Morocco Morocco’s Chari raises $1 million investment from Endeavor Catalyst Morocco-based B2B e-commerce Chari has raised $1 million from Endeavor Catalyst as part of its Series A funding round. Founded in 2020... News • 02 October, 2022 Chari E-commerce b2b
Saudi Arabia NearPay raises $3.6 million pre-Series A round Saudi Arabia-based fintech NearPay has raised $3.6 million in a pre-Series A funding round, led by Vision Ventures with participation... News • 03 October, 2022 NearPay Softpos
Global oktopi acquires UK edtech Tutor House UAE-based edtech oktopi, has fully acquired UK-based tutoring platform Tutor House. Founded in 2021 by Emilie Thomas and Fadi Abbas,... News • 29 September, 2022 oktopi acquisition EdTech
Morocco Morocco’s BMCE Capital launches $4.5 million fund to support local ecosystem Morocco-based BMCE Capital Investment has launched a $4.5 million VC fund dedicated to financing Moroccan startups at the Seed... News • 28 September, 2022 BMCE Capital Investment VC fund
U.A.E UAE’s Eat App raises $11 million Series B round UAE-based restaurant reservations platform Eat App has closed an $11 million Series B round from MEVP, 500 Startups, Derayah VC, Dallah... News • 28 September, 2022 Eat App foodtech
Egypt Mazaya raises a $5 million pre-Seed round Egypt-based B2B marketplace Mazaya has closed a $5 million pre-Seed round led by Raya Trade & Distribution. Founded in 2021 by... News • 27 September, 2022 Mazaya Raya holding
U.A.E Further Ventures launches $200 million fund UAE-based investment firm Further has launched a $200 million fund dedicated to co-creating ventures focused on digital assets, fintech... News • 27 September, 2022 Further Ventures ADQ
Egypt Egypt’s Partment raises $1.5 million pre-Seed round Egypt-based proptech Partment, has closed its pre-Seed round at $1.5million, led by Nclude, Plus Venture Capital (+VC), along with a... News • 28 September, 2022 Partment Proptech
Egypt Egypt’s InGame Sports raises pre-Seed round Egypt-based gaming platform InGame Sports, has raised over $1 million in cash, in-kind resources, and grants in a pre-Seed round led by... News • 25 September, 2022 InGame E-sports
Saudi Arabia Unifonic launches accelerator programme in partnership with The Space Saudi Arabia-based customer engagement platform Unifonic, has launched an accelerator programme called UnifonicX, in partnership with... News • 21 September, 2022 UnifonicX acceletator Unifonic
U.A.E NIFTY Souq closes $1.5 million Seed round UAE-based NFT marketplace NIFTY Souq has secured $1.5 million in Seed investment from Palm Ventures, Falak Investment Hub and Fitzy Fund... News • 21 September, 2022 NIFTY Souq Palm Ventures Falak investment hub
Saudi Arabia Elevatus raises $10.5 million Series A round Saud Arabia-based recruitment platform Elevatus has completed a $10.5 million Series A round, co-led by Global Ventures and Wa’ed... News • 21 September, 2022 Elevatus Global Ventures Wa’ed Ventures
Egypt Egypt’s Exits.me raises $1 million pre-Seed round Egypt-based investment marketplace Exits.me, has raised $1 million in a pre-Seed round from a group of local investors, a UK-based... News • 20 September, 2022 Exists.me
Saudi Arabia erad raises $2.4 million pre-Seed round Saudi Arabia-based fintech erad, has raised a $2.4 million pre-Seed funding round, backed by UAE-based Nuwa Capital and VentureSouq, as... News • 19 September, 2022 erad Nuwa capital VentureSouq
U.A.E UAE’s MetaFi raises $3 million UAE-based metaverse startup MetaFi, has raised $3 million from DoublePeak Group, Maven Capital, OKX Blockdream Ventures, Megala... News • 15 September, 2022 MetaFi
U.A.E The Cloud closes $10 million Series A round UAE-based cloud kitchen The Cloud has raised a $10 million Series A round, led by Middle East Venture Partners (MEVP) and Olayan... News • 14 September, 2022 The Cloud
Global LYVE acquires majority stake in Shopini World Abu Dhabi-based B2B logistics SaaS platform Lyve Global, has acquired a majority stake in Shopini World, a cross-border e-commerce... News • 13 September, 2022 Lyve
Bahrain Al Waha Fund, Hambro Perks launch fintech venture studio Bahrain's Al Waha Fund of Funds has partnered with UK investment firm Hambro Perks, to launch HP Spring Studios, a fintech venture... News • 13 September, 2022 Al Waha Fund of Funds Hambro Perks HP Spring Studios
Jordan Sowt Media acquires UAE’s Finyal Media Jordan-based Sowt Media has acquired UAE-based podcast production company Finyal Media for an undisclosed amount, financed by the US... News • 12 September, 2022 Finyal Sowt Media production
Jordan Jordan’s liwwa closes $18.5 million pre-Series B round Jordan-based fintech liwwa has closed an $18.5 million pre-Series B round of equity and debt. The $4.5 million in equity investment was... News • 11 September, 2022 liwwa
Egypt Medical training platform 5 Quarters raises Seed round Egypt-based edtech 5 Quarters has raised an undisclosed Seed round from a Saudi angel investor. Founded in 2016 by Mohamed Salah and... News • 11 September, 2022 5 Quarters EdTech
Regional Mena startups raised $378 million in August 2022 Startups in the Middle East and North Africa region (Mena) raised $378 million across 33 deals, a 260 per cent increase in funding value... Wamda • 08 September, 2022 Investment and acquisitions
Jordan UAE-based fintech Ziina set to expand to Jordan UAE-based fintech Ziina will extend its services to Jordan. Founded in 2020 by Faisal Toukan and Sarah Toukan, Ziina helps... News • 07 September, 2022 Fintech Ziina
Egypt Endure Capital closes first round of $50 million fund Egypt-based Endure Capital has completed the first close of its new $50 million fund to invest in early-stage startups across Africa.... News • 07 September, 2022 Endure Capital MSMEDA Endure 21