U.A.E KOI Ride raises $3 million investment round UAE-based B2B ride-hailing services startup KOI Ride has closed a $3 million round with investment from CEG Invest and Taurus Wealth... News • 12 June, 2022 KOI Ride ride-hailing
Egypt DXwand raises $1 million pre-Series A round Egypt-based AI startup DXwand has closed a pre-Series A investment round of $1 million, led by Huashan Capital, US-based VC firm SOSV,... News • 12 June, 2022 DXwand AI Huashan Capital
Global Chari acquires Ivory Coast startup Diago Morocco-based B2B e-commerce and fintech startup Chari, has acquired Diago, an Ivorian app that connects local shops to FMCG producers... News • 10 June, 2022 Chari
Tunisia GOMYCODE raises $8 million Series A round with participation from Wamda Wamda has invested in Tunisia-based edtech GOMYCODE’s $8 million Series A round, led by France’s Proparco and AfricaInvest... News • 09 June, 2022 GoMyCode
Egypt ADVA secures six-figure Seed round from Sawari Ventures Egypt-based fintech ADVA has raised an undisclosed "six-digit figure" Seed round from Sawari Ventures. Founded in 2020 by... News • 09 June, 2022 ADVA
U.A.E Dukkantek expands to six new markets UAE-based store management platform Dukkantek, has expanded to six additional markets besides the UAE, including Kuwait, Qatar, Bahrain,... News • 09 June, 2022 Dukkantek
Jordan ADQ and Jordan’s Ministry of Digital Economy and Entrepreneurship launch $100 million tech fund Abu Dhabi’s ADQ has launched a $100 million tech-focused venture capital fund with the Ministry of Digital Economy and... News • 08 June, 2022 investment fund
Global Kuwait’s AlMuhlab leads Gamiphy’s $1.5 million pre-Series A round Kuwait-based Al Muhalab VC has led a $1.5 million pre-Series A round for Palestine-born and US-headquartered SaaS startup Gamiphy. The... News • 08 June, 2022 Gamiphy
U.A.E UAE fintech NymCard raises $22.5 million UAE-based Banking as-a-Service (BaaS) provider NymCard, has raised $22.5 million in a venture round, led by DisruptAD, Reciprocal... News • 08 June, 2022 NymCard DisruptAD Baas
U.A.E Majid Al Futtaim launches new accelerator to support regional SMEs UAE-based retail group Majid Al Futtaim and AstroLabs have launched Majid Al Futtaim Launchpad, an accelerator programme that aims to... News • 08 June, 2022 Majid Al Futtaim Astrolabs accelerator
Iraq Lebanese delivery app toters raises $18 million Series B round Lebanon-based super app toters, has raised $18 million in a Series B round from International Finance Corporation (IFC), March... Dunya Hassanein • 07 June, 2022 toters ifc
Egypt Egypt’s Nice Deer raises $1 million pre-Seed round Egypt-based insurtech Nice Deer has raised a $1 million pre-Seed funding round led by DisrupTech Ventures. Founded in early 2022 by... News • 07 June, 2022 Nice Deer Insurtech healthtech
Egypt valU expands to Saudi market through partnership with Alhokair Egypt-based fintech valU, has extended its services to Saudi Arabia through a partnership with FAS Labs, owned by Fawaz Abdulaziz... News • 06 June, 2022 valu BNPL Alhokair
U.A.E Dirwaza Curatorial Lab launches microfund for creative access UAE-based incubator Dirwaza Curatorial Lab has launched The Dirwaza Microfund for Creative Access targeting creative practitioners in... News • 06 June, 2022 Dirwaza Curatorial Lab Microfund
Morocco Moroccan fintech WafR raises $455,000 Morocco-based fintech and rewards startup WafR, has raised $455,00 in a round led by Launch Africa Ventures, First Circle Capital,... News • 06 June, 2022 WafR
Saudi Arabia Hyperpay raises $36.7 million led by Mastercard KSA-based fintech HyperPay has raised $36.7 million in a funding round led by Mastercard, with participation from Amwal Capital Partners... News • 01 June, 2022 hyperpay MasterCard
