Wamda

Regional

Mena startups raised $173 million in September 2022

Startups in Mena raised $173 million across 51 deals as investment levels continue to decline this year. This marks a 54 per cent drop...

Investment

Regional

Mena startups raised $105 million in July, lowest amount so far in 2022

Startups in the Middle East and North Africa (Mena) raised $105 million across 44 deals in July 2022, marking a significant slowdown in...

Investment

Regional

Startups in Mena raised $324 million in June 2022, propelling H1 to $1.7 billion

Startups in the Middle East and North Africa region (Mena) raised $323.7 million across 66 deals in June 2022, an 84 per cent increase in...

Investment Funding

Regional

Mena startups raised $297 million in April 2022

Startups in the Middle East and North Africa region (Mena) raised $297 million across 29 deals in April 2022 a drop of just $2 million...

Investment

Regional

Startups in Mena raised $299 million in March 2022, pushing Q1 funding to $934 million

Startups in the Middle East and North Africa region (Mena) raised $299 million across 79 deals in March 2022, a 22 per cent decrease...

Investment

Regional

Why is there a lack of investment in startups founded by women?

In January and February of 2022 alone, startups in the Middle East and North Africa (Mena) raised $622 million. To have broken the half a...

women entrepreneurs Investment

Regional

Mena startups raised $247 million in January 2022

Startups in the Middle East and North Africa region (Mena) raised $247 million across 46 deals, a 20 per cent increase month-on-month and a...

Investment

Regional

Investment in women-founded startups at 1.2 per cent of $2.87 billion raised in 2021

It was a year in which many records were broken - the largest funding round to date, the highest number of deals, and the arrival of...

wamda Investment

Regional

Mena startups raised $206 million in December 2021

Startups in the Middle East and North Africa region (Mena) raised $206 million in December 2021 across 44 deals, a 27.5 per cent decrease...

Investment

Regional

Tourist VCs and their impact on emerging market ecosystems

There is a rising number of foreign VCs investing in the Middle East. Of the 10 Egyptian startups that raised investment in September, four...

Egypt Investment

Regional

Startups in Mena raised $338 million in September 2021

Startups in Mena raised almost $338 million across 37 deals in September, a 111 per cent rise month on month and a whopping 3000...

Investment

Regional

Mena startups raised $632 million in July 2021

Startups raised almost $632 million in July across 77 deals, a record-breaking month thanks mostly to Kitopi’s $415 million Series C...

Investment

Regional

Mena startups raised $267 million in June 2021, pushing Q2 investment to $552 million

Startups in Mena have raised $267 million across 44 deals in June, propelling the second quarter investments to more than $552 million, a...

Investment

Regional

Mena startups raised $110 million in May 2021

Startups in Mena raised almost $110 million across 35 deals in May. While it is a marked drop when compared to April, it is still an...

Investment

Regional

Mena startups raised $175 million in April 2021

Growth in investment continued last month as 44 startups across the Middle East and North Africa (Mena) raised more than $175 million in...

Investment

Regional

Mena startups raised $160 million in February 2021

Startups in Mena raised a whopping $160 million in February this year across 43 deals, driven largely by debt financing. UAE-based startups...

Investment

Regional

FENIX completes $5 million Seed investment

UAE-based micromobility operator FENIX has completed its $5 million Seed round, after securing a $1.2 million second close led by Saudi...

mobility Seed funding Investment

Bahrain

Tarabut Gateway raises $13 million

Bahrain-based open banking platform Tarabut Gateway has closed a seed funding round of $13 million, hailed to be the largest fintech seed...

Tarabut Gateway Fintech Seed funding

Bahrain

Flat6Labs Bahrain distributes $250,000 among cohort winners

Flat6Labs Bahrain announced that eight startups have received $250,000 investment as part of its sixth cycle, which concluded after a...

Flat6Labs Investment accelerator

Saudi Arabia

VoM secures $670,000 pre-Seed round

Saudi Arabia-based cloud accounting and e-invoicing platform VoM has closed a pre-Seed investment round of SAR2.5 million ($670,000). The...

Investment VoM Financial management

Saudi Arabia

Savola Group establishes CVC arm with two investments

Saudi Arabia-based food and retail conglomerate Savola Group has established a corporate venture capital (CVC) arm and has completed two...

foodtech Last mile egrocery

Saudi Arabia

Raqamyah raises $2.3 million investment

Saudi-based fintech peer-to-peer (P2P) lending platform, Raqamyah, has secured a $2.3 million investment round led by Impact46 with...

Fintech Investment Impact46

Regional

Mena startups raised $43 million in January 2021

The year began with a rather respectable amount raised in funding at $43 million, across 37 deals. This is $11.5 million more compared to...

Investment

U.A.E

ONE MOTO secures seven-figure investment

Electric motorcycle and e-bike startup ONE MOTO, has raised a bridge round, via crowdfunding platform Eureeca. The investment was led by...

mobility Electric vehicles One Moto

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