Wamda

Bahrain

Gaming on the rise: Twitch Arabic video streams soar in 2020

As the Covid-19 pandemic forced millions to stay home for longer periods of time, the video game industry experienced an unpreceded growth...

Twitch video games Video Streaming

Egypt

Odiggo raises $600,000 seed round

Egypt-based digital marketplace for automotive spare parts Odiggo, has raised $600,000 in a seed funding round from Essa Al-Saleh, former...

Odiggo car spare parts Seed funding

Egypt

Zeew raises six-figure seed round

Egypt-based software-as-a-service (SaaS) startup Zeew, has raised a six-figure investment seed round from Estonia-based angel...

Zeew Food & Beverage food ordering

Jordan

GoCash raises $300,000 pre-seed investment

Jordan-based financial technology (fintech) startup GoCash, has raised $300,000 in a pre-seed investment round from a group of Amman-based...

Fintech Gocash ATM market

Saudi Arabia

Ynmo raises $500,000 seed

Saudi Arabia-based education technology (edtech) platform Ynmo, has raised a $500,000 seed round from the entrepreneurship investment arm...

Ynmo EdTech SAAS

U.A.E

Zbooni raises $5 million in Series A

UAE-based e-commerce enabler Zbooni, has raised a $5 million Series A funding round led by an undisclosed London-based fund. Founded in...

Zbooni ecommerce enablement Series A

Saudi Arabia

Hakbah app raises $1.2 million seed

Saudi Arabia-based financial technology (fintech) startup Hakbah, has raised $1.2 million (SAR 4.5 million) in its seed round. Founded...

Hakbah ROSCA financial inclusion

U.A.E

spiderSilk raises $2.3 million in pre-Series A

Dubai-based cybersecurity firm spiderSilk, has raised a $2.25 million pre-Series A funding round, co-led by Global Ventures and STV, with...

Cypersecurity Global Ventures spiderSilk

U.A.E

ArabyAds acquires Dmenta

UAE-headquartered online advertising and consumer intelligence platform (adtech) ArabyAds, has acquired Dubai-based influncer and brand...

ArabyAds Dmenta adtech

U.A.E

Rising Giants Network secures $1 million investment

Dubai-based Rising Giants Network (RGN), a bilingual podcasting network, has secured a $1 million investment deal, led by Triangle Media,...

content podcasts Investment

Jordan

Jordan’s TWIG raises funding from AMC

Jordan-based agritech startup TWIG, has raised investment from Miqdadi Agricultural Materials Company (AMC). TWIG works as a...

Home gardening agritech foodtech

Tunisia

NewGen, MooMe raise funding from Maxula Seed Fund

Source: Disrupt Africa Two Tunisian tech startups have secured investment from the newly-launched Maxula Seed Fund, which aims to...

Maxula Seed Fund MeMoo NewGen

Saudi Arabia

Tamara raises $6 million in seed funding

Saudi Arabia-based buy now pay later (BNPL) startup Tamara, has secured a $6 million (SAR 22.5 million) seed round led by...

Buy now pay later

Global

KBW Ventures invests in BlueNalu

UAE-based KBW Ventures has increased its stake in US-based BlueNalu, participating in its newly-raised $60 million convertible note...

BlueNalu KBW Ventures

U.A.E

Mohamed Hilal Group invests in Spain’s VirtuE through SAIN

UAE-based Mohamed Hilal Group has signed an investment agreement with Spanish Startup VirtuE R&D, through the newly-launched Sharjah...

Virtue R&D AI Mohamed Hilal Group

Global

Derayah VC invests in Pakistan’s Bazaar

Saudi Arabia-based Derayah Venture Capital has invested in Pakistan-based business to business (B2B) e-commerce platform Bazaar’s...

Bazar b2b ecommerce

Global

VentureSouq invests in Singapore-based Volopay

Source: TechCrunch Volopay, a Singapore-based startup building a “financial control center” for businesses, announced today...

VentureSouq Volopay Volopay

Global

Alpha Wave leads $2.5 million seed round in India’s Udayy

Source: YourStory Udayy, the Gurugram-based edtech startup, has raised $2.5 million in a seed round led by Alpha Wave Incubation (AWI),...

U.A.E

Wamda participates in Ziina’s seed round

Wamda has invested in UAE-based peer-to-peer (P2P) payment application Ziina’s seed funding round, which was led by the Oman...

Ziina Fintech

Bahrain

Rain secures $6 million Series A

Bahrain-based cryptocurrency exchange Rain has raised $6 million in its Series A round of funding. The round was led by Middle East Venture...

crypto cryptocurrency

Saudi Arabia

Jada to invest in Merak Capital

Source: Saudi Gazette Jada Fund of Funds Wednesday made an official commitment to Merak Technology Ventures Fund, which focuses on...

Jada Fund of Funds Merak Capital early stage funding

Iraq

Hi-Express raises seed investment from Iraqi Angel Investors Network

Iraq-based Hi-Express has raised a “six-figure” seed round led by the Iraqi Angel Investors Network (IAIN), marking the...

Logistics Last mile

Egypt

Opio raises $300,000 seed investment

Egypt-based women’s fashionwear brand Opio has raised $300,000 in a seed round from AUC Angels, local and regional angel investors...

direct-to-consumer

Regional

Rise of angels: More money or more inexperienced investors?

Angels are coming forth in the Middle East, more ready than ever to start investing in startups. Over the past year, several new angel...

Angel Investment

Thought Leadership

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