Wamda

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

Saudi Arabia

Saudi Arabia’s TechMal closes $1 million pre-Seed

Saudi-Arabia based fintech TechMal has raised $1 million in a pre-Seed investment round, led by Al Majidiya Investment Company alongside...

TechMal Proptech

U.A.E

Ogram closes new round to accelerate KSA expansion plans

UAE-based HRtech Ogram has raised a new round for an undisclosed to enhance its expansion plans in Saudi Arabia. The round was led by...

Ogram HRtech Oraseya Capital

Egypt

Egypt’s MNT-Halan raises $157.5 million to propel expansion plans

Egypt’s MNT-Halan has raised $157.5 million in funding, featuring contributions of $40 million from the International Finance...

MNT-Halan Fintech

Egypt

Kemitt expands into Saudi Arabia bolstered by new funding round

Egypt-based e-commerce for furniture has expanded into Saudi Arabia, following an undisclosed funding round. Founded in 2018 by...

Kemitt E-commerce

Saudi Arabia

OTO secures $8 million Series A led by Sanabil Investments

Saudi Arabia-based logistics platform OTO has raised $8 million in a Series A funding round, led by Sanabil Investments, with...

OTO Logistics Shipping

Egypt

Egypt’s Dopay secures $13.5 million Series A extension round

Egypt-headquartered fintech Dopay has closed a $13.5 million Series A extension round, topping up a previous $18 million Series A round...

Dopay Fintech Argentem Creek Partners

U.A.E

Swyt raises undisclosed Seed funding

UAE-based IT solutions provider Swyt has concluded an undisclosed Seed round. Founded in 2022 by Edouard Bouvet, Swyt offers an...

Swyt IT solutions

U.A.E

Tokinvest raises $500,000 pre-Seed to accelerate market penetration

UAE-based tokenisation platform Tokinvest has raised $500,000 in pre-Seed funding from several investors, including Michael Ourabah, CEO...

Tokinvest Tokenisation

U.A.E

UAE’s Sentient Labs secures $85 million Seed round

UAE-based Web3-focused startup Sentient Labs has raised a $85 million Seed investment round, co-led by Pantera Capital, and Framework...

Sentient Labs Web 3.0 AI

Oman

Oman’s climatetech 44.01 closes $37 million Series A round

Oman-based climatetech 44.01 has closed a $37 million Series A funding round, led by Equinor Ventures with Shorooq Partners, as well as...

44.01 Cleantech Climatetech

Jordan

ISSF injects $5 million Global Ventures’ third fund to support Jordanian startups

Jordan’s investment fund, the Innovative Startups and SMEs Fund (ISSF), has invested $5 million in Global Ventures’ Fund...

ISSF Global Ventures

U.A.E

Maalexi raises $1 million investment from Stride Ventures

UAE-based Maalexi agriculture-focused fintech Maalexi has raised a $1 million venture debt from Stride Ventures. Founded in 2021...

Maalexi Stride Ventures Fintech

Regional

MENA startups raise $116 million in June 2024, bringing H1 total to $882 million

Investment activity in MENA’s startup space slowed down in June 2024, as 38 tech startups raised $116 million, bringing the half-year...

Investment

Egypt

EdVentures invests $400,000 in Egypt’s El Kheta

Egypt-based edtech startup El Kheta has raised a $400,000 investment from EdVentures. Founded in 2019 by Mohamed Mahmoud, El Kheta...

EdVentures El Kheta EdTech

Saudi Arabia

Saudi Arabia’s Jeel attracts new seven-figure investment

Saudi Arabia-based edutainment platform Jeel has raised a seven-figure funding round from RZM Investments and angel...

Jeel RZM Investments

Iraq

Iraq’s Alsaree3 Closes 7-figure Series A round

Iraq-based food delivery app Alsaree3 has raised a seven-figure Series A funding round, from investors including Iraq Venture Partners...

Alsaree3 Iraq Venture Partners Snoonu

Egypt

Connect Money raises $8 million Seed round

Egypt-based fintech Connect Money has closed its Seed funding round of $8 million led by Disruptech Ventures and Algebra...

Connect Money Fintech Algebra Ventures

Jordan

ISSF injects $2 million in VentureSouq second fund

Jordan’s Innovative Startups and SMEs Fund (ISSF) has invested $2 million in VentureSouq Fund II, managed by the UAE-based VC fund...

VentureSouq ISSF

Egypt

HSBC to back fintech in Egypt with $31 million fund

HSBC Egypt is planning to launch a fund worth EGP 1.5 billion ($31.5 million) to back the fintech sector in the North African...

HSBC Fintech

U.A.E

UAE’s Now Money closes $4 million equity round

UAE-based fintech NOW Money has closed a $4 million equity round. The investment completes the second round of funding for the Company...

now money Fintech

U.A.E

Qstay secures $4.6 million pre-Series A round

UAE-based hospitality platform Qstay has raised $4.6 million in a pre-Series A funding round, through a combination of conventional and...

Qstay hospitality

U.A.E

Polynome Group launches $100 million fund to invest in AI startups

UAE-based event management company Polynome Group has announced a $100 million fund to invest in AI startups. The fund will invest in...

Polynome Group AI

Iraq

Iraq’s Orisdi lands six-figure bridge round

Iraq-based e-commerce platform Orisdi has raised a six-figure bridge round of investment, backed by existing investors, including Al...

Orisdi E-commerce

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