Egypt HRtech startup SAmAS Gamify raises $150,000 Egypt-based HRtech tech startup SAmAs Gamify has raised $150,000 in a pre-Seed round, led by US-based SoftEQ Venture... News • 21 February, 2022
U.A.E Udrive raises $5million UAE-based car-sharing app Udrive has raised $5 million from Cultiv8 and Oman Holding International. Founded in 2016 by Nicholas Watson... News • 21 February, 2022 Cultiv8 udrive Oman Holding International
Tunisia Insurtech startup Avidea raises $696,000 Tunisia-based digital insurance startup Avidea, has raised 2 million dinars ($696k) in Pre-Series A funding round led by Capsa Capital... News • 21 February, 2022 Avidea
Morocco WafR raises $372,000 Morocco-based WafR, a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops has raised... News • 21 February, 2022 WafR
U.A.E UAE-based travel marketplace Wego acquires Cleartrip UAE-based online travel marketplace Wego is set to acquire Cleartrip’s Middle East business in the second half of 2022 for an... News • 21 February, 2022 Cleartrip Wego Travel
Saudi Arabia Saudi fintech EdfaPay raises $1.6 million pre-Seed round Saudi Arabia-based fintech EdfaPay has raised $1.6 million in a pre-Seed investment round, led by Nuwa capital, InspireUs VC, Wallan... News • 20 February, 2022 EdfaPay Nuwa capital Fintech
Saudi Arabia Dammam Valley launches BioTech Startups Programme Dammam Valley has launched the BioTech Startups Programme, in partnership with Imam Abdul Rahman bin Faisal University, Saudi... News • 20 February, 2022 Dammam Valley BioTech Startups Programme
Morocco Freterium raises $4 million Seed Morroco-based digital trucking software startup Freterium, has raised $4 million in a Seed round led Partech, with participation... News • 17 February, 2022 Logistics
Jordan Jordan’s Kader raises $400,000 Seed round Jordan-based online gig platform Kader has raised $400,000 in a Seed funding round, led by The Innovative Startups and SMEs Fund (ISSF)... News • 17 February, 2022 Kader ISSF
Saudi Arabia Saudi Grintafy raises $2.1 million Bridge round Saudi Arabia-based e-sports platform Grintafy has raised a $2.1 million Bridge round with participation from Wa’ed, Alrashed Group... News • 16 February, 2022 Grintafy Saudi Arabia Sportstech
U.A.E Qashio raises $2.5 million led by MSA Novo UAE-based fintech Qashio has raised $2.5 million in pre-Seed funding, led by MSA Novo and supported by Rally Cap Ventures, Palm Drive... News • 16 February, 2022 Qashio MSA Novo
U.A.E UAE's digital bank Zand receives fresh funding UAE-based digital bank Zand has received funding from Franklin Templeton, Aditya Birla Group, Al Hail Holding, Al Sayyah & Sons... News • 15 February, 2022
Egypt Egypt ratifies its Fintech Act Egypt has ratified its Fintech Act, which regulates the work of fintech companies in Egypt. As per the new regulations, the... News • 15 February, 2022 Egypt Fintech
Egypt Wasla raises $9 million from Contact Financial Holding Egypt-based e-commerce platform Wasla has raised $9 million from Contact Financial Holding, formerly Sarwa Capital. Founded in... News • 15 February, 2022 E-commerce wasla
Egypt MoneyHash raises $3 million pre-Seed funding US-based Egyptian fintech MoneyHash has raised $3 million in pre-Seed funding, led by UAE venture capital firm COTU Ventures, with... News • 15 February, 2022 MoneyHash COTU Ventures VentureSouq
Saudi Arabia TruKKer raises $96 million in Series B Saudi Arabia-based digital freight network TruKKer, has raised $96 million in a mix of equity and debt for its Series B... News • 14 February, 2022 Trukker
