Wamda

U.A.E

Fitness app Fit On Click raises $1.5 million pre-Series A round

UAE-based fitness startup Fit On Click has closed a $1.5 million pre-Series A funding round led by Arrow Capital. Founded in 2017, by...

Fit On Click ARROW CAPITAL

Lebanon

FabricAID raises $1.6 million with participation from Wamda

FabricAID, a Lebanon-based social enterpris,e has raised a $1.6 million Seed round from Wamda and Alfanar. Founded in 2017 by Omar...

circular economy Fabricaid

Saudi Arabia

Dawul raises $5 million in Seed round led by RAED Ventures

Saudi Arabia-based social trading platform Dawul has raised $5 million in a Seed round led by RAED Ventures with participation from...

Dawul Raed Ventures Seedra Ventures

Saudi Arabia

Saudi Arabia’s Squadio raises Seed round from SEEDRA Ventures

Saudi Arabia-based HR platform Squadio, has raised its Seed funding round from Riyadh-based SEEDRA Ventures. Founded in 2019 by Khaled...

Squadio Seedra Ventures

Saudi Arabia

FOODICS acquires Jordan's POSRocket

Saudi Arabia-based fintech and foodtech startup FOODICS has fully acquired the Jordan-based POS service provider POSRocket for an...

Foodics posrocket

Kuwait

Q-commerce startup Fiz raises $2.5 million in pre-Seed

Kuwait-based e-grocery delivery startup Fiz has raised a $2.5 million pre-seed round, led by the Taken Seat and Relish Venture Partners,...

kuwait FIZ

Regional

REEF to launch cloud kitchens across Mena

REEF Technologies, a US-based operator of delivery kitchens, logistics and proximity hubs, has announced plans to launch cloud kitchens...

Reef technology Cloud kitchens

Bahrain

Al Waha Fund of Funds invests in VentureSouq's fintech-focused Fund

Bahrain’s Al Waha Fund of Funds has invested in VentureSouq’s fintech fund, an early-stage fund that aims to...

VentureSouq

Regional

Mena startups raised $206 million in December 2021

Startups in the Middle East and North Africa region (Mena) raised $206 million in December 2021 across 44 deals, a 27.5 per cent decrease...

Investment

U.A.E

Verofax raises $1.5 million in pre-Series A round

UAE-based blockchain provider Verofax Limited has raised $1.5 million in its pre-Series A round, led by Benson Oak Ventures, with 500...

Verofax Blockchain

Saudi Arabia

Saudi startup Kleen raises $533,000 pre-Seed round

Saudi Arabia-based laundry services provider Kleen has closed a SAR2 million ($533,000) a pre-Seed round with the participation of Share...

Kleen Share Investment

Egypt

B2B e-commerce Gahez raises $2 million pre-Seed round

Egypt-based e-commerce Gahez has raised a $2 million pre-Seed round, led by Disruptech Ventures with participation from Egypt Ventures,...

Gahez Disruptech Ventures Fashion

Egypt

Three edtechs raise funding from EdVentures, ASRT

Egypt-based edtechs OBM Education, Super Fny and Crafty Workshop have raised fresh funding from EdVentures and The Academy of...

EdTech EdVentures

Jordan

Jafarshop raises funding from Nama Ventures

Jordan-based home improvement and gardening platform Jafarshop, has raised an undisclosed amount in a pre-Seed funding round...

Jaafar Shop Home gardening

U.A.E

Nice to Meet You raises $1 million Seed

UAE-based digital authentication startup Nice to Meet You (NTMY), has raised a $1 million Seed round to hire new talent and...

Nice to Meet You Digital authentication startups

Jordan

Jordan's edtech Hello World Kids raises pre-Series A round

Jordan-based Hello World Kids, an online coding tutoring platform, has raised an undisclosed pre-Series A funding round...

EdTech Hello World Kids

Egypt

Aumet acquires Egypt's Platform One

Jordan-born and US-headquartered B2B healthcare marketplace Aumet has acquired Egypt-based healthcare supply chain solutions startup...

Aumet Paltform one

Morocco

Agenz raises $540,000 Seed round

Morocco-based property valuation startup Agenz, has raised a $540,000 (DH5 million) Seed round from Azur Innovation Partners. Founded...

Proptech Agenz

Jordan

Jordan-based Dawatech raises Seed round

Jordan-based healthtech Dawatech has raised a seven-digit Seed round, led by Access Bridge Ventures, with participation from ISSF and...

Dawatech healthtech Access Bridge Ventures

Saudi Arabia

Riyadh-based Shuttle raises $1 million led by Impact46

Saudi Arabia-based freight and logistics startup Shuttle has closed a SAR3.75 million ($1 million) Bridge to Seed round led by Impact46...

Shuttle Impact46

U.A.E

CARS24 raises $300 million Series G round led by Alpha Wave

Abu Dhabi's Alpha Wave has led a $300 million Series G round for India's used cars marketplace CARS24. The round also saw...

CARS24 Alpha Wave

Oman

Oman’s Akeed raises $2.5 million Series A round

Oman-based food delivery app Akeed Delivery has raised $2.5 million in a Series A round, backed by Phaze Ventures and IDO (Sovereign...

Akeed IDO Phaze Ventures

U.A.E

SimpliFi raises $5.1 million in funding to enhance its technology

UAE-based Cards as a Service (CaaS) platform for Mena and Pakistan SimpliFi, has raised $5.1 million in funding, from Global Founders...

SimpliFi CaaS Ra'ed Ventures

Saudi Arabia

Jahez sets final offer price for IPO at $226 per share

Saudi online food delivery platform Jahez has announced its initial public offering price on the Saudi parallel exchange market Nomu at...

Jahez

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