Qatar Qatar’s Sponix Tech receives investment from UK’s Aser Ventures Qatar-based sportstech Sponix Tech, has received an unknown investment amount from UK-based Aser Ventures, the co-owner of Leeds United... News • 23 August, 2022 Sponix Tech Aser Ventures Qatar Sportstech
Jordan Danish Refugee Council partners with BeyondCapital to support refugee-lens entrepreneurship The Danish Refugee Council (DRC) has partnered with BeyondCapital to launch an initiative to support startups with refugee impact in... News • 23 August, 2022 Danish Refugee Council DRC BeyondCapital
U.A.E Huspy acquires Just Mortgages, Finance Lab UAE-based proptech Huspy, has acquired two mortgage brokerages: Just Mortgages and Finance Lab. The founding teams of both companies are... News • 23 August, 2022 huspy
Egypt Egypt’s ArabyAds raises $30 million pre-Series B funding Egypt-born and UAE-headquartered advertising technology company ArabyAds, has raised $30 million in pre-Series B funding from... News • 23 August, 2022 ArabyAds Advertising
U.A.E Neobank Zywa raises $3 million Seed round UAE-based neobank Zywa, has raised $3 million in a Seed round from Goodwater Capital, Dubai Future District Fund, Rebel Fund, Trampoline... News • 23 August, 2022 Fintech neo banking Zywa
Saudi Arabia Tamara raises $100 million Series B round Saudi Arabia-based fintech Tamara has raised $100 million in a Series B equity round from investors including Sanabil Investments,... News • 22 August, 2022 Tamara BNPL
U.A.E Al Maya Group acquires majority stake in Conektr UAE-based retailer Al Maya Group has bought a majority stake in the e-commerce platform Conektr for an undisclosed... News • 22 August, 2022 Al Maya Group Conektr E-commerce
U.A.E Emaar to sell Namshi to Noon for $335.2 million Dubai real estate developer Emaar will sell its fashion e-commerce platform Namshi to Noon for $335.2 million. Emaar, which is listed... News • 20 August, 2022 Namshi Noon Emaar
U.A.E G42 launches $10 billion technology growth fund UAE-based AI and cloud computing technology company G42, has launched a $10 billion G42 Expansion Fund, in partnership with Abu... News • 18 August, 2022 G42 ADG G42 Expansion Fund
U.A.E Dukkantek secures $10 million Pre-Series A funding UAE-based store management platform Dukkantek, has raised a $10 million pre-Series A funding round, led by BECO Capital with significant... News • 15 August, 2022 Dukkantek Wamda Capital BECO Capital
U.A.E Logistics platform Cartlow acquires Melltoo UAE-based reverse logistics platform Cartlow, has acquired Melltoo platform for an unknown sum. Founded in 2019 by Anas ALkhaldi, M... News • 15 August, 2022 Cartlow melltoo Logistics
Bahrain Faceki raises Seed round from Nama Ventures Bahrain-based identity verification platform Faceki has raised an undisclosed amount in a Seed funding round led by Nama Ven... News • 15 August, 2022 Faceki Nama Ventures AI
Egypt Restaurant management platform BONBELL raises $350,000 Egypt-based foodtech startup BONBELL, has raised $350,000 from a Candian angel investor. Founded in 2022 by Doaa Abdel-Hameed, BONBELL... News • 13 August, 2022 BONBELL
U.A.E AstraTech acquires fintech app PayBy UAE-based technology and Investment Group AstraTech, has acquired fintech platform PayBy for an undisclosed sum. Founded in 2019 by... News • 11 August, 2022 Astra tech
Global SWVL announces $20 million private placement Dubai-based mobility and transport solutions provider SWVL, has signed an agreement with US-based institutional investors for the sale and... Dunya Hassanein • 11 August, 2022 Swvl
U.A.E Bayzat receives funding support from MBRIF UAE-based HR solutions platform Bayzat has raised investment for an unknown amount from The Mohammed Bin Rashid Innovation Fund [MBRIF],... News • 11 August, 2022 Bayzat MBRIF Mohammed Bin Rashid Innovation Fund
