Wamda

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

Regional

Mena startups raised $175 million in April 2021

Growth in investment continued last month as 44 startups across the Middle East and North Africa (Mena) raised more than $175 million in...

Investment

Pakistan

Dubai's VentureSouq invests in Karachi-based CreditBook's $1.5 million seed round

Source: Tech in Asia Pakistan has one of the world’s fastest-growing middle class populations and has seen a 720% increase in 4G...

VentureSouq CreditBook Bookkeeping

Saudi Arabia

Quix raises $800,000 for its drone-based delivery platform

Saudi Arabia-based logistics and on-demand delivery platform Quix, has raised SAR 3 million ($800,000) pre-launch from over...

Quix Crowdfunding delivery solutions

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