Saudi Arabia Malaa Technologies raises $1.7 million Seed round Saudi Arabia-based fintech Malaa Technologies, has raised $1.7 million in its Seed round with participation from Impact46, Khawarizmi... News • 16 March, 2022 Malaa Impact46 Khawarizmi
U.A.E QFIL Solutions raises $1 million in pre-Seed investment UAE-based fintech QFIL Solutions has raised $1 million in pre-Seed investment, through an unidentified fintech investment... News • 15 March, 2022 QFIL Fintech
Saudi Arabia Saudi AlGooru acquires edtech ChillLearn Saudi Arabia-based edtech AlGooru has announced the acquisition of Jeddah-based ChillLearn for an unknown amount. Founded in 2019 by... News • 14 March, 2022 AlGooru ChillLearn EdTech
U.A.E The Giving Movement raises $15 million to back expansion The Giving Movement, a UAE-based direct-to-consumer (D2C) sustainable fashion brand, has raised a $15 million Series A round, led by... News • 14 March, 2022 The Giving Movement
Saudi Arabia Saudi C2C marketplace Soum raises $4 million Seed round Saudi Arabia-based re-commence marketplace Soum, has raised $4 million in Seed funding, led by Outliers Venture Capital and Mazen... News • 14 March, 2022 Soum recommence markteplace
U.A.E UAE's Kamel Pay raises $1 million pre-Seed round UAE-based fintech Kamel Pay, has raised $1 million in a pre-Seed round, led by Hussain Al Qemzi, former group CEO of Noor Bank and... News • 14 March, 2022 Kamel Pay
Saudi Arabia Saudi Qawafel raises $3 million Seed round Saudi Arabia-based marketplace Qawafel, has raised a $3 million Seed round, co-led by AlSayed Group and Khwarizmi Ventures, in addition... News • 13 March, 2022 Qawafel AlSayed Group Khwarizmi Ventures
Morocco Morocco’s Guichet.com raises $309,000 Morocco-based digital ticketing platform Guichet.com, has received $309,000 (MAD3 million) equity financing from the 212 Founders... News • 13 March, 2022 Guichet Digital ticketing
Egypt Bosta expands to KSA after raising pre-Series B round Egypt-based e-commerce delivery solutions provider Bosta, has announced its expansion to Saudi Arabia after completing an undisclosed... News • 13 March, 2022 Bosta
U.A.E Dubai issues new law to regulate virtual assets Dubai has adopted a new law to regulate virtual assets, aiming at creating a legal framework to protect investors and provide... News • 10 March, 2022 Dubai virtual assets
Egypt Egypt’s Nexta secures $2.2 million pre-Seed round Egypt-based fintech Nexta has raised a $2.2 million pre-Seed funding round, led by Disruptech with participation from some international... News • 10 March, 2022 Nexta Fintech Disruptech
Global Wamda portfolio Insider achieves unicorn status after $121 million Series D round Turkey-founded and Singapore-based marketing platform Insider, has closed a $121 million Series D led by Qatar Investment Authority,... News • 09 March, 2022 Insider Unicorn
Egypt Shatablee raises $1.2 million for its interior design platform Shatablee, an Egypt-based interior design and home renovation startup, has raised $1.2 million to accelerate its expansion in its home... News • 09 March, 2022 Shatablee
Sudan 249Startups launches Sudan’s first equity fund Rhino Investments Sudan-based innovation hub 249Startups has launched an equity fund “Rhino Investments” to boost the Sudanese entrepreneurial... News • 09 March, 2022 249Startups Rhino Investments acceleration
Tunisia Wattnow raises $1.3 million in pre-Series A round Tunisia-based IoT energy management solution Wattnow, has closed a $1.3 million pre-Series A funding round, led by Katapult Climate and... News • 09 March, 2022 Wattnow energy efficiency
U.A.E Wamda participates in Dukkantek's $5.2 million Seed round UAE-based Dukkantek has raised $5.2 million in a Seed funding round, led by Global Founders Capital, with participation from Colle... News • 08 March, 2022 Dukkantek Store Management
