Wamda

Oman

Snoonu acquires Oman’s Akeed

Qatar-based super app Snoonu, has acquired Oman’s food delivery platform Akeed for an undisclosed sum. Founded in 2019 by Hamad...

Snoonu Akeed

Jordan

US’ Novajax acquires Jordan's Jobedu

Jordan-based fashion brand Jobedu has been acquired by the US-based Web3 platform Novajax, for an unknown sum. Founded in 2007 by...

Novajax Jobedu Fashion

Egypt

Gooo Delivery raises pre-Seed round

Egypt-based on-demand delivery startup Gooo Delivery has closed a pre-Seed round. The amount raised was not disclosed. Founded in 2020...

Gooo Delivery Delivery

Saudi Arabia

STC, Alibaba to launch Alibaba Cloud in Saudi Arabia

Saudi Arabia’s national telecoms provider STC Group has partnered with China’s Alibaba Group to establish Alibaba Cloud for...

STC Alibaba Alibaba Cloud

Tunisia

216 Capital Ventures raises $9.6 million for first close of its fund

Tunisia-based VC firm 216 Capital Ventures has raised $9.6 million in the first tranche of its 216 Capital Fund, of which $6.4...

212 Capital

Morocco

Morocco’s Cloudfret raises $1 million to back expansion

Morocco-based SaaS startup Cloudfret, has raised a $1 million round, led by Plug and Play, PRC Ventures ICAV, Azur Innovation Fund,...

Cloudfret

Saudi Arabia

iStoria raises pre-Seed round from Nama Ventures

Saudi Arabia-based edtech iStoria has raised an undisclosed pre-Seed funding round from Nama Ventures. Founded in August 2020 by...

iStoria Nama Ventures

Egypt

Natrify raises pre-Seed round to develop biodegradable plastics

Egypt-based biotechnology startup Natrify, has raised a six-figure pre-Seed round from Ambo ventures, a recently launched,...

Natrify

Egypt

Dstny acquires Egypt-founded Tactful AI

Belgium-based business communications provider Dstny, has acquired Egypt and UK-based Tactful AI for an undisclosed sum. Founded in...

Tactful AI

Egypt

Egypt’s Esaal raises $1.7 million Seed

Egypt-based healthtech startup Esaal, has raised a $1.7 million Seed round from A15 to scale its operations across its home market as...

Esaal

U.A.E

Crypto edtech Coinmarketpedia raises $2 million pre-Seed round

UAE-based decentralised crypto and blockchain educational platform Coinmarketpedia, has raised $2 million in a pre-Seed round. The...

Coinmarketpedia Cryptocurrencies Blockchain

Saudi Arabia

RedBox closes $5 million pre-Series A round

Saudi Arabia-based logistics startup RedBox has raised $5 million in a pre-Series A investment round, led by RAAF Holding Company and...

Red Box Last mile smart locker

Kuwait

Kuwait’s Enabill raises $1.2 million Seed round

Kuwait-based fintech Enabill, has raised $1.2 million in a Seed funding round with participation from The Taken Seat venture builder and...

Enabill The Taken Seat

U.A.E

Cypher Capital invests $5 million in Ocean Protocol

UAE-based VC Cypher Capital, has set up an ecosystem fund together with Ocean Protocol to which it will be allocating $5 million to...

Cypher Capital

U.A.E

Ogram raises $3 million Series A round

UAE-based recruiting platform Ogram has announced a $3 million Series A funding round, led by Modus Capital and Aditum Investment...

Ogram Modus Capital recruitement

Bahrain

Bahrain's Tenmou invests in Unipal

Bahrain angel investor network Tenmou, has upped its investment in edtech UNIPAL with an undisclosed amount. Founded in 2020 by Ali...

Tenmou Unipal

Saudi Arabia

8020 Capital launches $10 million accelerator fund

Saudi Arabia-based VC “8020 Capital” has launched a $10 million accelerator and startup studio fund to invest in and develop...

8020 Capital Accelerator and Startup Studio

U.A.E

KRUSH Brands raises $4.5 million for its virtual restaurant marketplace Locale

Locale, the UAE-based online marketplace for virtual restaurants built by cloud kitchen platform KRUSH Brands has raised $4.5 million...

foodtech cloud kitchen KRUSH Brands

Egypt

Sylndr raises $12.6 million pre-Seed round to scale its marketplace for used cars

Sylndr, an Egypt-based online marketplace for used cars, has raised a $12.6 million pre-Seed round, led by RAED Ventures, with...

Sylndr

Morocco

Moroccan healthtech Blink Pharma raises first funding round

Morocco-based healthtech Blink Pharma has raised investment from Azur Innovation Fund for an undisclosed amount. Launched in 2020 by...

Blink Pharma Azur Innovation Fund

Jordan

Jordan’s Kitchefy raises $350,000 pre-Seed round

Jordan-based cloud kitchen Kitchefy, has raised a $350,000 pre-Seed round, led by the Oasis 500 fund, the Beyond Capital Fund, MyStartUp...

Kitchefy cloud kitchen Oasis 500

U.A.E

Alpha Dhabi to invest $2.5 billion in Alpha Wave Ventures II fund

UAE-based investment company Alpha Dhabi Holding PJSC has made a Dh9.2 billion ($2.5 billion) commitment to invest in Chimera Capital...

Alpha Dhabi Chimera Capital Alpha Wave Ventures II

Morocco

AutoCheck acquires Morocco-based KIFAL Auto

Nigeria-based automotive technology startup AutoCheck, has acquired Morocco-based KIFAL auto, as it aims to ramp up expansion into...

AutoCheck

Egypt

Healthtech startup Doxx launches after raising $1.5 million Seed round

Egypt-based healthtech startup Doxx has launched after closing a $1.5 million Seed round, led by Openner and Elevate. Founded in 2021...

Doxx

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