startups with a $50 million grant to Bank of Palestine

The European Investment Bank (EIB) announced a $50 million grant to the Bank of Palestine to support the Palestinian private...

palestine smes EIB

U.A.E

Alma Health receives investment from Oryx Fund

Abu Dhabi-based healthtech startup Alma Health has secured investment led by Hambro Perks’ Oryx Fund, alongside strategic angel...

uae healthtech Alma Health

Global

Floward raises $27.5 million in Series B

Kuwait-based flowers and gifts marketplace Floward, has raised $27.5 million in a Series B funding round led by STV with participation...

Floward Floral markerplaces ecommerce

U.A.E

tabby raises $50 million in debt financing from Partners for Growth

Dubai-based buy now pay later (BNPL) startup tabby has raised $50 million in debt financing from Partners for Growth. Founded...

BNPL Tabby

Saudi Arabia

NearMotion receives follow-on investment from Wa’ed

Saudi Arabia-based digital mapping and navigation startup NearMotion has received follow-on investment from Aramco’s...

NearMotion Navigation ksa

Saudi Arabia

Saudi fintech Tweeq closes funding round led by STV, Raed Ventures

Riyadh-based fintech platform Tweeq has raised an undisclosed funding round, co-led by STV and Raed Ventures. Founded in 2020 by...

Fintech Tweeq

Regional

Watheeq launches $26.7 million proptech fund

Saudi Arabia-based investment management and financial advisory company Watheeq Financial Services, has launched SAR 100 million ($26.7...

Proptech Watheeq

Egypt

Egypt's Trella raises $42 million in debt and equity

Cairo-based digital freight marketplace Trella has raised $42 million in a funding round comprising $30 million in new equity and...

Trella Egypt

Global

Localized raises $2.2 million Seed round

US-headquartered Localized, a platform that connects job seekers in the Middle East and North Africa (Mena) region with local and...

Localized Job listing seed

U.A.E

Beehive receives Dh30 million in grant from EDB to finance UAE SMEs

UAE institutional investor, Emirates Development Bank (EDB) has granted peer-to-peer (P2P) lending platform Beehive, Dh30 million...

beehive EDB p2p

U.A.E

The Luxury Closet raises $14 million

UAE-based The Luxury Closet has raised $14 million in a round led by GMP Investments, with participation from regional and...

The Luxury Closet

Lebanon

BASMA raises $3 million Series A round to scale operations in Mena and GCC

Lebanon-founded direct-to-consumer (D2C) digital dental startup BASMA, has raised a $3 million Series A funding round, led by...

Basma digital healthcare Series A

Saudi Arabia

FloraNow acquires AstraFarms' flower distribution business

Dubai-based B2B floral marketplace Floranow has acquired Saudi Arabia-based distribution business of Saudi...

Astra Farms Floranow Floral markerplaces

U.A.E

Hub71 and Modus Capital launch venture builder in Abu Dhabi

Abu Dhabi’s tech ecosystem Hub71 joins US-based VC and venture builder Modus Capital to launch Ventures Lab in the UAE,...

Hub71 abu dhabi

Egypt

eMushrif acquires Tareeqi

eMushrif, an Oman-based startup specialising in digital transport tracking systems, has acquired Egypt-based transport tracking app...

Tareeqi Smart transport tracking app eMushrif

Bahrain

Taajer raises $32,000 Seed round

Taajer, Bahrain-based B2B e-commerce connecting retailers to wholesalers, has raised a $32,000 Seed investment from Flat6labs Bahrain...

Taajer B2B ecommerce Flat6Labs

Pakistan

Pakistan's GrocerApp raises $5.2 million Series A from several Mena investors

Pakistan-based e-grocery startup GrocerApp has raised $5.2 million in a Series A round led by Hayaat Global with participation from...

e-grocery

Global

Global Ventures leads $10.8 million pre-Series A round for US-based Nexford University

UAE-based venture capital firm Global Ventures has led a $10.8 million pre-Series A funding round for US-based digital...

Global Ventures Nexford University Series A

Jordan

Edtech startup Adam Wa Mishmish raises $475,000 Seed funding

Jordan-based edtech startup Adam Wa mishmish, has raised a $475,000 Seed round, led by Hadi Badi, a Saudi initiative aimed at improving...

EdTech Adam Wa Mishmish

Egypt

DressCode raises $250,000 from Egypt Ventures

Cairo-based fashion e-commerce startup DressCode, has raised $250,000 from its existing investor Egypt Ventures, which led the...

Dresscode fashion ecommerce Egypt Ventures

U.A.E

Boksha raises $1 million Seed investment

Boksha, a UAE-based marketplace for fashion designers, has raised a $1 million Seed funding round from Sandooq Al Watan and several...

Boksha fashion ecommerce

Jordan

OpenSooq raises $24 million for its classifieds marketplace

Jordan-based online classifieds marketplace OpenSooq, has raised $24 million in a round led by Saudi Arabia's sovereign wealth fund,...

OpenSouq ecommerce PIF

Egypt

Openner invests in tejarra.com’s Seed round

US-based VC and venture builder, Openner, which last year launched its accelerator in Cairo, has invested in electronic e-commerce...

Openner

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