Wamda

U.A.E

Mindshift Capital invests in US fitness startup

UAE-based Mindshift Capital has invested in US-based digital fitness platform FORTË, a subscription-based service offering...

Mindshift Capital Fund

Egypt

Homzmart closes $15 million Series A round

Egypt-based Homzmart, an online furniture and home goods marketplace has raised $15 million in its Series A round led by MSA...

Homzmart

Saudi Arabia

Jahez considering IPO on Saudi's Nomu

Saudi Arabia-based food delivery startup Jahez is considering going public on Nomu, Saudi Arabia's secondary exchange for SMEs and...

Jahez Food delivery ipo

Egypt

Bosta raises $6.7 million Series A round

Egypt-based logistics and last-mile delivery company Bosta, has raised a $6.7 million Series A round led by global VC fund Silicon...

Bosta Last mile delivery Logistics

Egypt

Telda raises $5 million pre-Seed round led by Sequoia Capital

Egypt-based fintech startup Telda, has raised a $5 million pre-Seed round, led by Sequoia Capital, with participation from Global...

Telda Fintech Gen Z

U.A.E

Mamo raises $8 million in pre-Series A

UAE-based fintech startup Mamo has raised $8 million in its pre-Series A round led by Global Ventures, with the participation of 4DX...

mamo pay digital wallet

U.A.E

Foloosi raises $2 million in pre-Series A

UAE-based fintech startup Foloosi, has raised a $2 million (AED 7.4 million) pre-Series A funding round from Abu Dhabi-based angel...

Foloosi Fintech pre-Series A

Jordan

ISSF invests $150,000 in Trteeb

Jordan’s ISSF has invested $150,000 in Jordan and Saudi Arabia-based Trteeb. The investment was made in January 2021. Trteeb is...

marketplace

U.A.E

MyBenefits raises $780,000 Seed round

UAE-based employee benefit platform MyBenefits, has raised a $780,000 Seed round from EdgeGlobal, with participation from individual...

MyBenefits Employee benifit programmes seed

Oman

MHD invests in Nabay.com

Source: Times of Oman Mohsin Haider Darwish, one of the largest and pioneering business houses in the Sultanate of Oman, has signed an...

Nabay.com ecommerce

U.A.E

Crescent Enterprises to double investments in startups to $272 million by 2022

UAE-based Crescent Enterprises announced doubling its venture capital investments in startups to $272 million (Dh 1 billion) by...

uae Venture Capital

U.A.E

nybl acquires Mexico-based machine learning startup Nubila

UAE-based nybl, an artificial intelligence (AI) and machine learning startup has acquired Nubil, a Mexico-based visual data mining and...

nybl Artificial intelligence machine learning

U.A.E

Derq raises $500,000 from Wadi Makkah Ventures

Derq has raised $500,000 from Wadi Makkah Ventures as part of its pre-Series A round, which included other global investors. The...

Artificial intelligence Analytics

Saudi Arabia

Sary raises $30.5 million Series B

Saudi Arabia-based B2B marketplace Sary has raised $30.5 million in a Series B round led by VentureSouq with participation from new...

SARY B2B e-commerce b2b

Saudi Arabia

Retailo raises $6.7 million seed round

Saudi Arabia-based B2B e-commerce marketplace Retailo, has raised a $6.7 million seed round, co-led by Shorooq Partners and Abercross...

Retailo seed b2b

Jordan

CarSeer raises six-figure Seed investment

Jordan-based CarSeer, has secured a six-figure Seed investment from Arzan Venture Capital. Co-founded by Hashim Hasan and Amjad...

CarSeer automotive Arzan Venture Capital

Egypt

Flextock raises $3.25 million pre-Seed round

Egypt-based e-commerce logistics marketplace Flextock, has raised a $3.25 million pre-Seed funding round from regional investors...

Flextock Logistics ecommerce

Jordan

Amam Ventures launches in Jordan to support women-focused SMEs

Amam Ventures has launched in Jordan with a fund anchored by the Innovative Startups and SMEs Fund (ISSF) and Dutch Good Growth Fund...

Jordan Amam Ventures

U.A.E

Protect4less raises $1 million in pre-Series A

UAE-based insuretech startup Protect4less, has raised a $1 million pre-Series A round from a group of family offices and private...

protect4less Pre Series A

Pakistan

Dubai's VentureSouq invests in Karachi-based CreditBook's $1.5 million seed round

Source: Tech in Asia Pakistan has one of the world’s fastest-growing middle class populations and has seen a 720% increase in 4G...

VentureSouq CreditBook Bookkeeping

Saudi Arabia

Quix raises $800,000 for its drone-based delivery platform

Saudi Arabia-based logistics and on-demand delivery platform Quix, has raised SAR 3 million ($800,000) pre-launch from over...

Quix Crowdfunding delivery solutions

Egypt

GIZ, Endure Capital, Changelabs launch training programme for first-time fund managers

GIZ Egypt, in partnership with Endure Capital and Changelabs, has launched the “VC University” programme, targeting first-time...

GIZ Egypt Endure Capital MSMEDA

Jordan

Algebra Intelligence raises $310,000 pre-Seed funding

Jordan-based energy monitoring solutions startup Algebra Intelligence, has raised a $310,000 pre-Seed funding round from...

Algebra Intelligence TaQtak smart energy solutions

U.A.E

Dubai launches Food Tech Valley

Source: The National Dubai has launched a major new food technology hub set to act as a "global destination" for...

foodtech

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