Wamda

Saudi Arabia

Merak Capital invests $82.8 million in SHIFT to spur its growth

Saudi Arabia-based mobility startups SHIFT has raised $82.8 million in investment from Merak Capital. Founded in 2017 by Khalid...

Shift mobility

Morocco

Kwiks secures $827,000 in funding from Azur Innovation

Morocco-based HRtech Kwiks has raised $827,000 in funding from Azur Innovation Management (AIM). Founded in 2013 by Amine Khayatei...

KWIKS Azur Innovation Fund

Morocco

Morocco’s Userguest closes $2.4 million Seed round

Morocco-based SaaS provider Userguest has closed a $2.4 million Seed round, led by Al Mada Ventures and featuring CDG Invest,...

Userguest SAAS Al Mada Ventures

Egypt

Egypt's Entrepreneur Awards announces winners of 2024 edition

Egypt’s Entrepreneur Awards (EEA) has celebrated the closing of the fourth edition of its annual contest, where 15 Egyptian...

EEA Egypt's Entrepreneur Awards

Jordan

Sira members unlock $3.2 million in value within first two years

Jordan-based membership-based business community Sira has announced achieving $3.2 million in value generated by 90 of its members...

Sira Business Community

Algeria

Algerian edtech LabLabee closes $3.4 million Seed round

Algeria-based edtech LabLabee has raised $3.4 million in a Seed funding round, led by Reach Capital with contributions from Classera and...

LabLabee Reach Capital EdTech

Egypt

Egypt’s SETTLE secures $2 million pre-Seed

Egypt-based fintech SETTLE has raised a $2 million pre-Seed round, led by Shorooq Partners, with support from El Sewedy Capital Holding,...

SETTLE Fintech Shorooq Partners

U.A.E

Plain Tiger raises undisclosed investment from COREangelsMEA

UAE-based B2B marketplace Plain Tiger has raised an investment from COREangelsMEA, a member of COREangels International, for an...

Plain Tiger COREangelsMEA E-commerce

Egypt

Egyptian edtech Farid secures $250,000 pre-Seed

Egypt-based edtech Farid has raised $250,000 in a pre-Seed funding round from Saudi businesswoman Amal bint Abdulaziz...

Farid EdTech

Saudi Arabia

Darent closes a Seed round led by Al Tawuniya Insurance

Saudi Arabia-based proptech Darent has closed an undisclosed Seed funding round, led by Al Tawuniya Insurance, with participation from...

Darent Tawuniya Insurance Proptech

Egypt

Egyptian businessmen launch $42 million NextEra to transform educational landscape

A coalition between EYouth and a list of Egyptian businessmen, including Mohamed Farouk, Ahmed Tarek, Mustafa Abd Ellatif and Mokhtar...

NextEra Education EYouth Education

U.A.E

Seez raises $4.2 million to fast-track US expansion plan

Seez, a UAE-based automotive SaaS startup, has raised $4.2 million from several international investors. Founded in 2015 by Tarek...

Seez SAAS

Egypt

Sultan Ventures acquires Acasia Group to extend foothold in MENA

US-based VC firm Sultan Ventures has acquired the Egyptian angel investment syndicate and incubator, Acasia Group, for an unknown...

Sultan Ventures Acasia Group

Saudi Arabia

UmrahCash secures $500,000 investment from Adaverse

Saudi Arabia-based fintech for Umrah and Hajj UmrahCash has secured a $500,000 investment from Adaverse. Founded in 2024 by...

UmrahCash Adaverse

U.A.E

Hub71 welcomes 21 startups in cohort 15

Hub71, Abu Dhabi's global tech ecosystem, has welcomed 21 startups in Cohort 15, increasing the total number of ventures it supports...

Hub71

Egypt

Paymob secures an extra $22 million for Series B round

Egypt-based fintech Paymob has raised a $22 million Series B extension round, bringing the company’s total Series B funding to $72...

Paymob Fintech EBRD Venture Capital

Egypt

Athar Climate Action Accelerator empowers green entrepreneurs in Upper Egypt

Egypt-based Athar Accelerator has celebrated the graduation of the fifth cohort of its Climate Action Accelerator Programme. The demo...

Athar Climate Action Accelerator DFC Athar Accelerator

Jordan

Flat6Labs celebrates graduation of Amman Seed Programme's sixth cohort

MENA-based VC firm Flat6Labs held a demo day to wrap up the sixth cycle 6 of the Amman Seed Programme. The demo day witnessed...

Flat6Labs Amman Seed Programme

Saudi Arabia

Saudi proptech HissaTech raises $670,000 pre-Seed

Saudi Arabia-based proptech HissaTech has raised $670,000 in a pre-Seed round, led by unnamed angel investors. Founded in 2024 by Ali...

Hissatech Proptech

U.A.E

FlapKap secures $34 million pre-Series A in a mix of debt and equity

UAE-based fintech FlapKap has raised $34 million in a pre-Series A funding round that included both debt and equity financing. The...

FlapKap Fintech BECO Capital

Egypt

Entlaq acquires a stake in Egypt’s Brotinni

Entlaq, an Egypt-based company supporting entrepreneurs, has acquired a stake in the Egyptian foodtech Brotinni for an undisclosed...

Brotinni Entlaq foodtech

Oman

IO Kitchens secures $2.8 million in a Seed round

Oman-based cloud kitchen IO Kitchens has closed a $2.8 million Seed funding round, led by Tanmia Small-Cap Fund and supported by a group...

IO Kitchens foodtech cloud kitchen

Saudi Arabia

Reachware secures $3 million Seed led by Sadu Capital

Saudi Arabia-based SaaS provider Reachware has raised $3 million in Seed funding, led by Sadu Capital, with participation from 500...

Reachware Sadu Capital SAAS

Tunisia

Tunisia’s Wattnow closes multi-million dollar funding round

Tunisia-based cleantech Wattnow has closed a multi-million dollar funding round, led by Lateral Frontiers and 216 Capital. The round...

Wattnow Lateral Frontiers 216 Capital

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you