Egypt Natrify raises pre-Seed round to develop biodegradable plastics Egypt-based biotechnology startup Natrify, has raised a six-figure pre-Seed round from Ambo ventures, a recently launched,... News • 26 May, 2022 Natrify
Egypt Dstny acquires Egypt-founded Tactful AI Belgium-based business communications provider Dstny, has acquired Egypt and UK-based Tactful AI for an undisclosed sum. Founded in... News • 26 May, 2022 Tactful AI
Egypt Egypt’s Esaal raises $1.7 million Seed Egypt-based healthtech startup Esaal, has raised a $1.7 million Seed round from A15 to scale its operations across its home market as... News • 25 May, 2022 Esaal
U.A.E Crypto edtech Coinmarketpedia raises $2 million pre-Seed round UAE-based decentralised crypto and blockchain educational platform Coinmarketpedia, has raised $2 million in a pre-Seed round. The... News • 25 May, 2022 Coinmarketpedia Cryptocurrencies Blockchain
Saudi Arabia RedBox closes $5 million pre-Series A round Saudi Arabia-based logistics startup RedBox has raised $5 million in a pre-Series A investment round, led by RAAF Holding Company and... News • 25 May, 2022 Red Box Last mile smart locker
Kuwait Kuwait’s Enabill raises $1.2 million Seed round Kuwait-based fintech Enabill, has raised $1.2 million in a Seed funding round with participation from The Taken Seat venture builder and... News • 24 May, 2022 Enabill The Taken Seat
U.A.E Cypher Capital invests $5 million in Ocean Protocol UAE-based VC Cypher Capital, has set up an ecosystem fund together with Ocean Protocol to which it will be allocating $5 million to... News • 24 May, 2022 Cypher Capital
U.A.E Ogram raises $3 million Series A round UAE-based recruiting platform Ogram has announced a $3 million Series A funding round, led by Modus Capital and Aditum Investment... News • 23 May, 2022 Ogram Modus Capital recruitement
Bahrain Bahrain's Tenmou invests in Unipal Bahrain angel investor network Tenmou, has upped its investment in edtech UNIPAL with an undisclosed amount. Founded in 2020 by Ali... News • 23 May, 2022 Tenmou Unipal
Saudi Arabia 8020 Capital launches $10 million accelerator fund Saudi Arabia-based VC “8020 Capital” has launched a $10 million accelerator and startup studio fund to invest in and develop... News • 23 May, 2022 8020 Capital Accelerator and Startup Studio
U.A.E KRUSH Brands raises $4.5 million for its virtual restaurant marketplace Locale Locale, the UAE-based online marketplace for virtual restaurants built by cloud kitchen platform KRUSH Brands has raised $4.5 million... News • 23 May, 2022 foodtech cloud kitchen KRUSH Brands
Egypt Sylndr raises $12.6 million pre-Seed round to scale its marketplace for used cars Sylndr, an Egypt-based online marketplace for used cars, has raised a $12.6 million pre-Seed round, led by RAED Ventures, with... News • 23 May, 2022 Sylndr
Morocco Moroccan healthtech Blink Pharma raises first funding round Morocco-based healthtech Blink Pharma has raised investment from Azur Innovation Fund for an undisclosed amount. Launched in 2020 by... News • 23 May, 2022 Blink Pharma Azur Innovation Fund
Jordan Jordan’s Kitchefy raises $350,000 pre-Seed round Jordan-based cloud kitchen Kitchefy, has raised a $350,000 pre-Seed round, led by the Oasis 500 fund, the Beyond Capital Fund, MyStartUp... News • 19 May, 2022 Kitchefy cloud kitchen Oasis 500
U.A.E Alpha Dhabi to invest $2.5 billion in Alpha Wave Ventures II fund UAE-based investment company Alpha Dhabi Holding PJSC has made a Dh9.2 billion ($2.5 billion) commitment to invest in Chimera Capital... Nesma Abdel Azim • 19 May, 2022 Alpha Dhabi Chimera Capital Alpha Wave Ventures II
Morocco AutoCheck acquires Morocco-based KIFAL Auto Nigeria-based automotive technology startup AutoCheck, has acquired Morocco-based KIFAL auto, as it aims to ramp up expansion into... News • 18 May, 2022 AutoCheck
