Wamda

Saudi Arabia

BIM Ventures launches $32 million BIM Investments II

Saudi Arabia-based VC venture studio BIM Ventures has announced the launch of its second VC fund “BIM Investments II” with a...

BIM Ventures BIM Investments II Venture Capital

Egypt

MNT-Halan acquires Talabeyah for undisclosed amount

Egypt-based fintech MNT-Halan has acquired B2B e-commerce platform Talabeyah for an undisclosed amount. Founded in 2017 by Mounir...

MNT-Halan Talabeyah FMCG

U.A.E

Vamstar closes $9.5 million Series A round

UAE-based healthtech Vamstar, has closed its $9.5 million Series A funding round, led by Alpha Intelligence Capital (AIC) and Dutch...

Vamstar healthtech Alpha Intelligence Capital

Egypt

AI startup Synapse Analytics raises $2 million pre-Series A round

Egypt-based AI tech startup Synapse Analytics, has raised $2 million in a pre-Series A funding round led by Egypt Ventures, with...

Synapse Analytics Egypt Ventures AI

Egypt

Disruptech secures funding from AXIAN Group

Egypt-based Disruptech, a fintech-focused VC fund, has secured funding from Madagascar-based AXIAN Group. The deal will enable...

Disruptech

Egypt

Saudi’s T2 signs investment agreements with Fawry, Khazna, Khwarizmi Ventures

Saudi Arabia-based Business Research and Development Company (T2) signed an investment and partnership agreement with Egypt’s...

Mohammed Bin Salman Khazna fawry

Saudi Arabia

Kleen bags $2 million to digitise local laundry market

KSA-based SaaS startup Kleen, has raised a $2 million (SAR 7.5 million) Seed round from Plus Venture Capital (+VC), and...

Kleen

U.A.E

Aldar invests in Taronga Ventures

UAE-based property developer Aldar, has invested in global real estate technology fund Taronga Ventures. Taronga Ventures will...

Aldar Properties properties Taronga Ventures

Egypt

valU sells minority stake to Alhokair family

Egypt-based fintech valU has sold a minority stake of 4.99 per cent to members of Saudi Arabia’s Alhokair family for $12.4...

valu Alhokair EFG Hermes

U.A.E

Huspy raises $37 million Series A led by Sequoia Capital India

UAE-based proptech Huspy, has raised a $37 million Series A funding round led by Sequoia Capital India, with participation from Founders...

Proptech huspy Sequoia Capital

U.A.E

WEMA Health launches after raising $3.5 million Seed round

UAE-based WEMA Health, a newly-launched healthtech startup focused on weight loss and diabetes, has raised a $3.5 million Seed...

WEMA Health Dawn Health healthtech

Saudi Arabia

Torod raises $1.33 million Seed round led by IMPACT46

Saudi Arabia-based logistics platform Torod, has raised a $1.33 million Seed round led by IMPACT46 with participation from local...

Torod Impact46 Seedra Ventures

Egypt

EFG Hermes' Tanmeyah acquires B2B marketplace Fatura

Egypt-based Tanmeyah for Microfinance Services, a subsidiary of EFG Hermes Holding, has acquired Fatura, a provider of B2B e-commerce...

Fatura

Morocco

Digital staffing platform Jobop raises $1 million Seed round

Morocco-based Jobop has raised a $1 million Seed round, led by Azur Innovation Fund, with participation from Plug and Play, and business...

Jodop

Saudi Arabia

Wa'ed leads $50 million Series B round for US-based fintech startup Wahed

Wa’ed, Saudi Aramco’s Entrepreneurship Centre, has led a $50 million Series B round for US-based fintech app Wahed, which...

Wa'ed Wahed

Egypt

Egypt's Boyot raises fresh funding to digitise real estate payments

Egypt-based Boyot has raised a pre-Seed round from a Kuwait-based real estate firm. Founded in 2020 by Mahmoud El Sabongy (CEO) and...

Boyot

Qatar

Qatari fintech CWallet raises $875,000 pre-Series A round

Qatar-based fintech CWallet has raised $875,000 in a pre-Series A round led by MBK Holding with participation from Angels.qa, and other...

cwallet MBK Holding W.L.L

Egypt

Egypt’s Khazenly raises $2.5 million Seed round

Egypt-based logistics platform Khazenly, has fundraised a $2.5 million Seed round, co-led by Arzan Venture Capital and Shorooq Partners,...

Khazenly Arzan Venture Capital Shorooq Partners

U.A.E

Cartlow secures $18 million Series A round

UAE-based "reverse logistics" provider Cartlow, has raised an $18 million Series A round, led by Saudi investment firm...

Cartlow AlSulaiman Group Reverse Logistics

Kuwait

Saudi Jadwa acquires majority stake in Kuwait’s Dabdoob

Saudi Arabia-based Jadwa Investment has acquired 70 per cent of Kuwaiti company Dabdoob Holdings, marking Jadwa’s first regional...

Jadwa Investment Dabdoob

U.A.E

SmartCrowd raises $3 million bridge round

UAE-based real estate crowdfunding platform SmartCrowd, has raised a $3 million bridge round led by Mad’a Investment Company, with...

SmartCrowd

Egypt

The Cairo Angels invests in Nigerian fintech CredPal

Egypt-based VC fund The Cairo Angels Syndicate Fund (CASF) has invested an unknown amount in the Nigerian fintech CredPal, which is...

CredPal Cairo Angles CASF

Egypt

Petcare provider Vetwork raises Bridge round

Egypt-based petcare platform Vetwork has raised a Bridge round from several investors from Saudi Arabia and members of the Alexandria...

Vetwork Alexandria Angel Network

U.A.E

KOI Ride raises $3 million investment round

UAE-based B2B ride-hailing services startup KOI Ride has closed a $3 million round with investment from CEG Invest and Taurus Wealth...

KOI Ride ride-hailing

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