U.A.E Getbee raises $1.8 million pre-Series A UAE-based Getbee has raised $1.8 million in a pre-Series A round from Altitude Capital, B & Y Venture Partners, and +VC, as... News • 27 October, 2021 retail tech Getbee b2b
U.A.E Shorooq Partners launches The Nahda Fund 1 to support Mena startups Abu Dhabi-based VC Shorooq Partners has launched The Nahda Fund 1, a venture-debt fund, in partnership with South Korea’s IMM... News • 26 October, 2021 Shorooq Partners IMM Investment Global The Nahda Fund 1
Algeria Algerian Startup Financing Fund raises $7.2 million to support local startups The Algerian Startup Financing Fund has raised DA1 billion ($7.2 million) to fund startups in Algeria. The fund was launched during... News • 26 October, 2021 Algerian Startup Financing Fund Algeria Disrupt 2020
U.A.E Chimera Capital’s closes $50 million second fund Abu Dhabi-based Chimera Capital, a subsidiary of private investment firm Chimera Investment, has announced the close of its second fund... News • 25 October, 2021 uae Chimera venture capital fund
U.A.E Fitness app Fitlov raises $500,000 pre-Series A The UAE-based fitness app Fitlov has raised $500,000 in a pre-Series A fundraise through angel investment. Founded in February 2018 by... News • 20 October, 2021 Fitlov fitness
U.A.E Digital freight platform Palletpal raises $200,000 from Draper Associates UAE-based digital freight platform Palletpal has raised $200,000 in a pre-Seed round from US-based Draper Associate. Founded in 2021... Dunya Hassanein • 20 October, 2021 Palletpal freight transport
Saudi Arabia Saee plans IPO on Nomu Saudi Arabia-based last-mile delivery startup Saee is planning to offer an initial public offering (IPO) next year on Nomu, Saudi... Dunya Hassanein • 20 October, 2021 Saee Last-mile delivery Nmou
U.A.E Fintech Galaxy closes $2 million Seed funding UAE-based Fintech Galaxy has raised $2 million in a Seed funding round, led by Jordan’s Ahli Fintech and joined by Raz Holding... News • 19 October, 2021 Fintech Galaxy Fintech
Regional Azimut, GELLIFY launch joint $50 million VC fund to support B2B Mena startups The Italian management group Azimut (ME) Limited ADGM, in partnership with GELLIFY Middle East is launching a VC fund targeting a fund... News • 19 October, 2021 Azimut GELLIFY VC
U.A.E MBRSC launches Space Ventures to support space-focused startups The Mohammed Bin Rashid Space Centre (MBRSC) has announced the launch of Space Ventures, a launchpad for global and regional startups in... News • 18 October, 2021 Space Venture
Jordan Jordan’s Bloom raises pre-Seed investment Jordan-based e-commerce platform Bloom has raised its first angel investment after two months of graduating from the pre-Seed... News • 18 October, 2021 Bloom e--commerce
Saudi Arabia Express Wash, Dealcom raise funding via Scopeer Saudi Arabia-based on-demand auto wash services provider Express Wash, and B2B procurement-to-pay (P2P) and marketplace Dealcom have raised... Dunya Hassanein • 18 October, 2021 b2b Dealcom Scopeer
Saudi Arabia Glance Care raises seven-figure Seed round Saudi-based Healthtech and digital consultation platform Glance Care has raised an undisclosed seven-figure Seed round led by the... News • 18 October, 2021 Glance Care
Lebanon BY Venture Partners closes $50 million BY Fund II Abu Dhabi and Beirut-based VC BY Venture Partners has closed its second fund, BY Fund II, valued at $50 million to be invested in... News • 18 October, 2021 BY Venture Partners BY Fund II VC
Egypt ILLA raises seven-figure investment to fuel expansion Cairo-based FMCG Logistics company ILLA, has raised a seven-figure investment round, co-led by Watheeq Financial Services and Golden... News • 18 October, 2021 ILLA trucking FMCG
Saudi Arabia Uber, Careem face $100 million tax bill in KSA Uber and its Dubai-based subsidiary Careem are facing a combined tax bill worth $100 million imposed by the Saudi authorities according... News • 17 October, 2021 Uber careem Fetcher
