Wamda

Jordan

Capifly raises $1 million pre-Seed round

Jordan-based fintech Capifly has raised a $1 million pre-Seed funding round from investors including Oasis500, BLDR Ventures, Joa...

Capifly Fintech

Palestine

TAP raises $1 million Seed round led by Wamda Capital

The Netherlands-based and Palestine-focused accelerator Talent Acceleration Platform (TAP) has closed a $1 million Seed round, led by...

Talent Acceleration Platform TAP Wamda Capital

Saudi Arabia

Saudi Jisr closes $30 million Series A by Merak Capital

Saudi Arabia-based human resources platform Jisr, has closed a $30 million Series A round from Merak Capital. Founded in 2016 by...

Jisr HRtech Merak Capital

Egypt

Intella secures $3.4 million pre-Series A round led by HALA Ventures, Wa’ed

Saudi Arabia-headquartered Egyptian deeptech startup Intella, has closed a $3.4 million pre-Series A funding round, led by HALA Ventures...

Intella HALA Ventures Wa'ed Vnetures

Egypt

MoneyHash secures new investment from GitHub’s founder

US-headquartered Egyptian fintech MoneyHash, has secured new funding from Tom Preston-Werner, co-founder of GitHub, as part of an...

MoneyHash GitHub

U.A.E

BILRS raises pre-Seed investment from Haatch

UAE-based fintech BILRS has raised a pre-Seed investment from Haatch for an unknown amount. Founded in 2022 by Rupert Shaw, BILRS...

BILRS Haatch Fintech

Regional

P1 Ventures completes first close of second fund at $25 million

US-based and pan-African VC fund P1 Ventures has completed the first $25 million close of its second fund. Founded in 2020 by Mikael...

P1 Ventures VC fund

U.A.E

Cypherleak raises $750,000 Seed round

UAE-based cyber risk monitoring and scoring startup Cypherleak, has closed a $750,000 Seed round from investors based in Abu Dhabi,...

Cypherleak cyber security

U.A.E

Fanzword secures $1.2 million pre-Seed led by XVC Tech

UAE-based e-sports startup Fanzword has raised a $1.2 million pre-Seed round led by XVC Tech and other regional angel...

Fanzword XVC Tech

U.A.E

Zero Carbon Ventures closes $5 million Seed investment

UAE-based cleantech Zero Carbon Ventures has raised a $5 million Seed funding round, from Emirati businessman and member of Dubai's...

Zero Carbon Cleantech

U.A.E

Web3 startup Cultos Global secures new funding

UAE-based Web3 startup Cultos Global, has raised an undisclosed investment round from the founder and CEO of Boat Sameer Mehta, founder...

Cultos Global Web 3.0

U.A.E

Fuze closes $14 million Seed round

UAE-headquartered digital assets infrastructure provider Fuze, has raised a $14 million Seed round, led by Abu Dhabi-based Further...

Fuze Further Ventures

Jordan

Jordan’s DigiZag raises Series A funding

Jordan-based digital advertising and performance marketing startup DigiZag, has secured a seven-figure Series A funding round from the...

DigiZag Marketing SME Investment Fund

U.A.E

DIEZ launches innovations accelerator in partnership with MIT

Dubai Integrated Economic Zones Authority (DIEZ) has partnered with the Massachusetts Institute of Technology (MIT) to launch the MIT...

MIT

Saudi Arabia

Wa’ed Venture co-leads Mighty Buildings’ $52 million Series B round

Saudi Arabia’s Wa’ed Venture, the VC arm of Aramco, has co-led a $52 million Series B round in the US-based...

Wa'ed Vnetures Aramco Mighty Buildings

Saudi Arabia

SVC invests $5 million in VentureSouq’s fintech fund

UAE-based VentureSouq has raised $5 million from Saudi Venture Capital (SVC). The investment will go towards VentureSouq’s...

VentureSouq SVC Fintech

Saudi Arabia

Logistics startup Equiptal raises $1 million to fuel growth

Equiptal, a Saudi-Arabia-based logistics startup, has raised a $1 million pre-Seed round from Plug and Play Middle East and a group of...

Equiptal

Saudi Arabia

Barakah raises $1.5 million Seed round for its food waste solution

Saudi Arabia-based foodtech startup Barakah has raised a $1.5 million Seed round led by Hambro Perks Oryx Fund, with participation from...

Barakah

U.A.E

GAM3S.GG raises $2 million Seed round

UAE-based Web3 gaming platform GAM3S.GG, has closed a $2 million Seed funding round, led by Mechanism Capital with the participation...

GAM3S.GG Gaming

Regional

Mena startups raised $101 million in August 2023

Startups in the Middle East and North Africa region (Mena) raised $101 million across 26 deals, a six per cent increase month-on-month in...

investments

U.A.E

Pulsar Capital acquires controlling stake in TruDoc

Pulsar Capital has acquired a majority stake in UAE-based healthtech TruDoc. Founded in 2011 by Raouf Khalil, TruDoc is a telehealth...

TruDoc Pulsar Capital healthtech

U.A.E

myZoi raises$14 million, obtains regulatory licences

UAE-based fintech myZoi has raised $14 million from SC Ventures and SBI Holdings. Founded in 2022 by Christian Buchholz and Syed...

myZoi SC Ventures Fintech

Egypt

ariika raises Series A round from Beltone for 20 per cent stake

Egypt-based home décor e-commerce platform ariika has closed a Series A equity funding round, secured from Beltone Venture...

ariika Beltone E-commerce

Morocco

Moroccan edtech Smartprof raises investment from Fuze

Morocco-based edtech Smartprof has raised investment from Fuze. The amount raised was undisclosed. Founded in 2018 by Homza Faiz and...

SmartProf EdTech Fuze

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