Wamda

Saudi Arabia

Saudi-based biotech startups raise $10 million

Saudi-based biotechnology (biotech) startups incubated by Badir Biotech Incubator, under the Badir Program raised close to $10 million...

biotech Investment Funding

U.A.E

Dubai-based Beehive raises $4 million

Source: Menabytes Dubai-based peer to peer lending platform Beehive has raised $4 million as part of its Series B round from Riyad...

Fintech Funding Investment

Saudi Arabia

Nana raises $6 million in Series A round

Saudi Arabia-based e-grocery platform Nana has closed a $6 million Series A round of investment, led by Middle East Venture Partners (MEVP)...

Series A e-grocery

Lebanon

Speed raises new funding to improve future acceleration for startups

Source: Arabnet Speed, the Lebanese tech accelerator based out of the Beirut Digital District (BDD), has announced that it has raised...

accelerator Funding tech

Regional

Emaar fully acquires Namshi

Dubai’s Emaar Malls has fully acquired e-commerce retailer Namshi. This follows acquiring the remaining stake of Global...

ecommerce Retail Fashion

Kuwait

Kuwait-based Faith Capital announces $8 million investment in JustClean

Source: Menabytes Kuwait-based Faith Capital has announced an investment of $8 million in JustClean, a Kuwaiti laundry startup it had...

on-demand laundry Investment

Kuwait

Kuwait-based Jumla Club raises pre-Series A

Source: Menabytes Kuwait-based B2B food and beverage platform Jumla Club has raised seven-figure pre-Series A, the startup...

f&b pre-Series A

Egypt

Trella raises more than $600,000 in pre-seed investment

Source: Menabytes Cairo-based trucking marketplace Trella has raised over $600,000 in a pre-seed funding round led by Algebra Ventures...

pre-Seed trucking Shipping

Kuwait

Nalbes raises $2 million

Kuwait-based e-commerce platform Nalbes has secured $2 million in its Series B round of funding, led by a group of existing and new...

E-commerce Fashion

Saudi Arabia

Golden Scent closes new round of investment

Saudi Arabia-based e-commerce platform Golden Scent has closed a new round of investment, the company announced, without disclosing the...

news E-commerce Golden Scent

Kuwait

Deliveroo launches in Kuwait with 900 restaurants

Source: Arabian Business Deliveroo, the delivery service founded in 2013 by William Shu and Greg Orlowski, has announced its launch in...

food Delivery Expansion

Egypt

E-commerce venture Noon expands operations to Egypt

Source: Arabian Business Noon, the e-commerce venture operating in the UAE and Saudi Arabia, on Tuesday announced its expansion into...

E-commerce Expansion

Egypt

Uber agrees to pay VAT in Egypt

Source: Reuters Uber has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday, a move that may help...

Uber Egypt VAT

Saudi Arabia

Mad'a invests in Family Souk Ventures

Source: Saudi Gazette Mad’a Investment Company, a private equity & venture capital firm headquartered in Riyadh, Saudi Arabia,...

Investment E-commerce

U.A.E

Dubai-based Mile raises seed funding

Source: Menabytes Dubai-based delivery and logistics management platform Mile has raised seed funding in a round led by Saudi VC Riyad...

Seed funding Delivery Logistics

Egypt

GoodsMart secures funding from Algebra Ventures in pre-Series B

Egypt-based e-grocery company GoodsMart announced that it has secured funding in a pre-Series B round from Algebra Ventures. This...

Funding Pre-Series B E-commerce

Lebanon

Feel22 raises Series A

Source: MENAbytes Lebanese beauty ecommerce startup has raised a Series A funding round, the startup announced in a statement...

ecommerce ecommerce middle east beauty products

Kuwait

Kuwait-based online coffee marketplace Cofe raises $3.2m Pre-Series A

Source: Menabytes Kuwait-based Cofe has raised $3.2 million in Pre-Series A funding for its coffee-centric marketplace app, the...

Investment Coffee marketplace

Saudi Arabia

Saudi startup GetMuv raises $1.5 m to connect users with gyms and sports clubs

Source: Menabytes Jeddah-based fitness startup GetMuv has raised $1.5 million investment from Saudi Aramco’s venture capital arm,...

Investment fitness Sports

Regional

Turkey and Saudi lead in patent applications in the Middle East

Turkey and Saudi Arabia rank the highest in the Middle East for patent applications according to a report from the World Intellectual...

Patents china Intellectual property

Tunisia

Tunisia-founded TravelCar acquired by Groupe PSA

Tunisia-founded mobility solutions platform TravelCar, now headquartered in Europe was acquired by France-based automobile...

Acqusition mobility car

Regional

Dubai-founded Pixelbug gets acquired by American Besomebody

Source: Menabytes Cincinnati-based learning platform Besomebody that specializes in job placement and employer services has...

ar Acquistion news

Tunisia

Tunisian doctor booking platform Med.Tn raises over $650,000

Source: Menabytes Tunisian doctor booking platform Med.Tn has raised little over $650,000 (2 million Tunisian Dinars to be precise) in...

Investment Doctor online

U.A.E

Dubai-based MEVP closes additional $65m in commitments

Source: Menabytes Dubai-based Middle East Venture Partners has closed additional $65 million in commitments for its latest...

news Investment funds

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