Wamda

U.A.E

UAE’s Immensa raises $20 million Series B round

UAE-based additive manufacturing startup Immensa, has raised a $20 million Series B funding round, led by Global Ventures, along with...

immensa Global Ventures series B

U.A.E

The Surpluss wins Dh250,000 in Mastercard, Aramex ScaleUp 2023 competition

B2B cleantech startup, The Surpluss, has been awarded Dh250,000 after being named the winner in the Mastercard and Aramex ScaleUp 2023...

The Surpluss

U.A.E

Fintech Yabi closes $8 million round

UAE-based fintech Yabi By Souqalmal, has raised an $8 million round, to invest in product development and accelerate regional...

Yabi

Saudi Arabia

B2B marketplace Retailo raises $15 million to accelerate expansion

Retalio, a Saudi Arabia-based B2B e-commerce company, has raised $15 million from a group of new investors, including Yusuf Bin Kanoo...

Retailo

Oman

Omani foodtech KitchenomiKs raises $1.8 million pre-Series A

Oman-based foodtech KitchenomiKs, has raised $1.8 million in a pre-Series A funding round from Omani and regional investors,...

KitchenomiKs cloud kitchen foodtech

Tunisia

Winshot raises six-figure investment from 216 CAPITAL

Tunisia-born and France-based SaaS startup Winshot, has raised a six-figure investment from 216 Capital. Founded in 2022 by Walid...

Winshot 216 Capital SAAS

U.A.E

Flow48 secures $25 million in pre-Series A funding

UAE-based fintech Flow48 has raised $25 million in pre-Series A funding, comprising a mix of equity and debt from several investors,...

Flow48 Endeavor Catalyst Fintech

Kuwait

Kuwait’s Raha raises $7 million pre-Series A

Kuwait-based logistics startup Raha has raised $7 million in a pre-Series A round, led by Soor Capital and PIF-backed private equity...

Raha Logistics Soor Capital

U.A.E

Modus invests $2.8 million in eight startup launches through its Venture Builder platform

UAE-based Modus Capital has announced the launch of eight new startups as part of its venture builder programme, investing $2.8 million...

Modus Capital

Turkey

UAE’s Your Compass invests in Fork N Knife’s $800,000 Seed round

UAE-based Your Compass has participated in Turkey-headquartered cloud kitchen operator Fork N Knife’s $800,000 Seed round. The...

Fork N Knife

Lebanon

Lebanese agritech Dooda Solutions wins $100,000 grant from PepsiCo Greenhouse Accelerator

Lebanon-based agritech Dooda Solutions is set to receive a $100,000 grant after being named the winner of this year’s PepsiCo...

Dooda Solutions

Egypt

Egypt’s WayUp Sports closes Seed round

WayUp Sports, an Egypt-based marketplace for sports equipment and apparel, has raised a Seed round led by Beltone Venture Capital and...

WayUp Sports

Regional

Anghami, OSN+ merge to create regional entertainment conglomerate

UAE-based online streaming platform OSN+ has merged with the Lebanon-founded music streaming app Anghami Inc. in a deal worth $50...

anghami OSN+

Turkey

Wamda Capital invests in Salus’ $4.7 million Seed round

Wamda Capital has participated in a $4.7 million Seed round for Turkey-based healthtech startup, Salus. The oversubscribed round...

Salus

Morocco

Chari receives undisclosed investment from UM6P Ventures

Morocco-based B2B e-commerce and fintech startup Chari has raised an undisclosed investment amount from UM6P Ventures, the investment...

Chari E-commerce Fintech

U.A.E

UAE mobility and logistics startup Wize raises $16 million in pre-Seed round

UAE-based logistics startup Wize has raised $16 million in a pre-Seed funding round led by angel investors. Founded in 2022 by...

Wize

U.A.E

Mafhoom secures $1.36 million pre-Seed

UAE-based fintech Mafhoom Technologies has raised a $1.36 million pre-Seed funding round, led by Al-Wafra Al-Thanya for...

Mafhoom Fintech Al-Wafra Al-Thanya for Investments

Saudi Arabia

Tamara secures additional debt financing of $250 million

Saudi Arabia-based fintech Tamara has secured an additional $250 million in debt financing, bringing its total warehouse facility to up...

Tamara BNPL Fintech

Saudi Arabia

Saudi fintech LYNK raises new round of investment

Saudi Arabia-based fintech LYNK has raised an investment round from Al Fozan Holding and Ramla Holding Group. The amount raised was not...

LYNK Fintech Al Fozan Holding

Egypt

VMS invests in Egyptian edtech Akhdar

Egypt-based edtech Akhdar has raised a six-figure round from Saudi Arabia-based venture studio Value Maker Studio (VMS). The goal of...

Akhdar VMS

Global

SC Ventures, SBI Holdings launch digital asset investment firm in UAE

SC Ventures, the investment arm of Standard Chartered, has partnered with Japan-based SBI Holdings, to establish a digital assets...

SC Ventures SBI Holdings Digital assets

Morocco

Morocco’s CloudFret closes $2.1 million round

Morocco-based logistics startup CloudFret has secured a $2.1 million funding round from AfriMobility and Azur Innovation...

Cloudfret AfriMobility Azur Innovation Fund

Saudi Arabia

COGNNA closes $2.25 million Seed round led by IMPACT46

Saudi Arabia-based cybersecurity startup COGNNA has closed a $2.25 million Seed round, led by IMPACT46, with participation from Vision...

COGNNA Impact46 cybersecurity

Saudi Arabia

Saudi proptech Ajras raises $28 million led by Madarek International

Saudi Arabia-based proptech Ajras has raised a $28 million (SAR 105 million) Seed round led by Madarek International in a mix of debt and...

Ajras أجراس السعودية

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