Wamda

Global

Mubadala invests in China's Xpeng Motors

Source: CNBC Chinese electric car maker Xpeng Motors has raised $400 million ahead of an initial public offering (IPO) in the U.S., two...

Mubadala Capital Xpeng Motors tesla

U.A.E

Sheraa, CE-Ventures grant $190,000 to 11 startups

Source: Trade Arabia Sharjah Entrepreneurship Center (Sheraa) and CE-Ventures have disbursed more than AED700,000 ($190,560) in...

Sheraa CE-Ventures Covid19

Egypt

ElGameya raises pre-seed investment

Egypt-based financial technology (fintech) startup ElGameya, has raised a six-figure investment in a pre-seed round led by AUC Angels, with...

elGameya AUC Angels CairoAngles

U.A.E

Conektr raises $800,000 in pre-Series A

Source: WAYA Conektr, a Dubai-based digital lower trade, groceries, and HORECA marketplace platform has raised $800,000 in a...

grocery stores GCC Series A

Egypt

Dresscode raises six-figure in seed funding

Source: WAYA Dresscode, a Cairo-based e-commerce retail startup has raised USD six digits in Seed funding from Egypt Ventures. DC is...

Dresscode ecommerce etailer

Global

NAR technologies acquired by US-based B3Bar Holdings

Beirut-based startup NAR Technologies, a portfolio company of Leap Ventures, has been acquired by US-based B3Bar. Founded by Charlie El...

Leap Ventures NAR technologies Speed accelerator

Qatar

Qatar SportsTech launches EntelaQ pre-accelerator programme

Source: Menafn Qatar SportsTech (QST), a leading startup accelerator and hub for innovative sportstech companies in Qatar, has announced...

Qatar Sportstech

Kuwait

Savour VC invests in Turkey’s FineDine

Kuwait-based food vertical accelerator Savour has participated in a $600,000 seed round raised by Turkey-based digital ordering and...

FineDine Savour VC

Morocco

ASMA Invest invests in SMGF

Morocco-based institutional investor ASMA Invest has invested in SEAF Morocco Growth Fund (SMGF). The amount raised...

ASMA invest early stage

Global

Foundation Holdings invests in India's Toppr

Source: Vccircle Toppr Technologies Pvt. Ltd, which runs an eponymous ed-tech startup, has raised Rs 350 crore ($46 million) in its...

EdTech Toppr

Oman

Cubex Global raises $1 million in seed funding

Source: Arab Finance Muscat-based digital marketplace for ocean freight Cubex Global has raised $1 million in a seed round led by Oman...

Cubx Global Seed funding

Lebanon

Nucleus Ventures launches programme to support Lebanon startups

Lebanon-based Nucleus Ventures has launched a seed programme to support early-stage Lebanese entrepreneurs. The Nucleus programme will...

Nucleus Ventures Lebanosse Enterprise and Employment Program

Egypt

Drowzy secures six-figure funding from UAE Angel Investor

Source: Afrikanheroes UAE Angel Investor has made a six-figure investment in Cairo-based direct-to-consumer (D2) furniture and home...

Drowzy UAE angel investor

Global

Lemonade Fashion raises pre-seed investment

Lebanese-US online peer-to-peer (P2P) fashion marketplace Lemonade Fashion, has raised pre-seed investment from Draper University Ventures...

Lemonade fashion peer-to-peer marketplace

Iraq

Lezzoo closes seven figure seed round

Source: Iraq Business News Northern Gulf Partners, a frontier market investment firm, and California-based Pay It Forward Venture...

Lezzoo Online delivery ecommerce

U.A.E

Fetchr raises $15 million to expand to Saudi Arabia

Source: Bloomberg Fetchr secured at least $15 million in fresh funding to expand in Saudi Arabia as part of a turnaround plan that...

Fetchr Last mile delivery

Egypt

Rology raises investment from Dubai Angel Investors

Egypt-based healthtech startup Rology, has raised investment from Dubai Angel Investors. The amount raised was not...

Rology Dubai Angel Investors healthtech

Global

Abu Dhabi Capital Group invests in China's MissFresh

Source: Reuters Chinese online grocery startup MissFresh said on Thursday it has raised $495 million in its latest round of...

MissFresh Abu Dhabi Capital Group

U.A.E

Volvo Cars Tech Fund invests in blockchain firm Circulor

Source: Trade Arabia Trading Enterprises, the exclusive distributor of Volvo cars in the UAE, has announced that Volvo Cars has made an...

Volvo Cars

Global

Insider closes $32 million Series C

Wamda portfolio company Insider has closed a $32 million Series C funding round led by Riverwood Capital and joined by Sequoia India, Wamda...

Insider wamda

Kuwait

HOT Technologies raises $1.1 million in seed funding

Kuwait-based e-fitness startup HOT Technologies, has raised $1.1 million in seed funding from a cluster of regional angel...

HOT Technologies efitness Covid19

Tunisia

IntiGo raises more than $1 million

Source: Zawya Tunisian ride-hailing and logistics startup IntiGo has raised a little over $1 million (TND 2.9 million) in fresh funds,...

IntiGo Capsa Capital Partners ride hailing

U.A.E

Eve virtual raises $1 million in seed funding

Source: WAYA Eve virtual – MENA’s first virtual hosting platform announced it has raised $1 million in a seed funding...

Eve virtual 3Dprinting

Morocco

KoolSkools raises MAD 4 million

Source: Maroc Numric Fund KoolSkools is raising MAD 4 million, including MAD 3 million from Maroc Numeric Fund II and MAD 1 million from...

Maroc Numeric Fund KoolSkools elearning

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