Wamda

Egypt

Sprint raises six-figure in seed funding

Source: MenaBytes Cairo-based logistics startup Sprint has raised six-figure (USD) seed funding from an angel investor, the startup...

Egypt seed fund

U.A.E

Almentor raises $4.5 million in series A funding

Source: Startup MGZN Dubai-based e-learning platform almentor.net has announced that it closed a $4.5 million Series A investment round...

E-Learning Funding Series A

Global

VentureSouq invests in US gaming company Rune

Source: TechCrunch Rune, a company out of Y Combinator’s Winter 2019 class, wants to use artificial intelligence (AI) to help you...

VentureSouq

Jordan

arabot raises $1 million seed funding

Jordan-based artificial intelligence (AI) company arabot has raised a $1 million seed round led by Riyad TAQNIA Fund (RTF), with...

chatbot Artificial intelligence

U.A.E

BECO Capital closes second fund

Dubai-based venture capital (VC) firm BECO Capital has closed its second fund at $100 million. The VC will continue investing in early...

Venture Capital venture capital fund BECO Capital

Egypt

PrintX raises $150,000

Source: Ventureburn PrintX, a Cairo-based online print shop, has raised $150 000 from Saudi angel investor Mohamed Elbazz. Tech...

news Investment Egypt

Tunisia

International Finance Corporation invests $1 million in Flat6Labs Tunis

Source: MENAbytes International Finance Corporation (IFC), a member of the World Bank Group has announced that it is investing $1...

news fund tunisia

Regional

Top five VC deals in the third quarter of 2019

Venture Capital (VC) investments in the third quarter of 2019 have not made as much fanfare compared to the second quarter of this...

TOP VC Deals

U.A.E

Melltoo raises pre-Series A from China’s Gobi Partners

Dubai-based online marketplace Melltoo has announced an undisclosed pre-series A funding round co-led by China-based venture capital...

E-commerce Funding ksa

Egypt

Glamera raises $250,000 seed

Source: MENAbytes Cairo-based beauty services booking platform Glamera has raised $250,000 in a seed round, the startup announced today...

seed seed investment bookings

U.A.E

Mubadala invests in Embark

Source: Forbes Embark Trucks, a self-driving tech firm created by two twenty-something Canadian computer scientists, just landed $70...

news trucks Investment

Egypt

MaxAB closes $6.2 million seed round

MaxAB, an Egypt-based business to business (B2B) e-commerce marketplace has secured seed funding of $6.2 million, in one of the largest...

Egypt FMCG Investment

Saudi Arabia

Saudi-based Daal invests in PromoRepublic

Source: MenaBytes Daal, a Khobar-based VC firm has invested an undisclosed amount of money in $2.2 million seed round of social media...

Social Media management

Algeria

TemTem raises $4 million in series A

Source: MenaBytes Algiers-based ride-hailing startup TemTem has raised $4 million in a Series A round, the startup announced in a...

largest Series A ride-hailing

Tunisia

Dabchy raises $300,000 in seed fund

Source: MenaBytes Dabchy, a Tunis-based peer-to-peer (P2P) fashion marketplace has raised $300,000 in a seed round led by 500 Startups...

Fashion seed fund

Egypt

Career 180 raises $100,000 in seed funding

Egypt-based Career 180, a career advising platform, has raised $100,000 in a seed funding round from EdVentures. The startup will...

EdTech seed Egypt

U.A.E

Pure Harvest raises $1.75 million

Source: The National Pure Harvest Smart Farms, a tech-enabled agribusiness that is growing fruits and vegetables in the desert outside...

agritech Investment AbuDhabi

Kuwait

UPayments raises seed funding

Kuwait based online payment solutions provider UPayments announced that it has raised seed funding for an undisclosed sum from...

seed Funding e-payment

U.A.E

Shorooq Partners invests in Teacherly

Shorooq Partners has invested in UK-based, education technology (edtech) platform Teacherly in seed funding for an undisclosed...

EdTech seed fund

Pakistan

Swvl expands further into Pakistan

Source: MENAbytes Swvl, the app-based bus hailing startup that is now headquartered in Dubai, is expanding further into...

Swvl Egypt ride hailing

Regional

Wamda X applications deadline extended to Oct 27

Wamda X, the grant-based fellowship programme for budding entrepreneurs and early-stage startups, is now accepting applications for its...

U.A.E

UAE's Masdar, UK government invest $86 million in green technology fund

Source: Zawya Abu Dhabi Future Energy Company (Masdar) together with the UK government have invested £70 million ($86.48 million)...

Technology fund uae

Regional

Careem moves further into fintech

Careem now allows its users to recharge their mobile phone credit on its platform. The service is already available in Egypt, Pakistan...

Fintech wallet pay

Regional

Localized closes $1.2 million funding round

US-based Localized, a talent technology platform that connects university students and alumni with employers and industry experts in...

Investment talent tech

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