Wamda

Bahrain

Gaming on the rise: Twitch Arabic video streams soar in 2020

As the Covid-19 pandemic forced millions to stay home for longer periods of time, the video game industry experienced an unpreceded growth...

Twitch video games Video Streaming

Egypt

Odiggo raises $600,000 seed round

Egypt-based digital marketplace for automotive spare parts Odiggo, has raised $600,000 in a seed funding round from Essa Al-Saleh, former...

Odiggo car spare parts Seed funding

Egypt

Zeew raises six-figure seed round

Egypt-based software-as-a-service (SaaS) startup Zeew, has raised a six-figure investment seed round from Estonia-based angel...

Zeew Food & Beverage food ordering

Jordan

GoCash raises $300,000 pre-seed investment

Jordan-based financial technology (fintech) startup GoCash, has raised $300,000 in a pre-seed investment round from a group of Amman-based...

Fintech Gocash ATM market

Saudi Arabia

Ynmo raises $500,000 seed

Saudi Arabia-based education technology (edtech) platform Ynmo, has raised a $500,000 seed round from the entrepreneurship investment arm...

Ynmo EdTech SAAS

U.A.E

Zbooni raises $5 million in Series A

UAE-based e-commerce enabler Zbooni, has raised a $5 million Series A funding round led by an undisclosed London-based fund. Founded in...

Zbooni ecommerce enablement Series A

Saudi Arabia

Hakbah app raises $1.2 million seed

Saudi Arabia-based financial technology (fintech) startup Hakbah, has raised $1.2 million (SAR 4.5 million) in its seed round. Founded...

Hakbah ROSCA financial inclusion

U.A.E

spiderSilk raises $2.3 million in pre-Series A

Dubai-based cybersecurity firm spiderSilk, has raised a $2.25 million pre-Series A funding round, co-led by Global Ventures and STV, with...

Cypersecurity Global Ventures spiderSilk

U.A.E

ArabyAds acquires Dmenta

UAE-headquartered online advertising and consumer intelligence platform (adtech) ArabyAds, has acquired Dubai-based influncer and brand...

ArabyAds Dmenta adtech

U.A.E

Rising Giants Network secures $1 million investment

Dubai-based Rising Giants Network (RGN), a bilingual podcasting network, has secured a $1 million investment deal, led by Triangle Media,...

content podcasts Investment

Jordan

Jordan’s TWIG raises funding from AMC

Jordan-based agritech startup TWIG, has raised investment from Miqdadi Agricultural Materials Company (AMC). TWIG works as a...

Home gardening agritech foodtech

Tunisia

NewGen, MooMe raise funding from Maxula Seed Fund

Source: Disrupt Africa Two Tunisian tech startups have secured investment from the newly-launched Maxula Seed Fund, which aims to...

Maxula Seed Fund MeMoo NewGen

Global

KBW Ventures invests in BlueNalu

UAE-based KBW Ventures has increased its stake in US-based BlueNalu, participating in its newly-raised $60 million convertible note...

BlueNalu KBW Ventures

U.A.E

Mohamed Hilal Group invests in Spain’s VirtuE through SAIN

UAE-based Mohamed Hilal Group has signed an investment agreement with Spanish Startup VirtuE R&D, through the newly-launched Sharjah...

Virtue R&D AI Mohamed Hilal Group

Global

Derayah VC invests in Pakistan’s Bazaar

Saudi Arabia-based Derayah Venture Capital has invested in Pakistan-based business to business (B2B) e-commerce platform Bazaar’s...

Bazar b2b ecommerce

Global

VentureSouq invests in Singapore-based Volopay

Source: TechCrunch Volopay, a Singapore-based startup building a “financial control center” for businesses, announced today...

VentureSouq Volopay Volopay

Global

Alpha Wave leads $2.5 million seed round in India’s Udayy

Source: YourStory Udayy, the Gurugram-based edtech startup, has raised $2.5 million in a seed round led by Alpha Wave Incubation (AWI),...

Saudi Arabia

Jada to invest in Merak Capital

Source: Saudi Gazette Jada Fund of Funds Wednesday made an official commitment to Merak Technology Ventures Fund, which focuses on...

Jada Fund of Funds Merak Capital early stage funding

Egypt

Opio raises $300,000 seed investment

Egypt-based women’s fashionwear brand Opio has raised $300,000 in a seed round from AUC Angels, local and regional angel investors...

direct-to-consumer

U.A.E

Abu Dhabi startups to get funding and tech support from ADIO-Microsoft alliance

Source: Gulf News In alliance with Microsoft, the Abu Dhabi Investment Office (ADIO) will offer owners of local startups the resources...

ADIO Plug and Play microsoft

Regional

Wamda and Tarjama launch translation tool to serve the regional ecosystem

Wamda, the Middle East region's leading startup ecosystem enabler, has launched an English-Arabic business terminology translation...

wamda Tarjama Arabic digital content

Global

Checkout.com to open office in Riyadh after raising $450 million

Checkout.com, the UK-based payments company is expanding its presence in the Middle East and North Africa (Mena) after securing a $450...

Saudi Arabia

Egypt

Docspert Health raises six-figure seed round

Egypt-based telemedicine startup Docspert Health, has closed a six-figure seed funding round from Flat6Labs as well as a group of angel...

Docspert health telemedicine

Qatar

Cwallet secures $220,000 pre-seed

Qatar-based financial technology (fintech) startup Cwallet, has raised a $220,000 pre-seed round from its founders and MBK...

cwallet Fintech

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