Wamda

Saudi Arabia

Melltoo expands to Saudi with new funding

The Dubai-headquartered peer-to-peer marketplace Melltoo has said they are ready to expand to Saudi Arabia now they have acquired new...

Investment melltoo ecommerce

Iran

Turkish payments startup Iyzico closes $13M Series C

On July 15, Barbaros Ozbugutu and Tahsin Isin were celebrating in Istanbul. After years of bureaucracy, their online payment company...

turkey iran Commerce

U.A.E

Startup Emirates: the most well-funded tech startups in the UAE in one infographic

This article is a crosspost from CB Insights. All of the companies in our infographic are based in the Emirate of Dubai....

Investment uae CB Insights

Regional

2016 was very generous to MENA's startups #Wamda2016

People on the internet aren’t too sad to let go of 2016. Memes surrounding the US presidential elections, comedy sketches on the...

Wamda2016 MENA startups

Egypt

Egypt’s Vezeeta gets $5M Series B

Vezeeta, an Egypt-based automated physician, clinic and hospital bookings platform received $5 million in series B funding led by...

Vezeeta Egypt BECO Capital

U.A.E

Jisr Venture Partners like to look outside MENA [Know your VC]

Jisr Venture Partners founder and chairman Waleed Albanawi is making another investment into the food and beverage (F&B) space by...

Investment jisr venture partners ReserveOut

Tunisia

Left out: Tunisian startups demand attention

Tunisian entrepreneurs think the government should pay more attention to them rather than focusing on megaprojects, after a major...

Tunisia2020 economy startup

Regional

What's happening to innovation in the GCC? #Wamda2016

Stagnant oil prices mean the GCC’s economic situation today does not look rosy, and the 2016 Global Innovation Index (GII) shows the...

Wamda2016 MENA startups

Egypt

Who's investing in Egypt now anyway? [Know your VC]

Egypt’s economy is in bad shape, so who would want to invest in startups and SMEs in this current gloomy atmosphere? Tarek Fahim,...

Know your VC Endure Capital JuiceLabs

Regional

Between a rock and a hard place: the trend towards for-profit social enterprises [Opinion]

Reducing the focus of my work as a social entrepreneur to become a social intrapreneur wasn’t an easy decision. I started working...

Social Entrepreneurship social enterprise Scaling

Egypt

EAEF reinvests in Egypt’s Smartcare Medical Services

Smartcare Medical Services in Egypt has secured another 12 million Egyptian pounds (US$762,000) from the Egyptian-American Enterprise Fund,...

Smartcare Medical Services Egypt Series A

Regional

Series A investment: when, how, who? [Know your VC]

In the growth cycle of a startup the Series A round can be a critical hurdle, but investors say there is a lot startups can do to...

Series A Investment Venture Capital

Jordan

Communication key to soothing rocky VC-startup romance

Part of a maturing ecosystem are the growing pains that go along with it. As startups continue to pop up, so do VC funds, but like any...

Funding Investment VC

Lebanon

Arab world’s streaming app Anghami raises Series B

Lebanon-born music streaming app Anghami has raised a Series B round at an undisclosed value, the company said in a statement. The round...

anghami Middle East Venture Partners Investment

Regional

Get your house in order: what to expect from due diligence [Opinion]

Before an investor will give your startup money, they will dig into your books to find out whether there is anything they need to know...

due diligence Investment list

Global

Hikma Ventures makes second US investment

Hikma Ventures made their second investment announcement in just over a month with their contribution to a $21.5 million series C round of...

Hikma Ventures Hikma Pharmaceutical Investment

Regional

Holidayme.com secures $7M funding, a boost for regional travel industry

UAE online travel agency Holidayme.com has raised $7 million in Series A funding from Silicon Valley-based Accel Partners, Saudi...

Travel holidayme Geet Bhalla

U.A.E

Has Falafel Games raised the largest round for a gaming startup in MENA?

Falafel Games, one of the first gaming studios to emerge in the Middle East, just closed a round of $2.6 million. The funding round was...

falafel games MEVP Investment

Bahrain

Bahrain’s Eat raises $2M

Editor’s note: this article was updated on October 12 to include a comment from Reserve Out. In what they are labelling...

Eatapp eat Bahrain

Iran

Iran startup Snapp raises $22M Series A

Iranian ride sharing startup Snapp has secured a 20 million euro (US$22 million) Series A investment. The deal, reported in Tech...

Snapp Iran Internet Group Rocket Internet

U.A.E

Compareit4me closes $2.4M funding round

The financial comparison site Compareit4me.com has closed a funding round of $2.4 million. According to a statement released by the...

Investment Compareit4me.com Wamda Capital

U.A.E

Wrappup closes $800K investment round

Wrappup, an app that solves time wasting meetings by recording and flagging the important moments, has closed a seed round of...

Wrappup BECO Capital Investment

Global

US digital health startup gets Hikma Ventures funding

Hikma Ventures announced today their participation in a $47.6 million Series B round for Chrono Therapeutics. Chrono is a US-based...

Investment Hikma Ventures MEMakersGE

Turkey

Wamda Capital invests $2.2M in Insider

Wamda Capital announced today a $2.2 million Series A investment in Insider, a smart digital platform for marketers to personalize,...

Insider turkey Wamda Capital

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