Tunisia Tunisia-born Clusterlab raises $600,000 pre-Seed Tunisia-born and UAE-headquartered AI startup ClusterLab has raised $600,000 in a pre-Seed funding round from regional investors,... News • 20 March, 2024 Clusterlab AI
Regional P1 Ventures closes $35 million for its second fund US-based and pan-African VC fund P1 Ventures has completed the second close of its second fund at $35 million, aiming to reach $50... News • 20 March, 2024 P1 Ventures VC fund ifc
Egypt Egypt’s Pharmacy Marts secures bridge round from Acasia Ventures Egypt-based healthtech Pharmacy Marts has raised a six-figure bridge round, led by Acasia Ventures. Founded in 2021 by Ahmed Kadous,... News • 19 March, 2024 Acasia Ventures Pharmacy Marts healthtech
Bahrain Receiptable secures pre-Seed round from HP Spring Studios Bahrain-based fintech Receiptable has raised a pre-Seed round for an unknown amount, led by HP Spring Studios, a venture fund that is... News • 19 March, 2024 Receiptable HP Spring Studios Fintech
Oman Zameeli raises equity crowdfunding via Mamun platform Oman-based platform Zameeli, which connects local freelancers with SMEs, has closed its equity crowdfunding via Omani fintech... News • 18 March, 2024 Zameeli Mamun Crowdfunding
Saudi Arabia Saudi foodtech Barakah raises investment from FoodLabs Saudi Arabia-based foodtech startup Barakah has raised an undisclosed funding round from German-based VC FoodLabs, marking its first... News • 18 March, 2024 Barakah FoodLabs foodtech
Jordan ISSF increases investment in Propeller's second fund Jordan’s Innovative Startups and SMEs Fund (ISSF) has increased its commitment to Propeller's second fund, to be increased... News • 18 March, 2024 ISSF Propeller Propeller Ventures II
Saudi Arabia SVC invests $30 million in Olive Rock Partners Fund I Saudi Venture Capital Company (SVC) has pledged $30 million to the first fund of UAE-based private equity firm Olive Rock Partners, as... News • 15 March, 2024 SVC Olive Rock Partners
Egypt MNT-Halan acquires Pakistan's Advans Microfinance Bank Egypt-based fintech MNT-Halan has acquired Advans Pakistan Microfinance Bank. The terms of the deal remain undisclosed. Founded in... News • 15 March, 2024 MNT-Halan
Saudi Arabia Classera acquires Expert Solutions to expand educational offerings US-based and Mena-focused edtech Classera has acquired Saudi Arabia-based ERP system “Expert Solutions” for information... News • 14 March, 2024 Classera Expert Solutions
Oman Saudi Arabia’s T2 acquires Omani data analysis startup Promize Saudi Arabia-based business development company T2 has acquired Omani customer data analysis company Promize for an unknown... News • 14 March, 2024 T2 Promize
U.A.E Mitgo Group acquires UAE finance platform Embedded Germany-based marketing technology provider (martech) Mitgo Group has acquired the UAE-based embedded finance platform... News • 13 March, 2024 Mitgo Group Embedded Marketing
Morocco Tookez raises $1.5 million to solidify position in Moroccan market Morocco-based fintech Tookeez has secured $1.5 million in a funding round led by Azur Innovation Fund. Founded in 2020 by Hicham... News • 13 March, 2024 Tookeez Azur Innovation Fund Fintech
Saudi Arabia Zetta Technologies closes $1.5 million pre-Seed Saudi Arabia-based device as a service (DaaS) provider Zetta Technologies has closed a $1.5 million pre-Seed round led by Core... News • 13 March, 2024 Zetta Technologies DaaS Core Vision
Morocco Morocco’s ORA Technologies closes $1.5 million Seed round Morocco-based superapp ORA Technologies secured $1.5 million in seed funding from local entrepreneurs. Founded in 2023 by Omar Alami,... News • 13 March, 2024 Ora Technologies super app
U.A.E Traveltech Seeru closes undisclosed pre-Seed round UAE-based traveltech Seeru has raised a pre-Seed funding round at an undisclosed amount, led by the US-based venture studio Nabtah... News • 13 March, 2024 Seeru traveltech Nabtah Ventures
