Wamda

Egypt

Egypt’s Halan raises multi-million Series A

Source: MENAbytes Cairo-based Halan has raised a multi-million Series A round from international investor Battery Road Digital Holdings...

Series A Investment

Lebanon

Lebanon’s Kamkalima raises $1.5 million Series A

Source: MENAbytes Lebanese EdTech startup Kamkalima has raised $1.5 million in Series A funding from Beirut-based Phoenician...

Series A financing

Global

Chinese mobile internet company to boost its presence in the MENA region following a Series A round

OneMena, a China-based mobile internet company, has recently raised a Series A financing round led by IDG Capital and Kuaishou, the latter...

Onemena china MENA

Saudi Arabia

Insurance startup Aqeed raises $18 million, launches officially

Having raised a USD $18 million from its corporate shareholders in a landmark Series A round of funding, Aqeed.com, an insurance aggregator...

Aqeed Series A

Saudi Arabia

Riyadh-based startup Syarah raises $2 million from BECO Capital, Raed Ventures and Vision Ventures

Riyadh-based startup Syarah closed a new round of USD $2 million in investment in Series A. The round was led by BECO Capital, as...

Investment Series A

Egypt

Egyptian online fashion rental platform raises $1M from Algebra Ventures and 500 Startups

La Reina, an Egyptian online platform for rental couture, announced receiving $1 million in a Series A funding round led by Egypt’s...

Egypt La Reina Algebra Ventures

U.A.E

Dubai-based certified car marketplace raises another $1M

CarSwitch.com, the UAE’s first marketplace for certified cars, has secured an additional $1 million investment led by Dubai Angel...

uae carswitch.com marketplace

Regional

UAE startups attracted $400 million of VC funding in 2017

2017 witnessed 134 funding deals of 129 startups in 12 countries across the MENA, which brought in around $475 million worth of...

MENABytes Dubai MENA

Regional

UAE’s maid-booking startup Justmop secures Series A funding

Maid-booking startup Justmop in the UAE has recently raised a Series A of funding, led by venture capital firm VentureFriends, along with...

Justmop fundraising Series A

Kenya

Wamda Capital cofunds Kenyan B2B food supply platform

Twiga Foods, the Kenyan business-to-business food supply platform announced today that it has successfully raised a Series A funding...

Twiga Wamda Capital Kenya

Egypt

IFC invests in Algebra Ventures, Flat6labs Cairo funds

New Egyptian venture fund Algebra Ventures has announced the first closing at $40 million. The fund, first announced in June, plans to...

Algebra Ventures Egypt SysDsoft

Egypt

EAEF reinvests in Egypt’s Smartcare Medical Services

Smartcare Medical Services in Egypt has secured another 12 million Egyptian pounds (US$762,000) from the Egyptian-American Enterprise Fund,...

Smartcare Medical Services Egypt Series A

Regional

Series A investment: when, how, who? [Know your VC]

In the growth cycle of a startup the Series A round can be a critical hurdle, but investors say there is a lot startups can do to...

Series A Investment Venture Capital

U.A.E

Bayzat closes $3.6M Series A, seeks to reform UAE health insurance

Bayzat, a Dubai based technology company offering health insurance and HR solutions, has closed a $3.6 million Series A round led by BECO...

Bayzat BECO Capital Series A

Regional

Holidayme.com secures $7M funding, a boost for regional travel industry

UAE online travel agency Holidayme.com has raised $7 million in Series A funding from Silicon Valley-based Accel Partners, Saudi...

Travel holidayme Geet Bhalla

Iran

Iran startup Snapp raises $22M Series A

Iranian ride sharing startup Snapp has secured a 20 million euro (US$22 million) Series A investment. The deal, reported in Tech...

Snapp Iran Internet Group Rocket Internet

U.A.E

Reserveout raises $4M Series A

Dubai-based Reserveout announced on Sunday that it has raised a Series A round of over $4 million led by regional VC firm Silicon...

announcement ReserveOut silicon badia

Regional

Wadi.com raises $67M Series A

Ecommerce platform Wadi.com announced yesterday the closing of a $67 million Series A funding round led by Al Tayyar Group. The...

Wadi.com Al Tayyar Group Series A

Lebanon

Scriptr announces $4M Series A

Rabih Nassar during an interview with Wamda. (Image via Wamda) scriptr.io, the cloud platform for internet of things (IoT) solutions,...

Berytech Fund Scriptr.io announcement

U.A.E

UAE's JadoPado raises $4M Series A

JadoPado CEO Omar Kassim. (Image via ResellerME.com) Online marketplace JadoPado has sold a 14.8 percent equity stake for $4 million,...

JadoPado acquisition Series A

U.A.E

Taskspotting app raises $1.2M Series A round

Market research app Taskspotting has announced the closing of their Series A round, to the tune of $1.2 million, led by Mena Venture...

Mena Venture Investments Series A Investment

Egypt

Yaoota raises $2.7M Series A from UAE's KBBO

Yaoota cofounders Sherif ElRakabawy and Mohamed Ewis (Image via Rachel Williamson) Egyptian startup Yaoota has landed a $2.7 million...

yaoota Series A Egypt

U.A.E

UAE-based online property sites get Series A from iMENA

Apartment hunting online - a growing sector for the Middle East. (Image via JustProperty.com) JRD Group, parent company to UAE-based sites...

online classifieds iMENA Group JustRentals.com

Egypt

Egypt startups attract wave of foreign VCs

Egyptian entrepreneurs are finally beginning to attract foreign investors, with jobs site Wuzzuf the latest to close a major Series A...

piton capital vostok new ventures instabug

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