Wamda

Saudi Arabia

Red Sea Farms raises $10 million to expand across Saudi

Saudi Arabia-based agritech startup Red Sea Farms has received a $10 million investment fund from Wa’ed, the Future Investment...

agritech KAUST

Egypt

MoneyHash raises six-figure pre-Seed round

Egypt and US-based fintech MoneyHash has raised an undisclosed amount (six-figures) in a pre-Seed round led by COTU Ventures with...

Fintech MoneyHash COTU Ventures

Regional

Mena startups raised $110 million in May 2021

Startups in Mena raised almost $110 million across 35 deals in May. While it is a marked drop when compared to April, it is still an...

Investment

U.A.E

Pawame raises $2.5 million, prepares for $5 million Series A

UAE-based solar energy startup aimed at off-grid communities in sub-Saharan African countries Pawame, has raised $1.7 million in grants....

Pawame solar energy Series A

U.A.E

VentureSouq participants in Lahore-based Tajir's $17 million Series A round

UAE-based venture capital firm VentureSouq, has participated in Pakistan-based B2B marketplace Tajir's $17 million growth funding...

Tajir Venture Souq b2b

Saudi Arabia

Wa’ed invests $500,000 in Saudi drone operator FalconViz

Wa’ed, the entrepreneurship arm of Saudi Aramco, has invested $500,000 in Saudi Arabia-based drone operator FalconViz, marking...

falconviz Wa'ed Aramco

Jordan

BeyondCapital’s Angel Network invests in Wafii, Palmear and Bith TV

Jordan-based BeyondCapital has invested in three Jordanian startups; Wafii, a loyalty and payments platform where users earn...

Angel Investment

Jordan

ISSF invests $1 million in Arzan’s second fund

The Innovative Startups and SMEs Fund (ISSF) has invested $1 million Kuwait-based Arzan Venture Capital II. Founded in 2014,...

Jordan VC ISSF

Global

Huda Beauty Investments participates in UK-based Uptime's $3 million seed extension

Dubai-based Huda Beauty investments (HBI) has participated in UK-based edtech Uptime's $3 million Seed extension round....

HB investments Uptime EdTech

Global

Falcon Edge Capital co-leads $50 million Series A round in India's Mensa Brands

UAE's Falcon Edge Capital, Accel Partners and Norwest Venture Partners, have co-led a $50 million Series A round for India-based...

Falcon Edge Capital Mensa Brands Series A

Global

Mubadala Capital participates in Berlin-based wefox's $650 million Series C round

UAE-based investment firm Mubadala Capital, has invested in Berlin-based insuretech company Wefox’s $650 million Series C funding...

Mubadala Capital Wefox Insurtech

U.A.E

almentor raises $6.5 million Series B round

Dubai-based video e-learning platform almentor, has raised $6.5 million in a Series B funding round, led by Partech, with participation...

almentor Video e-learning series B

Egypt

zVendo raises pre-Series A investment

Egypt-based e-commerce enabler zVendo, has raised a pre-Series A funding round from Mobica and Gratus Holding. Founded in 2018,...

zVendo ecommerce enablement

Qatar

Qatar fintech Dibsy raises $300,000 in pre-Seed round

Qatar-based fintech startup Dibsy has raised $300,000 in a pre-Seed funding round, led by Salem Khalaf Al Mannai with participation...

Fintech Dibsy

U.A.E

Stake raises $4 million Seed round

Dubai-based proptech startup Stake has raised a $4 million Seed round led by Combined Growth Real Estate with participation from...

Stake Real Estate

Bahrain

Doctori raises $500,000 Seed round

Bahrain-based healthtech startup Doctori, has raised a $500,000 Seed funding round led by a group of undisclosed investors. Founded in...

healthtech telehealth Doctori

Saudi Arabia

Eltizam raises SAR 2.5 million for its insurance marketplace

Saudi Arabia-based insurance as a service (IaaS) platform Eltizam, has raised SAR2.5 million ($666,000) via crowdfunding platform...

Eltizam Insurance Scooper

Saudi Arabia

Qalam raises funds from Wadi Makkah Ventures

Saudi Arabia-based publishing platform Qalam, has raised an undisclosed sum from Wadi Makkah Ventures. With the fresh funds, the...

Qalam Publishing Wadi Makkah

Saudi Arabia

What's next for Saudi Arabia's booming VC sector?

Five years into the Saudi Vision 2030 programme, venture capital (VC) funding in Saudi Arabia has risen to an all time high with a recorded...

VC PIF Jada Fund of Funds

Global

Australia's Zip acquires Spotii

ZIP a publically listed Australia-based buy now pay later (BNPL) company has fully acquired Dubai-based BNPL provider Spotii for...

Spotii Zip BNPL

Egypt

Mozare3 raises pre-Seed funding

Egypt-based agri-fintech platform Mozaer3, has raised a seven-figure pre-Seed funding round led by Algebra Ventures and Disruptech...

Agri-fintech Mozare3 Disruptech

U.A.E

Rizek raises $10 million Series A round

UAE-based on-demand home services startup Rizek, has raised a $10 million Series A funding round. Founded by Abdullah Abu Sheikh...

Rizek home services

Global

UAE's Calega, Oman-based investors invest in India-based ClassMonitor

UAE-based Calega family office investor group, Oman-based group of investors (Sarvann), along with PATH India, have led a...

ClassMomitor

Egypt

Tays raises pre-Seed funding for its professional networking app

Egypt-based networking app Tays has raised a seven-figure (EGP) pre-seed investment from several angel investors, some of whom will...

Tays social networking apps pre seed

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