Wamda

Saudi Arabia

Merit closes $12 million pre-Series B round

Saudi Arabia-based SaaS provider Merit has raised $12 million in its pre-Series B funding round, led by Alistithmar Capital i-Cap and...

Merit

Saudi Arabia

MDD closes Series A round for 5% stake

Saudi Arabia-based logistics startup MDD has closed its Series A round for a 5% stake with a valuation of $26 million (SAR100...

MDD Logistics

U.A.E

Keyper secures $34 million in mix of equity, Sukuk

UAE-based proptech Keyper has raised $4 million in equity in a pre-Series A round, led by BECO Capital and Middle East Venture Partners...

Keyper BECO Capital Proptech

U.A.E

Revent raises $900,000 pre-Seed to bolster KSA expansion plans

UAE-based electronics marketplace Revent has raised $900,000 in a pre-Seed round, provided by Techstars and a group of angel...

Revent techstars

U.A.E

Airwater Co. secures investment from Tau Capital

UAE-based cleantech Airwater Co. has raised investment from Abu Dhabi-based venture capital firm Tau Capital, for an undisclosed...

Airwater Co. Tau Capital

Qatar

Golden Gate Ventures launches $100 million MENA-focused fund

Singapore-based VC firm Golden Gate Ventures has launched a $100 million MENA fund, with $20 million commitments from Qatari investors,...

Golden Gate Ventures Al Khor Holding

U.A.E

Eyewa raises undisclosed funding round from General Atlantic

UAE-based eyewear startup “eyewa” has raised an undisclosed funding round from General Atlantic. Founded in 2017 by Mehdi...

eyewa General Atlantic

Saudi Arabia

SVC invests $30 million in General Atlantic’s private equity fund

Saudi Venture Capital (SVC) has pledged a $30 million investment in a private equity fund managed by the US-based investment firm...

SVC General Atlantic

U.A.E

TiE Dubai launches fifth edition of TiE Women MENA programme

The Dubai chapter of The Indus Entrepreneurs (TiE) has launched the fifth annual TiE Women MENA Programme 2024 to support and elevate...

The Indus Entrepreneurs TiE Women MENA

U.A.E

UAE’s Property Finder raises $90 million debt financing

UAE-based proptech Property Finder has raised $90 million in debt from Francisco Partners. Founded in 2007 by Michael Lahyani and...

Property finder debt financing Francisco Partners

Bahrain

Bahrain’s Investcorp closes ITP V fund at $570 million

Bahrain-based alternative asset manager Investcorp has concluded the final closing of its Investcorp Technology Partners V (ITP V) fund,...

Investcorp ITP V Fund

U.A.E

UAE's Lune closes $1.5 million led by DFDF

UAE-based data analysis Lune has raised $1.5 million in a Seed round from Dubai Future District Fund (DFDF), Plus Venture...

Lune DFDF

Saudi Arabia

Saudi WheeKeep closes $8 million Series A round

Saudi Arabia-based logistics startup WheeKeep has raised an $8 million Series A funding round, led by the American investor...

WheeKeep Logistics

Saudi Arabia

Qsalary partners with Itqan Capital to launch $80 million fund

Saudi Arabia-based HRtech Qsalary has partnered with the Saudi investment company, Itqan Capital, to launch an $80 million investment...

Qsalary Itqan Capital

Egypt

Glint Fund II completes initial close at $3 million

Egypt-based investment firm Glint has completed the first close of its second venture fund at $3 million, supported by Wadi Degla...

Glint VC fund

Egypt

Egypt’s MNZL raises $3.5 million Seed led by P1 Ventures

Egypt-based fintech MNZL has raised $3.5 million in a Seed funding round, led by P1 Ventures, Localglobe, and Ingressive Capital....

MNZL P1 Ventures

U.A.E

Phoenix Group acquires 12.5% stake in Rekt Studios

UAE-based crypto mining and blockchain firm Phoenix Group has acquired a 12.5% stake in the Web3 gaming and entertainment startup Rekt...

Phoenix Group REKT Studios

Egypt

MoneyHash, Visa team up to enhance digital payment experience

US-based Egyptian fintech MoneyHash has partnered with Visa to deliver secure and enhanced digital payment experiences. The new...

MoneyHash Visa

U.A.E

SecureMyScholarship secures $550,000 bridge round

UAE-based edtech SecureMyScholarship has raised $550,000 in a bridge funding round at a valuation of $6 million. The round was...

SecureMyScholarship secures $550 000 Bridge round SecureMyScholarship secures $550

Egypt

PTS Holdings, BTU launch Kemtech Valley-BTU studio to back Egyptian entrepreneurs

US-based VC firm has partnered with Egypt’s Borg El Arab Technological University to launch a comprehensive digital platform that...

PTS Holdings Borg El Arab Technological University

Egypt

Swypex launches following $4 million Seed round

Egypt-based fintech Swypex has raised a $4 million Seed investment round, led by venture capital fund Accel, with participation from...

Swypex Fintech Accel

U.A.E

Dubizzle steps into automotive sector by acquiring Drive Arabia

UAE-based online classifieds platform Dubizzle Group has acquired Drive Arabia, a UAE-based automotive focused media and reviews...

Dubizzle Drive Arabia

Saudi Arabia

Abyan Capital secures $18 million Series A led by STV

Saudi Arabia-based robo-advisory company Abyan Capital has closed a $18 million Series A round led by STV with participation from...

Abyan Capital STV Wa'ed Ventures

Bahrain

Bahrain’s Investcorp acquires NSEIT, India’s National Stock Exchange digital division

Bahrain-based alternative asset manager Investcorp will acquire NSEIT, the digital technology division of India’s National Stock...

Investcorp

Thought Leadership

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

Thank you