Wamda

Regional

Anghami wraps up 2024 with additional $55 million investment from OSN

Lebanon-founded music streaming app Anghami Inc. has secured a $55 million funding round from OSN Group, $12 million of which is an...

anghami OSN+

Saudi Arabia

Halo AI launches services in Saudi Arabia

Saudi Arabia-based AI-powered networking platform Halo AI has launched its services. Founded in 2024 by Vito Strokov, Rami Saad, and...

Halo AI

U.A.E

Klickl closes $25 million Series A at $125 million valuation

UAE-based Web3 banking startup Klickl has closed a $25 million Series A funding round at a valuation of $125 million. The round was...

Klickl Web 3.0 Fintech

U.A.E

Astra Tech’s Quantix secures $500 million debt financing from Citi

UAE-based fintech Quantix Technology Projects LLC, a subsidiary of Astra Tech, has secured $500 million in asset-backed securitisation...

Astra tech Quantix Citi

U.A.E

UAE-based biotech BioSapien secures $5.5 million pre-Series A

UAE-based healthtech BioSapien has raised $5.5 million pre-Series A fundraise, led by Global Ventures with participation from Dara...

BioSapien Global Ventures Dara Holdings

Morocco

Z raises $1.5 million Seed to revolutionise Morocco’s FMCG sector

Morocco-based B2B marketplace ZSystems has closed a $1.5 million Seed funding round, led by Morocco-based VCs—MNF Ventures...

ZSystems MNF Ventures WitaMax

U.A.E

YC-backed CozmoX AI launches voice AI employees platform

Press release: CozmoX AI, a Y Combinator graduate, today announced the launch of the first enterprise-ready AI Employee platform in the...

CozmoX AI AI Y Combinator

U.A.E

DeChat raises $1 million from Mindspace Solutions

UAE-based Web 3.0 social network DeChat has raised $1 million in a funding round led by Mindspace Solutions. DeChat develops a...

DeChat Mindspace Solutions Web 3.0

U.A.E

Wellness app “Better” closes $550,000 pre-Seed led by Salica Spring Studios

UAE-based men’s wellness app Better has raised a $550,000 pre-Seed round led by Salica Spring Studios’ fund, backed by...

Better healthtech

Egypt

MNT-Halan debuts in the UAE market

Egypt’s fintech company MNT-Halan has extended its super app services to the UAE market. The UAE has long been a strategic...

MNT-Halan

U.A.E

BuyAnyAutoPart secures $750,000 pre-Seed

UAE-based B2B autotech BuyAnyAutoPart has secured $750,000 in pre-Seed funding from Galadari Brothers, 6G Capital, and other undisclosed...

BuyAnyAutoPart autotech Galadari Brothers

U.A.E

Wamda Capital participates in Wafeq’s $7.5 million Series A round

UAE-based fintech Wafeq has raised $7.5 million in a Series A funding round. The round is led by 9900 Capital, with participation from...

Wafeq Fintech Wamda Capital

U.A.E

Iliad Partners launches $50 million MENA-focused VC Fund

UAE-based venture capital firm Iliad Partners has announced the launch and first close of its $50 million Iliad Partners Tech Ventures...

Iliad Partners Jada Fund of Funds

United States

USA's PLATMA expands to MENA after raising $2.2 million pre-Seed

USA-based AI business automation platform PLATMA is planning to enter the MENA market after securing a $2.2 million pre-Seed funding...

PLATMA AI

Saudi Arabia

Saudi Arabia’s Abikhdmh closes $800,000 Seed round

Saudi Arabia-based services platform “Abikhdmh” has raised $800,000 Seed round, backed by a group of undisclosed...

Abikhdmh

Saudi Arabia

AlGooru lands $4 million in a pre-Series A round

Saudi Arabia-based edtech AlGooru has raised $4 million in a pre-Series A funding round through a combination of debt and equity...

AlGooru Constructor Capital

Qatar

Hudhudshop raises six-figure pre-Seed round

Qatar-based e-commerce platform Hudhudshop has closed a six-figure dollar pre-seed funding round from undisclosed investors. Launched...

Hudhudshop E-commerce

Tunisia

Tunisia’s Konnect secures undisclosed funding from Renew Capital

Tunisia-based fintech Konnect has secured a funding round from Renew Capita for an unknown amount. Founded in 2021 by Amin Ben...

Konnect Fintech Renew Capital

U.A.E

Aliph Capital acquires 25% stake in SANIPEX GROUP

UAE-based private equity manager Aliph Capital has invested in UAE’s lifestyle product supplier, SANIPEX GROUP, for a 25% stake....

Aliph Capital SANIPEX GROUP

Saudi Arabia

Adaverse backs Grintafy to utilise blockchain in football talent discovery

Grintafy, a Saudi Arabia-based sportstech company, has received an undisclosed investment from Adaverse. Grintafy, founded in 2019 by...

Grintafy Adaverse

Saudi Arabia

SVC pledges major investment in Aliph Capital’s first fund

Saudi Venture Capital (SVC) has invested in Aliph Fund I, a GCC-focused growth fund from Aliph Capital. The value remains...

SVC Aliph Capital Aliph Fund I

Saudi Arabia

Rio Ferdinand acquires share in Koora Break

Saudi sports platform Koora Break has raised an investment from the former England and Manchester United footballer Rio Ferdinand. The...

Koora Break Rio Ferdinand

U.A.E

Playgama to step up Web gaming development with $3 million funding

UAE-based gametech startup Playgama has raised $3 million in a funding round led by The Open Platform and s16vc. The round is also...

Playgama The Open Platform

Morocco

Enakl secures $1.4 million pre-seed led by Catalyst Fund

Morocco-based mobility startup Enakl has raised a $1.4 million pre-Seed funding round led by Catalyst Fund along with Renew Capital,...

Enakl Catalyst Fund mobility

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