Saudi Arabia PIF launches $1 billion fund of funds Source: Arab News Saudi Arabia’s Public Investment Fund (PIF) has launched a new investment vehicle aimed at boosting small and... News • 19 December, 2019 Public Investment Fund
U.A.E Adasat.com raises $350,000 in funding Source: Laffaz Adasat.com is a new e-commerce platform based in Dubai that has recently raised $350,000 with the help of local... News • 17 December, 2019 contact lenses eye glasses sun glasses
Saudi Arabia Sabbar raises $1.5 million seed Source: MENAbytes Saudi-based recruitment technology platform Sabbar has raised $1.5 million in a seed round led by Dubai’s... News • 15 December, 2019 MiSK 500 startups Job Recruitment
Egypt DentaCarts raises $450,000 seed round Egypt-based dental marketplace DentaCarts has raised $450,000 in seed funding from AUC Angels, Asia Africa Investment &... News • 15 December, 2019 dental platform seed investment
U.A.E VentureSouq invests in $45 million Series B of US-based Vouch Source: MenaBytes VentureSouq, a Dubai-based investment platform focused on investing in early-stage startups around the world, has... News • 14 December, 2019 Business Insurance US
Saudi Arabia Wamda co-leads $3M Series A round in online floral marketplace Floranow Wamda, the Middle East region's leading startup ecosystem enabler, has co-led a $3 million Series A round with Global Ventures in... Wamda • 15 December, 2019 Series A Floranow
Oman Innovation Development Oman invests in Carzaty Innovation Development Oman (IDO) has announced its investment in Carzaty, an online retailer of new and used cars based in the sultanate.... News • 12 December, 2019 car Oman
Egypt Mayday raises investment from angel investors Source: MENAbytes Egypt-based roadside assistance platform Mayday has raised six-figure investment, the startup... News • 12 December, 2019 Car Service Egypt cairo
U.A.E Telr secures funding from existing investors UAE-based Telr, an online payment gateway startup, has closed an undisclosed institutional round of funding led by its three largest... News • 11 December, 2019 payment gateway Telr iMENA
U.A.E Abu Dhabi's Group 42 invests in Chinese 3D printing firm Source: 3D Printing Industry Chinese 3D printer provider and service bureau HeyGears Technology has reported the raising of... News • 11 December, 2019 abu dhabi 3d printing
Egypt iFix raises investment from A15 Source: Ventureburn Cairo-based on-demand mobile phone repair startup iFix has raised an undisclosed investment from A15,... News • 11 December, 2019 investement A15
Jordan Tarjama.com acquires Captivate Arabia Source: Slator In a transaction concluded in November 2019, Tarjama.com has acquired Captivate Arabia, an audio-visual... News • 11 December, 2019 audio visual transaltion
Jordan BeyondCapital launches its angel investor network Source: Startup MGZN On Thursday the 5th of December, BeyondCapital launched its Angel Investor Network, an initiative... News • 11 December, 2019 angel network investor
Saudi Arabia Dokkan Afkar closes $5 million Series B Saudi Arabia-based Dokkan Afkar, an e-commerce site dedicated to selling homegrown and innovative gadgets, gizmos and gifts has closed... News • 10 December, 2019 E-commerce marketplace Riyad TAQNIA Fund
U.A.E Wamda invests in UAE-based fintech startup FlexxPay Wamda has invested in UAE-based financial technology (fintech) startup FlexxPay (flexxpay.com). The social impact company provides... Wamda • 08 December, 2019 Fintech Wamda Capital
Regional Global Ventures and BECO Capital invest in Tribal Credit Source: Digital Boom US-based Tribal Credit closed a $5.5 million Seed round led by BECO Capital and Global Ventures to bank startups in... News • 05 December, 2019 Fintech BECO Capital
Egypt Bekia raises six-figure investment Source: Startup Scene Cairo-based tech-powered waste management services startup Bekia has raised six-dollar-figure investment from Oman... News • 05 December, 2019 Recycling inorganic waste
Egypt Wasla Browser raises $1 million in seed funding Source: Venture Burn Wasla, a Cairo-based startup that has developed an incentivised mobile browser that rewards users with free mobile... News • 05 December, 2019 seed Funding Free
Saudi Arabia KBW Ventures invests in US-based pet food startup KBW Ventures, the venture capital (VC) firm founded by Prince Khaled bin Alwaleed, son of Saudi Arabian billionaire Prince Alwaleed bin... News • 05 December, 2019 pets
Saudi Arabia Nejree raises $4 million Source: Arabian Business Saudi-based Nejree, the online sneaker retailer, announced on Wednesday it has raised $4 million in Pre-Series... News • 05 December, 2019 Fashion e-com
U.A.E Fetchr raises $10 million in emergency funding Source: Bloomberg Courier app Fetchr, once one of the Middle East’s largest startups, raised as much as $10 million in... News • 04 December, 2019 Dubai emergency Funding
Egypt Trella acquires Trukto Source: MenaBytes Cairo-based Y Combinator-backed digital trucking marketplace Trella has acquired local rival Trukto, the... News • 04 December, 2019 acquisition trucks digital marketplace
U.A.E Mubadala leads $32 million funding in London-based Cazoo Source: EU-startups Cazoo, a new platform transforming the purchase of used cars, today launches with a triple announcement. In addition... News • 04 December, 2019 Used cars Investment
Saudi Arabia Riyadh Valley Company leads $6 million series B in South Korea based SecuLetter Source: Techstartups SecuLetter, a cybersecurity startup that provides advanced persistence threat (APT) response solution to email... News • 04 December, 2019 cybersecurity series B Investment