Wamda

Saudi Arabia

Saudi mobility startup Telgani closes $6 million Series A round

Saudi Arabia-based mobility startup Telgani has closed a $6 million Series A funding round, co-led by Hala Auto and Elm...

Telgani Hala Auto Elm Company

U.A.E

e& acquires UAE-based ServiceMarket

etisalat by e&, has fully acquired UAE-based household marketplace, ServiceMarket. Founded in 2013 by Bana Shomali and Wim...

e& etisalat ServiceMarket

U.A.E

SANTECHTURE raises investment from Shorooq Partners and Gulf Capital

UAE-based healthtech SANTECHTURE has raised investment from Gulf Capital (GC) and Shorooq Partners. The amount raised was not...

SANTECHTURE Shorooq Partners Gulf Capital

U.A.E

Abu Dhabi launches $2 billion Hub71+ Digital Assets to accelerate Web3 startups

Abu Dhabi’s Hub71, has launched Hub71+ Digital Assets, a dedicated Web3 specialist ecosystem, with more than $2 billion of capital...

uae HUB71+ DIGITAL ASSETS FAB

Egypt

Mobile Masr raises $500,000 Seed round

Egypt-based e-commerce platform Mobile Masr has raised a $500,000 Seed round from a group of angel investors based in the UAE and Qatar,...

MobileMasr

U.A.E

YOUGotAGift raises $3 million from Tenami Capital

UAE-based corporate e-gifting platform YOUGotAGift has raised $3 million from newly launched investment platform Tenami...

yougotagift

U.A.E

EIB backs $150 million Middle East Venture Fund IV

Middle East Venture Partners (MEVP) has secured a $27 million commitment from the European Investment Bank (EIB) for its $150 million...

MEVP

Saudi Arabia

Hala acquires UAE fintech Paymennt.com

Saudi Arabia-based fintech Hala has acquired UAE-based fintech Paymennt.com, previously called PointCheckout, for an unknown...

Hala Paymennt.com M&A

Saudi Arabia

noon acquires Namshi for unknown sum

Saudi Arabia-based e-commerce platform noon.com has completed its acquisition of the UAE-based fashion shopping platform...

noon.com Namshi M&A

Saudi Arabia

Flat6Labs launches $20 million Startup Seed Fund in Saudi Arabia

Flat6Labs has finished the first close of its $20 million “Startup Seed Fund” in Saudi Arabia, with the participation of the...

Flat6Labs Startup Seed Fund

Saudi Arabia

The Space merges with Vibes to form co-working space network in KSA

Saudi Arabia-based co-working space, The Space, has merged with Vibes for an undisclosed value. Founded in 2014 by Omar Al-Shabaan and...

The Space Vibes M&A

Saudi Arabia

BIM Ventures invests in WeDeliver

Saudi Arabia-based logistics provider WeDeliver has raised a pre-Series A round from BIM Ventures during the LEAP 2023...

BIM Ventures WeDeliver Delivery

Saudi Arabia

Aion Digital raises $5 million bridge round led by Fintactics Ventures

Bahrain-based fintech Aion Digital has raised $5 million in a bridge round led by Fintactics Ventures, a $40 million fintech-focused...

Aion

Saudi Arabia

Marn raises $1 million post-Seed round

Saudi Arabia-based HR tech startup Marn, has closed a $1 million post-Seed round, led by Sukna Ventures and with participation from...

Marn HR solutions Sukna Ventures

Egypt

Yodawy raises $16 million in initial close of Series B round

Egypt-based healthtech startup Yodawy has raised $16 million in the first close of its Series B round, bringing the total amount raised...

Yodawy healthtech

Saudi Arabia

Nana raises $133 million in a Series C round led by Kingdom Holding

Saudi Arabia-based dark store grocery delivery startup Nana, has raised $133 million in a Series C funding round led by Kingdom Holding...

Nana e-grocery dark stores

Morocco

Moroccan agritech Sand to Green raises $1 million Seed round

Morocco-based agritech Sand-to-Green has raised a $1 million Seed funding round from Norwegian Katapult and pre-Seed fund...

Sand to Green agritech

Saudi Arabia

STV launches $150 million Total Growth investment platform

Saudi Arabia-based investment firm STV announced during the LEAP 23 Conference the launch of its Total Growth platform, anchored by...

LEAP 23 STV

Saudi Arabia

IMPACT46 launches $133 million Fund

Saudi Arabia-based VC firm IMPACT46 has launched a new SAR500 million ($133 million) fund to invest in technology startups in Saudi...

Impact46 Venture Capital

Saudi Arabia

palm.hr closes $5 million pre-Series A round

Saudi Arabia-based HR tech platform palm.hr, has closed a $5 million pre-Series A round co-led by Speedinvest and RAED Ventures, with...

Palm.hr Raed Ventures Wamda Capital

Egypt

Gameball raises $3.5 million Seed round

Egypt-based marketing CRM platform Gameball, has closed a $3.5 million Seed round led by 500 Global, Africa-focused funds P1 Ventures...

Gameball 500 Global

Morocco

Chari raises $1 million from Orange Ventures

Chari, a Morocco-based B2B e-commerce startup with an embedded financing for the FMCG sector, has raised $1 million from Orange...

Chari

Regional

Floward raises $156 million in pre-IPO Series C round

Floward, an online flower and gift delivery platform, has raised $156 million in a pre-IPO Series C round led by Aljazira Capital,...

Floward

Yemen

Yemen’s Tawseel raises investment from Numu Capital

Yemen-based food delivery startup Tawseel has secured investment from Numu Capital, a Dubai-based early-stage venture capital firm, the...

Tawseel Numu Capital

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