Wamda

Kuwait

Baims secures first edtech funding in Kuwait

Kuwait-based Baims has secured a seed round funding, the first education technology (edtech) investment in Kuwait. The round was led by...

EdTech Education

Global

Falcon Eye Drones raises investment from Aerodyne Group

Falcon Eye Drones Services (FEDS) Group Holdings, announced a “major strategic investment” from global drone-based management...

Drones Aerodyne Group Falcon Eye Drones

U.A.E

Sheraa awards Little Thinking Minds $100,000 grant

Source: Khaleej Times The Sharjah Entrepreneurship Center (Sheraa), has awarded its first Access Sharjah winner, 'Little...

Sheraa little thinking minds

Global

Mubadala Capital invests in US-based Wellpay

Source: IBSintellegence California-based Wellpay, a FinTech platform provider for the healthcare industry, has also announced that...

Mubadala Capital Wellpay Fintech

Regional

Mena startups raise $277 million in Q1 2020

Source: Arabian Business Startups in the Middle East and North Africa (Mena) region raised $277 million in the first three months of...

MAGNiTT Q1

U.A.E

HDC raises $350,000 in seed funding

UAE-based startup Hotel Data Cloud (HDC), has raised $350K in seed funding from both local and international investors, to help hotels...

HDC online booking covid-19

U.A.E

ADIO allocates $100 million to four agritech companies

Source: The National Abu Dhabi Investment Office (Adio) invested $100 million (Dh367m) to bring four agriculture technology companies to...

agritech Abu Dhabi Investment Office (Adio)

U.A.E

Mamo Pay raises $1.5 million

UAE-based Mamo Pay, a peer-to-peer payments app has raised $1.5 million in a round led by Global Founders Capital (GFC) with participation...

mamo pay Fintech

Regional

The Impact of the COVID-19 outbreak on the entrepreneurship ecosystem [Survey]

As the COVID-19 outbreak continues to impact the way we live, work and operate, very few startups in the region have managed to escape...

U.A.E

Pure Harvest secures $100 million multi-stage commitment from Wafra

UAE-based Pure Harvest Smart Farms, an agriculture tech (agritech) startup, has raised $20.6 million in its Series A round, led by...

kuwait Pure Harvest Smart Farms Series A

Saudi Arabia

SARY secures $6.6 million

Source: Reuters Saudi Arabia’s digital marketplace Sary, which connects small businesses with merchant wholesalers, has secured...

SARY ecommerce covid-19

Regional

Top five VC deals in the first quarter of 2020

The first quarter is usually an active one for venture capital (VC) investments in the Middle East and with the top five closed before the...

Investment investments VC

Oman

OTF earmarks RO 1 million for project expansion

Source: ONA Oman Technology Fund (OTF) today allocated one million Omani Riyals for investment in expansion projects. The step comes in...

OTF Sultan Haitham Bin Tarik.

U.A.E

Cartlow closes first round of funding

Source:AMEinfo Cartlow, an e-commerce startup that is pushing the "re-commerce" sector in the country, has secured an...

Recommerce Cartlow

U.A.E

Global Grad Show: Open Call For University Students And Professors to mitigate COVID-19's collateral issues

Global Grad Show has launched an Open Call for solutions to the collateral issues of COVID-19. University students and professor, from...

Saudi Arabia

Wamda invests in online grocery platform Nana's $18 million Series B round

Wamda has participated in Saudi Arabia-based Nana's $18 million Series B investment round. Investors in the round included Saudi...

Nana Direct Nana wamda

U.A.E

Rise raises investment from MEVP

Dubai-based financial technology (fintech) startup Rise, has raised an investment round led by Middle East Venture Partners (MEVP) in...

Rise MEVP Fintech

Egypt

ElCoach raises six-figure seed

Source: Menabytes Cairo-based fitness startup El Coach has raised six-figure (USD) in seed funding, it told MENAbytes today,...

ElCoach 500 startups covid-19

Bahrain

Al Waha fund of funds invests in Lumia Capital

Bahrain-based Al Waha fund of funds has confirmed a "substantial" investment in San Francisco-based venture capital (VC) firm...

Waha Capital Bahrain Lumia Capital

Jordan

Abwaab raises $2.4 million pre-seed

Jordan-based education technology (edtech) startup Abwaab has closed a $2.4 million pre-seed funding round, led by Adam Tech Ventures and...

Education online learning abwaab

U.A.E

Spartech Ventures invests in UK-based Intrro

Source: tech.eu Intrro, a London and Tbilisi-based HRtech startup, has raised $500,000 in financing led by 500 startups, a Silicon...

Investment HR

Egypt

Argineering Raises $400,000

Source: Waya Egyptian tech startup Argineering just raised $400,000, closing its seed round led by 500 Startups and Flat6Labs Cairo....

Flat6Labs arts

Egypt

Breadfast raises bridge round investment

Source: MENABytes Y Combinator-backed Egyptian fresh bread and grocery delivery platform Breadfast has raised a seven-figure (USD)...

Breadfast foodtech

Egypt

Khazna raises seed funding

Egypt-based financial technology (fintech) startup Khazna, has raised an undisclosed amount of seed funding round led by Algebra Ventures,...

Fintech Algebra Ventures

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