Egypt Ezdehar invests $10 million in Yodawy Egypt-based investment fund management company Ezdehar has acquired a minority stake in the Egyptian healthtech Yodawy for $10... News • 16 January, 2024 Yodawy Ezdehar healthtech
Egypt Bosta raises new investment from Axian Group Egypt-based logistics startup Bosta has raised investment from Axian Group. The amount raised remains undisclosed. Founded in 2017 by... News • 15 January, 2024 Bosta logistic Axian Group
Egypt Egypt’s FriendyM raises $2 million investment Egypt-based autotech FriendyM, has $2 million investment. Founded in 2016 by Abdelrahman Elgamal, FriendyM offers, through its... News • 10 January, 2024 FriendyM autotech
Saudi Arabia Gaming platform Rize.gg raises $430,000 pre-Seed round Saudi Arabia-based e-gaming startup Rize.gg has raised a $430,000 pre-Seed funding round, led by angel investors. Founded in 2022 by... News • 10 January, 2024 Rize.gg E-gaming
U.A.E Cargoz raises Seed funding to accelerate expansion into Saudi market UAE-based logistics solutions provider Cargoz, has secured Seed funding for an unknown amount, led by Nama Ventures with the... News • 09 January, 2024 Cargoz Nama Ventures Logistics
Iraq E-commerce startup Pure Platform secures operational licence deal in Iraq Pure Platform, a US and Iraq-headquartered e-commerce company, has secured a seven-figure investment deal from the International Smart... News • 08 January, 2024 Pure Platform
Iraq B2B travel content platform Lokalee raises $5.6 million pre-Series A round Dubai-based traveltech startup Lokalee has raised a $5.6 million pre-Series A round led by Crown Private Fund with participation from... News • 08 January, 2024 Lokalee
U.A.E Maalexi raises $3 million in pre-Series A led by Global Ventures UAE-based agriculture-focused fintech Maalexi, has closed $3 million in pre-Series A funding. The round was led by Global Ventures,... News • 08 January, 2024 Maalexi Global Ventures Agriculture
Saudi Arabia Saudi Arabia’s Nawel closes $1 million Seed round Saudi Arabia-based logistics solutions provider Nawel has closed a Seed round of $1 million, led by Nomad Holdings, with participation... News • 08 January, 2024 Nawel Nomad Holdings Logistics
Egypt Kuwaiti edtech Baim acquires Egypt's Orcas Kuwait-based edtech Baims has acquired Egyptian counterpart Orcas. Founded in 2017 by Bader Al-Rasheed and Yousef Alhusaini,... News • 08 January, 2024 Baims Orcas
Saudi Arabia Saudi healthtech startup Clinicy raises Series A round Saudi Arabia-based healthtech startup, Clinicy, has raised a seven-figure Series A round, led by Middle East Venture Partners... News • 08 January, 2024 Clinicy
Saudi Arabia Tameed closes $15 million Series A from Alromaih Investments Saudi Arabia-based fintech Tameed has raised $15 million in a Series A round, led by Alromaih Investments. Founded in 2019 by Mohammed... News • 31 December, 2023 Tameed Fintech
U.A.E Phoenix acquires 25 per cent stake in Lyvely UAE-based cryptocurrency mining and blockchain company Phoenix Group PLC has acquired a 25 per cent stake in the social networking and... News • 28 December, 2023 Phoenix Group Lyvely
Lebanon Jedo acquires Jump-in App to penetrate Saudi market Lebanon-founded and Netherlands-based travel app Jedo has acquired the Saudi app Jump-in for an unknown amount. Founded in 2022 by... News • 28 December, 2023 Jedo Jump-in App Tourism
Global Aramco’s Prosperity7 Ventures leads China’s Cispoly $14 million Series B round Prosperity7 Ventures, a $1 billion growth-stage fund of Saudi energy and petrochemical enterprise Aramco, has led a $14 million series B... News • 28 December, 2023 Aramco
U.A.E Micropolis Robotics to file for IPO, plans a $37 million fundraise Dubai-based robotics manufacturer Micropolis Robotics announced plans to file for an initial public offering on the New York Stock... News • 27 December, 2023 Micropolis Robotics
