Wamda

Pakistan

Pakistan’s PostEx to expand into GCC after securing $7.3 million pre-Series A

Pakistan-based fintech PostEx has raised a $7.3 million pre-Series A funding round, led by Conjunction Capital, along with Dash...

PostEx Sanabil500

U.A.E

Blockchain Centre, Gate Ventures launch $100 million fund to drive Web 3 innovation

Singapore-based Gate Ventures, the VC arm of Gate.io, and the Blockchain Centre in Abu Dhabi have launched a $100 million fund to drive...

Gate Ventures Blockchain Centre Falcon Gate Ventures

U.A.E

Meteora acquires property crowdfunding platform Maisour

UAE-based real estate developer Meteora Developers has acquired the Emirati property crowdfunding platform Maisour in a...

Meteora Maisour

Saudi Arabia

Asas closes $320,000 pre-Seed to propel Resquad AI platform development

Saudi Arabia-based IT services provider Asas Specialised Information Technology has raised $320,000 pre-Seed investment for its flagship...

Asas Specialised Information Technology Resquad AI

Saudi Arabia

Resal garners $9 million investment to accelerate growth within the Kingdom

Saudi Arabia-based e-gifting platform Resal has closed a $9 million Series A round. The round was backed by Derayah Ventures Fund,...

Resal Derayah Ventures Fund

Saudi Arabia

Saudi foodtech Yalla Plus closes $2.7 million Seed round

Saudi Arabia-based foodtech Yalla Plus has closed a Seed investment round of $2.7 million, led by Merak Capital, with participation from...

Yalla Plus foodtech Merak Capital

Saudi Arabia

Mithu secures $500,000 pre-Seed from Adaverse

Saudi Arabia-based loyalty platform aggregator Mithu has raised a $500,000 pre-seed round backed by the Web3 venture builder...

Mithu Adaverse

U.A.E

Yuze secures $30 million investment to fuel regional expansion

UAE-based fintech Yuze has raised $30 million in investment led by Osten Investments. Founded in 2022 by Rabih Sfeir, Yuze...

Yuze Fintech Osten Investments

Kuwait

Kuwait’s Kem secures $3 million investment from Tether

Kuwait-based fintech Kem has raised a $3 million investment from Tether, bringing the total investment Kem raised to date to $4.5...

Kem Fintech Tether

U.A.E

MealPlanet raises $6 million Seed led by MEVP

UAE-based foodtech MealPlanet has secured $6 million in a Seed round, led by regional Middle East Venture Partners (MEVP), AlTouq Group,...

MealPlanet MEVP foodtech

Saudi Arabia

Saudi Arabia’s Athir raises new investment round

Saudi Arabia-based healthtech Athir has raised its first investment funding round at an undisclosed amount, backed by Wa’ed...

Athir Wa'ed Ventures

Saudi Arabia

TWLM secures $270,000 investment to strengthen position in Saudi Arabia

Saudi Arabia-based food pick-up app TWLM has raised $270,000 in investment, led by B Group with contributions from angel...

TWLM f&b

Egypt

Egyptian fintech Lucky ONE raises $3 million in convertible note

Egypt-based fintech Lucky ONE has raised $3 million in a convertible note from Lorax Capital Partners, KEM, DisrupTech Ventures and...

Lucky ONE Fintech Lorax Capital Partners

Egypt

Egypt’s T-Vencubator launches new initiative to fund five local startups

Egypt-based VC-incubator T-Vencubator has launched its inaugural initiative "Where's the Problem?" to back the Egyptian...

T-Vencubator

Saudi Arabia

Saudi Arabia’s Blend closes $1.3 million pre-Seed round

Saudi Arabia-based SaaS provider Blend has raised $1.3 million in a pre-Seed investment round, backed by an undisclosed group of angel...

Blend SAAS

Egypt

Egypt’s Qardy secures seven-digit pre-Seed

Egypt-based fintech Qardy has raised a USD seven-figure pre-Seed round, invested by White Field Ventures, Vastly Valuable Ventures,...

Qardy Fintech White Field Ventures

U.A.E

Oraseya Capital invests in seven startups through SANDBOX accelerator

UAE-based SANDBOX, the accelerator programme backed by Oraseya Capital, has celebrated the graduation of seven startups as part of its...

Oraseya Capital Sandbox accelerator

Regional

Startupbootcamp partners with Meta to support MENA startups

The US tech giant Meta has joined forces with Startupbootcamp MENA to encourage the adoption of AI use cases in the MENA business...

startupbootcamp Meta AI

Egypt

Synapse Analytics secures $2 million to propel expansion plans

Egypt-based AI startup Synapse Analytics has raised $2 million in investment led by Silicon Badia. Synapse Analytics, part of Hub71...

Synapse Analytics silicon badia Hub71

Saudi Arabia

Saudi deeptech Intelmatix scores $20 million Series A

Saudi Arabia-based deeptech AI company Intelmatix has closed a $20 million Series A funding round, led by Shorooq Partners and joined by...

Intelmatix Deep-tech AI

Egypt

Cartona closes $8.1 million Series A in a mix of debt, equity

Egypt-based B2B e-commerce platform Cartona has raised $8.1 million in a Series A extension fundraise, led by Algebra Vent...

Cartona E-commerce Algebra Ventures

Egypt

Educatly concludes $2.5 million funding round

Egypt-based edtech Educatly has secured a new funding round of $2.5 million led by TLcom Capital and Plus VC. The round also saw...

Educatly EdTech TLcom Capital

U.A.E

Watermelon Ecosystem bags $4 million Series A

UAE-based F&B e-commerce platform Watermelon Ecosystem has closed a $4 million Series A funding round, led by undisclosed investors,...

Watermelon Ecosystem f&b E-commerce

Egypt

MNT-Halan acquires Tam Finans, extending its reach into Turkey

Egyptian fintech MNT-Halan has acquired Tam Finans, a Turkey-based commercial finance company in Turkey. Terms of the transaction were...

MNT-Halan

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