Wamda

Saudi Arabia

Mithu secures $500,000 pre-Seed from Adaverse

Saudi Arabia-based loyalty platform aggregator Mithu has raised a $500,000 pre-seed round backed by the Web3 venture builder...

Mithu Adaverse

U.A.E

Yuze secures $30 million investment to fuel regional expansion

UAE-based fintech Yuze has raised $30 million in investment led by Osten Investments. Founded in 2022 by Rabih Sfeir, Yuze...

Yuze Fintech Osten Investments

Kuwait

Kuwait’s Kem secures $3 million investment from Tether

Kuwait-based fintech Kem has raised a $3 million investment from Tether, bringing the total investment Kem raised to date to $4.5...

Kem Fintech Tether

U.A.E

MealPlanet raises $6 million Seed led by MEVP

UAE-based foodtech MealPlanet has secured $6 million in a Seed round, led by regional Middle East Venture Partners (MEVP), AlTouq Group,...

MealPlanet MEVP foodtech

Saudi Arabia

Saudi Arabia’s Athir raises new investment round

Saudi Arabia-based healthtech Athir has raised its first investment funding round at an undisclosed amount, backed by Wa’ed...

Athir Wa'ed Ventures

Regional

MENA startups raise $355 million in July 2024, recording 206% MoM growth

The amount invested in the Middle East and North Africa (MENA) startups rebounded in July 2024, recording $355 million raised by...

Investment

Saudi Arabia

TWLM secures $270,000 investment to strengthen position in Saudi Arabia

Saudi Arabia-based food pick-up app TWLM has raised $270,000 in investment, led by B Group with contributions from angel...

TWLM f&b

Egypt

Egyptian fintech Lucky ONE raises $3 million in convertible note

Egypt-based fintech Lucky ONE has raised $3 million in a convertible note from Lorax Capital Partners, KEM, DisrupTech Ventures and...

Lucky ONE Fintech Lorax Capital Partners

Egypt

Egypt’s T-Vencubator launches new initiative to fund five local startups

Egypt-based VC-incubator T-Vencubator has launched its inaugural initiative "Where's the Problem?" to back the Egyptian...

T-Vencubator

Saudi Arabia

Saudi Arabia’s Blend closes $1.3 million pre-Seed round

Saudi Arabia-based SaaS provider Blend has raised $1.3 million in a pre-Seed investment round, backed by an undisclosed group of angel...

Blend SAAS

Egypt

Egypt’s Qardy secures seven-digit pre-Seed

Egypt-based fintech Qardy has raised a USD seven-figure pre-Seed round, invested by White Field Ventures, Vastly Valuable Ventures,...

Qardy Fintech White Field Ventures

U.A.E

Oraseya Capital invests in seven startups through SANDBOX accelerator

UAE-based SANDBOX, the accelerator programme backed by Oraseya Capital, has celebrated the graduation of seven startups as part of its...

Oraseya Capital Sandbox accelerator

Saudi Arabia

Saudi deeptech Intelmatix scores $20 million Series A

Saudi Arabia-based deeptech AI company Intelmatix has closed a $20 million Series A funding round, led by Shorooq Partners and joined by...

Intelmatix Deep-tech AI

Egypt

Cartona closes $8.1 million Series A in a mix of debt, equity

Egypt-based B2B e-commerce platform Cartona has raised $8.1 million in a Series A extension fundraise, led by Algebra Vent...

Cartona E-commerce Algebra Ventures

Egypt

Educatly concludes $2.5 million funding round

Egypt-based edtech Educatly has secured a new funding round of $2.5 million led by TLcom Capital and Plus VC. The round also saw...

Educatly EdTech TLcom Capital

U.A.E

Watermelon Ecosystem bags $4 million Series A

UAE-based F&B e-commerce platform Watermelon Ecosystem has closed a $4 million Series A funding round, led by undisclosed investors,...

Watermelon Ecosystem f&b E-commerce

Egypt

MNT-Halan acquires Tam Finans, extending its reach into Turkey

Egyptian fintech MNT-Halan has acquired Tam Finans, a Turkey-based commercial finance company in Turkey. Terms of the transaction were...

MNT-Halan

Egypt

Synapse Analytics secures $2 million to propel expansion plans

Egypt-based AI startup Synapse Analytics has raised $2 million in investment led by Silicon Badia. Synapse Analytics, part of Hub71...

Synapse Analytics silicon badia Hub71

Saudi Arabia

Velents AI secures investment from Women Collective

Saudi Arabia-based SaaS providr Velents AI has raised an investment round, for an unknown amount, from Women Collective. Founded...

HRtech SAAS Velents AI

Iraq

Iraq’s EQIQ leads Corrsy’s $500,000 pre-Seed round

Iraqi VC firm EQIQ has led a pre-Seed round of the Finnish edtech Corrsy, which stands at $500,000. EQIQ, founded by Mohamed Al-Hakim,...

EQIQ Ventures Corrsy EdTech

U.A.E

UAE’s fintech Mamo lands $3.4 million investment

UAE-based fintech Mamo has raised a $3.4 million funding round, provided by existing investor 4DX Ventures and the Dubai Future District...

Mamo 4DX Ventures Fintech

U.A.E

Pathfinder secures $325 million investment prior to NASDAQ debut

UAE-HQ retail technology solutions provider Pathfinder has raised an investment of $325 million from Silver Rock Group, ahead...

Pathfinder Silver Rock Group

Jordan

ISSF pledges $5 million to Oasis500's second fund

Jordan’s Innovative Startups and SMEs Fund (ISSF) has increased its commitment to Oasis Ventures II fund (OVII) managed by...

ISSF Oasis500 OVII

U.A.E

Shorooq Partners leads Zyp Technologies $1.5 million pre-Series A

UAE-based VC fund Shorooq Partners has led a $1.5 million in pre-Series A round in Pakistan’s mobility startup Zyp Technologies,...

Zyp Technologies Shorooq Partners mobility

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