Wamda

Egypt

Egypt’s Sehatech raises $850,000 in funding

Egypt-based health insurtech Sehatech has raised a $850,000 round from A15 and Beltone Venture Capital, a subsidiary of Beltone Holding...

Sehatech Insurtech

Kuwait

Kuwaiti fintech Kem raises $1 million pre-Seed round

Kuwait-based fintech Kem has raised a $1 million pre-Seed round from a group of investors led by Maqamees Holdings. Founded in 2021 by...

Kem Fintech p2p

Morocco

Moroccan edtech Smartprof raises investment from Fuze

Morocco-based edtech Smartprof has raised investment from Fuze. The amount raised was undisclosed. Founded in 2018 by Homza Faiz and...

SmartProf EdTech Fuze

Egypt

HEDG raises six-figure pre-Seed round

Egypt-based fintech HEDG has raised a six-figure pre-Seed funding round from undisclosed investors based in Egypt and Saudi...

HEDG Fintech

U.A.E

UAE’s Lyvely raises Seed round from Cypher Capital

UAE-based Lyvely has raised a Seed round from early-stage VC firm, Cypher Capital. As part of the transaction, Bijan Alizadeh,...

Cypher Capital

Saudi Arabia

Rewaa closes $27 million Series A round led by Wa'ed

Saudi Arabia-based full-stack inventory management platform Rewaa has raised $27 million (SAR100 million) in a Series A funding round,...

waaed STC Ventures Rewaa

Tunisia

Tunisian contech SeekMake raises $539,000 to accelerate global expansion

Tunisia-based contech startup SeekMake has raised $539,000 round led by European private equity firm, Lafayette Group, with support from...

SeekMake

Morocco

Moroco’s SLE3TI raises funding from Cash Plus VC Fund

Morocco-based SLE3TI has raised fresh funding from the Cash Plus VC Fund, the corporate venture capital arm of financial technology...

Sl3ti

U.A.E

Maly secures $1.6 million pre-Seed to speed up GCC expansion plans

UAE-based fintech MALY has raised $1.6 million in pre-Seed funding from a group of regional angel investors. Established in 2022 by Mo...

Maly Fintech

U.A.E

e& capital invests in AI startup Ikigai Labs

UAE-based VC firm e& capital, the VC arm of communication company e&, has participated in the $25 million Series A of the...

e& capital Ikigai Labs

U.A.E

BitOasis secures new investment from CoinDCX and Wamda Capital

UAE-based cryptocurrency exchange platform BitOasis has raised new investment from CoinDCX, India’s highest valued crypto...

Bit Oasis Cryptocurrencies crypto

Egypt

Endeavor Egypt launches XceleRise to back local entrepreneurs

Endeavor Egypt has launched XceleRise, a scale-up programme to aid access to capital and market expansion for all startups that promote...

Endeavor Egypt XceleRise

Palestine

Google launches new initiative to support Palestinian tech entrepreneurs

US tech giant Google has launched the Palestine Launchpad programme, a Palestine-focused capacity-building programme to help Palestinian...

Google Palestine Launchpad program

U.A.E

e& capital invests $5 million in Maxbyte’s Series A round

UAE-based robotics solutions provider Maxbyte has raised a $5 million Series A from e& capital. Founded in 2016 by...

e& capital Maxbyte robotics

Saudi Arabia

Saudi traveltech startup Flyakeed raises $15.2 million Series A round

Saudi Arabia-based traveltech startup FlyAkeed has raised $15.2 million (SAR 57 million) in a Series A round led by PIF’s Sanabil...

FlyAkeed PIF Sanabil Investments

Egypt

Fawry announces plans to launch digital bank

Fawry, an Egypt-based e-payment solutions provider, unveiled plans to turn its e-portal, MyFawry, into a digital bank later this...

fawry

Saudi Arabia

Saudi Arabia launches $200 million fund to back local, foreign high-tech startups

Saudi Arabia’s Crown Prince Mohammed bin Salman has launched a $200 million (SAR750 million) fund for early-stage investment in...

KAUST Innovation

Regional

Anghami receives additional $5 million investment from SRMG Ventures

Lebanon-founded and UAE-based music streaming platform Anghami has raised a $5 million investment from Saudi VC firm SRMG...

anghami SRMG VENTURES

Regional

Singapore’s Antler launches $60 million Menap Fund

Singapore-based VC firm Antler has launched a $60 million Middle East North Africa and Pakistan (Menap)-focused fund to invest in the...

Antler MENAP VC fund

Jordan

ISSF invests $1.5 million in Sadu Capital to invest in Jordanian startups

Jordan’s Innovative Startups and SMEs Fund (ISSF) has committed $1.5 million to Saudi Arabia-based Sadu Capital’s...

Sadu Capital ISSF

Saudi Arabia

iot squared acquires Machinestalk to solidify position in Saudi market

Saudi Arabia-based internet of things (IoT) solutions provider “iot squared”, has fully acquired the Saudi IoT company...

iot squared Machinestalk STC

U.A.E

Generative AI Lumi raises first round of funding ahead of launch

UAE-based Lumi AI has closed its first round of funding from New York-based B2B SaaS investors Forum Ventures and UAE-based Annex...

Lumi

U.A.E

Illuminati Capital raises $50 million to back Web3 startups

UAE-based crypto VC fund Illuminati Capital, has raised $50 million for a fund that aims to invest in early-stage blockchain and...

Illuminati Capital VC fund Web 3.0

Palestine

Peleset Angels launches to back Palestinian Startups

A network of Palestinian and diaspora angel investors have come together to launch Peleset Angels, an early-stage angel investment...

Peleset Angels Angel Investment

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