Wamda

Kuwait

Kuwait-based Faith Capital announces $8 million investment in JustClean

Source: Menabytes Kuwait-based Faith Capital has announced an investment of $8 million in JustClean, a Kuwaiti laundry startup it had...

on-demand laundry Investment

Saudi Arabia

Mad'a invests in Family Souk Ventures

Source: Saudi Gazette Mad’a Investment Company, a private equity & venture capital firm headquartered in Riyadh, Saudi Arabia,...

Investment E-commerce

Kuwait

Kuwait-based online coffee marketplace Cofe raises $3.2m Pre-Series A

Source: Menabytes Kuwait-based Cofe has raised $3.2 million in Pre-Series A funding for its coffee-centric marketplace app, the...

Investment Coffee marketplace

Saudi Arabia

Saudi startup GetMuv raises $1.5 m to connect users with gyms and sports clubs

Source: Menabytes Jeddah-based fitness startup GetMuv has raised $1.5 million investment from Saudi Aramco’s venture capital arm,...

Investment fitness Sports

Tunisia

Tunisian doctor booking platform Med.Tn raises over $650,000

Source: Menabytes Tunisian doctor booking platform Med.Tn has raised little over $650,000 (2 million Tunisian Dinars to be precise) in...

Investment Doctor online

U.A.E

Dubai-based MEVP closes additional $65m in commitments

Source: Menabytes Dubai-based Middle East Venture Partners has closed additional $65 million in commitments for its latest...

news Investment funds

Bahrain

The expert’s view: How to attract seed funding in Bahrain

Areije Al Shakar, senior vice president and head of development services division at Bahrain Development Bank, reveals what Venture Capital...

Investment Venture Capital VC funding

U.A.E

Bayut.com’s parent company raises $100 million Series D

Source: MenaBytes Dubai-based property website Bayut.com’s parent company Emerging Markets Property Group (EMPG), also...

investment round Investment property

U.A.E

Yellow Door Energy raises $65m from global investors

Sorce: Zawya Dubai-based Yellow Door Energy (YDE), a provider of solar energy solutions in the Middle East and Africa, has...

solar energy Investment

Saudi Arabia

Al Tayyar acquires rest of 40 per cent stake in Almosafer

Source: Menabytes Al Tayyar Group, one of the largest travel and tourism companies in Saudi Arabia with presence almost all over the...

news Investment Travel

Bahrain

Bahrain first Business Angels company announces its partial exit from EatApp

Source: Startup MGZN Tenmou, Bahrain’s first ‘Business Angels company’ recently announced its partial exit from...

Bahrain news Investment

Kuwait

Kuwait announces $200m tech fund

Source: Arab Times Kuwait has launched an initiative to form a $200 million fund for investments in technology, Kuwaiti Deputy Prime...

news Investment Technology

Regional

Startups raise $893 million in 2018

Investments in Middle East and North Africa (Mena)-based startups rose by 31 per cent in 2018 to $893 million with 366 deals according to...

Investment MENA Mena Venture Investments

Egypt

Egypt’s Commercial International Bank launches CVentures

Source: MENAbytes Commercial International Bank, the biggest private bank of Egypt, that is commonly known as CIB, has announced the...

Venture Capital cairo Investment

Tunisia

Tunisia’s Expensya raises $4.5 million

Source: MENAbytes Expensya, a SaaS for expense management, has raised a little over $4.5 million (€4 million) in its latest funding...

Investment tunisia

Egypt

Egypt’s Halan raises multi-million Series A

Source: MENAbytes Cairo-based Halan has raised a multi-million Series A round from international investor Battery Road Digital Holdings...

Series A Investment

Global

China's growing interest in the Mid East

China recently marked a quiet but momentous milestone: it is now the biggest investor in the Middle East. According to the Arab Investment...

china Silk Road Investment

Palestine

Gaza startup Vidmass raises pre-Seed from Ibtikar and Vision VC

Vidmass, a Gaza-based startup specialising in online video creation, has raised a pre-seed round of investment from early-stage funds...

pre-Seed Investment Ibtikar VC

Regional

When investors regret saying ‘no’ to startups

When faced with rejection, entrepreneurs often believe potential investors turned them down due to concerns their ideas were insufficiently...

investors Investment

Regional

Crowd Analyzer secures $1.1 million, looks to scale to Saudi Arabia and MENA

Crowd Analyzer, the Dubai-based data intelligence provider and Arabic-focused social media monitoring platform, has received pre-Series A...

Crowd Analyzer Investment

Regional

The Luxury Closet raises $8.7 million in its third round of investment

After raising USD $7.8 million in Series B in September 2016, online platform The Luxury Closet for buying and selling pre-owned...

The Luxury Closet Investment Success Stories

Regional

Arabic content platform Mawdoo3 raises $13.5m from British and American VCs

Mawdoo3.com (‘Mawdoo3’), a leading online Arabic platform from the region, has recently completed a US $13.5 million...

Mawdoo3 series B Investment

Egypt

Is Egypt becoming a hotbed for local and regional VCs? [Opinion]

The year 2018 has been a landmark year for Egyptian startups, securing bigger and later stage investment rounds and giving a dash of...

fundraising Investment

Bahrain

Restaurant booking app Eat receives funding from MEVP

Eat, MENA-based restaurant reservation platform, has recently closed a funding round from Middle East Venture Partners (MEVP) for an...

eat MEVP Investment

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