Wamda

Egypt

i'SUPPLY closes pre-Series A round led by Disruptech

Egypt-based B2B medtech i‘SUPPLY has secured a pre-Series A round, which brings the company’s total funding to $2.5 million...

i'SUPPLY Disruptech Ventures medtech

Egypt

The Potcast Productions secures follow-up investment from IMP

Egypt-based podcast production company “The Potcast Productions Company” (TPP) has closed a pre-Seed funding round with...

The Potcast Productions TPP podcast

U.A.E

Tenderd secures $30 million Series A led by A.P. Moller

UAE-based contech Tenderd has closed a $30 million Series A funding round, led by A.P. Moller Holding, along with new investors,...

Tenderd contech

Qatar

Rasmal Ventures launches $100 million debut VC fund

Qatar-based VC firm Rasmal Ventures LLC has launched its first home-grown fund to drive innovation and investment in Qatar and the MENA...

Rasmal Ventures

Saudi Arabia

Saudi Arabia’s Tahdir closes $270,000 pre-Seed round

Saudi Arabia-based edtech Tahdir has closed a pre-Seed funding round of $270,000 from a group of angel investors. Founded by Mohammed...

Tahdir EdTech

Kuwait

Waves closes investment round co-led by BNK Capital, Aujan Enterprises

Kuwait-based traveltech Waves has closed an investment round for an unknown amount, co-led by BNK Capital and Aujan...

Waves traveltech

Egypt

Egypt’s Sahl closes dual rounds at $6 million

The Cairo-based fintech Sahl has raised $6 million in Series A and seed funding rounds, led by Ayady for Investment and Development,...

Sahl Fintech

U.A.E

Elevate to increase MENA presence after securing $5 million pre-Series A

Elevate, a London and Dubai-based fintech, has raised $5 million in a pre-series A investment round, according to the company's...

Elevate Fintech

U.A.E

UAE’s proptech Stake closes $14 million Series A

UAE-based proptech Stake has raised $14 million in a Series A funding round, led by MEVP Middle East Venture Partners (MEVP), along with...

Stake Proptech Mubadala Investment Company

U.A.E

qeen.ai closes $2.2 million pre-Seed led by Wamda Capital

UAE-based AI startup qeen.ai has secured a $2.2 million pre-Seed funding round, led by Wamda Capital, with participation from...

qeen.ai Wamda Capital AI

Saudi Arabia

SiFi closes $10 million Seed led by Sanabil Investments, RAED Ventures

Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has closed a $10 million Seed round. The round was led by...

SiFi Simplified Financial Solutions Company Raed Ventures

Regional

MENA startups raise $282 million in May 2024, recording 413% MoM growth

The investment value in the Middle East and North Africa (MENA) region experienced a substantial surge in May 2024. A total of 40 MENA...

Investment Infograhpic

U.A.E

Growdash closes Seed round at $1.8 million

UAE-based martech startup Growdash has raised $1.8 million in a Seed round, led by Oryx Fund and Oraseya Capital. Founded in 2022 by...

Growdash Oryx Fund

Saudi Arabia

Rethink Education invests in Saudi edtech Aanaab

Saudi Arabia-based edtech Aanaab has raised an investment from US-based edtech VC Rethink Education. The value remains...

Rethink Education Aanaab

Saudi Arabia

Saudi agritech iyris secures $16 million Series A round

Saudi Arabia-based agritech iyris has closed a $16 million Series A funding round, led by Ecosystem Integrity Fund (EIF) and supported...

iyris agritech EIF

Morocco

Morocco’s YoLa Fresh closes $7 million pre-Series A round

Morocco-based agritech YoLa Fresh has secured a $7 million pre-Series A funding round, led by Al Mada Ventures with participation from...

YoLa Fresh agritech Algebra Ventures

Saudi Arabia

Kingdom Holding participates in Musk’s xAI $6 billion Series B round

Saudi Arabia’s Kingdom Holding, owned by Saudi billionaire Prince Alwaleed bin Talal, has taken part in the $6 billion Series B...

Kingdom Holding xAI Elon Musk

U.A.E

GrubTech raises $15 million Series B led by Jahez

UAE-based foodtech startup GrubTech has raised $15 million as part of its Series B round and extension of Series A, led by Jahez and...

GrubTech Jahez

Saudi Arabia

TVM Capital Healthcare launches $250 million Saudi-focused Afiyah Fund

UAE-based healthcare private equity firm “TVM Capital Healthcare” has closed a $250 million Afiyah Fund LP, led by JADA,...

TVM Capital Healthcare Afiyah Fund Healthcare

U.A.E

Holo raises new funding round, eyeing KSA expansion

UAE-based proptech Holo has raised an undisclosed pre-Series A funding round, led by DFDF and Oryx Fund, along with Aditum Investment...

Holo Proptech

Regional

Shorooq Partners launches second private credit fund with initial close of $100 million

UAE-based alternative investment manager Shorooq Partners has announced the first close of its $100 million second private credit fund,...

Shorooq Partners IMM Investment Global

Saudi Arabia

BIM Ventures, SBI Holdings to launch $100 million fund to back Saudi startups

Saudi Arabia-based VC studio BIM Ventures has partnered with Japan’s SBI Holdings to launch a $100 million joint investment...

BIM Ventures MISA SBI Holdings

U.A.E

UAE's Huspy obtains fresh investment to develop a SuperApp

UAE-based proptech Huspy has raised a fresh investment round led by Balderton Capital, with further participation from existing investor...

huspy Proptech

Egypt

OneOrder raises $16 million Series A to propel GCC expansion plans

Egypt-based logistics startup OneOrder has raised $16 million in a Series A round in a mix of equity and debt, led by Delivery Hero...

OneOrder Delivery Hero Ventures

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