Wamda

Egypt

Egypt’s Sahl closes dual rounds at $6 million

The Cairo-based fintech Sahl has raised $6 million in Series A and seed funding rounds, led by Ayady for Investment and Development,...

Sahl Fintech

U.A.E

UAE’s proptech Stake closes $14 million Series A

UAE-based proptech Stake has raised $14 million in a Series A funding round, led by MEVP Middle East Venture Partners (MEVP), along with...

Stake Proptech Mubadala Investment Company

U.A.E

Elevate to increase MENA presence after securing $5 million pre-Series A

Elevate, a London and Dubai-based fintech, has raised $5 million in a pre-series A investment round, according to the company's...

Elevate Fintech

U.A.E

qeen.ai closes $2.2 million pre-Seed led by Wamda Capital

UAE-based AI startup qeen.ai has secured a $2.2 million pre-Seed funding round, led by Wamda Capital, with participation from...

qeen.ai Wamda Capital AI

Saudi Arabia

Tumodo joins forces with Tabby to facilitate travel management practices

UAE-based traveltech Tumodo has joined forces with Saudi Arabia’s fintech Tabby to stimulate growth in the UAE travel...

Tumodo Tabby

Saudi Arabia

SiFi closes $10 million Seed led by Sanabil Investments, RAED Ventures

Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has closed a $10 million Seed round. The round was led by...

SiFi Simplified Financial Solutions Company Raed Ventures

U.A.E

Growdash closes Seed round at $1.8 million

UAE-based martech startup Growdash has raised $1.8 million in a Seed round, led by Oryx Fund and Oraseya Capital. Founded in 2022 by...

Growdash Oryx Fund

Saudi Arabia

Rethink Education invests in Saudi edtech Aanaab

Saudi Arabia-based edtech Aanaab has raised an investment from US-based edtech VC Rethink Education. The value remains...

Rethink Education Aanaab

Saudi Arabia

Saudi agritech iyris secures $16 million Series A round

Saudi Arabia-based agritech iyris has closed a $16 million Series A funding round, led by Ecosystem Integrity Fund (EIF) and supported...

iyris agritech EIF

Morocco

Morocco’s YoLa Fresh closes $7 million pre-Series A round

Morocco-based agritech YoLa Fresh has secured a $7 million pre-Series A funding round, led by Al Mada Ventures with participation from...

YoLa Fresh agritech Algebra Ventures

Egypt

Thndr expands into the UAE Market after ADGM approval

Egypt-based fintech Thndr has expanded its services to the UAE after acquiring a Category 3A license with retail endorsement from the...

Thndr ADGM

Saudi Arabia

Kingdom Holding participates in Musk’s xAI $6 billion Series B round

Saudi Arabia’s Kingdom Holding, owned by Saudi billionaire Prince Alwaleed bin Talal, has taken part in the $6 billion Series B...

Kingdom Holding xAI Elon Musk

U.A.E

GrubTech raises $15 million Series B led by Jahez

UAE-based foodtech startup GrubTech has raised $15 million as part of its Series B round and extension of Series A, led by Jahez and...

GrubTech Jahez

Saudi Arabia

TVM Capital Healthcare launches $250 million Saudi-focused Afiyah Fund

UAE-based healthcare private equity firm “TVM Capital Healthcare” has closed a $250 million Afiyah Fund LP, led by JADA,...

TVM Capital Healthcare Afiyah Fund Healthcare

Jordan

Numa partners with Mamun to give freelancers access to finance

Oman-based fintech Mamun has partnered with Jordanian fintech “Numa" with the aim of providing freelancers and creators...

NUMA Mamun

U.A.E

Holo raises new funding round, eyeing KSA expansion

UAE-based proptech Holo has raised an undisclosed pre-Series A funding round, led by DFDF and Oryx Fund, along with Aditum Investment...

Holo Proptech

Saudi Arabia

Goldman Sachs sets up MENA regional headquarters in Riyadh

Saudi Ministry of Investment has granted US investment bank Goldman Sachs a license to set up its regional headquarters in Riyadh. The...

Goldman Sachs

Regional

Shorooq Partners launches second private credit fund with initial close of $100 million

UAE-based alternative investment manager Shorooq Partners has announced the first close of its $100 million second private credit fund,...

Shorooq Partners IMM Investment Global

Saudi Arabia

BIM Ventures, SBI Holdings to launch $100 million fund to back Saudi startups

Saudi Arabia-based VC studio BIM Ventures has partnered with Japan’s SBI Holdings to launch a $100 million joint investment...

BIM Ventures MISA SBI Holdings

U.A.E

UAE's Huspy obtains fresh investment to develop a SuperApp

UAE-based proptech Huspy has raised a fresh investment round led by Balderton Capital, with further participation from existing investor...

huspy Proptech

Egypt

Egypt’s e-finance acquires minority stakes in Al Ahly Momken, EasyCash

Egypt-based fintech e-finance for Digital and Financial Investments (e-finance) has acquired a 25% stake in Al Ahly Momken and a 13%...

e-Finance Al Ahly Momken EasyCash

Egypt

OneOrder raises $16 million Series A to propel GCC expansion plans

Egypt-based logistics startup OneOrder has raised $16 million in a Series A round in a mix of equity and debt, led by Delivery Hero...

OneOrder Delivery Hero Ventures

Egypt

Birdnest secures pre-Series A round for 20% stake

Egypt-based proptech Birdnest has closed an undisclosed pre-Series A funding round for a 20% stake in the company, led by notable...

Birdnest Beltone Venture Capital Proptech

Jordan

Jordan’s liwwa secures $5 million loan from DFC

Jordan-based fintech liwwa has secured a $5 million loan from the United States International Development Finance Corporation...

liwwa DFC

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