U.A.E Workspace booking platform Hotdesk raises $1 million seed round Dubai-based on-demand workspace booking platform Hotdesk has raised a $1 million seed funding round, led by Virtuzone with participation... News • 28 September, 2021 hotdesk workspace Proptech
U.A.E Cloud Klair acquires UAE-based insurtech Sehteq US-based cloud computing and SaaS startup Cloud Klair has acquired UAE-based insurtech Sehteq as it looks to... News • 28 September, 2021 Cloud Klair Sehteq
U.A.E Zbooni closes $9.5 million Series A round UAE-based Zbooni, a social and conversational commerce platform, has closed a second tranche of $4.5 million to bring its total Series A... News • 28 September, 2021 Zbooni social commerce
Iraq Iraq's greentech KESK solar raises six-figure Seed round Iraq-based greentech startup KESK solar has raised a six-figure seed funding round from Euphrates Venture Capital Fund. The investment... News • 27 September, 2021 solar energy greentech KESK solar
Egypt AFIIP announces winning financial inclusion innovators for 2021 Egypt-based fintech Stryve, which offers unbanked businesses financial products, has won first place at the Arab Financial... News • 27 September, 2021 AFIIP Stryve Ahmini
Tunisia Flat6Labs announces second close of Tunisia Seed Fund Flat6Labs has announced the second close and increase of its Tunisia-based Anava Seed Fund (ASF) from $3 million to $10 million.... News • 27 September, 2021 Flat6Labs Sawari Ventures
Morocco Moroccan freight startup Cloud Fret raises $390,000 investment Morocco-based logistics startup Cloud Fret has received MAD3.5 million ($390,000) from Azur Innovation Fund, marking the fund’s... News • 26 September, 2021 Cloud Fret freight north africa
Egypt Blockchain platform Pravica raises investment from Crypto Valley VC Cairo-based blockchain startup Pravica has raised an undisclosed direct investment from the Swiss venture capital firm and... News • 26 September, 2021 Pravica Blockchain Security
Egypt ITIDA, Plug and Play sign agreement to boost Egyptian tech ecosystem Egypt’s Information Technology Industry Development Agency (ITIDA) and US-based venture capital (VC) Plug and Play have entered... News • 26 September, 2021 Plug and Play ITIDA
Saudi Arabia Wa’ed pledges $5.9 million to support Saudi entrepreneurs in Yanbu roadshow Wa’ed, the entrepreneurship arm of Saudi Arabia’s Aramco, has doubled down its financial support to Saudi-based startups,... News • 22 September, 2021 Aramco Wa'ed entreprenership
Egypt Fawry acquires minority stake in Brimore Egypt-based financial technology firm Fawry has acquired a minority stake in social commerce platform Brimore, at a value of... News • 21 September, 2021 fawry Brimore
Morocco Moroccan healthtech DataPathology raises $223,000 Casablanca-based healthtech DataPathology has raised $223,000 in its latest funding round led by WitamaxOne, which is jointly backed by... News • 21 September, 2021 DataPathology healthtech
Egypt Egyptian marketplace Shiphaly raises six-figure investment Cairo-based startup Shiphaly has raised an undisclosed six-figure round, led by Faisal Abdulsalam, the founder of Purity, with the... News • 21 September, 2021 Shiphaly marketplace
U.A.E New tourism incubator KUBE Ventures launches in UAE UAE-based Michael Levie and David Keen have together launched KUBE Ventures, a hospitality and tourism-focused incubator. The KUBE... News • 21 September, 2021 KUBE Ventures Tourism
Egypt Contactcars acquires auto auctions platform Sa3ar Egypt-based automotive marketplace Contactcars.com, a subsidiary of Contact Financial Holding, has acquired Sa3ar Technology... News • 21 September, 2021 Car dealership ContactCars
Egypt Cartona completes $4.5 million pre-Series A round led by Global Ventures Egypt-based B2B platform Cartona has raised $4.5 million in a pre-Series A round led by Global Ventures, with participation from Kepple... News • 21 September, 2021 b2b B2B e-commerce Cartona