Saudi Arabia Geidea extends SoftPos services to Egypt Press release: Geidea, a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos... News • 27 November, 2024 Geidea Fintech Softpos
U.A.E eyewa closes $100 million series C round led by General Atlantic UAE-based eyewear retailer “eyewa” has raised $100 million in its Series C funding round, led by General Atlantic with... News • 27 November, 2024 eyewa General Atlantic
Jordan Naif Al Rajhi Investment buys strategic stake in Jordan’s Mawdoo3 Saudi Arabia-based investment company Naif Al Rajhi Investment has invested in Jordan’s AI Arabic content platform Mawdoo3 for a... News • 26 November, 2024 Mawdoo3 Naif Al Rajhi Investment
Iraq Iraqi edtech Eduba acquired for a seven-figure amount Iraq-based edtech Eduba was acquired by an undisclosed telecommunications conglomerate for a seven-figure amount. Founded in Baghdad... News • 26 November, 2024 Eduba EdTech
Morocco BMCE Capital Investments invests $500,000 in PTS for equity stake Morocco-based fintech Premium Technology & Services (PTS) has raised $500,000 in investment from BMCE Capital Investments, the... News • 26 November, 2024 BMCE Capital Investments PTS Premium Technology & Services
Egypt Egypt’s Sylndr lands $7.5 million capital facility tailored by EFG Hermes Egypt-based online marketplace for used cars Sylndr has secured a $7.46 million capital facility tailored specifically to the unique... News • 25 November, 2024 Sylndr EFG Hermes
Global Watercycle Technologies enters MENA after securing $5.6 million Series A UK-based climatetech Watercycle Technologies has closed a $5.6 million Series A investment round led by Par Equity as part of a... News • 25 November, 2024 Watercycle Technologies Cleantech Climatetech
Saudi Arabia Jada Fund of Funds invests in SEEDRA Ventures' second fund Press release: Jada Fund of Funds is pleased to announce its commitment to SEEDRA Ventures Fund II, a newly launched venture capital... News • 21 November, 2024 Seedra Ventures Jada Fund of Funds SEEDRA Ventures Fund II
Egypt Beltone leads $3 million Series A extension round for ariika Egypt-based furniture e-commerce platform ariika has raised $3 million in a Series A extension round, led by Beltone Venture Capital and... News • 21 November, 2024 ariika Beltone Venture Capital E-commerce
Saudi Arabia EdfaPay closes $5 million pre-Series A to fuel MENAP expansion Saudi Arabia-based fintech EdfaPay has secured a $5 million pre-Series A funding round led by OmanTel Innovation Labs, with... News • 20 November, 2024 EdfaPay Omantel Innovation Labs Fintech
Qatar Qatar Development Bank announces key investments in Nybl, Wahed Qatar Development Bank (QDB) has signed a strategic investment agreement with Saudi Arabia-based AI startup Nybl and the USA-HQ... News • 20 November, 2024 nybl Wahed QDB
Global Singapore’s Locad enters GCC market after securing $9 million pre-Series B Singapore-based logistics startup Locad has raised $9 million in a pre-Series B funding round, co-led by Global Ventures and existing... News • 20 November, 2024 Locad Logistics Global Ventures
Saudi Arabia Saudi social network platform Bubbl raises $350,000 pre-Seed Saudi Arabia-based social networking platform Bubbl has raised a $350,000 pre-Seed funding round led by angel investor Abdullah... News • 18 November, 2024 Bubbl social network
Egypt Egypt’s Qara secures $2.6 million to propel KSA expansion plans Egypt-based supply chain startup Qara has closed a $2.6 million funding round from undisclosed investors. Founded in... News • 18 November, 2024 Qara Supply chain
Egypt Amenli cashes in new investment of $2.3 million Egypt-based insurtech broker Amenli has secured a new funding round of $2.3 million, led by the European Bank for Reconstruction and... News • 18 November, 2024 Amenli Insurtech EBRD
Saudi Arabia EFG Hermes launches $300 million Saudi Education Fund, acquires Britus Education Egypt’s EFG Hermes’s private equity arm has launched a $ 300 million Saudi Education Fund (SEF). The fund aims to build an... News • 18 November, 2024 EFG Hermes Saudi Education Fund SEF
