Wamda

Saudi Arabia

Jada Fund of Funds invests in SEEDRA Ventures' second fund

Press release: Jada Fund of Funds is pleased to announce its commitment to SEEDRA Ventures Fund II, a newly launched venture capital...

Seedra Ventures Jada Fund of Funds SEEDRA Ventures Fund II

Egypt

Beltone leads $3 million Series A extension round for ariika

Egypt-based furniture e-commerce platform ariika has raised $3 million in a Series A extension round, led by Beltone Venture Capital and...

ariika Beltone Venture Capital E-commerce

Saudi Arabia

EdfaPay closes $5 million pre-Series A to fuel MENAP expansion

Saudi Arabia-based fintech EdfaPay has secured a $5 million pre-Series A funding round led by OmanTel Innovation Labs, with...

EdfaPay Omantel Innovation Labs Fintech

Global

Singapore’s Locad enters GCC market after securing $9 million pre-Series B

Singapore-based logistics startup Locad has raised $9 million in a pre-Series B funding round, co-led by Global Ventures and existing...

Locad Logistics Global Ventures

Saudi Arabia

Saudi social network platform Bubbl raises $350,000 pre-Seed

Saudi Arabia-based social networking platform Bubbl has raised a $350,000 pre-Seed funding round led by angel investor Abdullah...

Bubbl social network

Egypt

Egypt’s Qara secures $2.6 million to propel KSA expansion plans

Egypt-based supply chain startup Qara has closed a $2.6 million funding round from undisclosed investors. Founded in...

Qara Supply chain

Egypt

Amenli cashes in new investment of $2.3 million

Egypt-based insurtech broker Amenli has secured a new funding round of $2.3 million, led by the European Bank for Reconstruction and...

Amenli Insurtech EBRD

Saudi Arabia

EFG Hermes launches $300 million Saudi Education Fund, acquires Britus Education

Egypt’s EFG Hermes’s private equity arm has launched a $ 300 million Saudi Education Fund (SEF). The fund aims to build an...

EFG Hermes Saudi Education Fund SEF

U.A.E

Shipfinex raises $1.5 million Seed to drive growth

UAE-based maritime fintech platform Shipfinex has secured $1.5 million in Seed funding, led by Gaurav Mehta, Chairman of Best Oasis...

Shipfinex Maritime fintech

Egypt

Efreshli closes seed round led by Algebra Ventures

Egypt-based interior design startup Efreshli has raised a Seed round at unknown value, led by Algebra Ventures, with participation from...

Efreshli E-commerce interior design

U.A.E

Popcorn AI closes $500,000 pre-seed

UAE-based conversational commerce platform Popcorn AI has raised a $500,000 pre-seed funding round, with participation from Spring...

Popcorn AI AI E-commerce

Saudi Arabia

Lean closes Series B at $67.5 million, bringing total funding to $100 million

Saudi Arabia-based fintech Lean Technologies has secured $67.5 million in Series B funding round, led by General Catalyst, with...

Lean Technologies General Catalyst Fintech

U.A.E

Pemo raises $7 million pre-Series A, eyeing KSA expansion

UAE-based fintech Pemo has secured a $7 million pre-Series A funding round, co-led by Shorooq and Augmentum Fintech. Co-founded by...

Pemo Shorooq Augmentum Fintech

U.A.E

UnifyApps closes $20 million Series A led by Iconiq Growth

UAE-based SaaS solutions provider UnifyApps has raised $20 million in a Series A funding round led by Iconiq Growth and joined by...

SAAS UnifyApps Iconiq Growth

Saudi Arabia

Mush Social secures $1.2 million pre-Seed

Saudi Arabia-based Mush Social has secured $1.2 million in a pre-Seed round led by Nifal Consulting, with support from Nahr Al-Jazeera...

Mush Social Social App

U.A.E

Brands.io secures Seed financing to drive expansion

UAE-based AI startup Brands.io has secured a Seed funding round for an undisclosed value from unidentified investors. Founded in 2024 by...

Brands.io AI

Kuwait

Arzan VC launches Revenya Capital to back MENA startups

Kuwait-based VC firm Arzan Venture Capital has partnered with Ahmad Takatkah to launch Revenya Capital, a revenue-based financing (RBF)...

Arzan VC Revenya Capital

Egypt

Teradix wins $140,000 grant from TAQADAM to fuel Saudi expansion

Egypt-based e-procurement solutions provider Teradix has been awarded a $140,000 grant from TAQADAM Accelerator programme at King...

Teradix TAQADAM Accelerator SAAS

Egypt

T-Vencubator announces Tafweela as inaugural venture-building project

Egypt-based VC-incubator T-Vencubator has announced the Egyptian fintech, Tafweela, as its inaugural venture-building project. Founded...

T-Vencubator Tafweela

U.A.E

Warburg AI secures $250,000 Seed funding

UAE-based AI startup Warburg AI has secured $250,000 in seed funding from undisclosed investors. Founded in 2024 by Ben Pfeffer,...

Warburg AI AI

Saudi Arabia

Ayen acquires Elmawkaa in a seven-figure deal

Saudi Arabia-based proptech Ayen has acquired the Egyptian contech Elmawkaa in a SAR seven-figure transaction that will see Ayen...

Ayen Elmawkaa Proptech

Saudi Arabia

BIM Ventures unite with SBI Holding to launch $200 million fund “BIM Capital”

Saudi Arabia-based venture studio firm BIM Ventures and Japan’s SBI Holding have launched BIM Capital, a joint venture designed to...

BIM Ventures SBI Holding BIM Capital

U.A.E

Tarjama launches new feature "Pronoia" for Arabic AI translation

Tarjama, an Arabic language technology company based in the UAE, has revealed a new tool available on its platform named Pronoia, on the...

Tarjama Pronoia

Saudi Arabia

$300 million Beta Lab Fund launches to back Saudi, Asian deeptech startups

Saudi fund and studio specialising in deeptech Beta Lab has kicked off with a capital of $300 million on the first day of the Future...

Beta Lab

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you