Jordan Oasis500 launches second fund Source: Mena Fn Oasis500 has announced the launch of a second fund with support from the King Abdullah Fund for Development... News • 16 July, 2019 startup Entrepreneur Investment
Regional Grofers receives funding from Abu Dhabi firm Source: Arabian Business A unit of Abu Dhabi Capital Group (ADCG) has invested about $10 million in Grofers, the Indian online grocery... News • 16 July, 2019 grocery online store E-commerce
Egypt COLNN raises $100,000 in seed round Egypt-based education technology (edtech) startup, COLNN has received $100,000 in seed funding from EdVentures which focuses its... Ayesha Ghaffar • 15 July, 2019 EdTech seed fund Investment
Regional AlgoDriven raises $625,000 in Pre-Series A Dubai-based automotive software company AlgoDriven has raised $625,000 in seed funding from domestic and international venture... Ayesha Ghaffar • 14 July, 2019 Seed funding automotive pre-Series A
Regional Clara closes seed round at $2,000,000 UAE-based Clara, a legal technology firm targeting startups has raised $2 million in seed funding from multiple investors including Wamda... Ayesha Ghaffar • 10 July, 2019 startup Investment Legal
Egypt Fawry to IPO within next few weeks at a valuation up to $330 million Source: Menabytes Fawry, the leading Egyptian electronic payments company will go public within the next few weeks by listing its shares... News • 10 July, 2019 ecommerce MENA exchange
Regional Washmen raises $6.2 million Series B Source: Menabytes Washmen, a Dubai-based dry cleaning and laundry service has raised $6.2 million in its Series B round, the startup... News • 09 July, 2019 startup series B Washmen
Saudi Arabia Misk Innovation's growth accelerator to invest $100,000 in Mena startups Source: Menabytes Misk Innovation, the innovation arm of Misk Foundation, a non-profit established by Saudi crown prince Mohammad bin... News • 07 July, 2019 Growth accelerator accelerator Saudi Arabia
Regional Ola raises $11 million in series J round Source: LiveMint ANI Technologies-owned Cab aggregator Ola has raised $11 million in its ongoing Series J round from... News • 04 July, 2019 Investment series J cab service
Lebanon Ecomz raises $4 million series A Source: MenaBytes Beirut-based ecommerce management platform Ecomz has raised $4 million in a Series A round led by local VC Cedar... News • 04 July, 2019 E-commerce series-A Investment
Regional FlexxPay raises new funds Source: GulfNews FlexxPay.com, a Dubai-based social impact start-up, announced it has raised funding from a group of individual and... News • 03 July, 2019 Start-up social impact Employment
Kuwait Boutiqaat raises investment and doubles its valuation to $500 million Source: MenaBytes Boutiqaat, the leading Kuwaiti beauty ecommerce startup has doubled its valuation to $500 million in eighteen months... News • 03 July, 2019 Valuation Investment E-commerce
Jordan Faylasof raises $500,000 pre-Series A Source: Menabytes Amman-based online bookstore Faylasof has raised $500,000 as Pre-Series A funding from Saudi-based Wise Ventures,... News • 02 July, 2019 e-books Venture Capital venture capital fund
Saudi Arabia Dhad closes an investment round Source: MenaBytes Dhad, a Saudi-based audiobook startup has raised investment in a round led by Raed Ventures, the startup... News • 01 July, 2019 audio content Investment
Egypt WideBot closes pre-Series A round Source: Menabytes Cairo-based Arabic chatbot building platform WideBot has raised six-figure (USD) Pre-Series A investment, the startups... News • 30 June, 2019 widebot Artificial intelligence chatbot
Saudi Arabia Foodics raises $4 million pre-series B Source: MenaBytes Foodics, a Saudi cloud-based point-of-sale system for F&B businesses has raised $4 million in fresh funds, the... News • 29 June, 2019 f&b saudi Pre-Series B
Saudi Arabia Noon Academy raises $8.6 million Source: MenaBytes Riyadh-based online learning platform Noon Academy has raised $8.6 million Series A co-led by Raed Ventures and Saudi... News • 27 June, 2019 Investment EdTech fund
Egypt Elmenus secures investment from Foodora’s co-founder Egypt-based food discovery and ordering platform Elmenus announced that it has secured investment from Julian Dames, co-founder of Foo... Yasmeen Nabil • 26 June, 2019 food Discovery menu
U.A.E Sprii closes $8.5 million in Series A UAE-based e-commerce platform Sprii.com has raised a further $8.5 million in its Series A funding that it will use to accelerate its... Yasmeen Nabil • 24 June, 2019 Moms E-commerce Series A
U.A.E Hopi raises six-figure seed funding Source: MenaBytes Hopi, a yet-to-be-launched Dubai-based direct-to-consumer subscription contact lens startup has raised seed funding... News • 24 June, 2019 contact lenses seed
Lebanon BSynchro raises $1 million Lebanon-based BSynchro Holding, an insurance technology company, has raised $1 million from its current shareholders Berytech Fund II and... Yasmeen Nabil • 23 June, 2019 tech Insurance Software
Egypt Swvl raises $42 million to expand to Africa Source: Bloomberg Swvl, an Egyptian app for booking buses, has raised $42 million as it looks to expand into other parts of... News • 20 June, 2019 Booking buses online
Regional Morocco-based Mubawab acquires Jumia House Source: MenaBytes Mubawab, the leading real estate portal of Morocco that was acquired by Dubai-based Emerging Markets Property Group... News • 19 June, 2019 reak estate portal
U.A.E Dubai-based Urent raises seed funding Source: Arabian Business Dubai royal, Sheikh Saeed bin Ahmed Al Maktoum, has invested in Urent, a new online platform that aims to... News • 19 June, 2019 cars Rental Investment