Wamda

Global

KBW Ventures invests in Rebellyous Food’s $9.5 million round

UAE-based KBW Ventures, founded by HRH Prince Khaled bin Alwaleed bin Talal Al Saud, has invested in a $9.5 million equity round for...

KBW Ventures

Regional

COREangles launches COREangels MEA to invest in startups in the Middle East, Africa

COREangels, a global community of angel funds and investors has launched the COREangels MEA to target investments in early-stage...

COREangels

Saudi Arabia

Saudi mobility startup Telgani closes $6 million Series A round

Saudi Arabia-based mobility startup Telgani has closed a $6 million Series A funding round, co-led by Hala Auto and Elm...

Telgani Hala Auto Elm Company

U.A.E

SANTECHTURE raises investment from Shorooq Partners and Gulf Capital

UAE-based healthtech SANTECHTURE has raised investment from Gulf Capital (GC) and Shorooq Partners. The amount raised was not...

SANTECHTURE Shorooq Partners Gulf Capital

Egypt

Mobile Masr raises $500,000 Seed round

Egypt-based e-commerce platform Mobile Masr has raised a $500,000 Seed round from a group of angel investors based in the UAE and Qatar,...

MobileMasr

U.A.E

EIB backs $150 million Middle East Venture Fund IV

Middle East Venture Partners (MEVP) has secured a $27 million commitment from the European Investment Bank (EIB) for its $150 million...

MEVP

U.A.E

YOUGotAGift raises $3 million from Tenami Capital

UAE-based corporate e-gifting platform YOUGotAGift has raised $3 million from newly launched investment platform Tenami...

yougotagift

Saudi Arabia

Flat6Labs launches $20 million Startup Seed Fund in Saudi Arabia

Flat6Labs has finished the first close of its $20 million “Startup Seed Fund” in Saudi Arabia, with the participation of the...

Flat6Labs Startup Seed Fund

Saudi Arabia

BIM Ventures invests in WeDeliver

Saudi Arabia-based logistics provider WeDeliver has raised a pre-Series A round from BIM Ventures during the LEAP 2023...

BIM Ventures WeDeliver Delivery

Saudi Arabia

Aion Digital raises $5 million bridge round led by Fintactics Ventures

Bahrain-based fintech Aion Digital has raised $5 million in a bridge round led by Fintactics Ventures, a $40 million fintech-focused...

Aion

Saudi Arabia

Marn raises $1 million post-Seed round

Saudi Arabia-based HR tech startup Marn, has closed a $1 million post-Seed round, led by Sukna Ventures and with participation from...

Marn HR solutions Sukna Ventures

Egypt

Yodawy raises $16 million in initial close of Series B round

Egypt-based healthtech startup Yodawy has raised $16 million in the first close of its Series B round, bringing the total amount raised...

Yodawy healthtech

Regional

Mena startups raised $103 million in January 2023

Startups in the Middle East and North Africa (Mena) raised $103 million in January 2023 across 22 deals, a 17 per cent decline...

investments

Saudi Arabia

Nana raises $133 million in a Series C round led by Kingdom Holding

Saudi Arabia-based dark store grocery delivery startup Nana, has raised $133 million in a Series C funding round led by Kingdom Holding...

Nana e-grocery dark stores

Morocco

Moroccan agritech Sand to Green raises $1 million Seed round

Morocco-based agritech Sand-to-Green has raised a $1 million Seed funding round from Norwegian Katapult and pre-Seed fund...

Sand to Green agritech

Saudi Arabia

STV launches $150 million Total Growth investment platform

Saudi Arabia-based investment firm STV announced during the LEAP 23 Conference the launch of its Total Growth platform, anchored by...

LEAP 23 STV

Saudi Arabia

IMPACT46 launches $133 million Fund

Saudi Arabia-based VC firm IMPACT46 has launched a new SAR500 million ($133 million) fund to invest in technology startups in Saudi...

Impact46 Venture Capital

Saudi Arabia

palm.hr closes $5 million pre-Series A round

Saudi Arabia-based HR tech platform palm.hr, has closed a $5 million pre-Series A round co-led by Speedinvest and RAED Ventures, with...

Palm.hr Raed Ventures Wamda Capital

Egypt

Gameball raises $3.5 million Seed round

Egypt-based marketing CRM platform Gameball, has closed a $3.5 million Seed round led by 500 Global, Africa-focused funds P1 Ventures...

Gameball 500 Global

Regional

Floward raises $156 million in pre-IPO Series C round

Floward, an online flower and gift delivery platform, has raised $156 million in a pre-IPO Series C round led by Aljazira Capital,...

Floward

Yemen

Yemen’s Tawseel raises investment from Numu Capital

Yemen-based food delivery startup Tawseel has secured investment from Numu Capital, a Dubai-based early-stage venture capital firm, the...

Tawseel Numu Capital

Saudi Arabia

Wa’ed Ventures invests in Roots Ventures

Wa’ed Ventures, the VC arm of Aramco, has invested in Revival Lab to launch its venture builder Roots Ventures. The investment...

Wa'ed Vnetures Roots Ventures Aramco

U.A.E

NoSQL startup WeaveDB raises $900,000 pre-Seed round

UAE-based database startup WeaveDB, has raised a $900,000 pre-Seed round, led by Permanent Ventures, along with Web3 investors: IOSG...

WeaveDB

Morocco

Moroccan fintech Gwala secures pre-Seed funding

Morocco-based fintech startup Gwala has raised an undisclosed pre-Seed round. Gwala was founded in 2022 by Mossaab Abaouz, with the...

Gwala

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