Egypt MerQ closes its seed funding round Egypt-based artificial intelligence (AI) company MerQ has closed its seed financing round from Ahmed Kamal Selim, a financial investor,... News • 14 April, 2019 chatbot AI Investment
Saudi Arabia Saudi-based Haseel raises investment Source: Menabytes Riyadh-based mobile-only fresh fruits and vegetables ecommerce platform Haseel has raised an undisclosed sum of... News • 12 April, 2019 E-commerce Investment Fruits
U.A.E BECO Capital invests in Shedul's Series B Source: Menabytes Shedul, a London-headquartered salon and spa booking platform that has a big presence in the region through one its... News • 12 April, 2019 Investment Booking Dubai
Regional Top five VC deals in first quarter of 2019 While Uber’s acquisition of Careem dominated the news in the first quarter of this year, the Middle East and North... Yasmeen Nabil • 10 April, 2019 Series A series B Series C
U.A.E ProTenders raises $3 million in pre-series A Dubai-based ProTenders, a construction intelligence and procurement company, has secured $3 million in its pre-Series A funding, led by a... Yasmeen Nabil • 08 April, 2019 pre-Series A fund Investment
U.A.E Oliv raises $2 million in Series A Oliv, the UAE-based careers platform connecting employers with young talent, has closed $2 million Series A funding round led by the... News • 07 April, 2019 Investment Funding round
Egypt Uber partners up with Egypt’s peer-to-peer car sharing platform Dryve Source: Startup MGZN Egypt’s peer-to-peer car sharing platform Dryve, announces it partnership with Uber Egypt, allowing... News • 07 April, 2019 Investment car Rental
Regional Seedstars announces $100m fund to invest in African tech startups Source: Ventureburn Emerging markets startup competition Seedstars yesterday announced it would launch a $100-million... News • 07 April, 2019 fund Investment africa
Regional Property Finder becomes largest shareholder in Turkish real estate portal Source: The National Property Finder increased its stake in Turkish property marketing website Zingat to almost 40 per cent from 17 per... News • 02 April, 2019 Expansion Stake Investment
Egypt Egypt’s Brimore raises $800,000 in seed fund Source: Menabytes Cairo-based direct-selling distribution platform Brimore has raised $800,000 in a seed funding round, the startup... News • 02 April, 2019 Distribution manufacturing Investment
Regional How investors can support entrepreneurship in the Middle East and North Africa The potential for entrepreneurship in the region is high, based on digital consumption and a startling increase in investment funding for... Thought Leadership • 04 April, 2019 Investment Venture Capital
Egypt Egyptian e-sports company GBarena raises seed funding Source: Menabytes Giza-based esports and gaming community GBarena has raised seed funding from HIMangel, the startup announced today.... News • 27 March, 2019 E-sports Investment
Palestine Ibtikar Fund invests in Receet Palestine’s Ibtikar Fund announced its investment in Receet, a mobile application that provides digital receipts in business... News • 25 March, 2019 fund Investment digital
U.A.E Dubai-based VentureSouq invests in Hello Verify Source: VC Circle Worker screening platform Hello Verify India Pvt. Ltd has raised an undisclosed amount in funding from multiple... News • 13 March, 2019 Investment VentureSouq
Saudi Arabia Saudi on-demand delivery startup Mrsool raises multi-million Series A Source: Menabytes Riyadh-based on-demand delivery startup Mrsool has raised a multi-mullion (US Dollar) Series A round led by... News • 12 March, 2019 VC Investment Delivery
Egypt Algebra Ventures partners with Ezdehar to invest in Dsquares Egypt’s Algebra Ventures has partnered with Ezdehar Management firm to invest in Dsquares, a loyalty solutions provider. The... News • 12 March, 2019 b2c Investment management
Saudi Arabia Saudi’s Elm announces investment in Syarah Source: Menabytes Elm, a leading Saudi information technology company that is owned by country’s sovereign wealth fund, PIF, has... News • 11 March, 2019 Investment E-commerce
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... News • 04 March, 2019 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... News • 04 March, 2019 Fintech Funding Investment
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... News • 25 February, 2019 on-demand laundry Investment
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,... News • 19 February, 2019 Investment E-commerce
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... News • 14 February, 2019 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,... News • 12 February, 2019 Investment fitness Sports
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... News • 10 February, 2019 Investment Doctor online