Wamda

U.A.E

Yellow Door Energy raises $400 million in equity investment

UAE-based cleantech Yellow Door Energy has raised $400 million in an equity raise provided by Actis, with participation from existing...

Yellow Door Energy solar energy Sustainability

Egypt

FlapKap closes $3.6 million Seed round

Egypt-based e-commerce financing platform FlapKap has closed a $3.6 million Seed round from Bolt by QED, Nclude, Outliers, and...

FlapKap financing E-commerce

Egypt

i‘SUPPLY raises $1.5 million pre-Seed round

Egypt-based B2B pharma platform i‘SUPPLY has raised a $1.5 million pre-Seed round, led by Disruptech Ventures among other...

i‘SUPPLY medtech

Oman

Mexico’s Kavak merges with Carzaty to expand to GCC

Mexico-based pre-owned cars platform KAVAK has expanded its operations to the UAE and Oman by merging with regional player...

Kavak Carzaty

Egypt

Mastercard invests in Egypt's Nclude

Egypt-based VC fund Nclude has raised an undisclosed investment from Mastercard, to accelerate Egypt's fintech ecosystem. The...

Nclude MasterCard Fintech

Egypt

Vezeeta raises undisclosed growth funding

Egypt-based healthtech Vezeeta has raised an undisclosed amount of growth funding, from Abu Dhabi-based Gulf Capital and Sweden-based...

Vezeeta Gulf Capital healthtech

U.A.E

Five FS closes $3.5 million Seed round

UAE-based fintech Five FS has raised $3.5 million in Seed funding led by Romanian VC firm Zeyshare Ventures at a $30 million...

Five FS Zeyshare Ventures Fintech

Jordan

Wafii raises Seed round to launch crypto Cashback platform

Jordan-based rewards platform Wafii, has raised an undisclosed amount for its Seed round, led by GMS Ventures & Investments and...

Wafii Loyalty Programs crypto

U.A.E

Mindshift Capital participates in Wellbees’ $2.2 million Seed round

UAE-based VC firm Mindshift Capital has taken part in US employee wellness platform Wellbees’ latest $2.2 million Seed funding...

Mindshift Capital Wellbees HR solutions

Saudi Arabia

Saudi Arabia’s anb invests in Cashee’s Series A round

Saudi Arabia-based bank anb has participated in UAE-based fintech Cashee’s Series A round. The amount invested was not...

Cashee ANB financial inclusion

U.A.E

Nadeera wins $100,000 grant from PepsiCo

UAE-based cleantech Nadeera has won a $100,000 grant as part of PepsiCo’s Greenhouse Accelerator Programme. Founded in...

Nadeera Pepsico Cleantech

Egypt

SWVL launches clean mobility solutions in Switzerland

Egypt-founded and UAE-based mobility startup Swvl, has expanded its services to Switzerland under the brand name, my Bux, where it...

Swvl Switzerland mobility

U.A.E

MoneyGram acquires minority stake in UAE’s Jingle Pay

UAE-based fintech Jingle Pay has raised an unknown amount of investment from US firm MoneyGram International, Inc., for a 12 per cent...

MoneyGram Jingle Pay

Egypt

Glamera secures $1.3 million Seed round

Egypt-born SaaS startup Glamera, has raised a Seed round of $1.3 million, led by Riyadh Angels Investors (RAI), with participation from...

Glamera Riyadh Angels Investors E-commerce

Iraq

Iraq Angel Investors Network helps local startups raise $1 million in investment

Iraq-based incubator KAPITA, has announced that its Iraqi Angel Investment Network (IAIN), has helped six startups to raise more than $1...

KAPITA IAIN Iraq Angel Investors Network

Regional

ZenHR raises $10 million growth round

Saudi Arabia-based HR software provider ZenHR, has raised a $10 million growth round, led by Rua Growth Fund with the participation of...

ZenHR human resources HR solutions

Egypt

Algebra Ventures completes first close of second fund at $100 million

Egypt-based VC fund Algebra Ventures, has finalised a $100 million first close of its second fund, exceeding the targeted $90 million...

Algebra Ventures

Saudi Arabia

NearPay raises $3.6 million pre-Series A round

Saudi Arabia-based fintech NearPay has raised $3.6 million in a pre-Series A funding round, led by Vision Ventures with participation...

NearPay Softpos

Egypt

CardoO raises $660,000 Seed round

Egypt-based IoT devices manufacturer CardoO has raised a $660,000 Seed funding round, led by The Alexandria Angels, with the...

CardoO IoT The Alexandria Angels

Egypt

Gaming platform Cryptyd Inc secures new funding round

Egypt-based Cryptyd Inc has secured a new round of funding for an unknown amount from existing and new investors. Founded in 2015 by...

Cryptyd Inc Gaming

Morocco

Morocco’s Chari raises $1 million investment from Endeavor Catalyst

Morocco-based B2B e-commerce Chari has raised $1 million from Endeavor Catalyst as part of its Series A funding round. Founded in 2020...

Chari E-commerce b2b

U.A.E

Twofour54 launches The Community Hub co-creating space in Abu Dhabi

UAE-based media, entertainment, and gaming zone twofour54, has launched ‘The Community Hub’ located at Yas Creative Hub, a...

uae startup Community Hub

Global

oktopi acquires UK edtech Tutor House

UAE-based edtech oktopi, has fully acquired UK-based tutoring platform Tutor House. Founded in 2021 by Emilie Thomas and Fadi Abbas,...

oktopi acquisition EdTech

Morocco

Morocco’s BMCE Capital launches $4.5 million fund to support local ecosystem

Morocco-based BMCE Capital Investment has launched a $4.5 million VC fund dedicated to financing Moroccan startups at the Seed...

BMCE Capital Investment VC fund

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