Wamda

U.A.E

Zywa closes $1 million pre-Seed round backed by Y Combinator

UAE-based fintech Zywa has closed a $1 million pre-Seed round for its teen neobank, backed by Y Combinator alongside other investors...

Zywa Y Combinator

Bahrain

Lumofy receives $500,000 investment from Hope Ventures

Bahrain-based edtech Lumofy has raised $500,000 from Hope Ventures, alongside Saudi angel Investors, in addition to JEO Capital...

Lumofy Hope Ventures Beban

U.A.E

UDENZ raises $150.000

UAE-based dental clinic appointment management platform UDENZ has raised $150,000 in a debt round from Global Ventures and angel...

Udenz health tech

Saudi Arabia

Saudi fintech SiFi closes pre-Seed round led by Khwarizmi Ventures

Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has raised an undisclosed pre-Seed round led by Khwarizmi...

Fintech expenses

Pakistan

Wamda participates in Truck It In’s $13 million Seed round

Wamda has participated in Pakistan-based Truck It In’s $13 million Seed round which was was co-led by Global Founders Capital and...

Logistics Truck It In

Global

SWVL raises additonal $21.5 million in PIPE funding

UAE-based mobility solutions provider SWVL has raised an additional $21.5 million in private investment in public equity (PIPE) deal as...

Swvl

Saudi Arabia

Fashion marketplace Taffi raises $2 million Seed round

Saudi Arabia-based fashion marketplace Taffi has raised a $2 million Seed round, led by Impact46 & Al-Rashed Group (ARG), with...

Taffi Impact46

Saudi Arabia

Saudi AI startup Mozn raises $10 million Series A funding

Saudi Arabia-based AI company Mozn has raised $10 million in Series A funding, led by Raed Ventures with participation from Shorooq...

Mozn Artificial intelligence Raed Ventures

Saudi Arabia

Khwarizmi Ventures closes $70 million fund to invest in MENAP startups

Saudi Arabia-based Khwarizmi Ventures has completed the second closing of its current fund with a value of $70 million to fuel...

Khwarizmi Ventures MENAP

U.A.E

Datacultr raises $1 million Seed

UAE-based fintech has raised a $1 million Seed funding round, led by London-based Sturgeon Capital, along with Seedstars...

Fintech

Egypt

Nawah Scientific raises funding from CASF

Egypt-based life science startup Nawah Scientific has raised an undisclosed sum from the Cairo Angels Syndicate Fund...

Nawah Scientific

Saudi Arabia

Saudi Aramco launches $1 billion Prosperity7 Ventures fund

Saudi Arabia’s Aramco has launched Prosperity7 Ventures, a $1 billion global VC fund, with a long-term view to supporting the...

Aramco Prosperity7 Ventures VC fund

Egypt

Funeral services platform SOKNA raises $1 million Seed round

Egypt-based funeral services startup SOKNA has closed a $1 million Seed round with participation from Mentors Fund, SBX Capital, ACE...

Funeral Services Sokna

Saudi Arabia

Saudi dark store Nana raises $50 million

Saudi Arabia-based dark store Nana has raised $50 million in a round led by FIM Partners and STV, bringing the total funding to $80...

Saudi Arabia Nana

U.A.E

Letswork acquires Portugal-based Krow

UAE-based shared spaces marketplace Letswork has acquired Portugal-based Krow, marking the startup's first expansion outside its...

Letswork

Egypt

Egypt’s Yalla Fel Sekka raises $7 million Series A

Egypt-based logistics and quick commerce startup Yalla Fel Sekka has raised a $7 million Series A round, led by ADQ’s venture...

Yalla Fel Sekka Logistics E-commerce

Saudi Arabia

Female-focused edtech Playbook raises $700,000

KSA-based edtech Playbook has raised a $700,000 pre-Seed round, led by 500 Global, Sanabil Investments, Faith Capital, Women Spark...

Saudi Arabia Playbook EdTech

Saudi Arabia

Retailo raises $36 million in Series A

Saudi Arabia-based B2B marketplace Retailo has raised a $36 million mixed equity and debt Series A round. The equity funding...

Retailo

U.A.E

UAE-based Takalam raises $1 million pre-Seed round

UAE-based healthtech Takalam has raised $1 million in a pre-Seed round, led by Emirates Angels members, along with Nowaisi Investments,...

Takalam healthtech mental health

U.A.E

Alpha Wave Global invests in Moglix's $250 million Series F funding

India-based logistics startup Moglix has raised $250 million in Series F funding round, at a valuation of $2.6 billion, led by Tiger...

Moglix Logistics E-commerce

U.A.E

Qlub raises $17 million Seed round

UAE-headquartered fintech Qlub has raised a $17 million Seed round, co-led by Cherry Ventures and Point Nine, with participation...

Fintech

Kuwait

COFE App acquires UAE's Sippy Beans

Kuwait-based online coffee marketplace COFE App has announced the acquisition of UAE-based Sippy Beans, as part of the company's...

COFE

Egypt

Brimore raises $25 million in Series A

Egypt-based social commerce platform Brimore has raised a $25 million Series A round, led by the International Finance Corporation (IFC)...

Brimore

Iraq

Rocket Internet-backed Iraqi super app Baly raises $10.5 million

Iraq-based super app Baly, backed by Germany’s Rocket Internet has closed a Seed round of $10.5 million from Kingsway Capital, MSA...

super app iraq

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