Bahrain Ahlan App lands $3 million investment led by Hope Ventures Bahrain-based loyalty programme, Ahlan App has raised a $3 million investment at a valuation of $15 million, led by Hope Ventures, along... News • 25 March, 2024 Ahlan App Hope Ventures
Lebanon MBC Group acquires 14% stake in Anghami Saudi Arabian media conglomerate MBC Group, through its MBC Ventures arm, has purchased 4,074,533 ordinary shares in music streaming... News • 22 March, 2024 anghami MBC
Tunisia Tunisia-born Clusterlab raises $600,000 pre-Seed Tunisia-born and UAE-headquartered AI startup ClusterLab has raised $600,000 in a pre-Seed funding round from regional investors,... News • 20 March, 2024 Clusterlab AI
Regional P1 Ventures closes $35 million for its second fund US-based and pan-African VC fund P1 Ventures has completed the second close of its second fund at $35 million, aiming to reach $50... News • 20 March, 2024 P1 Ventures VC fund ifc
Egypt Egypt’s Pharmacy Marts secures bridge round from Acasia Ventures Egypt-based healthtech Pharmacy Marts has raised a six-figure bridge round, led by Acasia Ventures. Founded in 2021 by Ahmed Kadous,... News • 19 March, 2024 Acasia Ventures Pharmacy Marts healthtech
Bahrain Receiptable secures pre-Seed round from HP Spring Studios Bahrain-based fintech Receiptable has raised a pre-Seed round for an unknown amount, led by HP Spring Studios, a venture fund that is... News • 19 March, 2024 Receiptable HP Spring Studios Fintech
Oman Zameeli raises equity crowdfunding via Mamun platform Oman-based platform Zameeli, which connects local freelancers with SMEs, has closed its equity crowdfunding via Omani fintech... News • 18 March, 2024 Zameeli Mamun Crowdfunding
Saudi Arabia Saudi foodtech Barakah raises investment from FoodLabs Saudi Arabia-based foodtech startup Barakah has raised an undisclosed funding round from German-based VC FoodLabs, marking its first... News • 18 March, 2024 Barakah FoodLabs foodtech
Jordan ISSF increases investment in Propeller's second fund Jordan’s Innovative Startups and SMEs Fund (ISSF) has increased its commitment to Propeller's second fund, to be increased... News • 18 March, 2024 ISSF Propeller Propeller Ventures II
Saudi Arabia SVC invests $30 million in Olive Rock Partners Fund I Saudi Venture Capital Company (SVC) has pledged $30 million to the first fund of UAE-based private equity firm Olive Rock Partners, as... News • 15 March, 2024 SVC Olive Rock Partners
Egypt MNT-Halan acquires Pakistan's Advans Microfinance Bank Egypt-based fintech MNT-Halan has acquired Advans Pakistan Microfinance Bank. The terms of the deal remain undisclosed. Founded in... News • 15 March, 2024 MNT-Halan
Saudi Arabia Classera acquires Expert Solutions to expand educational offerings US-based and Mena-focused edtech Classera has acquired Saudi Arabia-based ERP system “Expert Solutions” for information... News • 14 March, 2024 Classera Expert Solutions
Oman Saudi Arabia’s T2 acquires Omani data analysis startup Promize Saudi Arabia-based business development company T2 has acquired Omani customer data analysis company Promize for an unknown... News • 14 March, 2024 T2 Promize
U.A.E Mitgo Group acquires UAE finance platform Embedded Germany-based marketing technology provider (martech) Mitgo Group has acquired the UAE-based embedded finance platform... News • 13 March, 2024 Mitgo Group Embedded Marketing
Morocco Tookez raises $1.5 million to solidify position in Moroccan market Morocco-based fintech Tookeez has secured $1.5 million in a funding round led by Azur Innovation Fund. Founded in 2020 by Hicham... News • 13 March, 2024 Tookeez Azur Innovation Fund Fintech
Saudi Arabia Zetta Technologies closes $1.5 million pre-Seed Saudi Arabia-based device as a service (DaaS) provider Zetta Technologies has closed a $1.5 million pre-Seed round led by Core... News • 13 March, 2024 Zetta Technologies DaaS Core Vision
Morocco Morocco’s ORA Technologies closes $1.5 million Seed round Morocco-based superapp ORA Technologies secured $1.5 million in seed funding from local entrepreneurs. Founded in 2023 by Omar Alami,... News • 13 March, 2024 Ora Technologies super app
U.A.E Traveltech Seeru closes undisclosed pre-Seed round UAE-based traveltech Seeru has raised a pre-Seed funding round at an undisclosed amount, led by the US-based venture studio Nabtah... News • 13 March, 2024 Seeru traveltech Nabtah Ventures
Saudi Arabia Gulf Capital partners with RDIA to deploy $100 million in Saudi tech sector UAE-based investment firm Gulf Capital has partnered with the Saudi Research Development and Innovation Authority (RDIA) to deploy over... News • 13 March, 2024 Gulf Capital RDIA
Egypt Egyptian B2B healthtech 30Med secures pre-Seed round Egypt-based B2B healthtech 30Med has raised pre-Seed funding for unknown value from anonymous angel investors. Founded in 2023 by... News • 12 March, 2024 30Med healthtech
Saudi Arabia Grintafy secures funding from Chiliz to speed up Web3 transition Saudi Arabia-based sportstech Grintafy has raised an undisclosed investment amount from Chiliz. Founded in 2019 by Majdi Allulu,... News • 12 March, 2024 Grintafy Sportstech Chiliz
Saudi Arabia Kitchenara secures $380,000 funding to boost operational growth Saudi Arabia-based foodtech Kitchenara has raised $380,000 in investment from unnamed regional angel investors. Founded in 2023 by... News • 11 March, 2024 Kitchenara foodtech
Saudi Arabia Rakeez Capital closes $2 million Seed round led by Core Vision Saudi Arabia-based B2B fintech Rakeez Capital has closed a Seed investment round of $2 million, led by Core Vision... News • 11 March, 2024 Rakeez Capital Core Vision
Kuwait Kuwait’s Mojo raises seven-figure Seed round Kuwait-based social commerce Mojo has raised a seven-figure Seed round, led by existing pre-Seed investors, Joa Capital and Emkan... News • 11 March, 2024 Mojo social commerce