Wamda

Saudi Arabia

Nybl, Basserah merge to expand their regional reach

Saudi data automation firm Basserah and UAE-based AI startup nybl have united to increase their presence in the region. Founded in...

nybl Basserah

Egypt

Sawari Ventures to launch $150 million fund to back Egyptian startups

Egypt-based venture capital (VC) firm Sawari Ventures intends to launch a $150 million fund to back Egyptian startups. According to...

Sawari Ventures

U.A.E

Edtech Thiqa Tutoring raises $300,000 during Beban TV show

UAE-based edtech Thiqa Tutoring has raised a $300,000 investment from Hope Ventures, the investment arm of Bahrain’s Hope Fund,...

Thiqa Tutoring Beban Hope Ventures

U.A.E

DFDF joins Partech Africa II's $300 million second close

The UAE's Dubai Future District Fund (DFDF) has participated in the second close of pan-African fund Partech Africa II at $300...

Partech Africa II Fund Partech africa

Saudi Arabia

PhysioHome wraps up undisclosed Seed round

Saudi Arabia-based healthtech PhysioHome has wrapped up a Seed round for an undisclosed value, backed by unnamed angel...

PhysioHome healthtech

U.A.E

The Cloud raises $12 million Series B, acquiring UK's KBOX

UAE-based cloud kitchen The Cloud has raised $12 million in funding from MENA Moonshots as part of the $30 million Series B it is trying...

The Cloud foodtech cloud kitchen

U.A.E

GameCentric secures $1.5 million in funding

UAE-based gaming platform GameCentric has raised $1.5 million in capital from angel investor, Bilal Merchant. Founded in 2023 by...

GameCentric Gaming Web 3.0

Saudi Arabia

PIESHIP raises undisclosed pre-Seed round

Saudi Arabia-based logistics startup PIESHIP has closed an undisclosed pre-Seed investment round by SEEDRA Ventures, Nama Ventures, and...

PIESHIP Nama Ventures Seedra Ventures

U.A.E

Exverse lands $3 million investment

UAE-based Web3 gaming platform Exverse, has raised a private funding round of $3 million, led by Cogitent Ventures, Cointelligence, and...

Exverse Gaming Web3

U.A.E

HUB71 partner with Stride Ventures to support entrepreneurs in Abu Dhabi

Abu Dhabi's tech ecosystem, Hub71, has partnered with Stride Ventures to back startups in Abu Dhabi. Through this partnership,...

Hub71 Stride Ventures

U.A.E

UAE launches $300 million Falcon Foundation to develop open-source AI

UAE-based Technology Innovation Institute (TII), the applied research pillar of Abu Dhabi’s Advanced Technology Research Council...

Falcon Foundation Technology Innovation Institute Advanced Technology Research Council

Bahrain

Right Calories, Motolines raise $347,000 investment during Beban TV show

During the Beban TV show, two startups based in Bahrain, Right Calories and Motolines, secured a total investment of $347,000 from Hope...

Right Calories Motolines Hope Ventures

Jordan

Sowt acquires Rising Giants Network

Jordan-based Arabic audio content network Sowt Media has acquired the UAE-based podcast producer Rising Giants Network (RGN), for...

Sowt Rising Giants Network

Morocco

Logistics startup Logidoo secures $1.55 million investment

Pan-Africa logistics startup Logidoo has raised $1.55 million in investment, led by Maroc Numeric Fund II (Morocco), 216 Capital...

Logidoo Logistics Maroc Numeric Fund II

U.A.E

UAE fintech Kema raises $2 million pre-Seed

UAE-based fintech Kema has raised a $2 million pre-Seed round, led by Speedinvest with participation from the Dubai Future District Fund...

Kema Fintech

Lebanon

Women-led VC firm Globivest completes first close of first fund

Lebanon-based venture capital (VC) firm Globivest has achieved its first closing for an undisclosed sum. Founded in 2016 by Jasmine...

Globivest Venture Capital

Jordan

ISSF pledges $5 million for MSA Novo's Mena fund

Jordan-based Innovative Startups and SMEs Fund (ISSF) has invested $5 million in the Mena-focused fund, MSA Novo. Founded in...

MSA Novo ISSF

Iraq

Iraqi fintech Wayl raises $150,000 pre-Seed round

Iraq-based fintech Wayl, has secured $150,000 in pre-Seed funding from EQIQ Ventures. Founded in 2021 by Ali Ismail, Wayl serves as a...

Wayl Fintech EQIQ Ventures

U.A.E

Dubbing platform CAMB.AI raises $4 million seed

UAE-based AI dubbing startup CAMB.AI has raised $4 million in a Seed funding round led by Courtside Ventures, along with TRTL Ventures,...

CAMB.AI AI Dubbing

Saudi Arabia

Saudi proptech Rize raises $2.9 million Seed round

Saudi Arabia-based proptech Rize, has raised a $2.9 million Seed round from Seedra Ventures, Hala Ventures, JOA Capital, RZM...

Rize Proptech Seedra Ventures

Kuwait

Kuwait’s Bookr raises Bridge round from Plus VC

Kuwait-based SaaS-enabled marketplace for beauty services, Bookr, has raised a bridge round at an undisclosed amount from Plus...

Bookr Beauty marketplace

U.A.E

The Digital Hotelier closes $1 million Seed round

UAE-based traveltech The Digital Hotelier, has closed a Seed round of $1 million from the Silicon Valley-based VC firm Plug and Play,...

Hope Ventures Beban the Digital Hotelier

Iraq

IFC, IVP launch Scale Iraq initiative to support Iraqi startups

The International Finance Corporation (IFC), Iraq Venture Partners (IVP), and Innovest Middle East have partnered to launch the Scale...

Scale Iraq International Finance Corporation Iraq Venture Partners

U.A.E

Plant & Equipment acquires UAE’s Global Equipment Trading

UAE-based contech Plant & Equipment has acquired Global Equipment Trading for an unknown sum. Founded in 2018 by brothers Saleh...

contech Plant & Equipment Global Equipment Trading

Thought Leadership

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

Thank you