Wamda

U.A.E

Maalexi raises $1 million investment from Stride Ventures

UAE-based Maalexi agriculture-focused fintech Maalexi has raised a $1 million venture debt from Stride Ventures. Founded in 2021...

Maalexi Stride Ventures Fintech

Egypt

Raya FutureTECH wraps up first accelerator programme

Egypt’s Raya FutureTECH, the innovation arm of Raya Holding, has concluded its first accelerator programme in collaboration with...

Raya FutureTECH Raya holding accelerator

U.A.E

India’s CoinDCX acquires BitOasis in MENA expansion bid

India-based crypto exchange company CoinDCX has acquired the UAE-based virtual assets trading platform BitOasis, for an undisclosed...

BitOasis CoinDCX cryptocurrency

Egypt

EdVentures invests $400,000 in Egypt’s El Kheta

Egypt-based edtech startup El Kheta has raised a $400,000 investment from EdVentures. Founded in 2019 by Mohamed Mahmoud, El Kheta...

EdVentures El Kheta EdTech

Saudi Arabia

Saudi Arabia’s Jeel attracts new seven-figure investment

Saudi Arabia-based edutainment platform Jeel has raised a seven-figure funding round from RZM Investments and angel...

Jeel RZM Investments

Iraq

Iraq’s Alsaree3 Closes 7-figure Series A round

Iraq-based food delivery app Alsaree3 has raised a seven-figure Series A funding round, from investors including Iraq Venture Partners...

Alsaree3 Iraq Venture Partners Snoonu

Egypt

Connect Money raises $8 million Seed round

Egypt-based fintech Connect Money has closed its Seed funding round of $8 million led by Disruptech Ventures and Algebra...

Connect Money Fintech Algebra Ventures

U.A.E

Comfi secures $5 million debt facility to expedite BNPL plans

UAE-based fintech Comfi has secured a $5 million debt facility from an undisclosed Abu Dhabi-based private family...

Comfi Fintech

Jordan

ISSF injects $2 million in VentureSouq second fund

Jordan’s Innovative Startups and SMEs Fund (ISSF) has invested $2 million in VentureSouq Fund II, managed by the UAE-based VC fund...

VentureSouq ISSF

Egypt

HSBC to back fintech in Egypt with $31 million fund

HSBC Egypt is planning to launch a fund worth EGP 1.5 billion ($31.5 million) to back the fintech sector in the North African...

HSBC Fintech

U.A.E

UAE’s Now Money closes $4 million equity round

UAE-based fintech NOW Money has closed a $4 million equity round. The investment completes the second round of funding for the Company...

now money Fintech

U.A.E

Qstay secures $4.6 million pre-Series A round

UAE-based hospitality platform Qstay has raised $4.6 million in a pre-Series A funding round, through a combination of conventional and...

Qstay hospitality

U.A.E

Polynome Group launches $100 million fund to invest in AI startups

UAE-based event management company Polynome Group has announced a $100 million fund to invest in AI startups. The fund will invest in...

Polynome Group AI

Iraq

Iraq’s Orisdi lands six-figure bridge round

Iraq-based e-commerce platform Orisdi has raised a six-figure bridge round of investment, backed by existing investors, including Al...

Orisdi E-commerce

Egypt

i'SUPPLY closes pre-Series A round led by Disruptech

Egypt-based B2B medtech i‘SUPPLY has secured a pre-Series A round, which brings the company’s total funding to $2.5 million...

i'SUPPLY Disruptech Ventures medtech

Egypt

The Potcast Productions secures follow-up investment from IMP

Egypt-based podcast production company “The Potcast Productions Company” (TPP) has closed a pre-Seed funding round with...

The Potcast Productions TPP podcast

U.A.E

Tenderd secures $30 million Series A led by A.P. Moller

UAE-based contech Tenderd has closed a $30 million Series A funding round, led by A.P. Moller Holding, along with new investors,...

Tenderd contech

Qatar

Rasmal Ventures launches $100 million debut VC fund

Qatar-based VC firm Rasmal Ventures LLC has launched its first home-grown fund to drive innovation and investment in Qatar and the MENA...

Rasmal Ventures

Saudi Arabia

Saudi Arabia’s Tahdir closes $270,000 pre-Seed round

Saudi Arabia-based edtech Tahdir has closed a pre-Seed funding round of $270,000 from a group of angel investors. Founded by Mohammed...

Tahdir EdTech

Kuwait

Waves closes investment round co-led by BNK Capital, Aujan Enterprises

Kuwait-based traveltech Waves has closed an investment round for an unknown amount, co-led by BNK Capital and Aujan...

Waves traveltech

Egypt

Egypt’s Sahl closes dual rounds at $6 million

The Cairo-based fintech Sahl has raised $6 million in Series A and seed funding rounds, led by Ayady for Investment and Development,...

Sahl Fintech

U.A.E

UAE’s proptech Stake closes $14 million Series A

UAE-based proptech Stake has raised $14 million in a Series A funding round, led by MEVP Middle East Venture Partners (MEVP), along with...

Stake Proptech Mubadala Investment Company

U.A.E

Elevate to increase MENA presence after securing $5 million pre-Series A

Elevate, a London and Dubai-based fintech, has raised $5 million in a pre-series A investment round, according to the company's...

Elevate Fintech

U.A.E

qeen.ai closes $2.2 million pre-Seed led by Wamda Capital

UAE-based AI startup qeen.ai has secured a $2.2 million pre-Seed funding round, led by Wamda Capital, with participation from...

qeen.ai Wamda Capital AI

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