Wamda

Kuwait

Yahaal raises Series A investment

Kuwait-based e-commerce platform Yahaal has raised a Series A round from Seeds Partner and AlMutamaiz International Company. The...

E-commerce

Bahrain

Investcorp invests in India's Xpressbees

Source: Reuters Bahrain’s Investcorp said on Sunday it has made an investment in Xpressbees, an Indian logistics startup, as part...

Investcorp ecommerce Series E

Global

Mubadala Capital leads $35 million investment round in Sweden's FirstVet

Source: Crunchbase Swedish startup FirstVet is expanding its on-demand video consultation platform in the United States after...

Mubadala Capital FirstVet

Saudi Arabia

Western Union buys $200 million stake in STC Pay

Source: Bloomberg Western Union Co. acquired a 15% stake in stc pay, a unit of Saudi Telecom Co. that’s focused on...

Western Union STC Pay Fintech

U.A.E

Fruitful Day raises $817, 000 in funding

UAE-based fresh food delivery company Fruitful Day, has secured Dh3 million ($817,000) via equity crowdfunding platform,...

Fruitful Day Fresh food delivery Crowdfunding

Egypt

Argineering raises $200,000

Source: WAYA Argineering, the award-winning tech company, raised more than $200,000 through their Kickstarter campaign exceeding their...

Argineering Crowdfunding Flat6Labs Cairo

U.A.E

Foodtech challenge awards $1 million grant to four startups

Four startups were selected to share a $1 million grant as part of the Tamkeen Foodtech Challenge. Out of 12 finalists, it was Saudi...

UAE Food Security Office tamkeen Catalyst accelerator

Saudi Arabia

Immensa Technology acquires Saudi-based Shakl3D and LayLabs

UAE-based 3D printing solution provider Immensa Technology Labs, has acquired two Saudi Arabia-based companies: Shakl3D and LayLabs. The...

Immensa Technology 3Dprinting

Regional

Fenix launches in the UAE after $3.8 million seed round

Fenix, the latest UAE-based micro mobility startup has raised $3.8 million in seed funding. Founded by the former Careem executive...

micromobility Fenix e-scooter

Egypt

Wuilt raises $535,000 seed

Egypt-based software as a service (SaaS) startup Wuilt, has raised a $535,000 seed round from UK-based MENA Technology Fund, DAAL VC along...

SAAS Wuilt Flat6Labs Cairo

Tunisia

Onboard raises $175,000

Tunisia-based software as a service (SaaS) startup Onboard has raised $175,000 in funding, from Kepple Africa Ventures and other individual...

SAAS Onbaord seed

U.A.E

App4Legal raises pre-Series A investment

Dubai-based legal-tech company App4Legal, has secured a pre-Series A funding round from Hong Kong-based Betatron Venture Group (Betatron)...

Legaltech Dubai Angel Investors App4Legal

Morocco

Outlierz Ventures invests in three African startups

Source: Ventureburn The three selected tech-enabled startups will utilise the funding received from Outlierz Venture to transform...

healthtech Outlierz Ventures Fintech

Egypt

ExpandCart raises $2.5 million in Series A

Egypt-based e-commerce and retail company ExpandCart, has raised a $2.5 million Series A round led by Sawari Ventures, with participation...

Expand Cart Ecomemrce and retail Covid19

Saudi Arabia

Vision Ventures invests in RedBox

Saudi Arabia-based venture capital (VC) firm Vision Ventures has invested in smart locker startup RedBox. The announcement was made earlier...

Vision ventures RedBox smart locker

U.A.E

Sehteq acquires Dawa Express for $3 million

UAE-based health insurance startup Sehteq is set to acquire Dawa Express for $3 million with the transaction to be completed by the first...

healthtech M&A

U.A.E

ADIO allocates AED 152 million to agritech startups

Source: WAM The Abu Dhabi Investment Office, ADIO, announced individual partnerships with Pure Harvest Smart Farms, Pure Harvest,...

agritech Pureharvest ADIO

Pakistan

Mena-based angel investors invest in Pakistan's Conatural

Source: Profit Magazine Pakistan’s natural and organic skin and hair care brand, Conatural, has raised $825,000 in a Pre-Series A...

Beauty startups Angel Investment Conatural

U.A.E

DIFC’s Innovation Hub to support Dubai’s future economic growth

Source: WAM The innovation mandate has expanded for the Dubai International Financial Centre, DIFC, the leading global financial centre...

DIFC Fintech MEASA

Egypt

Ibnsina Pharma acquires 3elagi Tech

Egypt-based pharmaceutical firm Ibnsina Pharma has acquired a 75 per cent stake in its compatriot digital pharmacy marketplace 3elagi...

Ibnsina pharma 3elagi tech healthtech

Global

Mubadala invests in TIER

Source: Reuters SoftBank Group Corp’s Vision Fund 2 has led a $250 million investment in Berlin-based e-scooter company Tier...

TIER micromobility e-scooter

Regional

Distichain and Markit peer-selected for investment

UAE-based e-commerce and e-procurement platform Distichain and Lebanon-based on-demand grocery delivery service Markit are set to receive...

Distichain Markit Finance Forward Mena 2020

U.A.E

Brand Ripplr raises $1 million in Series A

UAE-based influencer and marketing platform Brand Ripplr, has raised $1 million Series A investment from Dubai Angel Investors and other...

Digital Marketing Brand Ripplr Dubai Angel Investors

Global

Library21 MEA acquires UK's Inspirational Development Group

Source: Arab News Library21 MEA Holdings Limited, a UAE-based education technology (edtech) company, has announced the acquisition of...

Library21 MEA Inspirational Development Group EdTech

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