Wamda

Saudi Arabia

Velents AI secures investment from Women Collective

Saudi Arabia-based SaaS providr Velents AI has raised an investment round, for an unknown amount, from Women Collective. Founded...

HRtech SAAS Velents AI

Iraq

Iraq’s EQIQ leads Corrsy’s $500,000 pre-Seed round

Iraqi VC firm EQIQ has led a pre-Seed round of the Finnish edtech Corrsy, which stands at $500,000. EQIQ, founded by Mohamed Al-Hakim,...

EQIQ Ventures Corrsy EdTech

U.A.E

UAE’s fintech Mamo lands $3.4 million investment

UAE-based fintech Mamo has raised a $3.4 million funding round, provided by existing investor 4DX Ventures and the Dubai Future District...

Mamo 4DX Ventures Fintech

U.A.E

Pathfinder secures $325 million investment prior to NASDAQ debut

UAE-HQ retail technology solutions provider Pathfinder has raised an investment of $325 million from Silver Rock Group, ahead...

Pathfinder Silver Rock Group

Jordan

ISSF pledges $5 million to Oasis500's second fund

Jordan’s Innovative Startups and SMEs Fund (ISSF) has increased its commitment to Oasis Ventures II fund (OVII) managed by...

ISSF Oasis500 OVII

U.A.E

Shorooq Partners leads Zyp Technologies $1.5 million pre-Series A

UAE-based VC fund Shorooq Partners has led a $1.5 million in pre-Series A round in Pakistan’s mobility startup Zyp Technologies,...

Zyp Technologies Shorooq Partners mobility

Saudi Arabia

Saudi Arabia’s TechMal closes $1 million pre-Seed

Saudi-Arabia based fintech TechMal has raised $1 million in a pre-Seed investment round, led by Al Majidiya Investment Company alongside...

TechMal Proptech

U.A.E

Ogram closes new round to accelerate KSA expansion plans

UAE-based HRtech Ogram has raised a new round for an undisclosed to enhance its expansion plans in Saudi Arabia. The round was led by...

Ogram HRtech Oraseya Capital

Egypt

Egypt’s MNT-Halan raises $157.5 million to propel expansion plans

Egypt’s MNT-Halan has raised $157.5 million in funding, featuring contributions of $40 million from the International Finance...

MNT-Halan Fintech

Egypt

Kemitt expands into Saudi Arabia bolstered by new funding round

Egypt-based e-commerce for furniture has expanded into Saudi Arabia, following an undisclosed funding round. Founded in 2018 by...

Kemitt E-commerce

Saudi Arabia

OTO secures $8 million Series A led by Sanabil Investments

Saudi Arabia-based logistics platform OTO has raised $8 million in a Series A funding round, led by Sanabil Investments, with...

OTO Logistics Shipping

Egypt

Egypt’s Dopay secures $13.5 million Series A extension round

Egypt-headquartered fintech Dopay has closed a $13.5 million Series A extension round, topping up a previous $18 million Series A round...

Dopay Fintech Argentem Creek Partners

U.A.E

Swyt raises undisclosed Seed funding

UAE-based IT solutions provider Swyt has concluded an undisclosed Seed round. Founded in 2022 by Edouard Bouvet, Swyt offers an...

Swyt IT solutions

U.A.E

Tokinvest raises $500,000 pre-Seed to accelerate market penetration

UAE-based tokenisation platform Tokinvest has raised $500,000 in pre-Seed funding from several investors, including Michael Ourabah, CEO...

Tokinvest Tokenisation

U.A.E

UAE’s Sentient Labs secures $85 million Seed round

UAE-based Web3-focused startup Sentient Labs has raised a $85 million Seed investment round, co-led by Pantera Capital, and Framework...

Sentient Labs Web 3.0 AI

Oman

Oman’s climatetech 44.01 closes $37 million Series A round

Oman-based climatetech 44.01 has closed a $37 million Series A funding round, led by Equinor Ventures with Shorooq Partners, as well as...

44.01 Cleantech Climatetech

Jordan

ISSF injects $5 million Global Ventures’ third fund to support Jordanian startups

Jordan’s investment fund, the Innovative Startups and SMEs Fund (ISSF), has invested $5 million in Global Ventures’ Fund...

ISSF Global Ventures

U.A.E

Maalexi raises $1 million investment from Stride Ventures

UAE-based Maalexi agriculture-focused fintech Maalexi has raised a $1 million venture debt from Stride Ventures. Founded in 2021...

Maalexi Stride Ventures Fintech

Regional

MENA startups raise $116 million in June 2024, bringing H1 total to $882 million

Investment activity in MENA’s startup space slowed down in June 2024, as 38 tech startups raised $116 million, bringing the half-year...

Investment

Egypt

EdVentures invests $400,000 in Egypt’s El Kheta

Egypt-based edtech startup El Kheta has raised a $400,000 investment from EdVentures. Founded in 2019 by Mohamed Mahmoud, El Kheta...

EdVentures El Kheta EdTech

Saudi Arabia

Saudi Arabia’s Jeel attracts new seven-figure investment

Saudi Arabia-based edutainment platform Jeel has raised a seven-figure funding round from RZM Investments and angel...

Jeel RZM Investments

Iraq

Iraq’s Alsaree3 Closes 7-figure Series A round

Iraq-based food delivery app Alsaree3 has raised a seven-figure Series A funding round, from investors including Iraq Venture Partners...

Alsaree3 Iraq Venture Partners Snoonu

Egypt

Connect Money raises $8 million Seed round

Egypt-based fintech Connect Money has closed its Seed funding round of $8 million led by Disruptech Ventures and Algebra...

Connect Money Fintech Algebra Ventures

Jordan

ISSF injects $2 million in VentureSouq second fund

Jordan’s Innovative Startups and SMEs Fund (ISSF) has invested $2 million in VentureSouq Fund II, managed by the UAE-based VC fund...

VentureSouq ISSF

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