Saudi Arabia Crowdfunding platform Manafa secures $28 million Series A round Saudi Arabia-based fintech Manafa, has closed its Series A funding of $28 million (SAR106 million), led by STV and Wa’ed Ventures,... News • 28 December, 2022 Manafa Wa'ed Vnetures Series A
Saudi Arabia AtarCloud raises $1.3 million Seed round Saudi Arabia-based proptech AtarCloud has closed a $1.3 million Seed investment round with the participation of BIM Ventures along with... News • 26 December, 2022 AtarCloud Proptech BIM Ventures
U.A.E Bayzat raises $25 million Series C round UAE-based HR technology startup Bayzat, has raised a $25 million Series C round led by DisruptAD alongside Ischyros New York, bringing... News • 23 December, 2022 Bayzat
Egypt Fintech Galaxy acquires Egypt’s open banking platform Underlie UAE-based open finance platform Fintech Galaxy has acquired Underlie, an Egypt-based open banking platform offering application... News • 22 December, 2022 Underline Fintech Galaxy
U.A.E Gargash Group invests in Germany’s Blacklane UAE-based Gargash Group has participated in the Series F round of the German chauffeur services provider “Blacklane”, along... News • 21 December, 2022 Gargash Group Blacklane automotive
U.A.E LumiShare raises $3.2 million Seed round UAE-based blockchain digital asset management LumiShare, has raised a $3.2 million Seed round led by Sheikh Mohamed Bin Ahmed Bin Hamdan... News • 21 December, 2022 LumiShare Blockchain
Egypt CheckMe acquires DoctorOnline Egypt-based healthtech platform CheckMe has acquired a majority stake in DoctorOnline, a doctor appointment booking app. The deal was... News • 20 December, 2022 CheckMe Doctoronline
Oman Omani cloud kitchen KitchenomiKs raises $1.7 million Seed round Oman-based cloud kitchen operator KitchenomiKs has raised $1.7 million in its Seed round from angel investors. Founded in March 2022... News • 19 December, 2022 KitchenomiKs cloud kitchen foodtech
Egypt Muqbis raises pre-Seed round from Nama Ventures Egypt-based Muqbis, an online marketplace for handicrafts, has raised an undisclosed amount in pre-Seed funding from Nama... News • 18 December, 2022 Muqbis Nama Ventures
Saudi Arabia Revival Lab leads $13.6 million round through United Investments partnership Saudi Arabia-based venture builder Revival Lab, has signed an investment partnership worth SAR50 million ($13.6 million) with United... News • 18 December, 2022 Revival Lab Saudi Arabia cloud kitchen
U.A.E Sharjah launches media-focused venture builder “Shams Valley” Sharjah Media City (Shams), in collaboration with Grow Valley, has announced the launch of Shams Valley, a venture-builder studio that... News • 18 December, 2022 Sharjah Media City SHAMS
Jordan Jordan’s Telescope raises Seed funding to expand to UAE, Saudi Arabia Jordan-based content creation incubator Telescope, has raised an undisclosed Seed round from UAE-based Select Venture... News • 15 December, 2022 Telescope
Egypt B2B startup Suplyd raises $1.6 million pre-Seed round Egypt-based restaurant logistics startup Suplyd, has raised a $1.6 million pre-Seed round led by Endure Capital, Seedstars, Camel... News • 15 December, 2022 suplyd
Egypt Saudi-based Jumlaty and Egypt’s Appetito merge into new entity, NOMU Saudi-based grocery delivery startup Jumlaty and Egyptian counterpart Appetito have announced their merger to create a new company,... News • 14 December, 2022 Jumlaty Appetito
U.A.E The Dubai Future District Fund launches venture fellowship programme for Emiratis The Dubai Future District Fund (DFDF) has launched a venture capital-focused fellowship programme, designed to equip Emirati... News • 14 December, 2022 Dubai Future District Fund
U.A.E Morningstar Ventures invests $5 million in digital art gallery UAE-based VC firm Morningstar Ventures, has invested $5 million in 37xDubai, an interactive and immersive digital art gallery to be open... News • 13 December, 2022 Morningstar Ventures NFT 37xDubai
