Wamda

Egypt

ArabyAds secures $6.5 million from Equitrust

ArabyAds, a performance marketing company, has raised $6.5 million in its Series A round from investment arm of Choueiri group Equitrust,...

Invesmtment Funding Marketing

Egypt

Uber partners up with Egypt’s peer-to-peer car sharing platform Dryve

Source: Startup MGZN Egypt’s peer-to-peer car sharing platform Dryve, announces it partnership with Uber Egypt, allowing...

Investment car Rental

Regional

Seedstars announces $100m fund to invest in African tech startups

Source: Ventureburn Emerging markets startup competition Seedstars yesterday announced it would launch a $100-million...

fund Investment africa

Egypt

Egypt’s Brimore raises $800,000 in seed fund

Source: Menabytes Cairo-based direct-selling distribution platform Brimore has raised $800,000 in a seed funding round, the startup...

Distribution manufacturing Investment

U.A.E

Fodel raises $2.6 million in pre-Series A

Dubai-based last mile delivery startup Forward Delivery (Fodel), has raised $2.6 million in a pre-series A round from multiple investors...

Logistics Last mile delivery

Regional

How investors can support entrepreneurship in the Middle East and North Africa

The potential for entrepreneurship in the region is high, based on digital consumption and a startling increase in investment funding for...

Investment Venture Capital

Egypt

Egyptian e-sports company GBarena raises seed funding

Source: Menabytes Giza-based esports and gaming community GBarena has raised seed funding from HIMangel, the startup announced today....

E-sports Investment

U.A.E

UAE's The Modist secures investment from Farfetch and Nicola Bulgari

Source: Harper's Bazaar Luxury e-tailers The Modist, who already counts Vaultier7 and Chalhoub Group as investors, has...

modest fashion E-commerce

Palestine

Ibtikar Fund invests in Receet

Palestine’s Ibtikar Fund announced its investment in Receet, a mobile application that provides digital receipts in business...

fund Investment digital

U.A.E

Abu Dhabi offers startups Dh535 million through new hub

Abu Dhabi will be investing Dh535 million in startups as part of a new entrepreneurship space called Hub71 launched in partnership with...

abu dhabi abu dhabi global market Softbank

Regional

The anatomy of an exit in the Middle East

Khaled Talhouni is the managing partner at Wamda Capital Anyone active in the startup scene today seems to be pre-occupied with when and...

Venture Capital Exit strategies exiting

Egypt

Egypt sets up $57 million fintech startup fund

Source: ITWeb Africa Fintech startups in Egypt could soon have access to 1 billion Egyptian pounds (approximately...

Fintech fund Egypt

Egypt

Kuwait’s Carriage expands to Egypt, launches in Cairo after onboarding 600 restaurants

Source: Menabytes Kuwait-based food delivery startup Carriage has expanded to Egypt, the startup told MENAbytes today, adding...

food Delivery Expansion

U.A.E

Dubai-based VentureSouq invests in Hello Verify

Source: VC Circle Worker screening platform Hello Verify India Pvt. Ltd has raised an undisclosed amount in funding from multiple...

Investment VentureSouq

Regional

STEP Saudi

STEP started out as a series of workshops and small gatherings, and over 7 years has grown to become one of the largest tech experiential...

Saudi Arabia

Saudi on-demand delivery startup Mrsool raises multi-million Series A

Source: Menabytes Riyadh-based on-demand delivery startup Mrsool has raised a multi-mullion (US Dollar) Series A round led by...

VC Investment Delivery

Egypt

Algebra Ventures partners with Ezdehar to invest in Dsquares

Egypt’s Algebra Ventures has partnered with Ezdehar Management firm to invest in Dsquares, a loyalty solutions provider. The...

b2c Investment management

U.A.E

DIFC launches $10 million fintech fund

Dubai International Financial Centre (DIFC) has launched a $10 million Fintech Fund and has appointed both Wamda Capital and Middle East...

Fintech DIFC Wamda Capital

Saudi Arabia

Saudi’s Elm announces investment in Syarah

Source: Menabytes Elm, a leading Saudi information technology company that is owned by country’s sovereign wealth fund, PIF, has...

Investment E-commerce

U.A.E

Tarjama raises $5 million in Series A

UAE-based language service provider Tarjama has raised $5 million in a Series A round. The investment was led by Saudi Arabia-based Anova...

Series A investement

Regional

Could ICOs be a better way to raise money?

The frenzy around cryptocurrency has died down in recent months, but a new asset class in the form of initial coin offerings (ICO), the...

ICO ethereum Bitcoin

Global

Jabbar Internet Group invests in US-based Blueground

Dubai-based Jabbar Internet Group participated in a $20 million investment round for Blueground, a New York-based online apartment rental...

Rental Jabbar Internet Group

Saudi Arabia

Saudi-based biotech startups raise $10 million

Saudi-based biotechnology (biotech) startups incubated by Badir Biotech Incubator, under the Badir Program raised close to $10 million...

biotech Investment Funding

U.A.E

Dubai-based Beehive raises $4 million

Source: Menabytes Dubai-based peer to peer lending platform Beehive has raised $4 million as part of its Series B round from Riyad...

Fintech Funding Investment

Thought Leadership

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