U.A.E nealthy raises $1.3 million pre-Seed round UAE-based virtual asset management platform nealthy, has raised $1.3 million in pre-Seed funding from undisclosed investors. Founded... News • 08 March, 2023 nealthy NFT Cryptocurrencies
Jordan Flat6Labs launches ‘StartMashreq’ initiative to support entrepreneurs across the Levant region Seed investor and accelerator Flat6labs, in partnership with the International Finance Corporation (IFC) and the government of the... News • 06 March, 2023 Flat6Labs ifc
Bahrain Procural raises $1.2 million Seed Bahrain’s Procural has raised a $1.2 million Seed round led by Flagship Holding and Canada-based BenchMatrix. Founded in... News • 05 March, 2023 Procural
Saudi Arabia Emkan launches $31 million fund to back early-stage startups Saudi Arabia-based VC firm Emkan Capital has announced the close of its $31 million Emkan Capital Fund I (ECP I). ECP I aims to invest... News • 02 March, 2023 Emkan Capital Emkan Capital Fund I Jada Fund of Funds
Saudi Arabia Ygii raises pre-Seed round led by Flat6Labs Saudi Arabia-based social commerce platform Ygii has secured a pre-Seed round from Flat6labs, with participation from a group of angel... News • 01 March, 2023 Ygii
Jordan ISSF invests $5 million in Middle East Venture Fund IV Innovative Startups and SMEs Fund (ISSF) has invested $5 million in Middle East Venture Fund IV (MEVF IV), a $150 million fund recently... News • 01 March, 2023 ISSF MEVP
U.A.E Kitopi acquires AWJ Investments UAE-based cloud kitchen operator Kitopi has acquired Dubai-founded food and beverage (F&B) group AWJ. The financial details of the... News • 01 March, 2023 Kitopi
U.A.E Careem suspends operations in Qatar UAE-based superapp Careem has suspended its operations in Qatar. The Uber-backed app launched its service in Qatar in 2013, a year... News • 28 February, 2023 careem
Saudi Arabia Amwal raises $2.5 million pre-Seed round Saudi Arabia-based fintech Amwal has secured $2.5 million in a pre-Seed round co-led by Shorooq Partners and Outliers Venture Capital... News • 28 February, 2023 Outliers Venture Capital Shorooq Partners Amwal
Iraq Iraq’s Orisdi closes $220,000 Bridge round Iraq-based e-commerce platform Orisdi has raised $220,000 in a Bridge round. The round was closed in January and saw participation... News • 28 February, 2023 Orisdi closes $220 000 Bridge round Orisdi
Morocco KOOLSKOOLS raises $960,000 from Azur Fund Morocco-based edtech KOOLSKOOLS has secured a $960,000 (MAD 10 million) investment from Azur Innovation Fund. Founded in 2020 by... News • 27 February, 2023 KoolSkools Azur Innovation Fund EdTech
U.A.E Nadeera raises $200,000 through Beban TV show UAE-based cleantech Nadeera has received a $200,000 investment from Bahraini VC firm Hope Ventures during an episode of the Beban... News • 27 February, 2023 Nadeera Beban Hope Ventures
Saudi Arabia Munjz closes $5 million Series A round Saudi Arabia-based proptech Munjz, has closed a $5 million Series A round, led by undisclosed investors, in addition to Vision Venture,... News • 27 February, 2023 Saudi Arabia Munjz Proptech
Bahrain Parcel raises $1 million through Beban TV show Bahrain-based last mile provider Parcel, has raised $1 million from Hope Ventures, along with Jahez and Cari, during an episode of... News • 23 February, 2023 Parcel Jahez Cari
Egypt tabby halts operations in Egypt UAE-based buy now and pay later (BNPL) startup tabby, has shut down its operations in Egypt five months after launching its service in the... Dunya Hassanein • 22 February, 2023 Tabby Fintech BNPL
Egypt Hollydesk raises $1 million venture debt Egypt-based fintech Hollydesk has raised $1 million in venture debt financing from unknown investors. Founded in 2020 by Mahmoud... News • 22 February, 2023 Hollydesk Fintech
