Saudi Arabia Saudi’s Elm announces investment in Syarah Source: Menabytes Elm, a leading Saudi information technology company that is owned by country’s sovereign wealth fund, PIF, has... News • 11 March, 2019 Investment E-commerce
U.A.E Namshi’s CEO Hosam Arab steps down after company’s full acquisition Source: Menabytes Hosam Arab, the co-founder and CEO of Dubai-based fashion ecommerce platform Namshi has stepped down from his role... News • 11 March, 2019 E-commerce acquisition ceo
U.A.E Tarjama raises $5 million in Series A UAE-based language service provider Tarjama has raised $5 million in a Series A round. The investment was led by Saudi Arabia-based Anova... Wamda • 18 March, 2019 Series A investement
Global Jabbar Internet Group invests in US-based Blueground Dubai-based Jabbar Internet Group participated in a $20 million investment round for Blueground, a New York-based online apartment rental... News • 06 March, 2019 Rental Jabbar Internet Group
Saudi Arabia Saudi-based biotech startups raise $10 million Saudi-based biotechnology (biotech) startups incubated by Badir Biotech Incubator, under the Badir Program raised close to $10 million... News • 04 March, 2019 biotech Investment Funding
U.A.E Dubai-based Beehive raises $4 million Source: Menabytes Dubai-based peer to peer lending platform Beehive has raised $4 million as part of its Series B round from Riyad... News • 04 March, 2019 Fintech Funding Investment
Saudi Arabia Nana raises $6 million in Series A round Saudi Arabia-based e-grocery platform Nana has closed a $6 million Series A round of investment, led by Middle East Venture Partners (MEVP)... News • 28 February, 2019 Series A e-grocery
Lebanon Speed raises new funding to improve future acceleration for startups Source: Arabnet Speed, the Lebanese tech accelerator based out of the Beirut Digital District (BDD), has announced that it has raised... News • 26 February, 2019 accelerator Funding tech
Regional Emaar fully acquires Namshi Dubai’s Emaar Malls has fully acquired e-commerce retailer Namshi. This follows acquiring the remaining stake of Global... News • 25 February, 2019 ecommerce Retail Fashion
Kuwait Kuwait-based Faith Capital announces $8 million investment in JustClean Source: Menabytes Kuwait-based Faith Capital has announced an investment of $8 million in JustClean, a Kuwaiti laundry startup it had... News • 25 February, 2019 on-demand laundry Investment
Kuwait Kuwait-based Jumla Club raises pre-Series A Source: Menabytes Kuwait-based B2B food and beverage platform Jumla Club has raised seven-figure pre-Series A, the startup... News • 25 February, 2019 f&b pre-Series A
Egypt Trella raises more than $600,000 in pre-seed investment Source: Menabytes Cairo-based trucking marketplace Trella has raised over $600,000 in a pre-seed funding round led by Algebra Ventures... News • 24 February, 2019 pre-Seed trucking Shipping
Kuwait Nalbes raises $2 million Kuwait-based e-commerce platform Nalbes has secured $2 million in its Series B round of funding, led by a group of existing and new... News • 22 February, 2019 E-commerce Fashion
Saudi Arabia Golden Scent closes new round of investment Saudi Arabia-based e-commerce platform Golden Scent has closed a new round of investment, the company announced, without disclosing the... Wamda • 22 February, 2019 news E-commerce Golden Scent
Kuwait Deliveroo launches in Kuwait with 900 restaurants Source: Arabian Business Deliveroo, the delivery service founded in 2013 by William Shu and Greg Orlowski, has announced its launch in... News • 20 February, 2019 food Delivery Expansion
Egypt E-commerce venture Noon expands operations to Egypt Source: Arabian Business Noon, the e-commerce venture operating in the UAE and Saudi Arabia, on Tuesday announced its expansion into... News • 19 February, 2019 E-commerce Expansion
Saudi Arabia Mad'a invests in Family Souk Ventures Source: Saudi Gazette Mad’a Investment Company, a private equity & venture capital firm headquartered in Riyadh, Saudi Arabia,... News • 19 February, 2019 Investment E-commerce
U.A.E Dubai-based Mile raises seed funding Source: Menabytes Dubai-based delivery and logistics management platform Mile has raised seed funding in a round led by Saudi VC Riyad... News • 19 February, 2019 Seed funding Delivery Logistics
Egypt GoodsMart secures funding from Algebra Ventures in pre-Series B Egypt-based e-grocery company GoodsMart announced that it has secured funding in a pre-Series B round from Algebra Ventures. This... News • 18 February, 2019 Funding Pre-Series B E-commerce
Lebanon Feel22 raises Series A Source: MENAbytes Lebanese beauty ecommerce startup has raised a Series A funding round, the startup announced in a statement... News • 17 February, 2019 ecommerce ecommerce middle east beauty products
Kuwait Kuwait-based online coffee marketplace Cofe raises $3.2m Pre-Series A Source: Menabytes Kuwait-based Cofe has raised $3.2 million in Pre-Series A funding for its coffee-centric marketplace app, the... News • 14 February, 2019 Investment Coffee marketplace
Saudi Arabia Saudi startup GetMuv raises $1.5 m to connect users with gyms and sports clubs Source: Menabytes Jeddah-based fitness startup GetMuv has raised $1.5 million investment from Saudi Aramco’s venture capital arm,... News • 12 February, 2019 Investment fitness Sports
Tunisia Tunisia-founded TravelCar acquired by Groupe PSA Tunisia-founded mobility solutions platform TravelCar, now headquartered in Europe was acquired by France-based automobile... News • 10 February, 2019 Acqusition mobility car
Regional Dubai-founded Pixelbug gets acquired by American Besomebody Source: Menabytes Cincinnati-based learning platform Besomebody that specializes in job placement and employer services has... News • 10 February, 2019 ar Acquistion news