U.A.E KLAIM raises $5 million Seed from Knuru Capital with plans to increase round to $30 million UAE-based fintech KLAIM, has raised a $5 million Seed round from Knuru Capital, with plans to increase this to over $30 million by way... News • 17 November, 2022 KLAIM Knuru Capital healthtech
Saudi Arabia DataLexing raises $3 million seed round led by Sadu Capital Saudi Arabia-based productivity platform DataLexing, has raised $3 million in a Seed round led by Sadu Capital, with participation from... News • 17 November, 2022 DataLexing data driven Sadu Capital
U.A.E OurCrowd expands Abu Dhabi investment operations Israel-based VC firm OurCrowd has announced the expansion of its Abu Dhabi operations with a new VC office and AI tech hub enabled by... News • 16 November, 2022 OurCrowd ADIO ADGM
U.A.E UAE's baraka closes $20 million Series A led by Valar Ventures UAE-based fintech baraka, has closed a $20 million Series A round led by Valar Ventures, the VC’s first regional investment.... News • 16 November, 2022 Baraka Fintech Valar Ventures
U.A.E Proptech Silkhaus raises $7.8 million Seed UAE-based proptech Silkhaus, has raised a $7.8 million Seed round from Nuwa Capital, Nordstar, Global Founders Capital, Yuj... News • 15 November, 2022 Silkhaus
Regional IFC launches $225 million platform to strengthen VC ecosystems in Africa, Middle East World Bank-backed International Financial Corporation (IFC) has launched a $225 million platform to strengthen venture capital... News • 15 November, 2022 ifc Venture Capital
Regional Modus launches $75 million Africa-focused fund US-based and Mena-focused VC firm Modus, has launched a $75 million Modus Africa VC fund that will invest in African startups, led by... News • 15 November, 2022 Modus Venture Capital
Tunisia Tunisia’s Beekeeper Tech raises $640,000 Seed round Tunisia-based agritech Beekeeper Tech, has raised $640,000 in Seed round funding, led by 216 Capital Ventures, with participation... News • 15 November, 2022 agritech Beekeeper 216 Capital Ventures
Kuwait Floward acquires perfumery brand Mubkhar Floward, an online flower and gift delivery platform, has acquired perfumery brand Mubkhar. Originally set up in Kuwait in 2015,... News • 14 November, 2022 Floward
Saudi Arabia Order raises $1 million pre-Seed round Saudi Arabia-based SaaS startup Order, has raised $1 million in a pre-Seed funding round, led by several angel investors. Founded in... News • 13 November, 2022 Order SAAS f&b
Egypt Egyptian fintech Blnk raises $32 million in equity, debt funding Egypt-based fintech Blnk, has raised $23.7 million in equity and debt funding, and $8.3 million in securitised bond issuance. The... News • 10 November, 2022 Blnk Fintech Sawari Ventures
U.A.E UAE’s Swftbox closes $2 million Seed round UAE-based same-day delivery platform Swftbox has closed a $2 million Seed round, led by MENA Technology Fund, joined by Polymath... News • 09 November, 2022 Swftbox E-commerce Delivery
Saudi Arabia Okadoc announces initial close of pre-series B led by IGan Partners UAE-based healthtech Okadoc, has finished the first close of its pre-series B funding round at $10 million, led by IGan Partners, new... News • 08 November, 2022 Okadoc healthtech
Morocco WafR raises $120,000 in funding Morocco-based fintech startup WafR, has raised $120,000 from First Circle Capital, bringing the company’s post-funding valuation... News • 08 November, 2022 WafR
Algeria Algeria’s super app Yassir raises $150 million Series B funding Algeria-based super app Yassir, has raised $150 million in Series B funding, led by BOND, with participation from DN... News • 07 November, 2022 Yassir super app BOND
U.A.E Pyypl raises $20 million Series B round UAE-based fintech Pyypl, has raised a $20 million Series B round from a group of international investors and ten of its existing... News • 07 November, 2022 Pyypl Fintech
