Wamda

Egypt

Egypt’s Naqla raises $10.5 million pre-Series A

Egypt-based logistics platform Naqla, has raised $10.5 million in a pre-Series A round led by El Sewedy Capital Holding (SCH), Hassan...

Naqla freight

U.A.E

AHOY raises $20 million

UAE-based logistics startup AHOY has raised $20 million in a fresh funding round from undisclosed investors. Founded in 2018 by Jamil...

AHOY

U.A.E

tabby raises $54 million from Sequoia Capital India and STV

UAE-based buy now pay later (BNPL) tabby, has raised $54 million led by Sequoia Capital India and STV, with additional participation...

Tabby BNPL Fintech

Egypt

Chefaa secures undisclosed venture round

Egypt-based healthtech Chefaa has raised an undisclosed venture round from Newtown Partners and Global Brain as well as GMS Capital...

Newtown Partners Chefaa Global Brain

Iraq

Iraqi edtech IoT-Kids raises five-figure investment

Iraq-based edtech IoT-Kids has raised a five-figure investment from Earthlink Telecommunications through the Iraqi Angel Investors...

IoT-Kids EdTech

Saudi Arabia

Saudi proptech Aqarito raises $767,000 in crowdfunding round

Saudi Arabia-based proptech Aqarito has raised $767,000 in a crowdfunding round, through the Scopeer crowdfunding platform. Founded in...

aqarito Proptech

Morocco

Chari acquires Axa Credit for $22 million

Morroco-based B2B e-commerce startup Chari, has acquired Axa Credit, the credit line of Axa Assurance, in a deal worth $22...

Chari

U.A.E

UAE’s Mindshift Capital takes part in Rebel Girls’ $13 million round

UAE-based VC Mindshift Capital, has taken part in the $13 million funding round of US-based edtech Rebel Girls, alongside other VCs...

Mindshift Capital Rebel Girls

Saudi Arabia

Deal App raises $2.4 million pre-Series A round

Saudi Arabia-based proptech Deal, has raised $2.2 million in pre-Series A funding led by Alsoliman Real Estate, Wallan Group, Salem...

Proptech Deal app

U.A.E

Pluto raises $6 million Seed round

UAE-based fintech Pluto announced its emergence from stealth mode with a $6 million Seed round, led by Global Founders...

Pluto

Egypt

Kouncel raises $1.2 million in pre-Seed funding

Egypt-based legal edtech Kouncel has raised $1.2 million a pre-Seed round led by Zaldi Capital for investment, the African Development...

Kouncel Zaldi Capital

U.A.E

Alaan raises $2.5 million Seed round

UAE-based fintech Alaan has raised $2.5 million in Seed funding, led by 468 Capital, Global Founders Capital and Presight Capital with...

Alaan Fintech

Saudi Arabia

Saudi-based Funding Souq raises $2.5 million Seed

Saudi Arabia-based crowdfunding platform Funding Souq, has raised a $2.5 million Seed round with participation from angel investors...

Fintech Crowdfunding

Egypt

Careem invests in Egypt’s elmenus

Egypt-based food delivery app elmenus has raised an undisclosed amount of funding from Careem. Founded in 2011 by Amir Allam, elmenus...

careem ElMenus

Egypt

Milezmore raises $5 million pre-Seed round from Brimore

Cairo-based logistics provider Milezmore has raised a $5 million pre-Seed round from Brimore, a social commerce startup based in...

Brimore Milezmore

Egypt

Milango acquires proptech startup Circle

Egypt-based community management software Milango has acquired proptech startup Circle. The acquisition will help Milango to add more...

Proptech

Egypt

FreshSource raises Seed round to cut food loss in Egypt

For Egypt, agriculture is one of its most critical sectors, accounting for more than 11 per cent of its gross domestic product (GDP) and 28...

FreshSource food waste agritech

Saudi Arabia

ORO raises pre-Seed investment from Nama Ventures

Riyadh-based B2B auto repair maintenance startup ORO has raised an undisclosed pre-Seed funding round from Nama Ventures. Founded by ...

Nama Ventures

U.A.E

Kaso raises investment from Y Combinator

UAE-based B2B e-commerce platform Kaso (formerly Elkaso), has raised investment from Y Combinator. The startup has also appointed...

KASO

Egypt

Egypt launches $50 million VC programme to support tech startups

Egypt has launched a $50 million venture capital programme to finance new and existing investment funds, in collaboration with the World...

MSMEDA world bank

U.A.E

Mashreq bank invests in NymCard

UAE-based fintech NymCard has raised investment from Mashreq bank. The amount raised was not disclosed. Founded in 2018 by Omar Onsi,...

NymCard Mashreq

U.A.E

UAE’s EMPG invests in Pakistani Daftarkhwan

UAE-based Emerging Markets Property Group (EMPG) has invested Seed capital in Pakistan’s Daftarkhwan. The amount invested was not...

EMPG Daftarkhwan

Egypt

OneOrder launches after raising $1 million Seed

OneOrder, an Egypt-based marketplace that connects resturants to suppliers, has launched after raising $1 million in a round led by...

OneOrder

Global

UAE-based angel investors invest in IMAN's $1 million Seed round

A group of UAE-based angel investors has participated in Uzbek-based fintech startup IMAN's $1 million Seed round. The round...

IMAN

Thought Leadership

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

Thank you