Wamda

Morocco

Morocco’s Cathedis raises $713,000 in investment

Morocco-based last-mile delivery startup Cathedis has raised $713,000 from Fond Capital Venture (FCV), the VC fund of BMCE Capital...

Cathedis Logistics

U.A.E

NorthLadder completes $10 million Series B led by tali ventures

UAE-based device trade-in platform NorthLadder has closed its Series B at $10 million, led by stc Group’s tali ventures, Dutch...

NorthLadder tali ventures stc Group

Egypt

Entlaq's new report highlights Egypt's agritech potential

Egypt’s agricultural exports are projected to hit $14 billion by 2030, according to Entlaq’s report titled “The...

Entlaq agritech

Saudi Arabia

Saudi proptech ARK closes $1 million pre-Seed round

Saudi Arabia-based proptech ARKTECH has closed a $1 million pre-Seed investment round, led by Core Vision Investment. founded in 2023...

ARK Core Vision Proptech

U.A.E

GII adds $100 million to its capital to boost growth plans

UAE-based alternative investment company Gulf Islamic Investments (GII) has added an additional $100 million growth capital to the...

Gulf Islamic Investments GII

Jordan

ISSF commits $5 million to Rua Growth Fund

Jordan-based Innovative Startups and SMEs Fund (ISSF) has invested $5 million in Rua Growth I LP to invest in Jordanian startups Rua...

ISSF Rua Growth Fund

Saudi Arabia

Saudi Arabia’s Nabt raises $1.5 million Seed led by Merak Capital

Saudi Arabia-based foodtech Nabt has closed a $1.5 million Seed investment round, led by Merak Capital with the participation of other...

Nabt agritech foodtech

Qatar

Qatar’s Pass secures $2.7 million in its pre-Series A

Qatar-based delivery app Pass has raised $2.7 million in its pre-Series A funding round from undisclosed investors. Launched by the...

Pass Logistics

Palestine

Palestinian entrepreneurs draw attention at Expand North Star

Between 13-16 October, 18 Palestinian startups participated in the 2024 GITEX Expand North Star Conference in Dubai. This event offered...

Expand North Star

Saudi Arabia

Wa’ed Ventures earmarks $100 million to invest in Saudi AI sector

Aramco’s $500 million VC fund, Wa’ed Ventures, has allocated $100 million for early-stage AI investments to support...

Wa'ed Ventures Aramco AI

Saudi Arabia

TGE raises $450,000 investment from Adaverse

Saudi Arabia-based Web3 provider Tharawat Green Exchange (TGR) has raised $450,000 in investment from Adaverse, a Saudi Web3 and...

TGE Tharawat Green Exchange Adaverse

Regional

Google launches “AI First” startup accelerator in MENA

Tech giant Google has launched its Google for Startups Accelerator: AI First programme during an event at the Dubai Future Foundation...

Google Google for Startups Accelerator AI First

Kuwait

Kuwaiti edtech Tadarab expands into Saudi Arabia

Kuwait-based edtech Tadarab has expanded into Saudi Arabia as part of its strategic plan to meet the growing demand for online education...

Tadarab EdTech

Morocco

Morocco’s Colis.ma secures $300,000 pre-Seed from Witamax

Morocco-based cross-border logistics startup Colis.ma, a leading Moroccan startup has closed its pre-seed funding round at $300,000 from...

Colis.ma Logistics WitaMax

Egypt

South Africa’s Pargo expands to Egypt with $4 million fresh investment

South Africa-based e-commerce logistics startup Pargo has expanded into the Egyptian market after raising $4 million in investment, led...

Pargo Logistics E-commerce

Egypt

Sawari Ventures targets raising $200 million for second fund

The Egypt-based venture capital firm Sawari Ventures will launch its second fund in early 2025 with a target of $200...

Sawari Ventures

Regional

MENA e-commerce grew by 80% since 2020, Checkout.com's report suggests

The digital commerce in MENA in recent years saw digital payment volumes grow by 658% since 2020, according to Checkout.com’s...

Checkout.com E-commerce digital payment

Egypt

Egypt's Viridia Tech wins 2024 Mega Green Accelerator grand prize

Egypt-based agritech Viridia Tech has been named the overall winner of the 2024 Mega Green Accelerator, awarded the $100,000 grand prize...

Viridia Tech 2024 Mega Green Accelerator Pepsico

U.A.E

UAE’s proptech Prypco raises $10 million Seed round

UAE-based proptech Prypco has raised $10 million in a Seed funding round, led by Shorooq Partners, with participation from Apparel Group...

Prypco Shorooq Partners

U.A.E

invygo pursues profitability after raising $8 million Series A extension

Saudi Arabia-headquartered mobility startup invygo has raised an $8 million Series A extension provided by STV’s newly launched...

Invygo STV mobility

U.A.E

UAE’s Best Kept Shared acquires BAZAARA

UAE-based e-commerce platform Best Kept Shared has acquired the UAE’s peer-to-peer (P2P) fashion resale platform BAZAARA for an...

Bazaara Best Kept Shared Fashion

Saudi Arabia

HALA Payments joins Saudi Unicorns Programme

Saudi Arabia-based fintech HALA Payments has been selected to join the Saudi Unicorns Programme. Through the Saudi Unicorns...

HALA Payments Fintech Saudi Unicorns Programme

Saudi Arabia

Saudi B2B fintech Mala secures $7 million pre-Seed

Saudi Arabia-based fintech Mala has closed a $7 million pre-Seed funding round, led by VentureSouq and Shorooq Partners, as well as M...

Mala Fintech Venture Souq

U.A.E

Abhi closes $15 million debt round led by Shorooq Partners

UAE-headquartered fintech Abhi has secured $15 million in debt financing led by Shorooq Partners and Amplify Growth...

Abhi Shorooq Partners Amplify Growth Partnership

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