Wamda

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

Morocco

Chari.ma raises $5 million Seed round

Morocco-based fintech and B2B e-commerce Chari.ma has raised a $5 million Seed round at a valuation of $70 million, co-led by...

Chari.ma B2B e-commerce

Bahrain

Bahrain’s Al Waha announces new investment in BY Venture Partners

Bahrain’s Al Waha Fund of Funds (Al Waha) has announced a new investment in Mena-based BY Venture Partners (BY) which is targeting...

Al Waha Fund of Funds BY Venture Partners Venture Capital

U.A.E

Wamda co-leads BitOasis $30 Million Series B round

UAE-based cryptocurrency exchange BitOasis has raised $30 million in a Series B round co-led by Wamda and US-based VC Jump...

BitOasis crypto

Regional

Noon.com to raise $2 billion over three to four years

E-commerce platform Noon.com is receiving $2 billion in financing from investors including Saudi Arabia’s sovereign wealth fund...

Noon ecommerce

U.A.E

Seez raises $5 million in pre-Series B

UAE-based automative retail platform Seez has raised $5 million in a pre-Series B round from Nuwa Capital, Crealize, BY Venture...

mobility Seez

Bahrain

Faceki raises pre-Seed round from Nama Ventures

UAE-based digital biometrics platform Faceki has raised an undisclosed pre-Seed round from Nama Ventures. Founded in March 2020 by...

Nama Ventures

Tunisia

Tunisia’s Biware raises $1.2 million Seed round

Tunisia-based data management and analysis startup Biware, has raised $1.2 million (MAD3.5 million) in its Seed funding round from CDC...

Biware CDC Gestion Zitouna Capital

Saudi Arabia

Saudi fitness app Rumbl raises $1.07 million Seed funding

Saudi Arabia-based health and fitness startup Rumbl has raised $1.07 million (SAR4 million) in a Seed funding round led by...

Rumbl fitness Health

Saudi Arabia

Mohtwize receives $507,000 capital investment from Wa’ed

Riyadh-based podcast platform Mohtwize has received $507,000 (SAR1.9 million) venture capital investment from Wa'ed, the...

Mohtwize podcast

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