Wamda

Iraq

The realities of fundraising in Iraq

Ali Al Suhail is the managing director at KAPITA, a development company that invests and incubates startups in Iraq. He is also the...

fundraising KAPITA

Saudi Arabia

Savola Group establishes CVC arm with two investments

Saudi Arabia-based food and retail conglomerate Savola Group has established a corporate venture capital (CVC) arm and has completed two...

foodtech Last mile egrocery

Regional

BRINC MENA invests in Pakistan's Radical Growth Solutions

BRINC MENA, the food and agritech venture capital and accelerator firm has invested in Pakistan-based smart farming solutions...

agritech Brinc HASSAD

Saudi Arabia

Raqamyah raises $2.3 million investment

Saudi-based fintech peer-to-peer (P2P) lending platform, Raqamyah, has secured a $2.3 million investment round led by Impact46 with...

Fintech Investment Impact46

Jordan

Ibda3 startup accelerator selects 8 startups for its programme

Creative tech accelerator IBDA3, has announced its first group of eight Jordanian creative startup companies for its acceleration...

Ibda3 startup accelerator Creative technology

U.A.E

Wamda participates in FlexxPay’s $3 million pre-Series A round

Wamda, the Middle East region's leading startup ecosystem enabler, has invested in Dubai-based Shari’a compliant employee benefit...

FlexxPay Employee benifit programmes HRtech

Saudi Arabia

Averos receives follow-on funding from Wa’ed Ventures

Saudi Arabia-based Averos, has secured a follow-up investment from Wa’ed Ventures, the entrepreneurship arm of oil giant...

Averos Follow on funding Wa'ed

U.A.E

Play:Date raises $100,000

The children-focused social network app Play:Date has secured $100,000 in funding from digital marketing agency, Boopin. Launched in...

Play:Date

U.A.E

Hub71 raises more than $50m for startups in two years

Abu Dhabi’s global tech ecosystem, Hub71, raised Dh185 million ($50.4m) in capital for its community of startups since its launch in...

entrepreneurship tech hub Hub71

Regional

Mena startups raised $43 million in January 2021

The year began with a rather respectable amount raised in funding at $43 million, across 37 deals. This is $11.5 million more compared to...

Investment

U.A.E

UAE-based angel investors invest in India-based Siply's $1 million seed round

Source: YourStory Bengaluru-based micro-savings fintech platform, Siply, on Monday announced that it has raised $1 million in a...

Siply UAE angel investors

U.A.E

Creative Zone acquires stake in MySyara

Dubai-based business setup advisory firm Creative Zone, has revealed that it was one of the investors in MySyara's $650,000 investment...

MySyara automotive Creative Zone

Global

QIA invests $100 million in India-based VerSe Innovation

Source: YourStory Local language tech platform VerSe Innovation, which is the parent company of news aggregator Dailyhunt and...

VerSe innovation Video On Demand Qatar Investment Authority

Egypt

Sakneen raises $1.1 million seed round

Egypt-based property technology (proptech) platform Sakneen, has raised a $1.1 million seed funding round led by Algebra Ventures with...

Sakneen seed round Proptech

Saudi Arabia

Azom raises $9.5 million Series A

Saudi Arabia-based B2B electronics marketplace Azom, has raised a $9.5 million (SAR 36 million) Series A funding round from Assr...

Assraljawal Azom Electronics marketplaces

Bahrain

Al Zayani Investments Group launches a venture capital fund

Bahrain-based Al Zayani Investments Group has launched the Al Zayani venture capital (VC) fund, targeting local and regional...

Al Zayani Investments Group Bahraini ecosystem

Jordan

Jordan Tourism Board, Venture X launch tourism startup accelerator

Source: Trade Arabia The Jordan Tourism Board (JTB) has signed a memorandum of understanding (MoU) with Venture X to create a strategic...

Tourism Covid19 amman

Bahrain

Unipal raises six-figure seed round

Bahrain-based Unipal, has raised a six-figure seed round, led by Oqal with participation from other angel investors. The startup secured...

Unipal Tenmou Oqal

U.A.E

MySyara secures $650,000 in pre-Series A round

Dubai-based online automotive platform, MySyara, has secured a $650,000 pre-series A funding round. The investment was facilitated by JRC...

MySyara automotive Investment

Egypt

DilenyTech raises $160,000

Source: WAYA Egypt-based healthtech startup Dileny Technologies (DilenyTech) LLC secured a $160,00 non-equity grant. The fund will be...

Dilney tech healthtech Breast cancer

U.A.E

STARZPLAY raises $25 million in debt financing

UAE-based subscription and on-demand video service (SVOD) STARZPLAY, has secured a $25 million debt financing round from Abu Dhabi-based...

STARZPLAY on-demand video service Ruya Partners

U.A.E

Aldar Properties launches accelerator programme for global proptechs

Aldar Properties (‘Aldar’), has launched its corporate innovation programme, Aldar Scale Up, in partnership with Abu...

Aldar Properties startAD Proptech

Egypt

Zyda expands its e-commerce platform in Egypt

E-commerce platform provider Zyda, has expanded into the Egyptian market, with investments of over $2 million (EGP 30 million). Launched...

foodtech Zyda third party delivery

U.A.E

Hotdesk secures seed funding from ZVC

Dubai-based workspace platform Hotdesk, has secured seed funding from Zayani Venture Capital (ZVC) - the tech and venture capital arm of...

workspace Investment seed fund

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