Global Hub71, Bpifrance set to unlock funding opportunities for startups Source: WAM Hub71, Abu Dhabi’s global tech ecosystem powered by Mubadala Investment Company, has forged a strategic partnership... News • 12 October, 2020 Hub71 Bpifrance Funding
Pakistan Retailo raises $2.3 million pre-seed Saudi Arabia-based e-commerce platform Retailo, has raised $2.3 million in a pre-seed round, led by Shorooq Partners, with participation... Wamda • 12 October, 2020 Retailo Shorooq Partners B2B marketplace
Regional New VC fund to invest $60 million in 120 Mena startups The former managing partners of 500 Startups Mena (500 Falcons) Sharif El-Badawi and Hasan Haider have launched a new venture capital... News • 12 October, 2020 Venture Capital Plus Venture Capital
U.A.E Sweetheart Kitchen CEO leads its €15 million Series C round Dubai-based cloud kitchen operator Sweetheart Kitchen, today announced the raise of €15 million ($17.7 million) in Series C funding, a... News • 11 October, 2020 cloud kitchen Series C
Egypt NowPay raises $2.1 million seed Cairo-based financial technology (fintech) startup NowPay, has raised $2.1 million in a seed investment round led by Foundation Ventures... Wamda • 11 October, 2020 NowPay Fintech Emerging Markets
Egypt dreevo launches in Egypt after raising pre-seed investment Egypt-based last mile delivery startup dreevo has launched its operations after raising a six-digit pre-seed investment from EF Logistics,... News • 08 October, 2020 Last mile
Jordan IQRA’A raises pre-seed investment Amman-based educational technology (edtech) startup IQRA’A Audiobooks, has raised $150,000 in a pre-seed funding round. Founded in... Dunya Hassanein • 07 October, 2020 IQRA'A audiobooks EdTech online learning
Kuwait Floward raises $2.75 million Kuwait-based flower and gift delivery service Floward has raised a $2.75 million investment round led by Saudi Arabia’s Impact46 with... News • 07 October, 2020 Floward abdulaziz alloughani Impact46
Egypt Milango raises seed investment Egypt-based community management solution provider Milango, has raised an undisclosed six-figure seed funding in a round led by A15 and... Wamda • 06 October, 2020 Milango A15 Real Estate
Regional Forty per cent of Arab youth plan to start own business Frustration with struggling economies, government corruption and lack of job opportunities is pushing young Arabs towards entrepreneurship... Wamda • 06 October, 2020 Arab youth entrepreneurship E-commerce
Tunisia GOMYCODE raises $850,00 pre-Series A round with participation from Wamda Wamda has participated in Tunisia-based edtech startup GoMyCode’s $850,000 in a pre-Series A investment round. The investment... Wamda • 06 October, 2020 GoMyCode Tunis EdTech
Egypt Flick raises $1 million pre-seed investment Egypt-based peer-to-peer (P2P) financial technology (fintech) startup Flick, has raised a $1 million a pre-seed funding round from an angel... Wamda • 04 October, 2020 Flick money transfer Fintech
Algeria temtem launches its super app Algeria-based mobility startup temtem has launched its super app, temtem one. Founded in 2017 by Kamel Haddar, the app first started off... Wamda • 04 October, 2020 Superapp temtem Halan
Global Emirex Exchange raises investment from Alpha Sigma UAE-based Emirex Exchange has raised an undisclosed amount from US-based blockchain and crypto fund Alpha Sigma Capital (ASC). Founded... Wamda • 04 October, 2020 cryptocurrency Blockchain Alpha Sigma
Egypt Falak Startups launches first startups virtual stage Egypt-based startup accelerator Falak Startups has unveiled its launched a virtual platform to connect startups and investors. The... Wamda • 04 October, 2020 Falak Startups Covid19 Seed funding
Saudi Arabia Fintech Saudi, Flat6Labs launch fintech accelerator programme Source: Fintech News Middle East Powered by startup accelerator Flat6Labs, Fintech Saudi is launching its Fintech Accelerator, an... News • 01 October, 2020 Flat6Labs Jeddah SAMA Fintech
Pakistan MEVP invests in Pakistan-based Bykea Dubai-based Middle East Venture Partners (MEVP) has participated in Pakistan-based on-demand logistics and transport startup Bykea’s... News • 01 October, 2020 Bykea series B MEVP
U.A.E Mango Sciences secures investment from Spartech Ventures UAE-based Mango Sciences, a data science company focused on emerging markets, has secured investment from Spartech Ventures, a Dubai-based... Wamda • 30 September, 2020
U.A.E meekd.com raises seed investment Source: Entrepreneur Dubai-based global online search company meekd.com has raised its first round of seed funding for an... News • 30 September, 2020 meekd Google Online search engines
Bahrain Bahrain issues blockchain permit to UK’s Fasset The Central Bank of Bahrain (CBB) has given UK blockchain startup Fasset, a first-of-its-kind authorisation to test its digital solutions... News • 29 September, 2020 Fasset Fintech Blockchain
Iraq Miswag closes second seed round Iraq-based e-commerce platform Miswag has closed its second round of seed funding. The round was led by Euphrates Iraq Fund and Shwan... News • 29 September, 2020 Miswag ecommerce Iraqi ecosystem
Global UAE's Danube invests in India-based Financepeer Source: Your Story Google-incubated education fintech startup Financepeer announced the closure of a fresh funding round of $3 million,... News • 29 September, 2020 Danube Group Education fintech startups
U.A.E Ma’an launches its first digital funding platform Ma’an, a Ghadan21 accelerator programme initiative, has launched its first digital funding platform, Ma’an Contribution... Wamda • 29 September, 2020 social enterprise Community
Egypt La Reina raises seed funding Cairo-based online fashion rental platform La Reina, has raised an undisclosed six-figure seed round from 500 Startups, Algebra Ventures... News • 28 September, 2020 La Reina Online shopping ecommerce