Wamda

Saudi Arabia

SVC invests $10 million in Ruya Private Capital I to back Saudi SMEs

The private credit fund Ruya Private Capital I LP, run by Ruya Partners, has received a $10 million investment from Saudi Venture...

Ruya Private Capital I LP Ruya Partners SVC

Saudi Arabia

Saudi proptech Ejari closes $1 million pre-Seed round

Saudi Arabia-based proptech Ejari has closed a $1 million pre-Seed round, led by Sanabil 500 MENA and Hambro Perks' Oryx Fund, with...

Ejari Proptech Sanabil 500

Saudi Arabia

Democrance raises investment from Wa’ed Ventures to fund Saudi expansion

Democrance, a UAE-headquartered insurtech company, has raised a funding round from Wa’ed, the venture capital arm of Saudi Aramco....

Wa’ed Ventures Democrance

U.A.E

Neo Mobility secures $10 million Seed funding

UAE-based electric vehicle (EV) last mile startup Neo Mobility has raised a $10 million Seed round from Delta Corp Holdings, Pyse...

Neo Mobility Last mile EV

U.A.E

UAE proptech Keyper raises $6.5 million Seed round

UAE-based proptech Keyper has raised a $6.5 million Seed round, led by Access Bridge Ventures and Vivium Holdings, with participation...

Keypey

U.A.E

Nomad Homes raises $20 million Series A round

UAE-based proptech Nomad Homes, has closed a $20 million Series A extension round, led by Acrew Capital. Founded in 2019 by Damien...

Nomad homes Proptech

U.A.E

Belong raises $1.5 million pre-Series A round

UAE-based social app Belong (formerly ASKWHO) has raised a $1.5 million pre-Series A round, bringing its total capital raised to $3.5...

Belong Social App

Saudi Arabia

Core Vision acquires stake in the Chairman Group

Saudi Arabia-based venture capital firm Core Vision has acquired a stake in The Chairman Group, a holding group with five diversified...

CoreVision

Tunisia

Anava invests $5 million in Titan Seed Fund I to support Tunisian startups

Tunisia’s Anava fund of funds, run by Smart Capital, has pledged a $5 million investment in the Titan Seed Fund I, which is...

Anava Titan Seed Fund I

Global

Dubizzle Group sells Lamudi property portals in Philippines and Indonesia to focus on Mena

UAE-based Dubizzle Group has announced the sale of its Lamudi property portals in the Philippines and Indonesia to Australia-based...

Dubizzle lamudi

U.A.E

Cleantech Olive Gaea raises $1 million investment

UAE-based cleantech Olive Gaea has secured $1 million in funding from Cornerstone Venture. Founded in 2021 by Vivek Tripathi, Olive...

Olive Gaea Cornerstone Venture Cleantech

Egypt

Egyptian edtech Crafty Workshop raises $400,000 Seed from EdVentures

Egypt-based edtech Crafty Workshop has secured $400,000 in a Seed funding round led by EdVentures. Founded in 2019 by Hadeer Shalaby...

Crafty Workshop EdVentures EdTech

Saudi Arabia

Saudi fintech Takadao raises $1.6 million pre-Seed led by Draper Associates

Saudi Arabia-based fintech Takadao has raised a $1.6 million pre-Seed round, led by Silicon Valley-based investor Tim Draper, along with...

Takadao Draper Associates Fintech

U.A.E

XPANCEO raises $40 million Seed to launch AR contact lenses

UAE-based deep tech startup XPANCEO, has raised a $40 million Seed round, led by Hong Kong-based Opportunity Ventures (Asia). Founded...

XPANCEO Deep-tech Opportunity Ventures

U.A.E

HUB71 to offer startups up to $204,000 with new Incentive Programme

Abu Dhabi's Hub71 has revamped its Incentive Programme to provide startups with up to $204,000 (AED750,000) in cash and in-kind...

Hub71 Incentive programme

Global

Tribal Credit renews $150 million debt facility to expand to Saudi Arabia

US-based fintech company, Tribal Credit, has renewed its $150 million debt facility from Partners for Growth (PFG), a global specialty...

Tribal credit

U.A.E

Integra Seven and Wamda release first of its kind "State of Tech Talent in Dubai" report

Demand for specialised tech talent in Dubai will likely exceed supply. Ninety per cent of tech companies have tech talent dispersed a...

talent tech talent Wamda Research Lab

U.A.E

UAE’s gifting marketplace Share the Love raises Seed funding

UAE-based gifting e-commerce platform, Share the Love, has raised a Seed round from a group of angel investors. Founded in 2020 by...

Share the Love

U.A.E

Mindshift Capital invests in US healthtech MDisrupt

UAE and US-based gender-lens VC fund Mindshift Capital has taken part in the $3 million Seed funding round of US healthtech MDisrupt,...

healthtech Mindshift Capital MDisrupt

Iraq

Iraqi e-commerce startup Orisdi secures bridge investment

Iraq-based e-commerce platform Orisdi, raised a six-figure bridge round of investment in August 2023, from Al Sharqiya TV Group and...

Orisdi E-commerce

Saudi Arabia

Cycls raises $1 million pre-Seed round

Saudi Arabia-based AI startup Cycls has raised $1 million in pre-Seed funding from angel investors. Founded in 2021 by Mohammed...

Cycls AI

Egypt

Egypt announces new startup regulations during Techne Summit in Alexandria

Over the past four days, Bibliotheca Alexandrina has embraced the 9th edition of Techne Summit, one of the main entrepreneurial annual...

Techne Summit ict ITIDA

U.A.E

UAE’s Zest Equity raises $3.8 million Seed led by MEVP

UAE-based fintech Zest Equity has raised $3.8 million in Seed funding, led by Middle East Venture Partners (MEVP) with participation...

Zest Equity MEVP Fintech

U.A.E

Travel startup Dharma raises $4.7 million pre-Series A round

UAE-based travel management platform Dharma, has raised a $4.7 million pre-Series A funding round led by San Francisco-based...

Dharma Travel Convivialite Ventures

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