Wamda

Saudi Arabia

SVC invests $10 million in Ruya Private Capital I to back Saudi SMEs

The private credit fund Ruya Private Capital I LP, run by Ruya Partners, has received a $10 million investment from Saudi Venture...

Ruya Private Capital I LP Ruya Partners SVC

Saudi Arabia

Saudi proptech Ejari closes $1 million pre-Seed round

Saudi Arabia-based proptech Ejari has closed a $1 million pre-Seed round, led by Sanabil 500 MENA and Hambro Perks' Oryx Fund, with...

Ejari Proptech Sanabil 500

Saudi Arabia

Democrance raises investment from Wa’ed Ventures to fund Saudi expansion

Democrance, a UAE-headquartered insurtech company, has raised a funding round from Wa’ed, the venture capital arm of Saudi Aramco....

Wa’ed Ventures Democrance

U.A.E

Neo Mobility secures $10 million Seed funding

UAE-based electric vehicle (EV) last mile startup Neo Mobility has raised a $10 million Seed round from Delta Corp Holdings, Pyse...

Neo Mobility Last mile EV

U.A.E

UAE proptech Keyper raises $6.5 million Seed round

UAE-based proptech Keyper has raised a $6.5 million Seed round, led by Access Bridge Ventures and Vivium Holdings, with participation...

Keypey

U.A.E

Nomad Homes raises $20 million Series A round

UAE-based proptech Nomad Homes, has closed a $20 million Series A extension round, led by Acrew Capital. Founded in 2019 by Damien...

Nomad homes Proptech

U.A.E

Belong raises $1.5 million pre-Series A round

UAE-based social app Belong (formerly ASKWHO) has raised a $1.5 million pre-Series A round, bringing its total capital raised to $3.5...

Belong Social App

Saudi Arabia

Core Vision acquires stake in the Chairman Group

Saudi Arabia-based venture capital firm Core Vision has acquired a stake in The Chairman Group, a holding group with five diversified...

CoreVision

Tunisia

Anava invests $5 million in Titan Seed Fund I to support Tunisian startups

Tunisia’s Anava fund of funds, run by Smart Capital, has pledged a $5 million investment in the Titan Seed Fund I, which is...

Anava Titan Seed Fund I

U.A.E

Cleantech Olive Gaea raises $1 million investment

UAE-based cleantech Olive Gaea has secured $1 million in funding from Cornerstone Venture. Founded in 2021 by Vivek Tripathi, Olive...

Olive Gaea Cornerstone Venture Cleantech

Egypt

Egyptian edtech Crafty Workshop raises $400,000 Seed from EdVentures

Egypt-based edtech Crafty Workshop has secured $400,000 in a Seed funding round led by EdVentures. Founded in 2019 by Hadeer Shalaby...

Crafty Workshop EdVentures EdTech

Saudi Arabia

Saudi fintech Takadao raises $1.6 million pre-Seed led by Draper Associates

Saudi Arabia-based fintech Takadao has raised a $1.6 million pre-Seed round, led by Silicon Valley-based investor Tim Draper, along with...

Takadao Draper Associates Fintech

U.A.E

XPANCEO raises $40 million Seed to launch AR contact lenses

UAE-based deep tech startup XPANCEO, has raised a $40 million Seed round, led by Hong Kong-based Opportunity Ventures (Asia). Founded...

XPANCEO Deep-tech Opportunity Ventures

Global

Tribal Credit renews $150 million debt facility to expand to Saudi Arabia

US-based fintech company, Tribal Credit, has renewed its $150 million debt facility from Partners for Growth (PFG), a global specialty...

Tribal credit

U.A.E

UAE’s gifting marketplace Share the Love raises Seed funding

UAE-based gifting e-commerce platform, Share the Love, has raised a Seed round from a group of angel investors. Founded in 2020 by...

Share the Love

U.A.E

Mindshift Capital invests in US healthtech MDisrupt

UAE and US-based gender-lens VC fund Mindshift Capital has taken part in the $3 million Seed funding round of US healthtech MDisrupt,...

healthtech Mindshift Capital MDisrupt

Iraq

Iraqi e-commerce startup Orisdi secures bridge investment

Iraq-based e-commerce platform Orisdi, raised a six-figure bridge round of investment in August 2023, from Al Sharqiya TV Group and...

Orisdi E-commerce

Saudi Arabia

Cycls raises $1 million pre-Seed round

Saudi Arabia-based AI startup Cycls has raised $1 million in pre-Seed funding from angel investors. Founded in 2021 by Mohammed...

Cycls AI

U.A.E

UAE’s Zest Equity raises $3.8 million Seed led by MEVP

UAE-based fintech Zest Equity has raised $3.8 million in Seed funding, led by Middle East Venture Partners (MEVP) with participation...

Zest Equity MEVP Fintech

U.A.E

Travel startup Dharma raises $4.7 million pre-Series A round

UAE-based travel management platform Dharma, has raised a $4.7 million pre-Series A funding round led by San Francisco-based...

Dharma Travel Convivialite Ventures

U.A.E

UAE’s App4Legal raises seven-figure funding round

UAE-based legaltech App4Legal, has raised a seven-figure funding round led by UAE-based Aditum Ventures. Founded in 2015 by Feras El...

App4Legal Legaltech Aditum Ventures

Egypt

Amenli raises $1 million equity funding round

Egypt-based insurtech Amenli, has closed a new $1 million equity funding round led by Alter Global with participation from Qatar...

Amenli Insurtech

Regional

Mena startups raised $36 million in September 2023

Startups in the Middle East and North Africa raised $36 million in September across 36 deals, a 64 per cent drop in value month-on-month...

investments

Egypt

Acasia Ventures leads pre-Seed round in Senegal’s Lengo AI

Egypt-based VC firm Acasia Ventures has led a pre-Seed investment round in Senegal-based SaaS startup Lengo AI, co-led by Ventures...

Acasia Ventures Lengo AI AI

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