Saudi Arabia Saudi Arabia telehealth Cura closes $4 million Series A Saudi Arabia-based telehealth startup Cura has closed SAR15 million ($4 million) Series A investment from ELM and Wa'ed (the... News • 17 October, 2021 Cura Wa'ed ELM
Egypt Contech startup Elmawkaa raises six-figure Seed round Cairo-based construction technology (contech) startup Elmawkaa has raised a six-figure Seed round, led by Flat6labs and joined by a... News • 17 October, 2021 Elmawkaa Construction
Regional Four Mena startups receive Village Capital’s Sustainability Mena 2021 investment Four startups have won $20,000 each as part of Sustainability Mena 2021, a three-month investment readiness programme run by Village... News • 14 October, 2021 Village Capital Sustainability Mena 2021
Saudi Arabia Khwarizmi Ventures announces first close of sector-agnostic fund Saudi Arabia-based venture capital fund, Khwarizmi Ventures, has announced the first closing of its fund at $63 million. The VC,... News • 14 October, 2021 Khwarizmi Ventures
Egypt Egypt’s Efreshli raises $550,000 Seed round Cairo-based online interior design platform Efreshli has raised a $550,000 Seed round, led by angel investor Tarek Sakr and property... News • 14 October, 2021 Efreshli interior design
Egypt Fintech Galaxy, GIZ launch accelerator programme for startups in Egypt, Jordan UAE-based Fintech Galaxy has partnered with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to launch a new... News • 14 October, 2021 GIZ Fintech Galaxy
Egypt B2B marketplace Talabeyah raises seven-figure pre-Seed Cairo-based B2B F&B platform Talabeyah has raised a seven-figure pre-Seed round from strategic angel investors. Founded in July... News • 14 October, 2021 Talabeyah b2b
U.A.E Morningstar Ventures invests $15 million in blockchain technology in Dubai UAE-based accelerator Morningstar Ventures has announced a $15 million investment into Elrond related initiatives to provide strategic... News • 13 October, 2021 Morningstar Ventures Elrond cryptocurrency
Saudi Arabia UAE-based cloud kitchen kaykroo expands operations into Saudi Arabia UAE-based cloud kitchen kaykroo has expanded its services to Riyadh in Saudi Arabia. Launched in September 2020 by Jihad El-Eit and... News • 12 October, 2021 kaykroo foodtech cloud kitchen
U.A.E STEPPI raises $1.8 million, partners with Embody Fitness UAE-based health and corporate wellness platform STEPPI has raised $1.8 million in its latest funding round, led... News • 12 October, 2021 Steppi fitness and wellness
Iraq Iraqi e-commerce platform Orisdi signs six-figure deal with Al Sharqiya TV Iraq-based e-commerce site has signed a six-figure deal with Al Sharqiya TV Group, facilitated through the Iraqi Angel Investors Network... News • 12 October, 2021 Orisdi E-commerce
Egypt Fawry invests in Sudan-based classifieds marketplace alsoug.com Fawry, Egypt’s leading provider of e-payments solutions and digital banking services, has acquired a minority stake in Sudan-based... News • 12 October, 2021 fawry Alsoug
Egypt GBarena raises six-figure pre-Series A funding Cairo-based esports and tournaments platform GBarena has raised a six-figure pre-Series A funding round, led by angel investors Ahmed... News • 12 October, 2021 Gbarena Gaming
Saudi Arabia Saudi Arabia’s OTO raises $3 million Seed funding Saudi Arabia-based SaaS startup OTO has raised a $3 million Seed round from MEVP & Derayah Capital. Founded in 2019 by... News • 11 October, 2021 OTO SAAS Shipping
Tunisia Q-commerce app Lamma raises funding from Orange Ventures Tunisia-based last-mile delivery Lamma has raised fresh investment from Orange Ventures. The amount raised is undisclosed. Founded by... News • 10 October, 2021 Lamma Orange Digital Ventures
Egypt Former Abbott VP Essam Abdelhady acquires stake in Nawah Scientific Former Vice President Middle East, Turkey, Africa and Pakistan (METAP) of Abbott Essam Abdelhadi has acquired a stake in Egypt-based... News • 10 October, 2021 Nawah Scientific Series A
