Wamda

Jordan

Propeller launches new fund to invest in early-stage startups

Jordan-based venture capital (VC) firm Propeller, has announced the first close of its second fund which will focus on pre-Seed and...

Propeller VC fund VC

Saudi Arabia

Wafeer closes pre-Seed funding round led by Nama Ventures

Saudi-Arabia based fintech startup Wafeer, has raised an undisclosed amount in a pre-Seed funding round led by Nama Ventures, with...

Wafeer Fintech pre-Seed

Bahrain

Dtec, OQAL sign MoU to develop startup ecosystem in GCC

Dubai Technology Entrepreneur Campus (Dtec), has entered into a memorandum of understanding (MoU) with Saudi Arabia-based OQAL Angel...

Oqal dtec GCC

Saudi Arabia

Fastcoo and Tracking merge in $720,000 deal

Saudi-Arabia based software company Fastcoo, and Tracking, a GPS tracking system, have merged in a deal valued at SAR 2.7 million...

Fastcoo Saudi Arabia Tracking

U.A.E

Pure Harvest announces sukuk funding, raises $60 million this year

UAE-based, agritech Pure Harvest Smart Farms has raised $50 million in growth funding through a sukuk, an Islamic structured finance...

Pure Harvest Smart Farms agritech

U.A.E

Dubai SME launches Tjaarz Business Incubation Centre

Source: WAM Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, announced the...

Dubai SME ecommerce Tjaarz Business Incubation Centre

Saudi Arabia

Lendo raises $7.2 million in Series A

Saudi Arabia-based Shari’ah compliant fintech startup Lendo, has raised a $7.2 million Series A funding round (SAR 27 million), led...

Lendo Series A SME lending

Egypt

Dayra raises $3 million pre-Seed investment, joins Y Combinator

Egypt-based fintech Dayra, has raised a $3 million pre-Seed debt and equity investment from Tanmiya Capital Ventures, EFG EV Fintech, EFG...

Dayra Tanmiya Capital Ventures EFG Hermes

Saudi Arabia

Postage raises Seed funding from Wa'ed

Saudi Arabia-based last-mile logistics startup Postage, has secured Seed funding from Wa’ed, Saudi Aramco’s Entrepreneurship...

Logistics Last mile

Qatar

Joi Gifts looks to Series A round after raising $750,000 this year

UAE-based e-commerce gifting platform, Joi Gifts has expanded to Qatar, its eighth country after raising $750,000 in a pre-Series A funding...

joi gifts qatar doha

U.A.E

ADQ consolidates venture capital efforts under DisruptAD platform

Abu Dhabi-based investment firm ADQ, has consolidated its venture capital activities under a single global venture capital investment...

ADQ VC activities DisruptAD

Saudi Arabia

Sanar raises Seed funding from Impact46

Saudi Arabia-based healthtech app Sanar, has raised an undisclosed Seed round led by Impact46. Launched in 2019, the online healthcare...

Saudi Arabia app Health

U.A.E

baraka launches trading app after raising $1 million

UAE-based fintech baraka is launching its commission-free mobile trading platform following a $1 million pre-Seed funding round led by...

Fintech pre-Seed

U.A.E

Service My Car raises $10 million Seed round for expansion

UAE-based digital auto service and repair platform Service My Car, has raised $10 million from Oman-based Bahwan. Founded in 2018,...

Service My Car GCC seed round

Egypt

Koinz raises $4.8 million seed funding

Egypt-based food ordering and restaurant aggregator platform Koinz, has raised a $4.8 million seed funding round, led by Tinder founder...

Koinz f&b seed round

U.A.E

Verofax raises $1.2 million seed round

UAE-based automation and traceability company Verofax, has raised a $1.2 million seed funding round from Trove Capital UK, with...

Blockchain automation Seed funding

Global

Anghami goes public on NASDAQ via SPAC

Music streaming platform Anghami is listing on the New York NASDAQ exchange via a merger with special purpose acquisition company...

anghami lebanon SPAC

Morocco

EMPG invests $10 million in Mubawab

Morocco-based real estate portal Mubawab has received a $10 million cash injection from parent company Emerging Markets Property Group...

mubaweb EMPG Real Estate

Saudi Arabia

Alhokair and ACC acquire majority stake in UK's Vogacloset

Saudi Arabia-based retailer Alhokair and mall operator Arabian Centres Company (ACC) have come together to acquire a combined 51 per cent...

E-commerce Vogacloset

Bahrain

Bahrain’s Brinc, Tamkeen, Batelco invest in Turkey-based smart city startup AREYtech

Bahrain-based internet of things (IoT) and hardware accelerator Brinc Mena, Tamkeen Fund and Bahrain Telecommunications Company (Batelco),...

AREYtech Brinc Mena tamkeen

U.A.E

Soul Artists raises $350,000 bridge round

UAE-based talent booking startup Soul Artists, has raised a $350,000 bridge funding round from Falak Investment Hub and Wasel. Launched...

Soul Artists Creative tech

U.A.E

Startupbootcamp Fintech Dubai graduates 11 startups

Startupbootcamp Fintech Dubai has announced the graduation of its third cohort of 11 startups. These startups included: UK-based...

Startupbootcamp Fintech Dubai acceleration Fintech

Global

Alpha Wave co-leads $9 million Series A round in Singapore's Raena

Source: YourStory Raena, a startup that enables micro beauty entrepreneurs, said it will use the funding to grow its team from 15 to 100...

Alpha Wave RAENA Beauty startups

Egypt

RentUp raises six-figure investment for its AI-powered platform

Egypt-based property technology (proptech) company RentUp, has raised a six-figure pre-seed investment from Japanese private equity firm,...

RentUp Real Estate Proptech

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