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... Dunya Hassanein • 25 January, 2021 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... Dunya Hassanein • 25 January, 2021 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... Dunya Hassanein • 25 January, 2021 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,... News • 24 January, 2021 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... Dunya Hassanein • 21 January, 2021 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... News • 21 January, 2021 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... Dunya Hassanein • 19 January, 2021 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... Dunya Hassanein • 19 January, 2021 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... Dunya Hassanein • 19 January, 2021 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... News • 19 January, 2021 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),... News • 19 January, 2021
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... News • 17 January, 2021 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... News • 13 January, 2021 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... News • 13 January, 2021 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 • 13 January, 2021 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... Shaimaa El Nazer • 12 January, 2021 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... Dunya Hassanein • 12 January, 2021 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... News • 10 January, 2021 cwallet Fintech
Global Alpha Wave leads $5 million Series A in India's edtech platform Kyt Source: The Financial Express Edtech platform Kyt on Wednesday said it has raised USD 5 million (about Rs 36.5 crore) in funding led by... News • 10 January, 2021 Alpha Wave EdTech Kyt
Saudi Arabia Ejaro raises $850,000 seed round Saudi Arabia-based peer-to-peer (P2P) vehicle sharing platform Ejaro, has raised a $850,000 (SAR 3.2 million) seed round, led by Saudi... Dunya Hassanein • 10 January, 2021 Ejaro car sharing car rental
Egypt Nawah Scientific raises $1 million in pre-Series A Egypt-based life science startup Nawah Scientific, has raised $1 million in a mix of equity and debt in its second pre-Series A round led... Dunya Hassanein • 10 January, 2021 Life science startups cairo angels Alex Angels
U.A.E Access Bridge Ventures launches with first close of its $25 million fund Access Bridge Ventures (ABV), a newly launched regionally focused early-stage venture capital fund, has made its first close. The fund,... News • 10 January, 2021 ABV VC fund
Lebanon Anghami raises investment from SHUAA Capital Lebanon-based music streaming platform Anghami, has raised a fresh investment from UAE-based investment firm SHUAA Capital alongside other... Dunya Hassanein • 05 January, 2021 anghami Music streaming Shuaa Capital
Saudi Arabia NearPay raises $600,000 pre-seed Saudi Arabia-based financial technology (fintech) startup NearPay, has raised a $600,000 (SAR 2.2 million) pre-seed round, led by Saudi... Dunya Hassanein • 05 January, 2021 NearPay Angel Investment Fintech