Wamda

Qatar

Qatar’s Pass secures $2.7 million in its pre-Series A

Qatar-based delivery app Pass has raised $2.7 million in its pre-Series A funding round from undisclosed investors. Launched by the...

Pass Logistics

Saudi Arabia

Wa’ed Ventures earmarks $100 million to invest in Saudi AI sector

Aramco’s $500 million VC fund, Wa’ed Ventures, has allocated $100 million for early-stage AI investments to support...

Wa'ed Ventures Aramco AI

Saudi Arabia

TGE raises $450,000 investment from Adaverse

Saudi Arabia-based Web3 provider Tharawat Green Exchange (TGR) has raised $450,000 in investment from Adaverse, a Saudi Web3 and...

TGE Tharawat Green Exchange Adaverse

Morocco

Morocco’s Colis.ma secures $300,000 pre-Seed from Witamax

Morocco-based cross-border logistics startup Colis.ma, a leading Moroccan startup has closed its pre-seed funding round at $300,000 from...

Colis.ma Logistics WitaMax

Egypt

South Africa’s Pargo expands to Egypt with $4 million fresh investment

South Africa-based e-commerce logistics startup Pargo has expanded into the Egyptian market after raising $4 million in investment, led...

Pargo Logistics E-commerce

Egypt

Egypt's Viridia Tech wins 2024 Mega Green Accelerator grand prize

Egypt-based agritech Viridia Tech has been named the overall winner of the 2024 Mega Green Accelerator, awarded the $100,000 grand prize...

Viridia Tech 2024 Mega Green Accelerator Pepsico

U.A.E

UAE’s proptech Prypco raises $10 million Seed round

UAE-based proptech Prypco has raised $10 million in a Seed funding round, led by Shorooq Partners, with participation from Apparel Group...

Prypco Shorooq Partners

U.A.E

invygo pursues profitability after raising $8 million Series A extension

Saudi Arabia-headquartered mobility startup invygo has raised an $8 million Series A extension provided by STV’s newly launched...

Invygo STV mobility

Saudi Arabia

Saudi B2B fintech Mala secures $7 million pre-Seed

Saudi Arabia-based fintech Mala has closed a $7 million pre-Seed funding round, led by VentureSouq and Shorooq Partners, as well as M...

Mala Fintech Venture Souq

U.A.E

Abhi closes $15 million debt round led by Shorooq Partners

UAE-headquartered fintech Abhi has secured $15 million in debt financing led by Shorooq Partners and Amplify Growth...

Abhi Shorooq Partners Amplify Growth Partnership

Saudi Arabia

JARAS Hospitality secures $666,000 pre-Seed

Saudi Arabia-based JARAS Hospitality has closed a $666,000 pre-Seed, led by undisclosed angel investors. Founded in 2023 by Ahmed Al...

JARAS Hospitality hospitality

Saudi Arabia

SVC pledges $15 million to Vision Ventures' Saqr Fund II

Saudi Venture Capital (SVC) has invested $15 million in Vision Ventures' Saqr Fund II venture capital fund. Saqr Fund II, with a...

Vision ventures SVC Saqr Fund II

Regional

Moonbase Capital launches $15 million SME investment vehicle

Spain-based search fund investment firm Moonbase Capital has launched a $15 million investment vehicle aimed at backing talented...

Moonbase Capital smes

Saudi Arabia

Jetapult pumps $4.5 million in Saudi game studio UMX

Saudi Arabia-based game studio UMX has raised $4.5 million from Jetapult, an investment company backed by Accel Partners. As part of...

UMX Studio Jetapult Gaming

Morocco

Moroccan proptech Agenz secures undisclosed investment

Morocco-based proptech Agenz has secured an undisclosed investment from Renew Capital. Founded in 2020 by Malik Belkeziz, Agenz...

Agenz Proptech Renew Capital

U.A.E

PiP World secures $10 million Seed from Exinity

UAE-based Web3 gaming and edtech ecosystem PiP World has secured $10 million in Seed funding from Exinity. Founded in 2022 by Saad...

Web3 PiP World Exinity

Saudi Arabia

Saudi edtech AILA closes $1.15 million pre-Seed round

Saudi Arabia-based edtech startup AILA has closed a $1.15 million pre-seed funding round, led by Sabah Hub with the participation of...

AILA EdTech

Egypt

Egypt's WellPal relocates to Saudi Arabia with fresh funding in hand

Egyptian e-commerce platform for health products, WellPal, has relocated to Saudi Arabia after securing an undisclosed investment round...

WellPal E-commerce health and fitness

Regional

MENA startups raise $282 million in September 2024, bringing Q3 total to $727 million

The investment landscape in the Middle East and North Africa (MENA) region indicates a notable recovery, with 63 startups securing a total...

Investment

Egypt

Rabbit Mobility raises $1.3 million to fuel expansion plans

Egypt-based micromobility platform Rabbit Mobility has closed a $1.3 million investment round, led by 500 Global and Untapped Global,...

Rabbit Mobility micromobility

Oman

Omani BNPL fintech QPay closes Seed round

Oman-based fintech QPay has closed a Seed round at an undisclosed value, led by Cyfr Capital. Founded in 2022 by Khalid...

Qpay Fintech BNPL

U.A.E

4Partners secures $3.6 million to enhance regional expansion plans

UAE-HQ dropshipping service 4Partners has secured $3.6 million in a funding round from undisclosed investors. Founded in 2017 in...

4Partners Logistics

U.A.E

UAE’s OCTA raises $2.25 million pre-Seed

UAE-based fintech OCTA has closed a $2.25 million pre-Seed round. The round is co-led by Quona Capital and Sadu Capital, with...

Octa Fintech Sadu Capital

Saudi Arabia

Yamm secures pre-Seed round led by Flat6Labs

Saudi Arabia-based logistics startup Yamm has closed its pre-Seed funding round at an undisclosed amount. The round is led by...

Yamm Flat6Labs Logistics

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