U.A.E Bayzat raises $16 million in Series B funding Source: MenaBytes Dubai-based HR and insurance startup Bayzat has raised $16 million in a Series B round from Mubadala’s newly... News • 21 October, 2019 news Dubai Investment
Regional Mubadala announces $250 million fund for Mena startups Source: CNBC Abu Dhabi is doubling down on its push into the technology sector with a $250 million investment to support start-ups from... News • 21 October, 2019 fund MENA AbuDhabi
Bahrain Al Waha invests in Beijing-based MSA Capital Bahrain’s Al Waha Fund of Funds has announced an undisclosed amount of investment in Beijing-based MSA Capital in its first... Yasmeen Nabil • 16 October, 2019 fund Bahrain china
Regional Investcorp leads $11.2 million investment in Bewakoof Source: Yourstory Global alternative asset manager Investcorp has led a $11.2 million investment in Mumbai-based... News • 14 October, 2019 Investment Fashion online
U.A.E BulkWhiz raises multi-million Series A Source: MENAbytes Dubai-based e-commerce grocery platform BulkWhiz has closed its Series A, the startup announced today in a... News • 13 October, 2019 E-commerce Series A Investment
Saudi Arabia UnitX raises $2 million Saudi-based UnitX, an artificial intelligence (AI) and supercomputing startup spin-out company from King Abdullah University of Science and... Yasmeen Nabil • 10 October, 2019 Investment saudi AI
Egypt RiseUp acquires StarterHub Egypt-based RiseUp, the organiser of the biggest entrepreneurship summit in the Middle East and North Africa (Mena), has acquired... Yasmeen Nabil • 09 October, 2019 acquisition online platform
Egypt Hive raises $400,000 in seed funding Source: MenaBytes Hive, a Cairo-based ride-hailing platform for kids has raised $400,000 in seed funding, the startup... News • 09 October, 2019 seed fund ride hailing
Egypt ExpandCart raises $150,000 in funding Source: Disrupt Africa Egyptian e-commerce startup ExpandCart has secured US$150,000 in funding after being selected into the Hong... News • 08 October, 2019 fund accelerator E-commerce
Oman Omani Society for Education Technology acquires Nadrus.com Omani Society for Education Technology (OSET) has officially acquired Dubai-based online Arabic courses marketplace Nadrus.com for an... Yasmeen Nabil • 08 October, 2019 Acquistion online courses
Kuwait Cofe raises seven figure Series A funding Source: finsmes Cofe App, a Kuwait-based coffee-centric marketplace app, raised a seven figure Series A funding. The exact amount of... News • 08 October, 2019 Coffee Series A Funding
Egypt Sprint raises six-figure in seed funding Source: MenaBytes Cairo-based logistics startup Sprint has raised six-figure (USD) seed funding from an angel investor, the startup... News • 08 October, 2019 Egypt seed fund
U.A.E Almentor raises $4.5 million in series A funding Source: Startup MGZN Dubai-based e-learning platform almentor.net has announced that it closed a $4.5 million Series A investment round... News • 08 October, 2019 E-Learning Funding Series A
Jordan arabot raises $1 million seed funding Jordan-based artificial intelligence (AI) company arabot has raised a $1 million seed round led by Riyad TAQNIA Fund (RTF), with... Triska Hamid • 02 October, 2019 chatbot Artificial intelligence
U.A.E BECO Capital closes second fund Dubai-based venture capital (VC) firm BECO Capital has closed its second fund at $100 million. The VC will continue investing in early... News • 02 October, 2019 Venture Capital venture capital fund BECO Capital
U.A.E Dubai rolls out virtual business licences for global investors Source: The National Dubai rolled out on Monday virtual commercial licences that allow investors from across the globe to establish... News • 01 October, 2019 news license Business
Egypt PrintX raises $150,000 Source: Ventureburn PrintX, a Cairo-based online print shop, has raised $150 000 from Saudi angel investor Mohamed Elbazz. Tech... News • 01 October, 2019 news Investment Egypt
Tunisia International Finance Corporation invests $1 million in Flat6Labs Tunis Source: MENAbytes International Finance Corporation (IFC), a member of the World Bank Group has announced that it is investing $1... News • 30 September, 2019 news fund tunisia
U.A.E Melltoo raises pre-Series A from China’s Gobi Partners Dubai-based online marketplace Melltoo has announced an undisclosed pre-series A funding round co-led by China-based venture capital... Yasmeen Nabil • 30 September, 2019 E-commerce Funding ksa
Egypt Glamera raises $250,000 seed Source: MENAbytes Cairo-based beauty services booking platform Glamera has raised $250,000 in a seed round, the startup announced today... News • 29 September, 2019 seed seed investment bookings
U.A.E Mubadala invests in Embark Source: Forbes Embark Trucks, a self-driving tech firm created by two twenty-something Canadian computer scientists, just landed $70... News • 26 September, 2019 news trucks Investment
Egypt MaxAB closes $6.2 million seed round MaxAB, an Egypt-based business to business (B2B) e-commerce marketplace has secured seed funding of $6.2 million, in one of the largest... Yasmeen Nabil • 25 September, 2019 Egypt FMCG Investment
Saudi Arabia Saudi-based Daal invests in PromoRepublic Source: MenaBytes Daal, a Khobar-based VC firm has invested an undisclosed amount of money in $2.2 million seed round of social media... News • 25 September, 2019 Social Media management
Algeria TemTem raises $4 million in series A Source: MenaBytes Algiers-based ride-hailing startup TemTem has raised $4 million in a Series A round, the startup announced in a... News • 25 September, 2019 largest Series A ride-hailing