Wamda

U.A.E

UAE’s Eat App raises $11 million Series B round

UAE-based restaurant reservations platform Eat App has closed an $11 million Series B round from MEVP, 500 Startups, Derayah VC, Dallah...

Eat App foodtech

U.A.E

LinkedIn reveals top UAE startups for 2022

LinkedIn has announced its annual ranking of the top 10 UAE-based startups that have demonstrated exceptional growth in the past year...

LinkedIn startups

Egypt

Egypt’s Partment raises $1.5 million pre-Seed round

Egypt-based proptech Partment, has closed its pre-Seed round at $1.5million, led by Nclude, Plus Venture Capital (+VC), along with a...

Partment Proptech

Egypt

Tabby partners with Paymob to offer BNPL to Egyptian retailers

UAE-based fintech Tabby, has partnered with Egypt’s digital payment solution fintech Paymob to create a seamless buy now pay later...

Tabby Paymob BNPL

Egypt

Mazaya raises a $5 million pre-Seed round

Egypt-based B2B marketplace Mazaya has closed a $5 million pre-Seed round led by Raya Trade & Distribution. Founded in 2021 by...

Mazaya Raya holding

U.A.E

Further Ventures launches $200 million fund

UAE-based investment firm Further has launched a $200 million fund dedicated to co-creating ventures focused on digital assets, fintech...

Further Ventures ADQ

Egypt

Egypt’s InGame Sports raises pre-Seed round

Egypt-based gaming platform InGame Sports, has raised over $1 million in cash, in-kind resources, and grants in a pre-Seed round led by...

InGame E-sports

Palestine

Palestine’s BlueFilter wins $10,000 in IGNITE competition

Gaza-based startup BlueFilter, has won first prize in the Startups on the Move Pitch Competition, hosted by Startups Without Borders,...

BlueFilter ignite Startups Without Borders

Saudi Arabia

Unifonic launches accelerator programme in partnership with The Space

Saudi Arabia-based customer engagement platform Unifonic, has launched an accelerator programme called UnifonicX, in partnership with...

UnifonicX acceletator Unifonic

U.A.E

NIFTY Souq closes $1.5 million Seed round

UAE-based NFT marketplace NIFTY Souq has secured $1.5 million in Seed investment from Palm Ventures, Falak Investment Hub and Fitzy Fund...

NIFTY Souq Palm Ventures Falak investment hub

Saudi Arabia

Elevatus raises $10.5 million Series A round

Saud Arabia-based recruitment platform Elevatus has completed a $10.5 million Series A round, co-led by Global Ventures and Wa’ed...

Elevatus Global Ventures Wa’ed Ventures

Egypt

Egypt’s Exits.me raises $1 million pre-Seed round

Egypt-based investment marketplace Exits.me, has raised $1 million in a pre-Seed round from a group of local investors, a UK-based...

Exists.me

Saudi Arabia

erad raises $2.4 million pre-Seed round

Saudi Arabia-based fintech erad, has raised a $2.4 million pre-Seed funding round, backed by UAE-based Nuwa Capital and VentureSouq, as...

erad Nuwa capital VentureSouq

Palestine

Gaza-based healthtech AlRazi wins $20,000 at Boost Without Borders competition

Gaza-based healthtech AlRazi has won first place in a competition held by Startups Without Borders in partnership with Meta, with a...

Alrazi healthtech Startups Without Borders

U.A.E

UAE’s MetaFi raises $3 million

UAE-based metaverse startup MetaFi, has raised $3 million from DoublePeak Group, Maven Capital, OKX Blockdream Ventures, Megala...

MetaFi

Egypt

ECC Group acquires majority stake in Source Beauty

Egypt-based cosmetics company ECC group has acquired a majority stake in beauty products marketplace Source Beauty, for an unknown...

cosmetics Source Beauty ECC Group

Egypt

Biola Alabi joins CASF as venture partner

Egypt-based VC Cairo Angels Syndicate Fund (CASF) has announced having the Nigerian businesswoman Biola Alabi join as a Venture Partner....

CASF The Cairo Angels Biola Alabi

U.A.E

The Cloud closes $10 million Series A round

UAE-based cloud kitchen The Cloud has raised a $10 million Series A round, led by Middle East Venture Partners (MEVP) and Olayan...

The Cloud

Regional

Omgyno, Siira, Maternally win the Organon and Flat6Labs’ Femtech Accelerator awards

Three femtech startups: Omgyno, Siira and Maternally have been named the winners of Organon and Flat6Labs’ FemTech Accelerator...

Flat6Labs Organon femtech

Global

LYVE acquires majority stake in Shopini World

Abu Dhabi-based B2B logistics SaaS platform Lyve Global, has acquired a majority stake in Shopini World, a cross-border e-commerce...

Lyve

Bahrain

Al Waha Fund, Hambro Perks launch fintech venture studio

Bahrain's Al Waha Fund of Funds has partnered with UK investment firm Hambro Perks, to launch HP Spring Studios, a fintech venture...

Al Waha Fund of Funds Hambro Perks HP Spring Studios

Jordan

Sowt Media acquires UAE’s Finyal Media

Jordan-based Sowt Media has acquired UAE-based podcast production company Finyal Media for an undisclosed amount, financed by the US...

Finyal Sowt Media production

Jordan

Jordan’s liwwa closes $18.5 million pre-Series B round

Jordan-based fintech liwwa has closed an $18.5 million pre-Series B round of equity and debt. The $4.5 million in equity investment was...

liwwa

Egypt

Medical training platform 5 Quarters raises Seed round

Egypt-based edtech 5 Quarters has raised an undisclosed Seed round from a Saudi angel investor. Founded in 2016 by Mohamed Salah and...

5 Quarters EdTech

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