Wamda

Regional

The gender gap in startup investment

Almost two thirds of female founders believe that Middle East and North Africa (Mena) based investors are less likely than global investors...

women entrepreneurs Investment

Regional

Mena startups raised $173 million in September 2022

Startups in Mena raised $173 million across 51 deals as investment levels continue to decline this year. This marks a 54 per cent drop...

Investment

Regional

Mena startups raised $105 million in July, lowest amount so far in 2022

Startups in the Middle East and North Africa (Mena) raised $105 million across 44 deals in July 2022, marking a significant slowdown in...

Investment

Regional

Startups in Mena raised $324 million in June 2022, propelling H1 to $1.7 billion

Startups in the Middle East and North Africa region (Mena) raised $323.7 million across 66 deals in June 2022, an 84 per cent increase in...

Investment Funding

Regional

Mena startups raised $297 million in April 2022

Startups in the Middle East and North Africa region (Mena) raised $297 million across 29 deals in April 2022 a drop of just $2 million...

Investment

Regional

Startups in Mena raised $299 million in March 2022, pushing Q1 funding to $934 million

Startups in the Middle East and North Africa region (Mena) raised $299 million across 79 deals in March 2022, a 22 per cent decrease...

Investment

Regional

Why is there a lack of investment in startups founded by women?

In January and February of 2022 alone, startups in the Middle East and North Africa (Mena) raised $622 million. To have broken the half a...

women entrepreneurs Investment

Regional

Mena startups raised $247 million in January 2022

Startups in the Middle East and North Africa region (Mena) raised $247 million across 46 deals, a 20 per cent increase month-on-month and a...

Investment

Regional

Investment in women-founded startups at 1.2 per cent of $2.87 billion raised in 2021

It was a year in which many records were broken - the largest funding round to date, the highest number of deals, and the arrival of...

wamda Investment

Regional

Mena startups raised $206 million in December 2021

Startups in the Middle East and North Africa region (Mena) raised $206 million in December 2021 across 44 deals, a 27.5 per cent decrease...

Investment

Regional

Tourist VCs and their impact on emerging market ecosystems

There is a rising number of foreign VCs investing in the Middle East. Of the 10 Egyptian startups that raised investment in September, four...

Egypt Investment

Regional

Startups in Mena raised $338 million in September 2021

Startups in Mena raised almost $338 million across 37 deals in September, a 111 per cent rise month on month and a whopping 3000...

Investment

Regional

Mena startups raised $632 million in July 2021

Startups raised almost $632 million in July across 77 deals, a record-breaking month thanks mostly to Kitopi’s $415 million Series C...

Investment

Regional

Mena startups raised $267 million in June 2021, pushing Q2 investment to $552 million

Startups in Mena have raised $267 million across 44 deals in June, propelling the second quarter investments to more than $552 million, a...

Investment

Regional

Mena startups raised $110 million in May 2021

Startups in Mena raised almost $110 million across 35 deals in May. While it is a marked drop when compared to April, it is still an...

Investment

Regional

Mena startups raised $175 million in April 2021

Growth in investment continued last month as 44 startups across the Middle East and North Africa (Mena) raised more than $175 million in...

Investment

Regional

Mena startups raised $160 million in February 2021

Startups in Mena raised a whopping $160 million in February this year across 43 deals, driven largely by debt financing. UAE-based startups...

Investment

Regional

FENIX completes $5 million Seed investment

UAE-based micromobility operator FENIX has completed its $5 million Seed round, after securing a $1.2 million second close led by Saudi...

mobility Seed funding Investment

Bahrain

Tarabut Gateway raises $13 million

Bahrain-based open banking platform Tarabut Gateway has closed a seed funding round of $13 million, hailed to be the largest fintech seed...

Tarabut Gateway Fintech Seed funding

Bahrain

Flat6Labs Bahrain distributes $250,000 among cohort winners

Flat6Labs Bahrain announced that eight startups have received $250,000 investment as part of its sixth cycle, which concluded after a...

Flat6Labs Investment accelerator

Saudi Arabia

VoM secures $670,000 pre-Seed round

Saudi Arabia-based cloud accounting and e-invoicing platform VoM has closed a pre-Seed investment round of SAR2.5 million ($670,000). The...

Investment VoM Financial management

Saudi Arabia

Savola Group establishes CVC arm with two investments

Saudi Arabia-based food and retail conglomerate Savola Group has established a corporate venture capital (CVC) arm and has completed two...

foodtech Last mile egrocery

Saudi Arabia

Raqamyah raises $2.3 million investment

Saudi-based fintech peer-to-peer (P2P) lending platform, Raqamyah, has secured a $2.3 million investment round led by Impact46 with...

Fintech Investment Impact46

Regional

Mena startups raised $43 million in January 2021

The year began with a rather respectable amount raised in funding at $43 million, across 37 deals. This is $11.5 million more compared to...

Investment

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