Wamda

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

U.A.E

Wamda participates in Ziina’s latest $7.5 million funding round

Wamda has participated in UAE-basedZiina’s $7.5 million funding round which was led by Avenir Growth Capital and Class 5 Global....

wamda Ziina

Egypt

iSchool raises $160,000 to develop online edtech platform

Egypt-based edtech platform iSchool, has raised $160,000 in investment from EdVentures, the venture capital (VC) arm of Egypt’s...

EdTech

U.A.E

Opontia raises $20 million Seed round

Dubai-based e-commerce enabler Opontia, has raised $20 million in debt and equity in a Seed round from Global Founders Capital,...

b2b B2B e-commerce

Jordan

Decapolis raises $250,000 for its blockchain-powered food traceability platform

Jordan-based food safety and quality traceability platform Decapolis, has raised $250,000 from ISSF and Oasis500. The...

agritech Blockchain

Morocco

Orange and AXA CIMA to acquire majority stake in DabaDoc

Orange Middle East and Africa and AXA Assurance Maroc, an AXA CIMA entity, have agreed on a joint acquisition for a majority stage in...

healthtech dabadoc

Saudi Arabia

Red Sea Farms raises $10 million to expand across Saudi

Saudi Arabia-based agritech startup Red Sea Farms has received a $10 million investment fund from Wa’ed, the Future Investment...

agritech KAUST

Egypt

MoneyHash raises six-figure pre-Seed round

Egypt and US-based fintech MoneyHash has raised an undisclosed amount (six-figures) in a pre-Seed round led by COTU Ventures with...

Fintech MoneyHash COTU Ventures

Regional

Mena startups raised $110 million in May 2021

Startups in Mena raised almost $110 million across 35 deals in May. While it is a marked drop when compared to April, it is still an...

Investment

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