Wamda

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

Saudi Arabia

Riyadh Valley Company invests in Flat6labs’ Startup Seed Fund

Saudi Arabia’s Riyadh Valley Company (RVC), the investment arm of King Saud University, has invested an unknown amount in...

Riyadh Valley Company King Saud University Flat6Labs

U.A.E

DIEZ launches $136 million venture capital fund for startups

Dubai Integrated Economic Zones Authority (DIEZ) has launched a VC fund worth Dh500 million ($136 million)...

Venture Capital DIEZ

Saudi Arabia

Egyptian e-commerce SaaS startup Awfar raises funding from VMS

Egypt-based SaaS e-commerce startup Awfar has secured a six-figure sum from Saudi Arabia-based venture studio Value Maker Studio (VMS)...

VMS Awfar

Saudi Arabia

Egypt’s OBM Education raises funding from VMS to accelerate Saudi Expansion

Egypt-based edtech startup OBM Education has raised a seven-figure sum from Saudi Arabia-based venture studio Value Maker Studio...

VMS OBM Education

Saudi Arabia

Edtech Noon closes $41 million Series B

Saudi Arabia-based edtech Noon has raised a $41 million Series B funding round, co-led by Wa’ed Ventures and Raed Ventures with...

Noon EdTech Ra'ed Ventures

U.A.E

SpiderSilk raises $9 million led by Wa’ed Ventures

UAE-based cybersecurity startup SpiderSilk has raised a $9 million funding round led by Wa’ed Ventures, with participation from...

spiderSilk Cypersecurity Wa’ed Ventures

U.A.E

UAE fintech NOW Money closes new funding round to expand product offering

UAE-based fintech NOW Money has secured an undisclosed financing round led by Dubai-based entrepreneurs Mark Nutter and Nicolas...

now money

Morocco

ORA Technologies secures $1 million pre-Seed funding

Morocco-based super app ORA Technologies has closed a $1 million pre-Seed funding from local private investors. Founded in 2023 by...

Ora E-commerce super app

Saudi Arabia

Tabby closes $200 million Series D at $1.5 billion valuation

Saudi Arabia-based fintech Tabby has raised $200 million in Series D equity financing at a valuation of $1.5 billion, prior to a planned...

Tabby BNPL Fintech

Global

Aramco Ventures leads $10 million Series A round for REDEX

Aramco Ventures, the corporate venturing subsidiary of Saudi energy and petrochemical enterprise Aramco, has led a $10 million Series A...

Aramco

Egypt

Egyptian healthtech Almouneer raises $3.6 million Seed round

Egypt-based healthtech Almouneer has raised a $3.6 million Seed round, led by Global Ventures, Proparco and Digital Africa through...

Almouneer Global Ventures healthtech

U.A.E

23 startups join Hub71’s Company Building programme

Abu Dhabi’s Hub71 has selected 23 startups to join its 13th cohort of the Company Building programme, each receiving up to...

Hub71 Company Building programme

Tunisia

Tunisian fintech My Easy Transfer raises $423,000 investment

Tunisia-based fintech My Easy Transfer has raised a $423,000 investment from 216 Capital. Founded in 2022 by Ismaïl Khenissi and...

My Easy Transefer 216 Capital Fintech

U.A.E

Shipsy acquires India’s Stockone to expand services

UAE-based SaaS provider Shipsy has acquired Stockone, an Indian cloud-based warehouse management system (WMS) and inventory management...

Shipsy Stockone Logistics

Saudi Arabia

NEOM launches investment arm NIF, announcing large investments in clean industries

Saudi Arabia’s NEOM has launched its investment arm, the NEOM Investment Fund (NIF), aiming to support the buildout and...

NEOM NIF Regent

Saudi Arabia

SVC invests $10 million in Ruya Private Capital I to back Saudi SMEs

The private credit fund Ruya Private Capital I LP, run by Ruya Partners, has received a $10 million investment from Saudi Venture...

Ruya Private Capital I LP Ruya Partners SVC

Saudi Arabia

Saudi proptech Ejari closes $1 million pre-Seed round

Saudi Arabia-based proptech Ejari has closed a $1 million pre-Seed round, led by Sanabil 500 MENA and Hambro Perks' Oryx Fund, with...

Ejari Proptech Sanabil 500

Saudi Arabia

Democrance raises investment from Wa’ed Ventures to fund Saudi expansion

Democrance, a UAE-headquartered insurtech company, has raised a funding round from Wa’ed, the venture capital arm of Saudi Aramco....

Wa’ed Ventures Democrance

U.A.E

Neo Mobility secures $10 million Seed funding

UAE-based electric vehicle (EV) last mile startup Neo Mobility has raised a $10 million Seed round from Delta Corp Holdings, Pyse...

Neo Mobility Last mile EV

U.A.E

UAE proptech Keyper raises $6.5 million Seed round

UAE-based proptech Keyper has raised a $6.5 million Seed round, led by Access Bridge Ventures and Vivium Holdings, with participation...

Keypey

U.A.E

Nomad Homes raises $20 million Series A round

UAE-based proptech Nomad Homes, has closed a $20 million Series A extension round, led by Acrew Capital. Founded in 2019 by Damien...

Nomad homes Proptech

U.A.E

Belong raises $1.5 million pre-Series A round

UAE-based social app Belong (formerly ASKWHO) has raised a $1.5 million pre-Series A round, bringing its total capital raised to $3.5...

Belong Social App

Saudi Arabia

Core Vision acquires stake in the Chairman Group

Saudi Arabia-based venture capital firm Core Vision has acquired a stake in The Chairman Group, a holding group with five diversified...

CoreVision

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