Wamda

U.A.E

Hub71 raises more than $50m for startups in two years

Abu Dhabi’s global tech ecosystem, Hub71, raised Dh185 million ($50.4m) in capital for its community of startups since its launch in...

entrepreneurship tech hub Hub71

Egypt

MAIN, GIZ launch set of free-standard legal documents for investors and early-stage founders

In partnership with the German Development Cooperation implemented by GIZ Egypt (GIZ), The Middle East Angel Investment Network (MAIN), led...

CairoAngles MAIN GIZ

U.A.E

UAE-based angel investors invest in India-based Siply's $1 million seed round

Source: YourStory Bengaluru-based micro-savings fintech platform, Siply, on Monday announced that it has raised $1 million in a...

Siply UAE angel investors

U.A.E

Creative Zone acquires stake in MySyara

Dubai-based business setup advisory firm Creative Zone, has revealed that it was one of the investors in MySyara's $650,000 investment...

MySyara automotive Creative Zone

Global

QIA invests $100 million in India-based VerSe Innovation

Source: YourStory Local language tech platform VerSe Innovation, which is the parent company of news aggregator Dailyhunt and...

VerSe innovation Video On Demand Qatar Investment Authority

Egypt

Sakneen raises $1.1 million seed round

Egypt-based property technology (proptech) platform Sakneen, has raised a $1.1 million seed funding round led by Algebra Ventures with...

Sakneen seed round Proptech

U.A.E

ONE MOTO secures seven-figure investment

Electric motorcycle and e-bike startup ONE MOTO, has raised a bridge round, via crowdfunding platform Eureeca. The investment was led by...

mobility Electric vehicles One Moto

Saudi Arabia

Azom raises $9.5 million Series A

Saudi Arabia-based B2B electronics marketplace Azom, has raised a $9.5 million (SAR 36 million) Series A funding round from Assr...

Assraljawal Azom Electronics marketplaces

Bahrain

Al Zayani Investments Group launches a venture capital fund

Bahrain-based Al Zayani Investments Group has launched the Al Zayani venture capital (VC) fund, targeting local and regional...

Al Zayani Investments Group Bahraini ecosystem

Jordan

Jordan Tourism Board, Venture X launch tourism startup accelerator

Source: Trade Arabia The Jordan Tourism Board (JTB) has signed a memorandum of understanding (MoU) with Venture X to create a strategic...

Tourism Covid19 amman

Bahrain

Unipal raises six-figure seed round

Bahrain-based Unipal, has raised a six-figure seed round, led by Oqal with participation from other angel investors. The startup secured...

Unipal Tenmou Oqal

U.A.E

MySyara secures $650,000 in pre-Series A round

Dubai-based online automotive platform, MySyara, has secured a $650,000 pre-series A funding round. The investment was facilitated by JRC...

MySyara automotive Investment

Egypt

DilenyTech raises $160,000

Source: WAYA Egypt-based healthtech startup Dileny Technologies (DilenyTech) LLC secured a $160,00 non-equity grant. The fund will be...

Dilney tech healthtech Breast cancer

U.A.E

STARZPLAY raises $25 million in debt financing

UAE-based subscription and on-demand video service (SVOD) STARZPLAY, has secured a $25 million debt financing round from Abu Dhabi-based...

STARZPLAY on-demand video service Ruya Partners

U.A.E

Dubai launches digital platform to simplify startup process

Source: Gulf News On Tuesday, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Prime Minister and Vice President of the UAE and Ruler...

Dubai

U.A.E

Careem introduces commission-free model for UAE restaurants

UAE-based super app Careem, has introduced a commission-free model for its restaurant partners in a step to relieve the economic impact of...

careem Food delivery commission-free model

U.A.E

Aldar Properties launches accelerator programme for global proptechs

Aldar Properties (‘Aldar’), has launched its corporate innovation programme, Aldar Scale Up, in partnership with Abu...

Aldar Properties startAD Proptech

Egypt

Zyda expands its e-commerce platform in Egypt

E-commerce platform provider Zyda, has expanded into the Egyptian market, with investments of over $2 million (EGP 30 million). Launched...

foodtech Zyda third party delivery

U.A.E

Hotdesk secures seed funding from ZVC

Dubai-based workspace platform Hotdesk, has secured seed funding from Zayani Venture Capital (ZVC) - the tech and venture capital arm of...

workspace Investment seed fund

Regional

Kitch launches in Saudi Arabia and the UAE

Cloud kitchen and store-front operator, Kitch, has officially launched in Saudi Arabia and the UAE, after privately raising $15...

Cloud kitchens Food & Beverage Investment

Egypt

elmenus secures investment from former Just Eat CEO

Former Just Eat CEO, David Buttress, has invested in Egypt-based food technology (foodtech) and digital ordering platform elmenus, and...

JustEat elmenues David Buttress

Egypt

FOODICS raises $20 million in Series B

Saudi Arabia-based food and beverage (F&B) retail and restaurant management platform FOODICS, has raised $20 million in a Series B...

Foodics Sanabil Investments STV

Egypt

DFin Holding launches fintech-focused platform and venture debt fund

Egypt-based Digital Finance Holding (DFin Holding) has launched its fintech-focused platform aiming to build and finance the emerging...

DFin Holding Fintech venture debt fund

U.A.E

NymCard raises $7.6 million in Series A

Abu Dhabi-based Banking-as-a-Service (BaaS) provider NymCard, has raised a $7.6 million Series A funding round, led by Shorooq Partners,...

NymCard bank as a service Fintech

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