Wamda

Morocco

Chari acquires Axa Credit for $22 million

Morroco-based B2B e-commerce startup Chari, has acquired Axa Credit, the credit line of Axa Assurance, in a deal worth $22...

Chari

U.A.E

UAE’s Mindshift Capital takes part in Rebel Girls’ $13 million round

UAE-based VC Mindshift Capital, has taken part in the $13 million funding round of US-based edtech Rebel Girls, alongside other VCs...

Mindshift Capital Rebel Girls

Egypt

Mum-focused e-commerce platform Mumerz raises $1.2 million

Egypt-based e-commerce platform offering products for mothers, soon-to-be mothers and children Mumerz, has raised $1.2 million in a...

E-commerce Mumerz

Lebanon

JumpCloud acquires Lebanon-born MYKI

US-based cloud management platform JumpCloud has acquired the Lebanon-born cyber security company MYKI for an undisclosed...

JumpCloud MyKi

Egypt

Circyls raises $1.3 million via Scopeer

Saudi Arabia-based fintech Circyls has raised SAR 5 million ($1.3 million) via crowdfunding platform Scopeer. With the fresh...

ROSCA

Egypt

Egypt’s Homzmart acquires German technology company MockUp Studio

Egypt-based online furniture marketplace Homzmart, has announced the acquisition of German technology company MockUp Studio for an...

Homzmart MockUp Studio

Egypt

Saudi Arabia’s Sary acquires Egypt’s Mowarrid

Saudi Arabia-based B2B e-commerce platform Sary has acquired Mowarrid, an Egypt-based B2B marketplace, for an undisclosed...

SARY Mowarrid E-commerce

Saudi Arabia

Saudi-based Funding Souq raises $2.5 million Seed

Saudi Arabia-based crowdfunding platform Funding Souq, has raised a $2.5 million Seed round with participation from angel investors...

Fintech Crowdfunding

Egypt

Kouncel raises $1.2 million in pre-Seed funding

Egypt-based legal edtech Kouncel has raised $1.2 million a pre-Seed round led by Zaldi Capital for investment, the African Development...

Kouncel Zaldi Capital

U.A.E

Alaan raises $2.5 million Seed round

UAE-based fintech Alaan has raised $2.5 million in Seed funding, led by 468 Capital, Global Founders Capital and Presight Capital with...

Alaan Fintech

Egypt

Careem invests in Egypt’s elmenus

Egypt-based food delivery app elmenus has raised an undisclosed amount of funding from Careem. Founded in 2011 by Amir Allam, elmenus...

careem ElMenus

Egypt

Milezmore raises $5 million pre-Seed round from Brimore

Cairo-based logistics provider Milezmore has raised a $5 million pre-Seed round from Brimore, a social commerce startup based in...

Brimore Milezmore

U.A.E

in5 launches space for investors in Dubai

Dubai incubator in5 will launch a specialised space to connect investors with startups for funding and partnership...

VC in5

Egypt

Milango acquires proptech startup Circle

Egypt-based community management software Milango has acquired proptech startup Circle. The acquisition will help Milango to add more...

Proptech

Saudi Arabia

ORO raises pre-Seed investment from Nama Ventures

Riyadh-based B2B auto repair maintenance startup ORO has raised an undisclosed pre-Seed funding round from Nama Ventures. Founded by ...

Nama Ventures

U.A.E

Kaso raises investment from Y Combinator

UAE-based B2B e-commerce platform Kaso (formerly Elkaso), has raised investment from Y Combinator. The startup has also appointed...

KASO

Egypt

Egypt launches $50 million VC programme to support tech startups

Egypt has launched a $50 million venture capital programme to finance new and existing investment funds, in collaboration with the World...

MSMEDA world bank

U.A.E

Mashreq bank invests in NymCard

UAE-based fintech NymCard has raised investment from Mashreq bank. The amount raised was not disclosed. Founded in 2018 by Omar Onsi,...

NymCard Mashreq

U.A.E

UAE’s EMPG invests in Pakistani Daftarkhwan

UAE-based Emerging Markets Property Group (EMPG) has invested Seed capital in Pakistan’s Daftarkhwan. The amount invested was not...

EMPG Daftarkhwan

Egypt

OneOrder launches after raising $1 million Seed

OneOrder, an Egypt-based marketplace that connects resturants to suppliers, has launched after raising $1 million in a round led by...

OneOrder

Global

UAE-based angel investors invest in IMAN's $1 million Seed round

A group of UAE-based angel investors has participated in Uzbek-based fintech startup IMAN's $1 million Seed round. The round...

IMAN

Egypt

HRtech startup SAmAS Gamify raises $150,000

Egypt-based HRtech tech startup SAmAs Gamify has raised $150,000 in a pre-Seed round, led by US-based SoftEQ Venture...

U.A.E

Udrive raises $5million

UAE-based car-sharing app Udrive has raised $5 million from Cultiv8 and Oman Holding International. Founded in 2016 by Nicholas Watson...

Cultiv8 udrive Oman Holding International

Tunisia

Insurtech startup Avidea raises $696,000

Tunisia-based digital insurance startup Avidea, has raised 2 million dinars ($696k) in Pre-Series A funding round led by Capsa Capital...

Avidea

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