Egypt Egypt’s Khazna raises $38 million Series A round Egypt-based fintech Khazna, has raised a Series A round of $38 million in equity and debt, with the equity investment led by Quona... News • 31 March, 2022 Khazna Quona Capital Khawarizmi
Egypt Egyptian fintech PayMint raises Seed round Egypt-based fintech PayMint has raised a seven-figure Seed investment from AUR Fintech. Launched in 2019 by Mohamed Yahya and Mohamed... News • 30 March, 2022 PayMint Fintech
Saudi Arabia Saudi foodtech Haseel closes $6.6 million Series A funding Saudi Arabia-based footech Haseel has raised a $6.6 million Series A funding round led by Vision Ventures, with participation from Arzan... News • 30 March, 2022 Saudi Arabia Haseel
Kuwait Kuwaiti edtech Baims raises $2.2 million pre-Series A round Kuwait-based edtech Baims has raised $2.2 million in pre-Series A funding round, led by Rasameel Investment House. Founded in 2017 by... News • 30 March, 2022 Baims EdTech
Egypt Egypt’s ON Market raises $215,000 pre-Seed round Egypt-based e-grocery marketplace ON Market has raised a $215,000 pre-Seed funding round from regional angel investors led by Yasser... News • 30 March, 2022 ON Market e-grocery
Egypt Market research startup Intella raises $1 million Seed round Egypt-based platform as a service (PaaS) startup Intella, has raised a $1 million Seed round, led by Hala Ventures, with participation... News • 30 March, 2022 Intella
Egypt Rabbit to invest $60 million in Saudi Arabia Egypt-based quick commerce (q-commerce) startup Rabbit, has announced it is planning to invest $60 million in Saudi Arabia over the next... News • 30 March, 2022 Rabbit q-commerce
Egypt Egypt launches $109 million Avans Manara fund of funds Egyptian banks and institutions have partnered to launch the “Avans Manara” fund, with total targeted investments amounting... News • 29 March, 2022 Avans Manara smes
Egypt Robo-advisory startup Xpovi raises $300,000 pre-Seed round Egypt-based robo-advisory startup Xpovi, has launched after raising a $300,000 pre-Seed round led by a group of angel... News • 29 March, 2022 Xpovi
Saudi Arabia Saudi Lendo obtains SAMAs's crowdfunding licence Saudi Arabia-based fintech Lendo, has obtained Saudi Central Bank’s (SAMA) licence to operate as a Shari'ah-compliant debt... News • 29 March, 2022 Lendo Crowdfunding
Saudi Arabia DailyMealz raises $5.3 million pre-Series A round Saudi Arabia-based healthy food delivery app DailyMealz, has raised SAR 20 million ($5 million) in a pre-Series A round, with... News • 29 March, 2022 Dailymealz
Egypt Otida raises $340,000 for its diabetes management app Egypt-based healthtech startup Otida, has raised $340,000 in a pre-Seed round led by Lofty Inc, a US-based VC, with participation... News • 28 March, 2022 Otida
Saudi Arabia Saudi proptech Darent raises $1 million pre-Seed round Saudi Arabia-based proptech Darent has raised $1 million in a pre-Seed round led by Watheeq Proptech Venture with the participation of... News • 28 March, 2022 Darent Proptech Watheeq
Saudi Arabia Investment initiatives worth $4.2 billion announced at GEC Riyadh Investment initiatives valued at $4.2 billion were announced at the Global Entrepreneurship Congress (GEC), held in Riyadh under the... News • 28 March, 2022 Saudi Arabia GEC Start-up
Morocco Morocco’s Al Mada launches pan-African $109.5 million VC fund Morocco-based Al Mada Holding Group has launched a $109.5 million pan-African venture capital fund to invest in fast-growing... News • 28 March, 2022 Al Mada africa Venture Capital
Egypt Former CEO of Ebates invests in WaffarX, joins board Former CEO of e-commerce and cashback platform Ebates Kevin Johnson, has invested and joined the board of Egypt-based fintech WaffarX as... News • 28 March, 2022 WaffarX
