Saudi Arabia Lamaa secures $5.5 million Seed round co-led by Wa’ed Riyadh-based fintech Lamaa has secured a $5.5 million Seed round led by Raed Ventures and Saudi Aramco’s entrepreneurship arm,... News • 01 December, 2021 Lamaa Fintech
Kuwait OptimizeApp acquires Panda Media for undisclosed amount Kuwait-based OptimizeApp has acquired Panda Media, a Kuwait-based online education company focused on entrepreneurs, for an undisclosed... News • 01 December, 2021 OptimizeApp online marketing kuwait
Saudi Arabia Dallali secures first investment round Riyadh-based proptech Dallali has raised its first investment round led by AlRamz Real Estate Company and local angel... News • 01 December, 2021 Dallali Saudi Arabia
Saudi Arabia Jahez plans IPO on Nomu Saudi Arabia-based food ordering platform Jahez is planning to proceed with an initial public offering (IPO) on Nomu, the Saudi... News • 01 December, 2021 Jahez Nmou
Egypt Raseedi raises $850,000 in pre-Series A Egypt-based fintech Raseedi has raised $850,000 in a pre-series A round from Samurai incubate, with participation from its existing... News • 30 November, 2021 Raseedi
Egypt Egypt's fintech KlickIt closes its first round of funding Egypt-based fintech KlickIt, has raised its first round of funding led by EFG Finance and Camel Ventures, the venture capital arm... News • 30 November, 2021 Fintech
U.A.E CARS24 raises $20 million debt funding from CBD India-based automotive e-commerce platform CARS24 has raised Dh75 million ($20 million) in local debt funding from the Commercial Bank... News • 30 November, 2021 CARS24 Commercial Bank of Dubai
U.A.E Cashfree pumps $15 million equity investment into UAE’s Telr India-based payments and API banking solutions company, Cashfree Payments has allocated an equity investment of $15 million in Telr, a... News • 30 November, 2021 Cashfree Telr
U.A.E Dubai's iMile raises $40 million to connect Chinese sellers to emerging markets Dubai-based last mile delivery company iMile, has raised a $40 million Series A round at a $350... News • 30 November, 2021 iMile
Egypt Egypt’s Bosta to expand to KSA, UAE in 2022 Egypt-based last mile logistics startup Bosta has announced plans to expand to the UAE and KSA in 2020. The startup,... Dunya Hassanein • 28 November, 2021 Bosta
U.A.E UAE Splashlight Studios raises $1 million Seed round from Eagle Ventures UAE-based e-commerce digital solutions provider Splashlight Studios has raised Seed funding of $1 million from Eagle Ventures. Founded... News • 28 November, 2021 Splashlight Studios e--commerce Solutions
Saudi Arabia Raseed closes $1.1 million investment round led by Impact46 UAE-based investment platform Raseed has raised $1.1 million in a pre-Seed round led by Impact46 with participation from Oqal Angel... News • 28 November, 2021 Raseed Impact46
Algeria Yassir raises $30 million in Series A Algeria-based super app Yassir has raised $30 million in a Series A round led by WndrCo, DN Capital, Kismet Capital, Spike Ventures, and... Dunya Hassanein • 28 November, 2021 Yassir Logistics
Egypt Egypt’s Homzmart expands to Saudi Arabia Cairo-based furniture marketplace Homzmart, has announced the expansion of its operations into Saudi Arabia. Founded in... News • 27 November, 2021 Homzmart furniture Expansion
Egypt Hekouky closes pre-Seed round from Nama Ventures Cairo-based legaltech platform Hekouky has raised an undisclosed amount in a pre-Seed funding round from Nama Ventures. Founded in 2... News • 25 November, 2021 Hekouky Legaltech
Kuwait Kuwait's Bnchr+ raises Seed round Kuwait-based automotive startup Bnchr+ has raised its Seed round for an undisclosed amount, backed by ZGI partner Brilliant Labs in... News • 24 November, 2021 Bnchr+ automotive
