Saudi Arabia Sary raises $75 million Series C round Saudi Arabia B2B e-commerce marketplace Sary has raised SR281 million ($75 million) in a Series C round led by Sanabil... News • 19 December, 2021 SARY B2B e-commerce
U.A.E Wamda participates in Englease's $3.4 million Seed round Wamda has participated in UAE-based online English teaching platform Englease.com's $3.4 million Seed round, co-led by US-based... News • 19 December, 2021 EdTech Englease
Egypt SweepSouth fully acquires Filkhedma South African startup SweepSouth, has acquired 100 per cent of Egypt-based marketplace for home services Filkhedma for an undisclosed... News • 19 December, 2021 Felkhedma home services marketplaces
Egypt Flat6Labs partners with ESLSCA for student incubation programme Flat6Labs has launched an innovation and entrepreneurship incubation programme, in partnership with ESLSCA University. The programme... News • 19 December, 2021 Flat6Labs ESLSCA
U.A.E Mindshift Capital doubles fund size UAE and US-based venture capital firm Mindshift Capital has doubled its fund size attracting new US and Middle East investors to its... Nesma Abdel Azim • 16 December, 2021 Mindshift Capital
Egypt UAE’s ADQ to invest in Egypt as part of TSFE deal Abu Dhabi’s state-owned holding firm ADQ has expanded its services into Egypt, by opening its Cairo office. The opening of... News • 15 December, 2021 ADQ Sovereign Fund of Egypt TSFE
Saudi Arabia Rodha app raises $400,000 Saudi Arabia-based foodtech startup Rodha, has raised SAR 1.5 million ($400,000) via crowdfunding platform Scopeer. Founded by... Dunya Hassanein • 15 December, 2021 Rodha app Scopeer
U.A.E MEVP makes partial exit from UK’s Fresha UAE-based VC MEVP has made a partial exit from its investment in the UK-headquartered beauty app Fresha, with a secondary sale in the... News • 14 December, 2021 MEVP Fresha
U.A.E Chimera Capital closes first VC fund at $75 million UAE-based Chimera Capital Ltd has closed its first venture capital fund at $75 million, backed by Mubadala Investment Company alongside... News • 13 December, 2021 Chimera Capital fund
U.A.E Careem enters quick-commerce space with launch of dark store grocery network Careem is expanding its groceries offering by launching Careem Quik in the UAE, a quick-commerce e-grocery service enabled by a... News • 12 December, 2021 Careeem quick commerce e-grocery
Egypt Egypt’s Sympl raises $6 million Seed round Cairo-based fintech Sympl, has raised a $6 million Seed round. The fundraising was led by Beco Capital, along with A15... News • 09 December, 2021 Sympl Fintech
Global Telfaz11 acquires indie film company Last Scene Films Saudi entertainment group Telfaz11 has acquired Riyadh-based independent production house Last Scene Films. Founded by Mohammed... News • 08 December, 2021 Entertainment tech Telfaz11
Egypt Minly acquires UAE’s shoutout platform Oulo Egypt-based celebrity shoutout platform Minly has acquired its UAE rival Oulo for an undisclosed amount. Minly’s decision to... News • 08 December, 2021 Minly oulo
Egypt Cairo Angels Syndicate Fund announces first close Egypt-based angel network Cairo Angels has announced the first close of its micro-venture syndicate fund. The Cairo Angel Syndicate... News • 08 December, 2021 Cairo Angles
U.A.E Childcare marketplace PureBorn raises $2 million Seed round Dubai-based childcare marketplace PureBorn has raised a $2 million Seed funding round. Launched in 2017 by Hannah Curran, PureBorn... News • 08 December, 2021 PureBorn E-commerce
Bahrain Calo raises $13.5 million Seed round Bahrain-based foodtech Calo has raised $13.5 million in its Seed funding round, co-led by Khwarizmi Ventures, Nuwa Capital, and... News • 08 December, 2021 Calo healthy food
