Wamda

Global

SWVL announces $20 million private placement

Dubai-based mobility and transport solutions provider SWVL, has signed an agreement with US-based institutional investors for the sale and...

Swvl

U.A.E

Bayzat receives funding support from MBRIF

UAE-based HR solutions platform Bayzat has raised investment for an unknown amount from The Mohammed Bin Rashid Innovation Fund [MBRIF],...

Bayzat MBRIF Mohammed Bin Rashid Innovation Fund

U.A.E

Produze raises $2.6 million to digitise agri value chain

UAE-based B2B marketplace Produze, has raised $2.6 million in a Seed round led by Accel, with participation from All In Capital, and...

Produze

U.A.E

Everdome raises $10 million from GEM Digital

UAE-based metaverse startup Everdome, has raised $10 million from Bahamian digital asset investment firm GEM Digital Limited. The...

Everdome

U.A.E

COTU Ventures raises capital from Dubai Future District Fund

COTU Ventures, a venture capital firm offering capital for early stage startups, has raised investment from Dubai Future District Fund...

COTU Ventures

U.A.E

Procurified raises $1.1 million Seed funding

UAE-based construction bid management platform Procurified has raised a $ 1.1 million Seed Round, led by UAE-based Aditum Investment...

Procurified Aditum Investment Management

U.A.E

BNPL Tabby secures $150 million credit facility

UAE-based fintech Tabby, has secured $150 million in debt financing from Atalaya Capital Management and existing investor Partners for...

Tabby BNPL Fintech

Egypt

SWVL suspends $100 million acquisition of UK’s Zeelo

Dubai-headquartered transport and mobility solutions provider SWVL, has canceled the proposed acquisition of Zeelo, a...

Swvl

U.A.E

Enhance Ventures launches $30 million Builders Fund

UAE and Saudi Arabia-based venture studio Enhance Ventures, has launched a $30 million Builders Fund, which will invest in the...

Enhance Ventures Builders Fund MENAPT

U.A.E

Artifi raises $3.26 million in investment

UAE-based blockchain NFT ecosystem Artfi, has received funds worth $3.26 million at a valuation of $100 million from Sheikha Hend Al...

NFT Artifi Blockchain

U.A.E

ChatFood raises $3 million bridge round led by Antler

UAE-based foodtech ChatFood, has announced a bridge round of $3 million led by Antler with a reserved amount for key strategic Saudi...

ChatFood Antler foodtech

U.A.E

UAE’s Qstay closes $6.5 million Seed round

UAE-based hospitality platform Qstay, has closed a debt and equity Seed round of $6.5 million. Founded in 2020 by Artur Khayrullin,...

Qstay hospitality Rental

U.A.E

DeFi platform ZKX raises $4.5 million Seed round

UAE-based DeFi platform ZKX has raised $4.5 million in Seed funding from StarkWare, Alameda Research, Amber Group, Huobi and...

ZKX DeFi StarkWare

U.A.E

Omooma raises $2.5 million for its mother-centric content platform

UAE-based female health Arabic content platform Omooma, has raised $2.5 million from E20 Investment LTD. Co-founded by Romain...

Omooma

Global

SWVL expands to Mexico with Urbvan acquisition

UAE-based mobility services provider SWVL has acquired Urbvan, a Mexico-based mass mobility startup. Founded in 2016 by Renato Picard...

Urbvan Swvl

U.A.E

Proptech houza raises $5.5 million pre-Series A round

UAE-based proptech houza, has raised $5.5 million in a pre-Series A round from Emirati real estate agencies. Founded in 2020 by...

houza Proptech

U.A.E

Web design tech startup Bhatia raises $400,000

UAE-based design tech startup Bhatia, has raised $400,000 in a Seed round led by Eureeca Holdings. Founded in 2019 by Dushyant...

Bhatia

U.A.E

UAE's LYVE acquires majority stake in Jeebly

UAE-based B2B logistics platform LYVE, has acquired a majority stake in Jeebly, a last-mile logistics provider based in the...

Jeebly Lyve

U.A.E

Supy raises $8 million Seed round

UAE-based B2B food marketplace Supy, has raised $8 million in a Seed round led by BECO Capital with participation from Valia Ventures,...

Supy BECO Capital

U.A.E

Digital banking YAP raises $41 million in funding

UAE-based fintech YAP, has raised $41 million in funding from Saudi Arabia's Aljazira Capital, Abu Dawood Group, Astra Group and...

YAP digital bank

U.A.E

Anghami acquires live events management company Spotlight

UAE-based music streaming app Anghami has acquired the Dubai-based live events and concert company Spotlight Event for an unknown...

anghami Spotlight Event

U.A.E

Careem acquires money transfer technology platform Denarii

UAE-based super app Careem has acquired the assets of Denarii, a Dubai-based money transfer platform. The value of the deal was not...

Careem Pay careem Denarii

U.A.E

Pure Harvest secures $180.5 million from global investors to fund expansion

UAE-based agritech Pure Harvest Smart Farms, has raised $180.5 million in its latest growth funding round. Investors included Metric...

agritech Pure Harvest Smart Farms

Global

KBW Ventures invests in Eclipse’s $40 million Series B round

UAE-based KBW Ventures, founded by HRH Prince Khaled bin Alwaleed bin Talal Al Saud, has invested in US-based dessert brand...

Eclipse

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