Wamda

Jordan

Jordan-based Dawatech raises Seed round

Jordan-based healthtech Dawatech has raised a seven-digit Seed round, led by Access Bridge Ventures, with participation from ISSF and...

Dawatech healthtech Access Bridge Ventures

Saudi Arabia

Riyadh-based Shuttle raises $1 million led by Impact46

Saudi Arabia-based freight and logistics startup Shuttle has closed a SAR3.75 million ($1 million) Bridge to Seed round led by Impact46...

Shuttle Impact46

U.A.E

CARS24 raises $300 million Series G round led by Alpha Wave

Abu Dhabi's Alpha Wave has led a $300 million Series G round for India's used cars marketplace CARS24. The round also saw...

CARS24 Alpha Wave

Oman

Oman’s Akeed raises $2.5 million Series A round

Oman-based food delivery app Akeed Delivery has raised $2.5 million in a Series A round, backed by Phaze Ventures and IDO (Sovereign...

Akeed IDO Phaze Ventures

U.A.E

SimpliFi raises $5.1 million in funding to enhance its technology

UAE-based Cards as a Service (CaaS) platform for Mena and Pakistan SimpliFi, has raised $5.1 million in funding, from Global Founders...

SimpliFi CaaS Ra'ed Ventures

Saudi Arabia

Jahez sets final offer price for IPO at $226 per share

Saudi online food delivery platform Jahez has announced its initial public offering price on the Saudi parallel exchange market Nomu at...

Jahez

Egypt

AIM Technologies raises Seed round from Sequence Ventures

Cairo-based AI-based customer experience platform AIM Technologies has raised its Seed round, led by Sequence Ventures, a newly-launched...

AIM Technologies Sequence Ventures

Saudi Arabia

Sary raises $75 million Series C round

Saudi Arabia B2B e-commerce marketplace Sary has raised SR281 million ($75 million) in a Series C round led by Sanabil...

SARY B2B e-commerce

U.A.E

Wamda participates in Englease's $3.4 million Seed round

Wamda has participated in UAE-based online English teaching platform Englease.com's $3.4 million Seed round, co-led by US-based...

EdTech Englease

Egypt

SweepSouth fully acquires Filkhedma

South African startup SweepSouth, has acquired 100 per cent of Egypt-based marketplace for home services Filkhedma for an undisclosed...

Felkhedma home services marketplaces

Egypt

Flat6Labs partners with ESLSCA for student incubation programme

Flat6Labs has launched an innovation and entrepreneurship incubation programme, in partnership with ESLSCA University. The programme...

Flat6Labs ESLSCA

U.A.E

Mindshift Capital doubles fund size

UAE and US-based venture capital firm Mindshift Capital has doubled its fund size attracting new US and Middle East investors to its...

Mindshift Capital

Egypt

UAE’s ADQ to invest in Egypt as part of TSFE deal

Abu Dhabi’s state-owned holding firm ADQ has expanded its services into Egypt, by opening its Cairo office. The opening of...

ADQ Sovereign Fund of Egypt TSFE

Saudi Arabia

Rodha app raises $400,000

Saudi Arabia-based foodtech startup Rodha, has raised SAR 1.5 million ($400,000) via crowdfunding platform Scopeer. Founded by...

Rodha app Scopeer

U.A.E

MEVP makes partial exit from UK’s Fresha

UAE-based VC MEVP has made a partial exit from its investment in the UK-headquartered beauty app Fresha, with a secondary sale in the...

MEVP Fresha

U.A.E

Chimera Capital closes first VC fund at $75 million

UAE-based Chimera Capital Ltd has closed its first venture capital fund at $75 million, backed by Mubadala Investment Company alongside...

Chimera Capital fund

U.A.E

Careem enters quick-commerce space with launch of dark store grocery network

Careem is expanding its groceries offering by launching Careem Quik in the UAE, a quick-commerce e-grocery service enabled by a...

Careeem quick commerce e-grocery

Egypt

Egypt’s Sympl raises $6 million Seed round

Cairo-based fintech Sympl, has raised a $6 million Seed round. The fundraising was led by Beco Capital, along with A15...

Sympl Fintech

Global

Telfaz11 acquires indie film company Last Scene Films

Saudi entertainment group Telfaz11 has acquired Riyadh-based independent production house Last Scene Films. Founded by Mohammed...

Entertainment tech Telfaz11

Egypt

Minly acquires UAE’s shoutout platform Oulo

Egypt-based celebrity shoutout platform Minly has acquired its UAE rival Oulo for an undisclosed amount. Minly’s decision to...

Minly oulo

Egypt

Cairo Angels Syndicate Fund announces first close

Egypt-based angel network Cairo Angels has announced the first close of its micro-venture syndicate fund. The Cairo Angel Syndicate...

Cairo Angles

U.A.E

Childcare marketplace PureBorn raises $2 million Seed round

Dubai-based childcare marketplace PureBorn has raised a $2 million Seed funding round. Launched in 2017 by Hannah Curran, PureBorn...

PureBorn E-commerce

Bahrain

Calo raises $13.5 million Seed round

Bahrain-based foodtech Calo has raised $13.5 million in its Seed funding round, co-led by Khwarizmi Ventures, Nuwa Capital, and...

Calo healthy food

Regional

Opontia raises $42 million in Series A

UAE-based e-commerce enabler Opontia has raised $42 million in equity and debt in a Series A round led by STV. Opontia, founded by...

Opontia

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