Saudi Arabia Celebrity content app YELA raises $2.2 million Seed round Celebrity content platform YELA has raised $2.2 million in a Seed round led by Justin Mateen, Tinder co-founder and general... News • 02 August, 2021 Yela Celebrity app
U.A.E Opontia acquires medical equipment e-commerce brand Novimed E-commerce enabler Opontia has acquired UAE-based direct-to-consumer (D2C) medical equipment and therapeutic products,... Dunya Hassanein • 01 August, 2021 Novimed Opontia
Egypt Zain Telecom launches venture fund, invests in Swvl and Pipe Kuwaiti mobile telecommunications company Zain has announced the establishment of Zain Ventures. The size of the fund has not been... News • 01 August, 2021 Zain Ventures Swvl Pipe
Egypt Eight startups graduate from Flat6Labs’ Cairo Seed Programme Egypt’s Flat6Labs has graduated eight startups from its Cairo Seed Programme’s 16th cycle, each receiving seed investment... News • 01 August, 2021 Flat6Labs Cairo Seed Program
Saudi Arabia Saudi fintech Forus secures Series A funding Saudi Arabia-based fintech Forus Capital has secured an undisclosed Series A funding round co-led by Yazeed Alrajhi and Brothers... News • 01 August, 2021 Forus Fintech
Egypt CreditFins raises pre-Seed round for its credit card management platform Cairo-based fintech startup CreditFins has raised a Pre-Seed funding round led by Flat6Labs, AUC Angels, TA Telecom Holding, and other... News • 29 July, 2021 CreditFins Fintech
Iraq Founder Institute launches accelerator programme for the Levant US-based accelerator Founder Institute is launching its pre-seed startup accelerator in the Levant region, targeting entrepreneurs in... News • 28 July, 2021 Founder Institute Levant accelerator
Regional Swvl eyes IPO via SPAC UAE-based mass transportation company Swvl, initially founded in Egypt, is reportedly planning to go public via a merger with a special... News • 28 July, 2021 Swvl SPAC
Egypt GamesBandy receives $40,000 grant from Taqadam Egypt-based gaming marketplace GamesBandy has received a $40,000 grant from Taqadam, a Mena startup accelerator, four months after... News • 28 July, 2021 Gamesbandy Taqadam
U.A.E ADIO invests in three tech startups as part of its $545 million Innovation Programme Abu Dhabi Investment Office (ADIO) announced today that it has invested in three tech companies as part of its Dh2 billion ($545... News • 27 July, 2021 ADIO Lyve Rizek
U.A.E Huda Beauty Angels invests in female wellness startup Ketish Dubai-based Huda Beauty Investment (HBI)-backed Huda Beauty Angels has invested in female wellness startup Ketish, Huda Kattan, CEO of... News • 27 July, 2021 HB investments female wellness femtech
U.A.E Workfam receives co-investment from GELLIFY, Azimut UAE-based employee SaaS platform Workfam has received an undisclosed investment from GELLIFY with participation from Azimut through the... News • 27 July, 2021 Workfam GELLIFY Azimut
Saudi Arabia WeDeliver raises $2.4 million pre-Seed round Saudi Arabia-based B2B logistics and last-mile delivery services provider WeDeliver has raised a $2.4 million pre-Seed round from Saudi... News • 27 July, 2021 b2b Logistics WeDeliver
U.A.E Udrive raises $5 million Dubai-based pay-per-minute car rental app Udrive has raised a $5 million funding round from a group of undisclosed investors. Over the... News • 27 July, 2021 udrive car rental
Egypt GoodsMart raises $3.6 million from Sawari Ventures Cairo-based grocery shopping app GoodsMart has raised a $3.6 million funding round, led by Sawari Ventures. GoodsMart will be using... News • 27 July, 2021 goodsmart Grocery App Sawari Ventures
Pakistan Zayani VC, Tricap invest in Pakistan-based Dastgyr’s $3.5 million Seed round Bahrain-based Zayani Venture Capital and Dubai’s Tricap investments have participated in Pakistan-based B2B e-commerce startup... Dunya Hassanein • 27 July, 2021 Zayani VC Tricap b2b
