Wamda

U.A.E

IoT startup iWire raises $34 million Series A round

UAE-based internet of things (IoT) startup iWire has raised a $34 million Series A funding round, led by Noor Capital with participation...

iWire IoT

U.A.E

Postpay secures $10 million investment from AP Ventures and Afterpay

Dubai-based buy now pay later (BNPL) startup Postpay has secured $10 million in equity investment, led by AP Ventures and...

BNPL Postpay Fintech

Bahrain

UAE’s Shorooq Partners acquires Bahrain’s Autarky Capital

UAE-based venture capital firm Shorooq Partners has acquired Bahrain-based investment and advisory firm Autarky Capital for an...

Shorooq Partners Autarky Capital acquisition

U.A.E

UAE’s Cashee raises $1 million pre-Seed

UAE-based fintech startup Cashee raised a $1 million pre-Seed funding round. Founded by Smeetha Ghosh and Brad Whittfield, Cashee...

Cashee EdTech Fintech

Saudi Arabia

Saudi Arabia’s Tamer Group acquires majority stake in Mumzworld

Saudi Arabia’s Tamer Group, a healthcare distributor and logistics company has acquired a majority stake in UAE-based e-commerce...

acquisition news Mumzworld

Jordan

Jordan's Edunation raises $3 million

Jordan-based edtech startup Edunation has raised $3 million in a round led by Rubix. Founded in 2013 by Firas Jabbour and Mahmud...

EdTech Edunation Jordan

Egypt

Egypt’s Minly raises a $3.6 million Seed round

Egypt-based social media startup Minly has secured a $3.6 million Seed fund, co-led by 4DX Ventures, B&Y Venture Partners, Global...

Minly Egypt

U.A.E

eyewa closes $21 million Series B

UAE-based eyewa has closed its Series B funding round, raising $21 million. The round was co-led by Kingsway and Nuwa Capital, with...

eyewa series B

Egypt

zVendo, PayTabs Egypt, valU collaborate to launch Baraka Group's first online shopping platform

Egypt-based e-commerce enabler zVendo, e-payment solution providers PayTabs Egypt, and EFG Hermes-backed valU are collaborating to...

zVendo paytabs EFG Hermes

Egypt

MNT enters share swap deal with super app Halan

Netherlands-based MNT Investments BV has entered a share swap agreement with Egypt-based super app Halan. The deal is expected to...

Halan super app BNPL

Palestine

EIB backs Palestinian startups with a $50 million grant to Bank of Palestine

The European Investment Bank (EIB) announced a $50 million grant to the Bank of Palestine to support the Palestinian private...

palestine smes EIB

U.A.E

Alma Health receives investment from Oryx Fund

Abu Dhabi-based healthtech startup Alma Health has secured investment led by Hambro Perks’ Oryx Fund, alongside strategic angel...

uae healthtech Alma Health

Global

Floward raises $27.5 million in Series B

Kuwait-based flowers and gifts marketplace Floward, has raised $27.5 million in a Series B funding round led by STV with participation...

Floward Floral markerplaces ecommerce

U.A.E

tabby raises $50 million in debt financing from Partners for Growth

Dubai-based buy now pay later (BNPL) startup tabby has raised $50 million in debt financing from Partners for Growth. Founded...

BNPL Tabby

Saudi Arabia

NearMotion receives follow-on investment from Wa’ed

Saudi Arabia-based digital mapping and navigation startup NearMotion has received follow-on investment from Aramco’s...

NearMotion Navigation ksa

Saudi Arabia

Saudi fintech Tweeq closes funding round led by STV, Raed Ventures

Riyadh-based fintech platform Tweeq has raised an undisclosed funding round, co-led by STV and Raed Ventures. Founded in 2020 by...

Fintech Tweeq

Regional

Watheeq launches $26.7 million proptech fund

Saudi Arabia-based investment management and financial advisory company Watheeq Financial Services, has launched SAR 100 million ($26.7...

Proptech Watheeq

Egypt

Egypt's Trella raises $42 million in debt and equity

Cairo-based digital freight marketplace Trella has raised $42 million in a funding round comprising $30 million in new equity and...

Trella Egypt

Global

Localized raises $2.2 million Seed round

US-headquartered Localized, a platform that connects job seekers in the Middle East and North Africa (Mena) region with local and...

Localized Job listing seed

U.A.E

Beehive receives Dh30 million in grant from EDB to finance UAE SMEs

UAE institutional investor, Emirates Development Bank (EDB) has granted peer-to-peer (P2P) lending platform Beehive, Dh30 million...

beehive EDB p2p

U.A.E

The Luxury Closet raises $14 million

UAE-based The Luxury Closet has raised $14 million in a round led by GMP Investments, with participation from regional and...

The Luxury Closet

Lebanon

BASMA raises $3 million Series A round to scale operations in Mena and GCC

Lebanon-founded direct-to-consumer (D2C) digital dental startup BASMA, has raised a $3 million Series A funding round, led by...

Basma digital healthcare Series A

Saudi Arabia

FloraNow acquires AstraFarms' flower distribution business

Dubai-based B2B floral marketplace Floranow has acquired Saudi Arabia-based distribution business of Saudi...

Astra Farms Floranow Floral markerplaces

U.A.E

Hub71 and Modus Capital launch venture builder in Abu Dhabi

Abu Dhabi’s tech ecosystem Hub71 joins US-based VC and venture builder Modus Capital to launch Ventures Lab in the UAE,...

Hub71 abu dhabi

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