Wamda

Saudi Arabia

Saudi Lendo obtains SAMAs's crowdfunding licence

Saudi Arabia-based fintech Lendo, has obtained Saudi Central Bank’s (SAMA) licence to operate as a Shari'ah-compliant debt...

Lendo Crowdfunding

Saudi Arabia

DailyMealz raises $5.3 million pre-Series A round

Saudi Arabia-based healthy food delivery app DailyMealz, has raised SAR 20 million ($5 million) in a pre-Series A round, with...

Dailymealz

Egypt

Otida raises $340,000 for its diabetes management app

Egypt-based healthtech startup Otida, has raised $340,000 in a pre-Seed round led by Lofty Inc, a US-based VC, with participation...

Otida

Saudi Arabia

Saudi proptech Darent raises $1 million pre-Seed round

Saudi Arabia-based proptech Darent has raised $1 million in a pre-Seed round led by Watheeq Proptech Venture with the participation of...

Darent Proptech Watheeq

Saudi Arabia

Investment initiatives worth $4.2 billion announced at GEC Riyadh

Investment initiatives valued at $4.2 billion were announced at the Global Entrepreneurship Congress (GEC), held in Riyadh under the...

Saudi Arabia GEC Start-up

Morocco

Morocco’s Al Mada launches pan-African $109.5 million VC fund

Morocco-based Al Mada Holding Group has launched a $109.5 million pan-African venture capital fund to invest in fast-growing...

Al Mada africa Venture Capital

Egypt

Former CEO of Ebates invests in WaffarX, joins board

Former CEO of e-commerce and cashback platform Ebates Kevin Johnson, has invested and joined the board of Egypt-based fintech WaffarX as...

WaffarX

Saudi Arabia

Micromobility startup SPIDERS raises $1.4 million

Saudi Arabia-based micromobility startup SPIDERS, has raised a $1.4 million pre-Seed round led by Watheeq Capital. Founded in 2021 by...

SPIDERS micromobility

U.A.E

Digital health platform altibbi raises $44 million in Series B

UAE-based and Jordan-born digital health startup Altibbi, has raised a $44 million Series B funding round, led by Foundation Holdings,...

AlTibbi

Egypt

Fantasy football platform Eksab raises $3 million Seed round

Egypt-based daily fantasy football platform, Eksab, has secured a $3 million Seed funding round, led by 4DX Ventures with participation...

Eksab Fantasy Football

Global

SWVL acquires German mobility software startup door2door

Dubai-based mobility startup SWVL, has acquired Berlin-based public mobility solutions provider door2door for an undisclosed...

Swvl

Tunisia

Tunisia’s biotech WaterSpirit raises $872,000

Tunisia-based B2B biotech startup WaterSpirit has closed a fundraising round of $872,000 from undisclosed Tunisian investors. Founded...

WaterSpirit biotech

Egypt

Egypt launches digital payments system InstaPay

The Central Bank of Egypt (CBE) has applied an open banking system by launching the InstaPay application, a national system for instant...

InstaPay Open banking

Pakistan

Shorooq Partners invests in Pakistan-based COLABS

Shorooq Partners has invested in Pakistan-based COLABS’ $3 million seed round which was led by Indus Valley Capital, Zayn...

COLABS Shorooq Partners

Egypt

Sequence Ventures to invest in 10 startups through $8 million Deep-Tech fund

Egypt-based VC Sequence Ventures, is planning to invest $8 million (EGP150 million) in 10 tech companies this year via its Egypt...

Sequence Ventures Deep-Tech Fund

Pakistan

Saudi Sary expands to Pakistan with investment in B2B e-commerce Jugnu

Saudi Arabia-based e-commerce platform Sary, has expanded to Pakistan, by leading the investment round in Pakistan-based B2B e-commerce...

SARY Jugnu E-commerce

U.A.E

Cypher Capital launches $100 million blockchain-focused fund

UAE-based Cypher Capital has launched a $100 million VC fund to invest in startups in blockchain, crypto and other digital assets. The...

U.A.E

Shorooq Partners launches $150 million fund to back early-stage startups

UAE-based venture capital firm Shorooq Partners has launched Bedaya Fund II, a $150 million VC fund aimed at investing in early-stage...

Shorooq Partners

U.A.E

SHUAA Capital launches $250 million venture debt fund

SHUAA Capital has launched SHUAA Venture Partners, a $250 million Shari’ah fund focused on venture debt...

Shuaa Capital SHUAA Venture Partners

U.A.E

Hub71 startups have raised $408 million since 2019

Startups based in Abu Dhabi's tech ecosystem Hub71, have raised Dh1.5 billion ($408 million) in funding since 2019. The aggregate...

uae Hub71 Start-up

Jordan

Jordan's Ahli Fintech invests $190,000 in InvoiceQ

Jordan Ahli Bank's accelerator Ahli Fintech, has invested $190,000 in Jordan-based fintech InvoiceQ, after the startup...

InvoiceQ

Saudi Arabia

Carasti expands to KSA following $2 million bridge round

UAE-based mobility platform Carasti, has announced its expansion to Saudi Arabia following a $2 million bridge round from Net Ventures...

Carasti

U.A.E

FlapKap launches after raising $1.2 million led by A15

Egypt-based SaaS platform FlapKap, has launched after raising $1.2 million in a round led by A15. Co-founded by Ahmad Coucha (CEO),...

FlapKap

Saudi Arabia

Saudi fintech Arib raises $2.3 million Seed

Saudi Arabia-based fintech Arib, has raised $2.3 million in a Seed round, led by Merak Capital, with participation from angel...

Saudi Arabia fin-tech

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