Wamda

Saudi Arabia

Rainmaking Innovation expands to Saudi Arabia

Rainnmaking Innovation, a corporate innovation facilitator and venture development firm, has launched in Saudi Arabia. Rainmaking...

Rainnmaking Innovation

U.A.E

UAE’s Wellx raises $2 million Seed to fund expansion

Wellx, a UAE-based wellness-focused platform with embedded insurance, has raised $2 million in a Seed funding round, led by Dubai Future...

Wellx Insurtech DFDF

Saudi Arabia

Insurtech DESAISIV raises $2 million pre-Seed round

Saudi Arabia-based insurtech startup DESAISIV has raised a $2 million pre-Seed round from 500 Global, Terra VC, Oqal, family offices,...

DESAISIV

Saudi Arabia

Delivery Hero acquires remaining shares of HungerStation

Germany-based foodtech Delivery Hero has acquired the remaining 37 per cent stake in the Saudi Arabia-based food delivery company...

Hero Delivery Hungerstation

Saudi Arabia

HyperPay acquires Sanad Cash

Saudi Arabia-based fintech HyperPay has acquired compatriot Sanad Cash. The value of the transaction was not disclosed. Founded...

Sanad Cash hyperpay

U.A.E

Tenderd raises investment from Aramco's Wa'ed

UAE-based construction tech startup Tenderd has raised an undisclosed funding round from Wa’ed Ventures, the VC arm of...

Tenderd Wa’ed Ventures Construction

U.A.E

Fashion app Get Outfit raises pre-Seed investment

UAE-based fashion e-commerce startup Get Outfit, has raised an undisclosed pre-Seed round, led by Forward Angel Founded in 2022 by Kim...

Get Outfit Fashion E-commerce

Global

Scalo Technologies leads $3.5 million round for gaming startup Hexacore

Dubai-based Scalo Technologies, has led a $3.5 million round for Hexacore, a Polish web3 mobile game publisher. The round...

Scalo Technologies

U.A.E

YallaHub raises $6 million pre-Series A round

UAE-based marketplace aggregator and quick commerce startup YallaHub has raised $6 million in a pre-series A funding round, co-led by...

YallaHub E-commerce marketplace

Tunisia

Tunisia’s Kaco secures new funding round

Tunisia-based mobility startup Kaco has raised an undisclosed amount in a fundraising round from UGFS North Africa. Founded in 2018 by...

Kaco UGFS mobility

Jordan

ISSF invests $2 million in Oryx Fund to empower Jordanian startups

Jordan's Innovative Startups and SMEs Fund (ISSF), has invested $2 million in Hambro Perks' Oryx Fund to empower the Jordanian...

ISSF Oryx Fund

U.A.E

UAE’s Growdash secures $750,000 pre-Seed funding to support GCC expansion

UAE-based foodtech startup Growdash has raised a $750,000 pre-Seed round led by Flat6Labs, with participation from Plus Venture Capital...

Growdash

U.A.E

ONE MOTO secures $40 million investment

UAE-based mobility startup ONE MOTO Technologies has secured $40 million in lease financing, led by Pyse along with other...

One Moto

Egypt

Egypt’s Flash raises $6 million Seed round

Egypt-based fintech Flash has completed a $6 million Seed round led by Addition with participation from Flourish Ventures and other...

Flash Fintech Addition

U.A.E

Agthia Group launches $54 million CVC fund for foodtech startups

UAE-based food and beverage company Agthia Group PJSC has launched a $54 million VC fund “Agthia Ventures”. The CVC,...

Agthia Group Agthia Ventures ADQ

Saudi Arabia

Kaso raises $10.5 million Seed round

Saudi Arabia-based foodtech Kaso, has raised $10.5 million in a Seed funding round, from Dubai-based Spade Ventures, Saudi Arabia's...

KASO Spade Ventures Y Combinator

Turkey

Turkey’s Marti lists on NYSE after SPAC merger with Galata

Turkey-based mobility startup Marti has completed its SPAC merger with Galata Acquisition Corp. (Galata), and began trading its Class A...

Marti Galata SPAC

U.A.E

Alma Health closes Series A round at $10 million

UAE-based healthtech startup Alma Health has raised a $10 million Series A funding round co-led by Knuru Capital and Hambro Perks Oryx...

Alma Health healthtech Knuru Capital

Bahrain

Unipal raises $500,000 to support Saudi expansion

Bahrain-born startup, Unipal, has raised a $500,000 follow-on investment from Tenmou and Flat6labs, with participation from GTS and...

Unipal

Global

Nuwa Capital leads $1.2 million pre-Seed round for US-based Mascotte Health

UAE-based Nuwa Capital has led a $1.2 million pre-Seed round for US-based Mascotte Health. The round also drew participation from...

Nuwa capital

Egypt

Egyptian fintech Menthum raises pre-Seed funding

Egypt-based fintech Menthum has raised pre-Seed funding from Acasia Ventures, along with A15 and other angel investors. Founded...

Menthum Acasia Ventures A15

U.A.E

EDGE Group acquires cybersecurity company OryxLabs

UAE-based advanced technology and defence group EDGE, has acquired OryxLabs, a cybersecurity company based in the UAE for an undisclosed...

Edge OryxLabs cybersecurity

Egypt

US-based Practical VC invests in Egypt’s EXITS MENA

US-based venture capital Practical VC has invested in Egypt’s EXITS MENA (Exits.ME), an M&A advisory firm and investment...

Exits.me

U.A.E

UAE’s Revibe raises $2.3 million to grow its refurbished electronics marketplace

UAE-based refurbished-electronics startup Revibe has raised $2.3 million led by Resonance, and Flat6Labs, with participation from...

Revibe

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