Egypt MaxAB raises $40 million in Series A Egypt-based B2B e-commerce platform MaxAB, has raised $40 million in a Series A round, led by RMBV, with participation from the IFC,... News • 05 July, 2021 B2B ecommerce Series A MaxAB
Egypt Zeew raises $170,000 in funding Egypt-based e-commerce enabler platform Zeew, has raised $170,000 from Sanabil 500 MENA Seed Accelerator, a joint initiative of... Dunya Hassanein • 01 July, 2021 Zeew ecommerce enablement Sanabil Investments
U.A.E Kitopi raises $415 million in Series C led by Softbank UAE-based cloud kitchen platform Kitopi has raised $415 million in a Series C round led by SoftBank Vision Fund 2 with... News • 01 July, 2021 Kitopi cloud kitchen Softbank Vision Fund
Morocco Morocco’s fintech Yalla Xash raises $675,000 Morocco-based fintech startup Yalla Xash has raised MAD6 million ($675,000) from Maroc Numeric Fund II. Yalla Xash is a... News • 30 June, 2021 Yalla Xash Fintech
Saudi Arabia IR4LAB secures $1.5 million from Aramco’s Wa’ed Saudi Arabia-based blockchain startup IR4LAB has secured a $1.5 million investment round from Aramco’s entrepreneurship arm,... News • 30 June, 2021 IR4LAB Wa'ed
U.A.E IoT startup iWire raises $34 million Series A round UAE-based internet of things (IoT) startup iWire has raised a $34 million Series A funding round, led by Noor Capital with participation... News • 29 June, 2021 iWire IoT
U.A.E Postpay secures $10 million investment from AP Ventures and Afterpay Dubai-based buy now pay later (BNPL) startup Postpay has secured $10 million in equity investment, led by AP Ventures and... News • 28 June, 2021 BNPL Postpay Fintech
Bahrain UAE’s Shorooq Partners acquires Bahrain’s Autarky Capital UAE-based venture capital firm Shorooq Partners has acquired Bahrain-based investment and advisory firm Autarky Capital for an... News • 28 June, 2021 Shorooq Partners Autarky Capital acquisition
U.A.E UAE’s Cashee raises $1 million pre-Seed UAE-based fintech startup Cashee raised a $1 million pre-Seed funding round. Founded by Smeetha Ghosh and Brad Whittfield, Cashee... News • 28 June, 2021 Cashee EdTech Fintech
Saudi Arabia Saudi Arabia’s Tamer Group acquires majority stake in Mumzworld Saudi Arabia’s Tamer Group, a healthcare distributor and logistics company has acquired a majority stake in UAE-based e-commerce... News • 28 June, 2021 acquisition news Mumzworld
Jordan Jordan's Edunation raises $3 million Jordan-based edtech startup Edunation has raised $3 million in a round led by Rubix. Founded in 2013 by Firas Jabbour and Mahmud... News • 27 June, 2021 EdTech Edunation Jordan
U.A.E eyewa closes $21 million Series B UAE-based eyewa has closed its Series B funding round, raising $21 million. The round was co-led by Kingsway and Nuwa Capital, with... News • 27 June, 2021 eyewa series B
Global Floward raises $27.5 million in Series B Kuwait-based flowers and gifts marketplace Floward, has raised $27.5 million in a Series B funding round led by STV with participation... News • 27 June, 2021 Floward Floral markerplaces ecommerce
Egypt Egypt’s Minly raises a $3.6 million Seed round Egypt-based social media startup Minly has secured a $3.6 million Seed fund, co-led by 4DX Ventures, B&Y Venture Partners, Global... News • 27 June, 2021 Minly Egypt
Saudi Arabia Saudi Arabia's Finance Ministry grants licenses for STC Bank and Saudi Digital Bank Saudi Arabia's Finance Ministry has granted licenses for the Kingdom's first digital banks; STC and Saudi Digital Bank - both... News • 24 June, 2021 Fintech digital banks
Egypt zVendo, PayTabs Egypt, valU collaborate to launch Baraka Group's first online shopping platform Egypt-based e-commerce enabler zVendo, e-payment solution providers PayTabs Egypt, and EFG Hermes-backed valU are collaborating to... News • 24 June, 2021 zVendo paytabs EFG Hermes
