Wamda

U.A.E

Podeo closes $5.4 million Series A, eying global expansion

UAE-based podcast distribution platform Podeo has raised a Series A of $5.4 million, led by Oraseya Capital, with participation from...

Podeo podcast Oraseya Capital

Saudi Arabia

Mila Celebrations raises $227,000 pre-Seed

Saudi Arabia-based event planning platform Mila Celebrations has raised $227,000 in a pre-Seed round from angel...

Mila Celebrations

Egypt

EdVentures selects eight Egyptian edtech startups to support

Egypt-based EdVentures, the VC arm of Nahdet Misr Group specialising in edtech, has invested in eight new edtech startups. The eight...

EdVentures EdTech

Iraq

Iraqi q-commerce Padash closes $125,000 pre-Seed

Iraq-based q-commerce Padash has raised $125,000 in a pre-seed funding from an undisclosed angel investor. Founded in 2023 by...

Padash q-commerce

Palestine

EBRD pledges $3 million for Palestine's Ibtikar Fund II

The European Bank for Reconstruction and Development (EBRD) has committed $3 million to Ibtikar Fund II to back up to 25 early-stage...

European Bank for Reconstruction and Development EBRD ibtikar

Regional

Amplify Growth Partnership launches $100 million debt fund

Amplify Growth Partnership has launched a $100 million growth debt fund, which aims to provide debt capital to tech-focused...

Amplify Growth Partnership Ajeej Capital Nuwa capital

U.A.E

UAE’s Coral closes a Seed round at $3 million

UAE-based climatetech Coral has closed a $3 million Seed round, led by a group of investors. Founded in 2022 by Juergen Hoebarth and...

Coral Climatetech

Saudi Arabia

Merak Capital invests $82.8 million in SHIFT to spur its growth

Saudi Arabia-based mobility startups SHIFT has raised $82.8 million in investment from Merak Capital. Founded in 2017 by Khalid...

Shift mobility

Morocco

Kwiks secures $827,000 in funding from Azur Innovation

Morocco-based HRtech Kwiks has raised $827,000 in funding from Azur Innovation Management (AIM). Founded in 2013 by Amine Khayatei...

KWIKS Azur Innovation Fund

Morocco

Morocco’s Userguest closes $2.4 million Seed round

Morocco-based SaaS provider Userguest has closed a $2.4 million Seed round, led by Al Mada Ventures and featuring CDG Invest,...

Userguest SAAS Al Mada Ventures

Egypt

Egypt's Entrepreneur Awards announces winners of 2024 edition

Egypt’s Entrepreneur Awards (EEA) has celebrated the closing of the fourth edition of its annual contest, where 15 Egyptian...

EEA Egypt's Entrepreneur Awards

Jordan

Sira members unlock $3.2 million in value within first two years

Jordan-based membership-based business community Sira has announced achieving $3.2 million in value generated by 90 of its members...

Sira Business Community

Algeria

Algerian edtech LabLabee closes $3.4 million Seed round

Algeria-based edtech LabLabee has raised $3.4 million in a Seed funding round, led by Reach Capital with contributions from Classera and...

LabLabee Reach Capital EdTech

Egypt

Egypt’s SETTLE secures $2 million pre-Seed

Egypt-based fintech SETTLE has raised a $2 million pre-Seed round, led by Shorooq Partners, with support from El Sewedy Capital Holding,...

SETTLE Fintech Shorooq Partners

U.A.E

Plain Tiger raises undisclosed investment from COREangelsMEA

UAE-based B2B marketplace Plain Tiger has raised an investment from COREangelsMEA, a member of COREangels International, for an...

Plain Tiger COREangelsMEA E-commerce

Egypt

Egyptian edtech Farid secures $250,000 pre-Seed

Egypt-based edtech Farid has raised $250,000 in a pre-Seed funding round from Saudi businesswoman Amal bint Abdulaziz...

Farid EdTech

Saudi Arabia

Darent closes a Seed round led by Al Tawuniya Insurance

Saudi Arabia-based proptech Darent has closed an undisclosed Seed funding round, led by Al Tawuniya Insurance, with participation from...

Darent Tawuniya Insurance Proptech

Egypt

Egyptian businessmen launch $42 million NextEra to transform educational landscape

A coalition between EYouth and a list of Egyptian businessmen, including Mohamed Farouk, Ahmed Tarek, Mustafa Abd Ellatif and Mokhtar...

NextEra Education EYouth Education

U.A.E

Seez raises $4.2 million to fast-track US expansion plan

Seez, a UAE-based automotive SaaS startup, has raised $4.2 million from several international investors. Founded in 2015 by Tarek...

Seez SAAS

Egypt

Sultan Ventures acquires Acasia Group to extend foothold in MENA

US-based VC firm Sultan Ventures has acquired the Egyptian angel investment syndicate and incubator, Acasia Group, for an unknown...

Sultan Ventures Acasia Group

Saudi Arabia

UmrahCash secures $500,000 investment from Adaverse

Saudi Arabia-based fintech for Umrah and Hajj UmrahCash has secured a $500,000 investment from Adaverse. Founded in 2024 by...

UmrahCash Adaverse

U.A.E

Hub71 welcomes 21 startups in cohort 15

Hub71, Abu Dhabi's global tech ecosystem, has welcomed 21 startups in Cohort 15, increasing the total number of ventures it supports...

Hub71

Egypt

Paymob secures an extra $22 million for Series B round

Egypt-based fintech Paymob has raised a $22 million Series B extension round, bringing the company’s total Series B funding to $72...

Paymob Fintech EBRD Venture Capital

Egypt

Athar Climate Action Accelerator empowers green entrepreneurs in Upper Egypt

Egypt-based Athar Accelerator has celebrated the graduation of the fifth cohort of its Climate Action Accelerator Programme. The demo...

Athar Climate Action Accelerator DFC Athar Accelerator

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