Egypt Egypt-based VC DisrupTech raises $5 million investment from Proparco Egypt-based VC fund DisrupTech Ventures has received a $5 million investment from Proparco. Founded in 2021, DisrupTech is an... News • 07 May, 2023 Disruptech Proparco
Regional Mena startups raised $247 million in March 2023, pushing Q1 funding to $1.1 billion Startups in the Middle East and North Africa region (Mena) raised $247 million across 67 deals in March 2023, a decline of 67 per cent... Wamda • 06 April, 2023 investments
U.A.E Scalo Technologies moves HQ to UAE, plans to invest $100 million in Mena startups Singapore-based VC firm Scalo Technologies has moved its headquarters to Dubai, with the intention to invest $100 million in promising... News • 04 April, 2023 Scalo Technologies Venture Capital
Egypt Acasia Angels invests in Greek startup Swaplanet Egypt-based Acasia Angels has joined the €485,000 ($529,000) pre-Seed investment round in the Greece-based retail apparel swap... News • 04 April, 2023 Acasia Angels Swaplanet
Saudi Arabia King Saud University invests in STV’s Total Growth Platform The investment arm of King Saud University “Riyadh Valley Company (RVC)” has invested an undisclosed amount in STV’s... News • 02 April, 2023 King Saud University Riyadh Valley Company STV
Egypt Camel Ventures launches $16 million fund to back fintech in Egypt Egypt-based Camel Ventures has launched a $16 million VC investment vehicle “Camel Ventures for Investment I (CVI)”. The... News • 02 April, 2023 Camel Ventures Fintech CVI
Regional SRMG launches VC arm to back regional early-stage media companies Saudi Arabia-based media group SRMG has launched a new VC arm to back early-stage companies that focus on media creation, digital media,... News • 28 March, 2023 SRMG VENTURES FUZ Telfaz11
Egypt Acasia Ventures invests in Fez’s $1 million Seed round Egypt-based VC firm Acasia Ventures has participated in the $1 million Seed round raised by the Lagos-based last-mile delivery platform... News • 28 March, 2023 Acasia Ventures Fez Last mile
Iraq Iraqi Islamic Bank partners with MSA Novo to back startups in Iraq Iraq Islamic Bank (IIB) has partnered with investment company MSA Novo, to launch a tech fund to invest in Iraqi startups and lead the... News • 20 March, 2023 Iraqi Islamic Bank MSA Novo iraq
Saudi Arabia SVC launches $80 million VC fund to back fintech in KSA Saudi Venture Capital Company (SVC) has launched an $80 million Investment in Fintech VC Fund, in partnership with the Capital Market... News • 20 March, 2023 SVC Fintech Saudi Arabia
Regional Flat6Labs launches $95 million Seed fund to back early-stage startups in Africa Seed investor and accelerator Flat6Labs, has launched a new $95 million Africa Seed Fund (ASF) to nurture the growth and development of... News • 14 March, 2023 Flat6Labs Africa Seed Fund ASF
Saudi Arabia Emkan launches $31 million fund to back early-stage startups Saudi Arabia-based VC firm Emkan Capital has announced the close of its $31 million Emkan Capital Fund I (ECP I). ECP I aims to invest... News • 02 March, 2023 Emkan Capital Emkan Capital Fund I Jada Fund of Funds
U.A.E 8X Ventures to deploy $20 million in Mena cleantech startups UAE-based VC firm 8X Ventures plans to deploy $20 million in the Mena region's climate tech and cleantech startups. It also plans to... News • 19 February, 2023 clean tech 8x Ventures
Saudi Arabia Flat6Labs launches $20 million Startup Seed Fund in Saudi Arabia Flat6Labs has finished the first close of its $20 million “Startup Seed Fund” in Saudi Arabia, with the participation of the... News • 13 February, 2023 Flat6Labs Startup Seed Fund
Saudi Arabia Wa’ed Ventures invests in Roots Ventures Wa’ed Ventures, the VC arm of Aramco, has invested in Revival Lab to launch its venture builder Roots Ventures. The investment... News • 05 February, 2023 Wa'ed Vnetures Roots Ventures Aramco
Saudi Arabia DAAL Ventures invests in Mexico’s Pulppo Saudi Arabia-based VC DAAL, has taken part in the $5 million Seed funding round of Mexico-based proptech Pulppo alongside Y Combinator,... News • 09 January, 2023 Daal Ventures Pulppo Proptech
U.A.E Modus leads Koble’s $1.2 million pre-Seed round UAE-based VC Modus, has led the $1.2 million pre-Seed funding round for UK-based investment firm Koble alongside Belgium-based VC... News • 08 December, 2022 Koble Modus Venture Capital
Regional Revival Lab launches $40 million fintech-focused VC builder and fund Saudi Arabia-based Revival Lab will establish “Fin-tactics Ventures", a venture builder specialised in fintech, insuretech... News • 07 December, 2022 Revival Lab Fin-tactics Ventures
Regional Seedstars launches platform to develop VC managers in emerging markets Switzerland-based Seedstars has launched its investment arm “Seedstars Capital” for emerging VC fund managers across the... News • 05 December, 2022 seedstars Venture Capital
Egypt Modus partners with USAID to launch venture builder in Egypt US-based and Mena-focused VC firm Modus, has partnered with USAID to launch a venture builder (MV Builder II) in Egypt, to build and... News • 22 November, 2022 Modus USAID MV Builder II
U.A.E OurCrowd expands Abu Dhabi investment operations Israel-based VC firm OurCrowd has announced the expansion of its Abu Dhabi operations with a new VC office and AI tech hub enabled by... News • 16 November, 2022 OurCrowd ADIO ADGM
Regional IFC launches $225 million platform to strengthen VC ecosystems in Africa, Middle East World Bank-backed International Financial Corporation (IFC) has launched a $225 million platform to strengthen venture capital... News • 15 November, 2022 ifc Venture Capital
Regional Modus launches $75 million Africa-focused fund US-based and Mena-focused VC firm Modus, has launched a $75 million Modus Africa VC fund that will invest in African startups, led by... News • 15 November, 2022 Modus Venture Capital
Palestine Ibtikar Fund invests $1.4 million in three startups Palestine-based VC Ibtikar Fund, has invested $1.4 million in three startups across Mena founded by Palestinians, through its second... News • 02 November, 2022 Ibtikar Fund Alma Health Vatrin