Wamda

U.A.E

Fruitful Day raises $817, 000 in funding

UAE-based fresh food delivery company Fruitful Day, has secured Dh3 million ($817,000) via equity crowdfunding platform,...

Fruitful Day Fresh food delivery Crowdfunding

Egypt

Argineering raises $200,000

Source: WAYA Argineering, the award-winning tech company, raised more than $200,000 through their Kickstarter campaign exceeding their...

Argineering Crowdfunding Flat6Labs Cairo

U.A.E

Foodtech challenge awards $1 million grant to four startups

Four startups were selected to share a $1 million grant as part of the Tamkeen Foodtech Challenge. Out of 12 finalists, it was Saudi...

UAE Food Security Office tamkeen Catalyst accelerator

Saudi Arabia

Immensa Technology acquires Saudi-based Shakl3D and LayLabs

UAE-based 3D printing solution provider Immensa Technology Labs, has acquired two Saudi Arabia-based companies: Shakl3D and LayLabs. The...

Immensa Technology 3Dprinting

Regional

Fenix launches in the UAE after $3.8 million seed round

Fenix, the latest UAE-based micro mobility startup has raised $3.8 million in seed funding. Founded by the former Careem executive...

micromobility Fenix e-scooter

Egypt

Wuilt raises $535,000 seed

Egypt-based software as a service (SaaS) startup Wuilt, has raised a $535,000 seed round from UK-based MENA Technology Fund, DAAL VC along...

SAAS Wuilt Flat6Labs Cairo

Tunisia

Onboard raises $175,000

Tunisia-based software as a service (SaaS) startup Onboard has raised $175,000 in funding, from Kepple Africa Ventures and other individual...

SAAS Onbaord seed

U.A.E

App4Legal raises pre-Series A investment

Dubai-based legal-tech company App4Legal, has secured a pre-Series A funding round from Hong Kong-based Betatron Venture Group (Betatron)...

Legaltech Dubai Angel Investors App4Legal

Morocco

Outlierz Ventures invests in three African startups

Source: Ventureburn The three selected tech-enabled startups will utilise the funding received from Outlierz Venture to transform...

healthtech Outlierz Ventures Fintech

Saudi Arabia

Vision Ventures invests in RedBox

Saudi Arabia-based venture capital (VC) firm Vision Ventures has invested in smart locker startup RedBox. The announcement was made earlier...

Vision ventures RedBox smart locker

U.A.E

Sehteq acquires Dawa Express for $3 million

UAE-based health insurance startup Sehteq is set to acquire Dawa Express for $3 million with the transaction to be completed by the first...

healthtech M&A

U.A.E

ADIO allocates AED 152 million to agritech startups

Source: WAM The Abu Dhabi Investment Office, ADIO, announced individual partnerships with Pure Harvest Smart Farms, Pure Harvest,...

agritech Pureharvest ADIO

Pakistan

Mena-based angel investors invest in Pakistan's Conatural

Source: Profit Magazine Pakistan’s natural and organic skin and hair care brand, Conatural, has raised $825,000 in a Pre-Series A...

Beauty startups Angel Investment Conatural

U.A.E

DIFC’s Innovation Hub to support Dubai’s future economic growth

Source: WAM The innovation mandate has expanded for the Dubai International Financial Centre, DIFC, the leading global financial centre...

DIFC Fintech MEASA

Egypt

Ibnsina Pharma acquires 3elagi Tech

Egypt-based pharmaceutical firm Ibnsina Pharma has acquired a 75 per cent stake in its compatriot digital pharmacy marketplace 3elagi...

Ibnsina pharma 3elagi tech healthtech

Global

Mubadala invests in TIER

Source: Reuters SoftBank Group Corp’s Vision Fund 2 has led a $250 million investment in Berlin-based e-scooter company Tier...

TIER micromobility e-scooter

Regional

Distichain and Markit peer-selected for investment

UAE-based e-commerce and e-procurement platform Distichain and Lebanon-based on-demand grocery delivery service Markit are set to receive...

Distichain Markit Finance Forward Mena 2020

U.A.E

Brand Ripplr raises $1 million in Series A

UAE-based influencer and marketing platform Brand Ripplr, has raised $1 million Series A investment from Dubai Angel Investors and other...

Digital Marketing Brand Ripplr Dubai Angel Investors

Global

Library21 MEA acquires UK's Inspirational Development Group

Source: Arab News Library21 MEA Holdings Limited, a UAE-based education technology (edtech) company, has announced the acquisition of...

Library21 MEA Inspirational Development Group EdTech

Bahrain

Bahrain eases access to funding for startups and SMEs

The Bahraini government has approved new amendments to the Bahrain commercial companies (BCC) law to help boost startups access to funding...

Bahrain commercial companies Access to funding Convertiable notes

Global

Mubadala leads $700 million funding for US-based Reef Technology

Source: Zawya AbuDhabi's Mubadala Investment Company has led a $700 million funding round for Reef Technology, a US-based...

Mubadala Investment Company Reef technology mobility and logistics

Egypt

Cairo Angels launches syndicate fund

Egypt-based angel network Cairo Angels, has launched its first $3 million micro-venture syndicate fund, aiming to back up and support the...

cairo angels Early-stage pre-Series A

Saudi Arabia

Jada Fund of Funds company invests in Alpha Capital

Source: Saudi 24 news “Jada” Fund of Funds Company, which is one of the Public Investment Fund companies, has signed a...

Alpha Capital Jada Fund of Funds smes

Egypt

ILLA raises $500,00 seed

Egypt-based delivery and logistics startup ILLA, has raised $500,000 seed investment from Averroes VC, AUC Angels and a consortium of local...

Flat6Labs Cairo ILLA FMCG

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