U.A.E MBRSC launches Space Ventures to support space-focused startups The Mohammed Bin Rashid Space Centre (MBRSC) has announced the launch of Space Ventures, a launchpad for global and regional startups in... News • 18 October, 2021 Space Venture
Saudi Arabia Khwarizmi Ventures announces first close of sector-agnostic fund Saudi Arabia-based venture capital fund, Khwarizmi Ventures, has announced the first closing of its fund at $63 million. The VC,... News • 14 October, 2021 Khwarizmi Ventures
Bahrain Bahrain’s Al Waha announces new investment in BY Venture Partners Bahrain’s Al Waha Fund of Funds (Al Waha) has announced a new investment in Mena-based BY Venture Partners (BY) which is targeting... News • 06 October, 2021 Al Waha Fund of Funds BY Venture Partners Venture Capital
Tunisia Flat6Labs announces second close of Tunisia Seed Fund Flat6Labs has announced the second close and increase of its Tunisia-based Anava Seed Fund (ASF) from $3 million to $10 million.... News • 27 September, 2021 Flat6Labs Sawari Ventures
Global 500 Startups closes $140 million fund, rebrands to 500 Global US-based venture capital firm 500 Startups has closed its largest fund to date at $140 million and has rebranded to 500 Global. The... News • 16 September, 2021 500 Global 500 startups
Saudi Arabia Wa’ed announces $2.7 million budget to support Saudi entrepreneurs during Jubail roadshow Wa’ed, the entrepreneurship arm of Saudi Arabia’s Aramco, has set aside SAR10.2 million ($2.72 million) in Seed grants and... News • 07 September, 2021 Wa'ed Aramco
Egypt Zain Telecom launches venture fund, invests in Swvl and Pipe Kuwaiti mobile telecommunications company Zain has announced the establishment of Zain Ventures. The size of the fund has not been... News • 01 August, 2021 Zain Ventures Swvl Pipe
Egypt Eight startups graduate from Flat6Labs’ Cairo Seed Programme Egypt’s Flat6Labs has graduated eight startups from its Cairo Seed Programme’s 16th cycle, each receiving seed investment... News • 01 August, 2021 Flat6Labs Cairo Seed Program
U.A.E Liquidity Capital, Yas Investment launch $100 million venture debt fund in UAE US-based Liquidity Capital has partnered with Dubai-based Yas Investments to launch a $100 million venture debt fund in Abu Dhabi... News • 25 July, 2021 Liquidity Capital Yas Investment venture debt fund
Egypt Laila Hassan: More women inclusion in the ecosystem drives better economics Egypt-based venture capital firm Algebra Ventures announced today that Laila Hassan and Omar Khashaba will be joining its second, $90... Nesma Abdel Azim • 05 July, 2021 Algebra Ventures GP Egypt
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... Wamda • 06 June, 2021 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,... News • 02 June, 2021 Jordan VC ISSF
Saudi Arabia The VC map of Saudi Arabia We recently published a feature highlighting the growth of Saudi Arabia's venture capital sector. In this infographic, we have mapped... Wamda • 03 June, 2021 Venture Capital Angel Investor corporate venture capital
Saudi Arabia Nabeel Koshak: Growing Saudi Arabia’s venture market Saudi Arabia’s government has been especially proactive in encouraging its entrepreneurship sector, the result of which is a... Nagham Al Eithan • 02 June, 2021 SVC
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... Nagham Al Eithan • 27 May, 2021 VC PIF Jada Fund of Funds
U.A.E Crescent Enterprises to double investments in startups to $272 million by 2022 UAE-based Crescent Enterprises announced doubling its venture capital investments in startups to $272 million (Dh 1 billion) by... News • 09 May, 2021 uae Venture Capital
Jordan Amam Ventures launches in Jordan to support women-focused SMEs Amam Ventures has launched in Jordan with a fund anchored by the Innovative Startups and SMEs Fund (ISSF) and Dutch Good Growth Fund... News • 05 May, 2021 Jordan Amam Ventures
Saudi Arabia Aramco’s Wa’ed signs agreement with Falak Investment Hub to increase Saudi startup funding Saudi Arabia-based Falak Investment Hub has signed a memorandum of understanding (MoU) with Wa’ed, the entrepreneurship arm of... News • 28 April, 2021 StandUp Funding Saudi Arabia
Egypt Why is Japan's Samurai Incubate interested in Egypt? Last week, Japan-based venture capital firm Samurai Incubate closed its second $18.6 million Africa fund and for the first time, the fund... Nesma Abdel Azim • 22 April, 2021 Samurai Incubate japan
U.A.E Mindshift Capital invests in US medtech startup UAE-based Mindshift Capital has invested in the Series C raise of US-based OtoNexus Medical Technologies This marks the eight... News • 21 April, 2021 Mindshift Capital Fund medtech
Egypt What is driving Egypt's current startup boom? Last week saw the launch of two new venture capital funds in Egypt – Sawari Ventures closed its $71 million fund while Algebra... Dunya Hassanein - Nesma Abdel Azim • 11 April, 2021 Sawari Ventures Algebra Ventures
Egypt Egypt's Algebra Ventures launches $90 million second fund Egypt-based Algebra Ventures has launched its second fund of $90 million to invest in startups in Egypt with an allocation for... News • 06 April, 2021 Algebra Ventures
Global SIP debuts fund for US startups looking to scale across Mena US and Tokyo-based venture capital firm SIP Global Partners recently announced the first close of $75 million for its debut fund, targeting... Yumna Alrefaei • 28 March, 2021 Venture Capital
Jordan Propeller launches new fund to invest in early-stage startups Jordan-based venture capital (VC) firm Propeller, has announced the first close of its second fund which will focus on pre-Seed and... News • 16 March, 2021 Propeller VC fund VC