Wamda

Regional

FENIX completes $5 million Seed investment

UAE-based micromobility operator FENIX has completed its $5 million Seed round, after securing a $1.2 million second close led by Saudi...

mobility Seed funding Investment

Regional

Oryx Fund launches with first close of its fund to invest in Mena early-stage startups

UK-based international investment firm Hambro Perks has announced the launch and initial close of its Abu Dhabi-based $50 million VC fund,...

Oryx Fund Jada Fund of Funds Riyad TAQNIA Fund

Iraq

Orisdi raises six-figure bridge round

Iraq-based e-commerce platform Orisdi, has raised a six-figure bridge round led by Innovest Middle East VC, with participation from a group...

ecommerce Online shopping in Iraq Angels

Bahrain

Tarabut Gateway raises $13 million

Bahrain-based open banking platform Tarabut Gateway has closed a seed funding round of $13 million, hailed to be the largest fintech seed...

Tarabut Gateway Fintech Seed funding

Global

Kuwait’s UEC leads $4.1 million Series B round in India-based Eupheus

Source: Times of India Eupheus Learning, a Delhi based leading B2B edtech company has raised $4.1 million in Series B funding...

UEC EdTech Eupheus

U.A.E

Sprout raises $200,000 from FA Holding

Source: Zawya UAE start-up Sprout FZCO, a plant-based food business aimed at children, has received $200,000 in funding. The fresh...

Sprout.ae foodtech

Regional

500 Startups and Sanabil Investments launch accelerator

Global venture capital firm 500 Startups has partnered with Saudi Arabia-based Sanabil Investments, a financial investment company focused...

500 startups Sanabil Investments seed startups

Bahrain

Flat6Labs Bahrain distributes $250,000 among cohort winners

Flat6Labs Bahrain announced that eight startups have received $250,000 investment as part of its sixth cycle, which concluded after a...

Flat6Labs Investment accelerator

U.A.E

North Ladder raises $5 million in Series A

UAE-based trading platform for second-hand luxury products and electronics North Ladder, has raised a $5 million Series A funding round led...

BECO Capital North Ladder Series A

Jordan

Engagesoft raises pre-Seed investment

Jordan-based employee engagement and retention SaaS platform Engagesoft, has raised a six-figure pre-Seed round from a group of angel...

Angel Investment Engagesoft

U.A.E

Sheraa launches startup studio S3

Sharjah Entrepreneurship Centre (Sheraa) has launched the Sharjah Startup Studio (S3), the first government-backed startup studio in the...

startups accelerator Sheraa

Saudi Arabia

Hazen.ai secures follow-on funding from Wa’ed

Saudi Arabia-based Hazen.ai, has received a follow-on investment from Wa’ed, the entrepreneurship arm of Aramco. The startup received...

Hazen.ai Traffic system Follow on funding

Global

KAUST invests $3.5 million in Estonia's Natufia Labs

Source: The Spoon Natufia Labs, the Estonia-based automated kitchen garden startup, announced today that it is relocating to Saudi...

KAUST Natufia Labs foodtech

Saudi Arabia

VoM secures $670,000 pre-Seed round

Saudi Arabia-based cloud accounting and e-invoicing platform VoM has closed a pre-Seed investment round of SAR2.5 million ($670,000). The...

Investment VoM Financial management

Egypt

Si-Ware Systems raises $9 million

Source: Zawya Si-Ware Systems, a Cairo-based microelectronics company, has recently closed a funding deal of nearly $9 million, a...

deeptech Sawari Ventures

U.A.E

XPLOR raises $3 million in Seed round

UAE-based construction and real estate startup XPLOR, has raised $3 million in a Seed funding round from Ayana...

Real Estate

Kuwait

Al Rayan Holding Company invests in India's Eupheus Learning

Source: Digital Learning Eupheus Learning, a Delhi-based educational technology start-up, said on Monday that it had raised $ 4.1...

EdTech

Saudi Arabia

Savola Group establishes CVC arm with two investments

Saudi Arabia-based food and retail conglomerate Savola Group has established a corporate venture capital (CVC) arm and has completed two...

foodtech Last mile egrocery

Saudi Arabia

Raqamyah raises $2.3 million investment

Saudi-based fintech peer-to-peer (P2P) lending platform, Raqamyah, has secured a $2.3 million investment round led by Impact46 with...

Fintech Investment Impact46

Regional

BRINC MENA invests in Pakistan's Radical Growth Solutions

BRINC MENA, the food and agritech venture capital and accelerator firm has invested in Pakistan-based smart farming solutions...

agritech Brinc HASSAD

Jordan

Ibda3 startup accelerator selects 8 startups for its programme

Creative tech accelerator IBDA3, has announced its first group of eight Jordanian creative startup companies for its acceleration...

Ibda3 startup accelerator Creative technology

U.A.E

Wamda participates in FlexxPay’s $3 million pre-Series A round

Wamda, the Middle East region's leading startup ecosystem enabler, has invested in Dubai-based Shari’a compliant employee benefit...

FlexxPay Employee benifit programmes HRtech

Saudi Arabia

Averos receives follow-on funding from Wa’ed Ventures

Saudi Arabia-based Averos, has secured a follow-up investment from Wa’ed Ventures, the entrepreneurship arm of oil giant...

Averos Follow on funding Wa'ed

U.A.E

Play:Date raises $100,000

The children-focused social network app Play:Date has secured $100,000 in funding from digital marketing agency, Boopin. Launched in...

Play:Date

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