Wamda

Egypt

Egypt’s Pharmacy Marts secures bridge round from Acasia Ventures

Egypt-based healthtech Pharmacy Marts has raised a six-figure bridge round, led by Acasia Ventures. Founded in 2021 by Ahmed Kadous,...

Acasia Ventures Pharmacy Marts healthtech

Bahrain

Receiptable secures pre-Seed round from HP Spring Studios

Bahrain-based fintech Receiptable has raised a pre-Seed round for an unknown amount, led by HP Spring Studios, a venture fund that is...

Receiptable HP Spring Studios Fintech

Oman

Zameeli raises equity crowdfunding via Mamun platform

Oman-based platform Zameeli, which connects local freelancers with SMEs, has closed its equity crowdfunding via Omani fintech...

Zameeli Mamun Crowdfunding

Saudi Arabia

Saudi foodtech Barakah raises investment from FoodLabs

Saudi Arabia-based foodtech startup Barakah has raised an undisclosed funding round from German-based VC FoodLabs, marking its first...

Barakah FoodLabs foodtech

Jordan

ISSF increases investment in Propeller's second fund

Jordan’s Innovative Startups and SMEs Fund (ISSF) has increased its commitment to Propeller's second fund, to be increased...

ISSF Propeller Propeller Ventures II

Saudi Arabia

SVC invests $30 million in Olive Rock Partners Fund I

Saudi Venture Capital Company (SVC) has pledged $30 million to the first fund of UAE-based private equity firm Olive Rock Partners, as...

SVC Olive Rock Partners

Morocco

Tookez raises $1.5 million to solidify position in Moroccan market

Morocco-based fintech Tookeez has secured $1.5 million in a funding round led by Azur Innovation Fund. Founded in 2020 by Hicham...

Tookeez Azur Innovation Fund Fintech

Morocco

Morocco’s ORA Technologies closes $1.5 million Seed round

Morocco-based superapp ORA Technologies secured $1.5 million in seed funding from local entrepreneurs. Founded in 2023 by Omar Alami,...

Ora Technologies super app

U.A.E

Traveltech Seeru closes undisclosed pre-Seed round

UAE-based traveltech Seeru has raised a pre-Seed funding round at an undisclosed amount, led by the US-based venture studio Nabtah...

Seeru traveltech Nabtah Ventures

Saudi Arabia

Gulf Capital partners with RDIA to deploy $100 million in Saudi tech sector

UAE-based investment firm Gulf Capital has partnered with the Saudi Research Development and Innovation Authority (RDIA) to deploy over...

Gulf Capital RDIA

Egypt

Egyptian B2B healthtech 30Med secures pre-Seed round

Egypt-based B2B healthtech 30Med has raised pre-Seed funding for unknown value from anonymous angel investors. Founded in 2023 by...

30Med healthtech

Saudi Arabia

Grintafy secures funding from Chiliz to speed up Web3 transition

Saudi Arabia-based sportstech Grintafy has raised an undisclosed investment amount from Chiliz. Founded in 2019 by Majdi Allulu,...

Grintafy Sportstech Chiliz

Saudi Arabia

Kitchenara secures $380,000 funding to boost operational growth

Saudi Arabia-based foodtech Kitchenara has raised $380,000 in investment from unnamed regional angel investors. Founded in 2023 by...

Kitchenara foodtech

Saudi Arabia

Rakeez Capital closes $2 million Seed round led by Core Vision

Saudi Arabia-based B2B fintech Rakeez Capital has closed a Seed investment round of $2 million, led by Core Vision...

Rakeez Capital Core Vision

Kuwait

Kuwait’s Mojo raises seven-figure Seed round

Kuwait-based social commerce Mojo has raised a seven-figure Seed round, led by existing pre-Seed investors, Joa Capital and Emkan...

Mojo social commerce

Jordan

Numa partners with Visa to accelerate expansion into Saudi Arabia

Jordan-based fintech Numa has partnered with Visa, including a strategic investment to propel Numa’s plans to expand into Saudi...

NUMA Fintech Visa

Saudi Arabia

Tawaref Series: A blueprint for foreign investment success in Saudi Arabia

Although Saudi Arabia has gained considerable momentum as one of the hottest hubs for entrepreneurship, actually securing the first riyal...

Tawaref

Egypt

dKilo secures $3.2 million seed round from Upturn Ventures

Egypt-based adtech dKilo has secured $3.2 million in seed funding, mix of equity and financing, from Upturn Ventures, Founded in...

dKilo Upturn Ventures adtech

Saudi Arabia

Mazadak secures $10 million investment led by Revival Lab

Saudi Arabia-based bidding platform Mazadak has secured $10 million in funding, led by Revival Lab and a group of family...

Mazadak Revival Lab Leap24

U.A.E

Zeroe secures Seed investment boost, pushing total funding to $2.3 million

UAE-based cleantech Zeroe has raised a Seed investment boost provided by the VOYAGERS ClimateTech Fund, taking the total raise to $2.3...

Zeroe Cleantech VOYAGERS ClimateTech Fund

Saudi Arabia

Bahrain’s Arcapita launches $500 million logistics fund in Saudi Arabia

Bahrain-based investment management firm Arcapita Capital, a subsidiary of Arcapita Group, has closed $500 million KSA Logistics Fund...

Arcapita Capital Logistics Leap24

Saudi Arabia

Rabeh raises $800,000 Seed round

Saudi Arabia-based fintech Rabeh Financial has closed a $800,000 Seed investment round during LEAP 2024, in collaboration with Mjalis...

Rabeh Fintech Leap24

Saudi Arabia

Saudi Arabia deploys $120 million to boost gaming, esports industry

Saudi Arabia’s National Development Fund (NDF) and the Social Development Bank (SDB) will jointly establish two venture capital...

National Development Fund Social Development Bank Gaming and Esports Financing Programme

Saudi Arabia

Zetta Technologies closes $1.5 million pre-Seed

Saudi Arabia-based device as a service (DaaS) provider Zetta Technologies has closed a $1.5 million pre-Seed round led by Core...

Zetta Technologies DaaS Core Vision

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you