Wamda

U.A.E

Zbooni raises $5 million in Series A

UAE-based e-commerce enabler Zbooni, has raised a $5 million Series A funding round led by an undisclosed London-based fund. Founded in...

Zbooni ecommerce enablement Series A

Saudi Arabia

Hakbah app raises $1.2 million seed

Saudi Arabia-based financial technology (fintech) startup Hakbah, has raised $1.2 million (SAR 4.5 million) in its seed round. Founded...

Hakbah ROSCA financial inclusion

U.A.E

spiderSilk raises $2.3 million in pre-Series A

Dubai-based cybersecurity firm spiderSilk, has raised a $2.25 million pre-Series A funding round, co-led by Global Ventures and STV, with...

Cypersecurity Global Ventures spiderSilk

U.A.E

ArabyAds acquires Dmenta

UAE-headquartered online advertising and consumer intelligence platform (adtech) ArabyAds, has acquired Dubai-based influncer and brand...

ArabyAds Dmenta adtech

U.A.E

Rising Giants Network secures $1 million investment

Dubai-based Rising Giants Network (RGN), a bilingual podcasting network, has secured a $1 million investment deal, led by Triangle Media,...

content podcasts Investment

Jordan

Jordan’s TWIG raises funding from AMC

Jordan-based agritech startup TWIG, has raised investment from Miqdadi Agricultural Materials Company (AMC). TWIG works as a...

Home gardening agritech foodtech

Tunisia

NewGen, MooMe raise funding from Maxula Seed Fund

Source: Disrupt Africa Two Tunisian tech startups have secured investment from the newly-launched Maxula Seed Fund, which aims to...

Maxula Seed Fund MeMoo NewGen

Saudi Arabia

Tamara raises $6 million in seed funding

Saudi Arabia-based buy now pay later (BNPL) startup Tamara, has secured a $6 million (SAR 22.5 million) seed round led by...

Buy now pay later

Global

KBW Ventures invests in BlueNalu

UAE-based KBW Ventures has increased its stake in US-based BlueNalu, participating in its newly-raised $60 million convertible note...

BlueNalu KBW Ventures

U.A.E

Mohamed Hilal Group invests in Spain’s VirtuE through SAIN

UAE-based Mohamed Hilal Group has signed an investment agreement with Spanish Startup VirtuE R&D, through the newly-launched Sharjah...

Virtue R&D AI Mohamed Hilal Group

Global

Derayah VC invests in Pakistan’s Bazaar

Saudi Arabia-based Derayah Venture Capital has invested in Pakistan-based business to business (B2B) e-commerce platform Bazaar’s...

Bazar b2b ecommerce

Global

VentureSouq invests in Singapore-based Volopay

Source: TechCrunch Volopay, a Singapore-based startup building a “financial control center” for businesses, announced today...

VentureSouq Volopay Volopay

Global

Alpha Wave leads $2.5 million seed round in India’s Udayy

Source: YourStory Udayy, the Gurugram-based edtech startup, has raised $2.5 million in a seed round led by Alpha Wave Incubation (AWI),...

Bahrain

Rain secures $6 million Series A

Bahrain-based cryptocurrency exchange Rain has raised $6 million in its Series A round of funding. The round was led by Middle East Venture...

crypto cryptocurrency

Saudi Arabia

Jada to invest in Merak Capital

Source: Saudi Gazette Jada Fund of Funds Wednesday made an official commitment to Merak Technology Ventures Fund, which focuses on...

Jada Fund of Funds Merak Capital early stage funding

Iraq

Hi-Express raises seed investment from Iraqi Angel Investors Network

Iraq-based Hi-Express has raised a “six-figure” seed round led by the Iraqi Angel Investors Network (IAIN), marking the...

Logistics Last mile

Egypt

Opio raises $300,000 seed investment

Egypt-based women’s fashionwear brand Opio has raised $300,000 in a seed round from AUC Angels, local and regional angel investors...

direct-to-consumer

U.A.E

Abu Dhabi startups to get funding and tech support from ADIO-Microsoft alliance

Source: Gulf News In alliance with Microsoft, the Abu Dhabi Investment Office (ADIO) will offer owners of local startups the resources...

ADIO Plug and Play microsoft

Global

Checkout.com to open office in Riyadh after raising $450 million

Checkout.com, the UK-based payments company is expanding its presence in the Middle East and North Africa (Mena) after securing a $450...

Saudi Arabia

Egypt

Docspert Health raises six-figure seed round

Egypt-based telemedicine startup Docspert Health, has closed a six-figure seed funding round from Flat6Labs as well as a group of angel...

Docspert health telemedicine

Saudi Arabia

Saudi Arabia’s SAMA issues open banking policy

SAMA, Saudi Arabia’s Central Bank has today announced its intent to launch an open banking regulatory framework in the kingdom. In...

Open banking

Qatar

Cwallet secures $220,000 pre-seed

Qatar-based financial technology (fintech) startup Cwallet, has raised a $220,000 pre-seed round from its founders and MBK...

cwallet Fintech

Global

Alpha Wave leads $5 million Series A in India's edtech platform Kyt

Source: The Financial Express Edtech platform Kyt on Wednesday said it has raised USD 5 million (about Rs 36.5 crore) in funding led by...

Alpha Wave EdTech Kyt

Saudi Arabia

Ejaro raises $850,000 seed round

Saudi Arabia-based peer-to-peer (P2P) vehicle sharing platform Ejaro, has raised a $850,000 (SAR 3.2 million) seed round, led by Saudi...

Ejaro car sharing car rental

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you