Wamda

Egypt

Weelo raises six-figure Seed round

Egypt-based B2B software as a service (SaaS) startup Weelo, has raised a six-figure Seed funding round, led by SkaleUp Ventures and...

Weelo seed investment B2B ecommerce Mena

Saudi Arabia

Dailymealz raises $2 million in pre-Series A

Saudi Arabia-based food subscription startup, Dailymealz, has raised $2 million in a pre-Series A round led by Seedra Ventures and joined...

Dailymealz foodtech

Global

SIP debuts fund for US startups looking to scale across Mena

US and Tokyo-based venture capital firm SIP Global Partners recently announced the first close of $75 million for its debut fund, targeting...

Venture Capital

U.A.E

Cloud kitchen operator iKcon raises $20 million in Series A

UAE-based cloud kitchen operator iKcon has raised a $20 million Series A funding round led by regional investment groups including Mohamed...

cloud kitchen Series A

Global

Alpha Wave co-leads $400 million funding round in India's Dream Sports

Source: The Economic Times Dream Sports, the Indian sports technology company, which owns the leading fantasy sports platform...

Alpha Capital DreamSports Dream11

Global

UAE's ALFAHIM Group invests in Berlin-based Blacklane

Source: TechCrunch Blacklane — the Berlin startup that provides on-demand black-car chauffeur services in Berlin, London,...

AlFahim Group automotive sustainable mobility

Saudi Arabia

Zid raises $7 million Series A funding

Saudi Arabia-based e-commerce enablement platform Zid, has raised $7 million (SAR 26 million) in a Series A funding round, led by Global...

Zid ecommerce enablement Series A

Jordan

Aumet raises six-figure pre-Series A investment

Jordan-based B2B healthcare marketplace Aumet, has raised a six-figure pre-Series A funding round, led by Shorooq Partners. Launched in...

Aumet healthtech Pre Series A

Saudi Arabia

Wamda participates in Hala’s $6.5 million Series A round

Wamda has invested in Saudi Arabia-based fintech Hala, participating in its $6.5 million Series A round. Other investors in the round...

Hala Fintech wamda

Global

UAE's TCN International invests $10 million in India-based Zaara Biotech

Source: Business Line Zaara Biotech, a student biotech startup fostered under the Innovation and Entrepreneurship Development...

Zaara Biotech TCN International foodtech

Kuwait

SBX Capital and Farah AlHumaidhi acquire 40 per cent of Dawarat

SBX Capital and Kuwait-based interior designer and entrepreneur Farah AlHumaidhi, have acquired 40 per cent of Kuwait-headquartered edtech...

SBX Capital edtech in Mena Dawarat

Lebanon

Podeo raises Seed investment led by Razor Capital

Lebanon-based podcast platform, Podeo, has raised an undisclosed Seed investment round, led by Razor Capital with co-investments from...

Podeo podcast

Saudi Arabia

Bonat raises Seed investment led by Impact46

Saudi Arabia-based customer engagement platform, Bonat, has raised its Seed investment round, led by Impact46 with participation from Saudi...

Bonat Impact46

Egypt

zVendo raises six-figure Seed round for expansion

Egypt-based e-commerce enabler zVendo, has raised a six-figure seed funding round. Investors include EFG EV Fintech along with some...

zVendo ecommerce enablement Seed funding

U.A.E

KLAIM raises $1 million in its Seed round

UAE-based fintech platform, KLAIM has raised $1 million in Seed investment from TechStars and a group of strategic regional investors,...

fin-tech SAAS uae

U.A.E

Grubtech raises $3.4 million in pre-Series A

UAE-based foodtech startup Grubtech, has raised a $3.4 million pre-Series A investment from several regional family offices, a US-based...

foodtech GrubTech

Jordan

Propeller launches new fund to invest in early-stage startups

Jordan-based venture capital (VC) firm Propeller, has announced the first close of its second fund which will focus on pre-Seed and...

Propeller VC fund VC

Saudi Arabia

Wafeer closes pre-Seed funding round led by Nama Ventures

Saudi-Arabia based fintech startup Wafeer, has raised an undisclosed amount in a pre-Seed funding round led by Nama Ventures, with...

Wafeer Fintech pre-Seed

Bahrain

Dtec, OQAL sign MoU to develop startup ecosystem in GCC

Dubai Technology Entrepreneur Campus (Dtec), has entered into a memorandum of understanding (MoU) with Saudi Arabia-based OQAL Angel...

Oqal dtec GCC

Saudi Arabia

Fastcoo and Tracking merge in $720,000 deal

Saudi-Arabia based software company Fastcoo, and Tracking, a GPS tracking system, have merged in a deal valued at SAR 2.7 million...

Fastcoo Saudi Arabia Tracking

U.A.E

Pure Harvest announces sukuk funding, raises $60 million this year

UAE-based, agritech Pure Harvest Smart Farms has raised $50 million in growth funding through a sukuk, an Islamic structured finance...

Pure Harvest Smart Farms agritech

U.A.E

Dubai SME launches Tjaarz Business Incubation Centre

Source: WAM Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, announced the...

Dubai SME ecommerce Tjaarz Business Incubation Centre

Saudi Arabia

Lendo raises $7.2 million in Series A

Saudi Arabia-based Shari’ah compliant fintech startup Lendo, has raised a $7.2 million Series A funding round (SAR 27 million), led...

Lendo Series A SME lending

Egypt

Dayra raises $3 million pre-Seed investment, joins Y Combinator

Egypt-based fintech Dayra, has raised a $3 million pre-Seed debt and equity investment from Tanmiya Capital Ventures, EFG EV Fintech, EFG...

Dayra Tanmiya Capital Ventures EFG Hermes

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