Wamda

Saudi Arabia

Saee plans IPO on Nomu

Saudi Arabia-based last-mile delivery startup Saee is planning to offer an initial public offering (IPO) next year on Nomu, Saudi...

Saee Last-mile delivery Nmou

U.A.E

Fintech Galaxy closes $2 million Seed funding

UAE-based Fintech Galaxy has raised $2 million in a Seed funding round, led by Jordan’s Ahli Fintech and joined by Raz Holding...

Fintech Galaxy Fintech

Regional

Azimut, GELLIFY launch joint $50 million VC fund to support B2B Mena startups

The Italian management group Azimut (ME) Limited ADGM, in partnership with GELLIFY Middle East is launching a VC fund targeting a fund...

Azimut GELLIFY VC

U.A.E

MBRSC launches Space Ventures to support space-focused startups

The Mohammed Bin Rashid Space Centre (MBRSC) has announced the launch of Space Ventures, a launchpad for global and regional startups in...

Space Venture

Jordan

Jordan’s Bloom raises pre-Seed investment

Jordan-based e-commerce platform Bloom has raised its first angel investment after two months of graduating from the pre-Seed...

Bloom e--commerce

Saudi Arabia

Express Wash, Dealcom raise funding via Scopeer

Saudi Arabia-based on-demand auto wash services provider Express Wash, and B2B procurement-to-pay (P2P) and marketplace Dealcom have raised...

b2b Dealcom Scopeer

Saudi Arabia

Uber, Careem face $100 million tax bill in KSA

Uber and its Dubai-based subsidiary Careem are facing a combined tax bill worth $100 million imposed by the Saudi authorities according...

Uber careem Fetcher

Saudi Arabia

Saudi Arabia telehealth Cura closes $4 million Series A

Saudi Arabia-based telehealth startup Cura has closed SAR15 million ($4 million) Series A investment from ELM and Wa'ed (the...

Cura Wa'ed ELM

Egypt

Contech startup Elmawkaa raises six-figure Seed round

Cairo-based construction technology (contech) startup Elmawkaa has raised a six-figure Seed round, led by Flat6labs and joined by a...

Elmawkaa Construction

Egypt

Fintech Galaxy, GIZ launch accelerator programme for startups in Egypt, Jordan

UAE-based Fintech Galaxy has partnered with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to launch a new...

GIZ Fintech Galaxy

Egypt

B2B marketplace Talabeyah raises seven-figure pre-Seed

Cairo-based B2B F&B platform Talabeyah has raised a seven-figure pre-Seed round from strategic angel investors. Founded in July...

Talabeyah b2b

Saudi Arabia

Khwarizmi Ventures announces first close of sector-agnostic fund

Saudi Arabia-based venture capital fund, Khwarizmi Ventures, has announced the first closing of its fund at $63 million. The VC,...

Khwarizmi Ventures

Saudi Arabia

UAE-based cloud kitchen kaykroo expands operations into Saudi Arabia

UAE-based cloud kitchen kaykroo has expanded its services to Riyadh in Saudi Arabia. Launched in September 2020 by Jihad El-Eit and...

kaykroo foodtech cloud kitchen

Iraq

Iraqi e-commerce platform Orisdi signs six-figure deal with Al Sharqiya TV

Iraq-based e-commerce site has signed a six-figure deal with Al Sharqiya TV Group, facilitated through the Iraqi Angel Investors Network...

Orisdi E-commerce

U.A.E

STEPPI raises $1.8 million, partners with Embody Fitness

UAE-based health and corporate wellness platform STEPPI has raised $1.8 million in its latest funding round, led...

Steppi fitness and wellness

Egypt

Fawry invests in Sudan-based classifieds marketplace alsoug.com

Fawry, Egypt’s leading provider of e-payments solutions and digital banking services, has acquired a minority stake in Sudan-based...

fawry Alsoug

Egypt

GBarena raises six-figure pre-Series A funding

Cairo-based esports and tournaments platform GBarena has raised a six-figure pre-Series A funding round, led by angel investors Ahmed...

Gbarena Gaming

Saudi Arabia

Saudi Arabia’s OTO raises $3 million Seed funding

Saudi Arabia-based SaaS startup OTO has raised a $3 million Seed round from MEVP & Derayah Capital. Founded in 2019 by...

OTO SAAS Shipping

Saudi Arabia

Foodtech Siwar raises $7.5 million Series A round led by Seera Group

Saudi Arabia-based food tech startup Siwar has raised SR28 million ($7.45 million) in a Series A round, led by travel and tourism...

Siwar Seera group

Tunisia

Q-commerce app Lamma raises funding from Orange Ventures

Tunisia-based last-mile delivery Lamma has raised fresh investment from Orange Ventures. The amount raised is undisclosed. Founded by...

Lamma Orange Digital Ventures

Egypt

Former Abbott VP Essam Abdelhady acquires stake in Nawah Scientific

Former Vice President Middle East, Turkey, Africa and Pakistan (METAP) of Abbott Essam Abdelhadi has acquired a stake in Egypt-based...

Nawah Scientific Series A

U.A.E

AlgoDriven secures $2 million in Series A

UAE-based automotive data platform AlgoDriven, has raised $2 million in a Series A round led by Global Ventures. Other investors...

mobility AlgoDriven Global Ventures

U.A.E

Fetchr at risk of liquidation

UAE-based last mile delivery company Fetchr, is at risk of liquidation according to a report from Bloomberg, citing a letter sent...

Fetchr

Egypt

Egypt’s insurtech Amenli raises $2.3 million Seed

Egypt-based insurtech Amenli has raised a $2.3 million Seed round from GFC, P1 Ventures, Liquid2 Ventures, Anim Fund with Costanoa VC,...

Amenli YCombinator

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