Palestine Ibtikar Fund II closes first round at $15 million Palestine-based Ibtikar Fund has announced the first closing of its second fund Ibtikar Fund II CV at $15 million out of a target fund... News • 24 January, 2022 Ibtikar Fund
Bahrain Savii expands to Bahrain following pre-Seed round Savii, a UAE-based neobank for children, has launched its services in Bahrain after raising a pre-Seed round from angel investors in the... News • 24 January, 2022 Savii neobanks
U.A.E Anghami set for NASDAQ listing as Vistas shareholders approve merger A merger between Lebanon-founded music streaming startup Anghami and Vistas Media Acquisition Company, a publicly traded special... News • 21 January, 2022 anghami SPAC
Morocco Morocco’s Chari raises bridge round Morocco-based B2B e-commerce and fintech startup Chari, has closed an undisclosed bridge round led by the Saudi-based venture capital... News • 20 January, 2022 Chari Fintech
Egypt Fawry to raise $50.8 million growth capital, explores a US Listing Cairo-based fintech Fawry plans to raise $50.8 million of growth capital through a rights issue to existing shareholders, to be used to... News • 20 January, 2022 fawry Fintech
Saudi Arabia Lean raises $33 million in round led by Sequoia Capital Saudi Arabia-based fintech Lean Technologies has raised $33 million in a Series A round led by Sequoia Capital India, marking the US... News • 20 January, 2022 Lean Technologies Open banking Sequoia Capital
U.A.E UAE’s Hamples raises pre-Seed round from Nama Ventures UAE-based try-before-you-buy e-commerce Hamples has raised pre-Seed funding round for an undisclosed amount by Nama Ventures. Founded ... News • 18 January, 2022 Hamples Nama Ventures
Bahrain Rain raises $110 million in Series B funding co-led by Paradigm and Kleiner Perkins Bahrain-based cryptocurrency exchange Rain, has raised $110 million in its Series B funding round co-led by Paradigm and Kleiner Perkins... News • 18 January, 2022 cryptocurrency rain
Egypt ExpandCart closes $2.7 million pre-Series B round Cairo-based e-commerce platform builder ExpandCart has raised $2.7 million in a pre-Series B bridge funding round, led by Hong... News • 17 January, 2022 ExpandCart e--commerce
Saudi Arabia Saudi Arabia’s Lucidya raises $6 million in second funding round Saudi-based SaaS platform Lucidya has raised its second round of funding of $6 million, led by Rua Growth Fund with participation... News • 17 January, 2022 Lucidya SAAS
Saudi Arabia Wamda participates in Penny Software's $5 million Seed round Wamda has participated in KSA-based Penny Software's $5 million Seed round, which was led by Outliers Venture Capital, and with... News • 17 January, 2022
Jordan ISSF invests $1.5 million in Global Ventures Innovative Startups and SMEs Fund (ISSF) has invested $1.5 million in UAE-based Global Ventures, a venture capital fund that invests in... News • 16 January, 2022 ISSF Global Ventures
Egypt Egypt's edtech Orcas raises $2.1 million Cairo-based edtech Orcas has raised $2.1 million in its pre-Series A round, co-led by CIRA’s NFX Ventures and Access Bridge... News • 16 January, 2022 Orcas EdTech
Saudi Arabia Saudi Arabia’s Squadio raises Seed round from SEEDRA Ventures Saudi Arabia-based HR platform Squadio, has raised its Seed funding round from Riyadh-based SEEDRA Ventures. Founded in 2019 by Khaled... Nesma Abdel Azim • 14 January, 2022 Squadio Seedra Ventures
Qatar Qatar Investment Authority invests in Checkout.com’s $1 billion Series D round Qatar Investment Authority (QIA) has contributed to the $1 billion Series D round raised by Checkout.com at a valuation of $40 billion,... News • 13 January, 2022 Qatar Investment Authority Checkout.com
Egypt Egypt's foodtech 3attar raises Seed investment Cairo-based foodtech startup 3attar has secured Seed investment from AUC Angels, UI Investment and a group of angel... News • 13 January, 2022 3attar foodtech AUC Angels
