Wamda

Regional

Startups raise $893 million in 2018

Investments in Middle East and North Africa (Mena)-based startups rose by 31 per cent in 2018 to $893 million with 366 deals according to...

Investment MENA Mena Venture Investments

Egypt

Egypt’s Commercial International Bank launches CVentures

Source: MENAbytes Commercial International Bank, the biggest private bank of Egypt, that is commonly known as CIB, has announced the...

Venture Capital cairo Investment

U.A.E

Step Conference 2019

For its seventh year in a row, the largest experiential tech festival in the Middle East, STEP Conference, is Coming Home to Dubai Internet...

U.A.E

Mix N' Mentor

Mix N’ Mentor brings together promising entrepreneurs with top regional and global mentors. The event includes mentorship...

Egypt

Saudi’s Vision Ventures invests in Cairo-based bus booking startup Buseet

Source: MENAbytes Khobar-based Vision Ventures has invested in Egyptian bus booking startup, the firm announced today, without...

cairo Buseet ride hailing

U.A.E

CE-Ventures acquires stake in Transcorp

CE-Ventures, the corporate venture capital arm of UAE-based Crescent Enterprises, announced on Monday that it has acquired a...

investement Logistics

Regional

The Billion Dollar Fund for Women secures $70 million

The Billion Dollar Fund for Women (TBDF), a global consortium that aims to fight the gender funding gap, has secured $70 million to be...

Women empowerment Women Entrepreneur

Regional

The ethics of investing

Socially responsible investment is not a new concept. In fact, the roots of sustainable investment are said to date back as far as 1758 and...

impact entrepreneurship investing

Egypt

Fakahany raises $700,000 seed

Source: MENAbytes Fakahany, a Cairo based farm-to-door fresh produce e-commerce platform has raised $700,000 in seed funding, the...

seed fund E-commerce

Saudi Arabia

500 Startups launches accelerator with Misk

US-based venture capital (VC) firm 500 Startups has partnered with Saudi Arabia’s Misk Innovation to launch an early-stage...

accelerator

Lebanon

Lebanon’s Kamkalima raises $1.5 million Series A

Source: MENAbytes Lebanese EdTech startup Kamkalima has raised $1.5 million in Series A funding from Beirut-based Phoenician...

Series A financing

Regional

Vezeeta secures $12m in series C

Egypt-based healthcare company Vezeeta has raised $12million in a Series C round led by Saudi Technology Ventures (STV). Launched in...

Healthcare Series C

Palestine

Gaza startup Vidmass raises pre-Seed from Ibtikar and Vision VC

Vidmass, a Gaza-based startup specialising in online video creation, has raised a pre-seed round of investment from early-stage funds...

pre-Seed Investment Ibtikar VC

Lebanon

What does Lebanon need to foster real innovation? Insights from Mix N’ Mentor Beirut

Since the launch of Beirut Digital District (BDD) in 2012, a startup hub was created for Lebanese entrepreneurs to connect, network and...

Mix N' Mentor Mix n Mentor Beirut Mentorship

Regional

A15 sells stake in Tpay Mobile

The region’s first “dragon exit” was completed today by A15, which sold its 76 per cent stake in UAE-based Tpay Mobile. A...

mobile finance Exit

Global

Here’s how these four startups are making agriculture more efficient

During a business trip to Switzerland this year, I have had the chance to meet many startups from different parts of the world, but mainly...

Agrocenta Twiga Foods GreenTec

Global

Chinese ecommerce Jollychic gets funding from Sequoia Capital, hits a reported $1 billion valuation

Jollychic, a Chinese online store founded in 2012, has a value of $1 billion after a Series C round from the global venture firm Sequoia...

Sequoia Capital Jollychic ecommerce

Egypt

Egyptian online fashion rental platform raises $1M from Algebra Ventures and 500 Startups

La Reina, an Egyptian online platform for rental couture, announced receiving $1 million in a Series A funding round led by Egypt’s...

Egypt La Reina Algebra Ventures

U.A.E

Abu Dhabi’s Mubadala acquires minority stake in NY-based Phoenician Capital

Abu Dhabi-based Mubadala Investment Company acquired a minority stake in the general partner of Phoenician Capital, a New York-based...

uae Mubadala Investment Company acquisition

Lebanon

Four years after Circular 331: The ecosystem needs more Seed Stage funds

It was never the same for the Lebanese ecosystem after 2014. Banque du Liban’s (BDL) Circular 331 was meant to create the foundations...

lebanon BDL Circular 331

U.A.E

How to increase your exit chances, widen your audience and keep it simple: Insights from #STEP2018

Entrepreneurs don’t need to refine their pitches or have everything figured out when approaching investors, because great products...

Step Conference 2018 startups

Lebanon

Diabetes monitoring startup wins a $50,000 Seed Boost fund during Speed@BDD’s fifth Demo Day

Spike, a mobile assistant that helps diabetics better manage their diabetes, won the second edition of Speed@BDD’s Seed Boost. The...

lebanon Speed@BDD Spike

U.A.E

MAGNiTT raised a $1M Seed round

Dubai-based MAGNiTT.com, one of the largest investment data platforms for investors, entrepreneurs, and corporates in the Middle East,...

uae MAGNiTT Seed funding

U.A.E

Mubadala Investment Company participates in $15M Series A investment round in US airspace awareness firm

Fortem Technologies, an innovator in airspace awareness and intelligence, announced closing $15 million Series A funding round led by DCVC...

uae usa Mubadala Investment Company

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