Wamda

U.A.E

TruKKer raises $1.4M seed round led by Raed ventures

TruKKer, an on-demand truck aggregator startup, is preparing for large-scale expansion after witnessing 2000% growth in its first year of...

Trukker Investment

Kuwait

Fintech startup Ajar Online closes a second round of investment

Ajar Online, a Kuwait-based fintech startup that allows tenants to pay their rent online, via SMS and email, has recently closed...

Ajar Online Fintech Investment

Global

Startup Watch: Google’s new phone, VC money for women startups, and the MENA’s startup economy

The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your...

Google Hong Kong VCs

Regional

AI is taking roots in the MENA

Even though Artificial Intelligence (AI) is developing at a blistering pace, outside academia and engineering, it remains a bit of a...

AI Investment Technology

Regional

What I Know about the right time to crowdinvest: Eureeca’s Chris Thomas

Chris Thomas, co-CEO and cofounder of equity crowdfunding platform Eureeca, has sat at both ends of the proverbial funding table. He has...

What I Know eureeca Chris Thomas

Tunisia

Tunisian gaming startup raises $600K

The Tunisian startup Polysmart, which specializes in the design of video games has just raised 1.5 million Tunisian dinars (US$600,000)...

Gaming creative industries video games

Lebanon

Turkish second-hand clothing site raises $2M in Series B, led by MEVP

Modacruz, a leading mobile marketplace of second hand women fashion items in Turkey, announced today that it has raised $2 million in a...

MEVP Investment modacruz

Morocco

Morocco’s Waystocap raises $3M in seed funding

According to Techcrunch, Moroccan startup Waystocap has raised $3 million to expand its reach in Africa. The platform is a marketplace...

ecommerce marketplace Casablanca

Global

Seed round legally explained

This article is a crosspost from SME Law. During the past three years, the economic cycle of the region, coupled with the influx of...

seed round startups Funding

U.A.E

Compareit4me.com raises $3.5M

Comparison site Compareit4me.com announced today securing $3.5 million from existing investors including Wamda Capital, STC Ventures, Dubai...

Compareit4me.com Investment Wamda Capital

Egypt

Endeavor Catalyst Fund closes first $500,000 investment in Egypt

Endeavor Catalyst Fund, Endeavor’s co-investment vehicle, concluded its first investment in Egypt contributing 500,000 dollars to...

Investment fund statups

Global

Startup Watch: It’s all about the money, money, money and solar power

The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your...

Startup Watch Investment 500 startups

Regional

500 Startups closes $15M on MENA fund

Hassan Haidar, the managing director of the MENA fund for 500 Startups, 500 Falcons, announced Wednesday the closing of their fund at $15...

500 startups falcon fund Investment

Syria

Votek and Loujee secures $1M investment

Votek Inc, developer of Arabic speech recognition software, governmental intelligent assistants and the first Arabic smart toy (Loujee)...

Votek AI syria

Global

Startup Watch: the Souq deal, juice cleanses, and how to vet your VC

The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your...

souq beirut water taxi Investment

Regional

$100M invested in MENA fintech [WRL report]

Fintech startups in MENA have raised over $100 million in funding in the last 10 years, and a new report indicates the number of startups...

WRL State of Fintech Payfort

Saudi Arabia

Musharakah Program

Human Resources Development Fund (HRDF) and Takamol Holding for Business Services (Takamol) encourage Saudi Investors and VCs to apply...

Saudi Arabia Innovation Investment

Saudi Arabia

Fast Forward Investor Day 2017

Endeavor's Fast Forward Investor Day aims to extend the global reach of leading investment firms by providing access to regional...

Saudi Arabia Endeavor Networking

Saudi Arabia

Saudi Arabia's massive Public Investment Fund has become active in tech startup investing

This article is a crosspost with CB Insights. Over the last year, the Kingdom of Saudi Arabia announced a number of economic...

vision 2030 ksa Saudi Aramco

U.A.E

STEP gets $2M Series A, plans a digital media empire

STEP Group has closed a Series A funding round with a $2 million investment from regional investors, including Wamda Capital,...

Step Conference Step music Wamda Capital

Saudi Arabia

Melltoo expands to Saudi with new funding

The Dubai-headquartered peer-to-peer marketplace Melltoo has said they are ready to expand to Saudi Arabia now they have acquired new...

Investment melltoo ecommerce

Iran

Turkish payments startup Iyzico closes $13M Series C

On July 15, Barbaros Ozbugutu and Tahsin Isin were celebrating in Istanbul. After years of bureaucracy, their online payment company...

turkey iran Commerce

U.A.E

Startup Emirates: the most well-funded tech startups in the UAE in one infographic

This article is a crosspost from CB Insights. All of the companies in our infographic are based in the Emirate of Dubai....

Investment uae CB Insights

Regional

2016 was very generous to MENA's startups #Wamda2016

People on the internet aren’t too sad to let go of 2016. Memes surrounding the US presidential elections, comedy sketches on the...

Wamda2016 MENA startups

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