U.A.E Trends by LuckyDodo secures $1 million investment UAE-based analytics platform Trends, backed by LuckyDodo, has secured $1 million in funding from several investors at the DIFC... News • 19 December, 2023 Trends LuckyDodo SAAS
Saudi Arabia Tamara raises $340 million Series C round at over $1 billion valuation Saudi Arabia-based buy now pay later (BNPL) startup, Tamara, has raised a $340 million Series C round at a valuation of over $1... News • 18 December, 2023 Tamara
Egypt Chefaa raises $5.25 million investment to solidify presence in Saudi Arabia Egypt-based healthtech Chefaa, has secured a $5.25 million investment, co-led by Newtown Partners (South Africa) and Global Brain... News • 18 December, 2023 Chefaa healthtech
Saudi Arabia Saudi Arabia’s Pd7 raises $1 million to fuel expansion Saudi Arabia-based sports startup Pala De 7 (Pd7) has raised SAR 3,750,000 ($1 million) in investment, led by Grintafy, AlTahan and... News • 14 December, 2023 Pala De 7 Pd7 Grintafy
U.A.E UAE’s Terra raises $2 million Seed UAE-based electric mobility company Terra, has raised a $2 million Seed round from a group of angel investors. Founded in 2021 by... News • 14 December, 2023 Terra
U.A.E US-based Mercer acquires UAE’s The Talent Enterprise US-based talent and workforce management enterprise has acquired The Talent Enterprise (TTE), a psychometric and talent assessment... News • 14 December, 2023 The Talent Enterprise
Global Mubadala Capital participates in Andalusia Labs’ $48 million Series A Abu Dhabi’s $280 billion global sovereign fund, Mubadala Capital, has participated in the $48 million Series A funding round... News • 14 December, 2023 Mubadala Capital Andalusia Labs Blockchain
U.A.E UAE’s Fundbot raises $1.5 million Seed UAE-based fintech Fundbot, has raised a $1.5 million Seed round led by Hambro Perks Oryx Fund, with further support from Aditum... News • 14 December, 2023 Fundbot Fintech B2B lending
Saudi Arabia Naeem closes pre-Seed round led by Lunment Saudi Arabia-based SaaS platform for the salon and beauty sector, Naeem, has closed a pre-Seed round for an unknown amount, led by... News • 12 December, 2023 Naeem Lunment Self Care
U.A.E Midori raises $200,000 pre-Seed at COP28 UAE-based climate tech, Midori Network has secured $200,000 in a pre-Seed funding from Kirill Veselov, an angel investor and former... News • 12 December, 2023 Midori Network Climatetech in5
U.A.E Climatetech startup HyveGeo raises pre-Seed round UAE-based climatetech startup HyveGeo has raised a pre-Seed funding round led by SystemaNova.vc. The amount raised was not... News • 11 December, 2023 HyveGeo Climatetech
Saudi Arabia Lendo raises $28 million Series B led by Sanabil Investments Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B... News • 11 December, 2023 Lendo Shariah-compliant
U.A.E Clara acquires BOTH Corporate Services Limited UAE-based legaltech Clara has acquired BOTH Corporate Services Limited (BCS), aprovider of corporate services in Abu Dhabi Global... News • 11 December, 2023 Clara Legaltech
Saudi Arabia Pure Harvest acquires Red Sea’s production facility in Saudi Arabia UAE-based agritech Pure Harvest Smart Farms has announced the acquisition of Red Sea’s controlled-environment agriculture (CEA)... News • 11 December, 2023 Red Sea Farms Pure Harvest Smart Farms
U.A.E EasyLease acquires 60 per cent stake in UAE’s EV manufacturer Fully Charged EasyLease, a mobility solutions provider and a subsidiary of Abu Dhabi-based International Holding Company, has acquired a 60 per cent... News • 11 December, 2023 FullyCharged EasyLease
Egypt Egypt’s fintech Banknbox raises funding from Disruptech Fund Egypt-based fintech startup Banknbox has raised funding from Disruptech Fund. Founded this year by Basem Mahmoud, Banknbox offers a... News • 11 December, 2023 Disruptech
U.A.E Investcorp launches $750 million climate technology investment platform Bahrain-based Investcorp, a global alternative investment management firm, has launched a $750 million climate solutions investment... News • 11 December, 2023 Investcorp COP28
U.A.E DFDF allocates Dh200 million to invest in climate technologies The Dubai Future District Fund (DFDF) has allocated up to 20 per cent, corresponding to Dh200 million of its Dh1 billion fund to... News • 10 December, 2023 COP28 Dubai Future District Fund
U.A.E PepsiCo, SABIC, AstroLabs launch Mega Green Accelerator to support cleantech startups PepsiCo, SABIC, AstroLabs, and their strategic partners have announced the launch of the Mega Green Accelerator to invest in startups... News • 10 December, 2023 Astrolabs Pepsico
Saudi Arabia Blink closes $2.1 million Seed round to enhance presence in Saudi Arabia Saudi Arabia-based SaaS startup Blink has closed a $2.1 million Seed funding round with participation from 500 Global and Global... News • 08 December, 2023 Blink SAAS Saad Hariri
Saudi Arabia Omniful raises $5.85 million Seed for Mena expansion Saudi Arabia and UAE-based supply chain and e-commerce enablement startup Omniful has raised a $5.85 million Seed round, led by... News • 05 December, 2023 Omniful E-commerce VentureSouq
U.A.E Hub71 launches climate tech-focused programme for startups worldwide Hub71, an Abu Dhabi-based global tech ecosystem, has announced the launch of Hub71+ ClimateTech to support startups worldwide working on... News • 05 December, 2023 Hub71
Egypt Mtor raises $2.8 million pre-Seed round led by Algebra Ventures Egypt-based online car parts marketplace Mtor has raised a $2.8 million pre-Seed round, led by Algebra Ventures, with participation from... News • 05 December, 2023 Mtor Algebra Ventures automotive
Egypt Three Egyptian startups win $10,000 grants from She’s Next competition Three Egyptian startups have each been awarded $10,000 after ranking in the top positions in the second edition of She’s Next... News • 30 November, 2023 She is Next