Wamda

U.A.E

ADIO invests in three tech startups as part of its $545 million Innovation Programme

Abu Dhabi Investment Office (ADIO) announced today that it has invested in three tech companies as part of its Dh2 billion ($545...

ADIO Lyve Rizek

U.A.E

Huda Beauty Angels invests in female wellness startup Ketish

Dubai-based Huda Beauty Investment (HBI)-backed Huda Beauty Angels has invested in female wellness startup Ketish, Huda Kattan, CEO of...

HB investments female wellness femtech

U.A.E

Workfam receives co-investment from GELLIFY, Azimut

UAE-based employee SaaS platform Workfam has received an undisclosed investment from GELLIFY with participation from Azimut through the...

Workfam GELLIFY Azimut

Saudi Arabia

WeDeliver raises $2.4 million pre-Seed round

Saudi Arabia-based B2B logistics and last-mile delivery services provider WeDeliver has raised a $2.4 million pre-Seed round from Saudi...

b2b Logistics WeDeliver

U.A.E

Udrive raises $5 million

Dubai-based pay-per-minute car rental app Udrive has raised a $5 million funding round from a group of undisclosed investors. Over the...

udrive car rental

Egypt

GoodsMart raises $3.6 million from Sawari Ventures

Cairo-based grocery shopping app GoodsMart has raised a $3.6 million funding round, led by Sawari Ventures. GoodsMart will be using...

goodsmart Grocery App Sawari Ventures

Pakistan

Zayani VC, Tricap invest in Pakistan-based Dastgyr’s $3.5 million Seed round

Bahrain-based Zayani Venture Capital and Dubai’s Tricap investments have participated in Pakistan-based B2B e-commerce startup...

Zayani VC Tricap b2b

Egypt

Egypt’s Taager closes $6.4 million Seed round

Egypt-based social e-commerce platform Taager has raised $6.4 million in a Seed round led by 4DX Ventures, with participation from Raed...

Taager E-commerce

Qatar

Spendwisor raises $1 million and secures $50 million capital commitment from Global Emerging Markets

Qatar-based fintech startup Spendwisor has raised $1 million in a pre-Seed round led by Erhama Nasser Al-Kaabi and...

Spendwisor Fintech

Morocco

Morocco's LNKO secures $335,000 investment

Morocco-based e-commerce startup LNKO has raised a $335,000 investment from CDG Invest. Founded in 2020 by Maha Bennani, LNKO provides...

LNKO Eyewear E-commerce

U.A.E

Abu Dhabi reduces company setup fees by 90 per cent

Abu Dhabi is slashing business setup and licence renewal fees for the private sector by almost 90 per cent. The reduced fees will...

abu dhabi ADDED

U.A.E

Clara raises investment from DIFC, opens office in Dubai

UK-based legaltech startup Clara will open an office in Dubai after raising investment from the DIFC’s Fintech Fund. The...

Clara Legaltech

U.A.E

Liquidity Capital, Yas Investment launch $100 million venture debt fund in UAE

US-based Liquidity Capital has partnered with Dubai-based Yas Investments to launch a $100 million venture debt fund in Abu Dhabi...

Liquidity Capital Yas Investment venture debt fund

Egypt

Nawy raises Seed round from Sawiris Family Office

Cairo-based proptech startup Nawy has raised a seven-figure Seed round led by the Sawiris family office, with participation from Hatem...

Proptech Nawy

Global

Saudi's PIF participates in India-based Healthifyme's $75 million Series C round

Saudi Arabia's Public Investment Fund has invested in India-based healthtech Healthifyme's $75 million Series C funding round,...

Healthifyme Public Investment Fund healthtech

Egypt

Nawah Scientific expands to Jordan, prepares for Series A

Egypt-based life science venture Nawah Scientific has expanded to Jordan as it prepares for its Series A round. In January,...

Nawah Scientific Life science startups Series A

Global

Majarra raises funding from US-based North Base Media

UAE-based Arabic content platform Majarra has raised an undisclosed investment from US-based VC fund North Base Media. The funding round...

Majarra Content Portals

Egypt

Egypt’s healthtech Estshara raises $500,000 in Seed round

Cairo-based healthtech platform Estshara has raised $500,000 in a Seed funding round led by Egypt Ventures. Founded in 2018 by Amin...

healthtech

U.A.E

Arrow Labs raises $5 million in Series A

Arrow Labs, a UAE-based technology company uniting deskless and frontline workers, has raised a $5 million Series A round, led by...

Arrow Labs Series A

U.A.E

Healthtech platform selfologi raises $17.5 million

Dubai-based healthtech selfologi has raised $17.5 million in a round led by angel investor Tamer A Wali in participation with Xenel...

healthtech selfologi

Egypt

US-based Bevy acquires Egypt’s Eventtus

US-based events company Bevy has acquired the Egyptian event management software company Eventtus for an undisclosed...

Bevy eventtus acquisition

Egypt

Aleph acquires 86 per cent of Connect Ads

Global digital services provider Aleph Holding has acquired 86 per cent of Egypt-based digital adverting solutions provider Connect Ads,...

connect ads Aleph

Saudi Arabia

SRMG acquires 51 per cent of Saudi podcast platform Thmanyah

Saudi Research & Media Group (SRMG) has acquired a controlling stake (51 per cent) in Arabic podcast platform Thmanyah. Founded...

Thmanyah SRMG

Egypt

UofCanada, DMZ team up to launch incubator in Cairo

Universities of Canada in Egypt (UofCanada) and Ryerson University’s business incubator DMZ, have partnered up to launch...

Ryerson DMZ

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