Egypt Appetito raises $2 million in pre-Series A Egypt-based warehousing and last-mile delivery startup Appetito has raised $2 million in pre-Series A round, led by Jedar Capital, with... Dunya Hassanein • 03 November, 2021 Appetito q-commerce dark stores
U.A.E Farmin, Kanari AI win GITEX Supernova Challenge UAE-based Farmin and Kanari AI have won the 2021 GITEX Future Stars’ Supernova Challenge for their achievements in the artificial... News • 02 November, 2021 Farmin Kanari GITEX 2020
Regional Illegal data collection, financial data theft are major concerns for GCC consumers, GPI study shows Saudi Arabia and the UAE have among the world’s largest prepaid markets according to Ding’s bi-annual Global Prepaid Index... News • 02 November, 2021 GPI Ding GCC
Bahrain Tarabut Gateway raises $12 million pre-Series A led by Tiger Global UAE-based open banking platform Tarabut Gateway has raised $12 million in a pre-Series A round led by Tiger Global, alongside new... News • 02 November, 2021 Fintech Open banking Tarabut Gateway
Iraq Iraq Venture Partners, new venture fund launches to support Iraqi startups Several Iraqi investors have come together to launch a new VC, Iraq Venture Partners (IVP). Established by Omar Al-Handal,... News • 01 November, 2021 Iraq Venture Partners IVP VC
Egypt Shipblu raises $2.4 million Seed round to back expansion Egypt-based last-mile delivery startup ShipBlu has raised a $2.4 million Seed round led by Nama Ventures. Founded by Ali... News • 31 October, 2021 ShipBlu
U.A.E Fero raises $1.1 million in pre-Series A UAE-based supply chain SaaS startup Fero has closed a $1.1 million pre-Series A round from an undisclosed institutional investor and... News • 31 October, 2021 Fero freight SAAS
Egypt Kuzlo closes pre-Seed round by Nama Ventures Alexandria-based B2B marketplace Kuzlo has raised an undisclosed amount of funding in its pre-Seed round, led by Nama... News • 28 October, 2021 Nama Ventures Kuzlo
Regional Organon, Flat6Labs launch accelerator to support female-focused healthtech in Mena Flat6Labs has partnered with Organon to launch the Femtech Accelerator Programme to help healthtech startups focused on women’s... News • 28 October, 2021 Organon Flat6Labs
U.A.E Pure Harvest raises $64.5 million from Korea's IMM Investment, enters JV with PlanTFarm UAE-based agritech startup Pure Harvest Smart Farms has secured $64.5 million in growth capital from Korean private investment firm IMM... News • 27 October, 2021 agritech Pure Harvest Smart Farms
U.A.E Getbee raises $1.8 million pre-Series A UAE-based Getbee has raised $1.8 million in a pre-Series A round from Altitude Capital, B & Y Venture Partners, and +VC, as... News • 27 October, 2021 retail tech Getbee b2b
U.A.E Shorooq Partners launches The Nahda Fund 1 to support Mena startups Abu Dhabi-based VC Shorooq Partners has launched The Nahda Fund 1, a venture-debt fund, in partnership with South Korea’s IMM... News • 26 October, 2021 Shorooq Partners IMM Investment Global The Nahda Fund 1
Algeria Algerian Startup Financing Fund raises $7.2 million to support local startups The Algerian Startup Financing Fund has raised DA1 billion ($7.2 million) to fund startups in Algeria. The fund was launched during... News • 26 October, 2021 Algerian Startup Financing Fund Algeria Disrupt 2020
U.A.E Chimera Capital’s closes $50 million second fund Abu Dhabi-based Chimera Capital, a subsidiary of private investment firm Chimera Investment, has announced the close of its second fund... News • 25 October, 2021 uae Chimera venture capital fund
U.A.E Fitness app Fitlov raises $500,000 pre-Series A The UAE-based fitness app Fitlov has raised $500,000 in a pre-Series A fundraise through angel investment. Founded in February 2018 by... News • 20 October, 2021 Fitlov fitness
U.A.E Digital freight platform Palletpal raises $200,000 from Draper Associates UAE-based digital freight platform Palletpal has raised $200,000 in a pre-Seed round from US-based Draper Associate. Founded in 2021... Dunya Hassanein • 20 October, 2021 Palletpal freight transport
