Wamda

Egypt

Mastercard invests in Egypt's Nclude

Egypt-based VC fund Nclude has raised an undisclosed investment from Mastercard, to accelerate Egypt's fintech ecosystem. The...

Nclude MasterCard Fintech

Egypt

Algebra Ventures completes first close of second fund at $100 million

Egypt-based VC fund Algebra Ventures, has finalised a $100 million first close of its second fund, exceeding the targeted $90 million...

Algebra Ventures

Morocco

Morocco’s BMCE Capital launches $4.5 million fund to support local ecosystem

Morocco-based BMCE Capital Investment has launched a $4.5 million VC fund dedicated to financing Moroccan startups at the Seed...

BMCE Capital Investment VC fund

U.A.E

Further Ventures launches $200 million fund

UAE-based investment firm Further has launched a $200 million fund dedicated to co-creating ventures focused on digital assets, fintech...

Further Ventures ADQ

Egypt

Biola Alabi joins CASF as venture partner

Egypt-based VC Cairo Angels Syndicate Fund (CASF) has announced having the Nigerian businesswoman Biola Alabi join as a Venture Partner....

CASF The Cairo Angels Biola Alabi

Bahrain

Al Waha Fund, Hambro Perks launch fintech venture studio

Bahrain's Al Waha Fund of Funds has partnered with UK investment firm Hambro Perks, to launch HP Spring Studios, a fintech venture...

Al Waha Fund of Funds Hambro Perks HP Spring Studios

Egypt

Endure Capital closes first round of $50 million fund

Egypt-based Endure Capital has completed the first close of its new $50 million fund to invest in early-stage startups across Africa....

Endure Capital MSMEDA Endure 21

Jordan

SVC invests in Jordan's Propeller's second fund

Saudi Venture Capital (SVC) has invested in Jordan-based Propeller's second fund. The value of the investment was not...

Propeller SVC

Iraq

Iraqi Islamic Bank partners with MSA Novo to fund tech-focused startups

Iraq Islamic Bank (IIB) has partnered with MSA Novo (MSA) to launch a fund to invest in tech-focused startups in Iraq. The size of the...

Iraqi Islamic Bank MSA Novo

Egypt

Openner launches Web3-focused Qurious Labs

Egypt-based VC firm Openner has launched Qurious Labs, a Web3-focused venture studio, to help develop markets and aid them to access the...

Openner Qurious Labs Web 3.0

U.A.E

Enhance Ventures launches $30 million Builders Fund

UAE and Saudi Arabia-based venture studio Enhance Ventures, has launched a $30 million Builders Fund, which will invest in the...

Enhance Ventures Builders Fund MENAPT

Egypt

Creative Dock acquires FoundersLane, plans to invest €100 million in Mena startups

Berlin-based corporate venture builder FoundersLane, which was recently acquired by Creative Dock Group (CDG), has expanded its operations...

FoundersLane MNT-Halan

Tunisia

Pan-African CAIF fund closes at $112.8 million

Tunisia-based multi-asset investment platform AfricInvest and US-based VC firm Cathay Innovation, have completed the final close of...

CAIF Cathay AfricInvest Innovation Fund AfricInvest

Saudi Arabia

SVC Invests in the first venture debt fund

Saudi Venture Capital (SVC) has invested in a venture debt fund managed by Partners for Growth. The fund focuses on offering...

SVC Saudi Arabia Partners for Growth (PFG)

Saudi Arabia

Nama Ventures invests in US-based IT startup Brev.dev

Saudi Arabia-based VC firm Nama Ventures has invested an unknown amount in US-based containers for development Brev.dev. Founded in...

Nama Ventures Brev.dev

Saudi Arabia

BIM Ventures launches $32 million BIM Investments II

Saudi Arabia-based VC venture studio BIM Ventures has announced the launch of its second VC fund “BIM Investments II” with a...

BIM Ventures BIM Investments II Venture Capital

Jordan

ADQ and Jordan’s Ministry of Digital Economy and Entrepreneurship launch $100 million tech fund

Abu Dhabi’s ADQ has launched a $100 million tech-focused venture capital fund with the Ministry of Digital Economy and...

investment fund

Bahrain

Bahrain's Tenmou invests in Unipal

Bahrain angel investor network Tenmou, has upped its investment in edtech UNIPAL with an undisclosed amount. Founded in 2020 by Ali...

Tenmou Unipal

Saudi Arabia

8020 Capital launches $10 million accelerator fund

Saudi Arabia-based VC “8020 Capital” has launched a $10 million accelerator and startup studio fund to invest in and develop...

8020 Capital Accelerator and Startup Studio

Global

Traditional family offices emerge as unlikely venture capitalists

By Miles Kruppa Few people would guess that Jed York, owner of the San Francisco 49ers football team, is an early investor in dozens of...

family offices

Saudi Arabia

STV partners with Meta to support Saudi startups

Saudi Arabia-based VC fund STV has announced a new partnership with Meta (formerly Facebook) that aims to support tech startups in the...

STV Meta

Pakistan

Nama Ventures invests in Pakistan’s AgriDunya

Saudi Arabia-based VC Nama Ventures, has invested an undisclosed amount in Pakistan-based agritech AgriDunya’s pre-Seed...

AgriDunya agritech Nama Ventures

Algeria

Algeria Venture and AIF launch $10 million VC fund

Algeria-based accelerator Algeria Venture (A-Venture) and the Algeria Investment Fund (AIF) have partnered to launch a VC fund targeting...

Algeria Venture Algeria Investment Fund VC fund

U.A.E

NewTribe Capital invests $5 million in NEAR Protocol

UAE-based VC fund NewTribe Capital has invested $5 million in the San Francisco-based blockchain platform NEAR Protocol. Founded in...

NEAR Protocol NewTribe Capital

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