Wamda

Egypt

Makwa raises six-figure investment

Source: Arab Finance Cairo-based laundry services startup Makwa secured a six-figure investment from an angel investor. The...

Makwa Laundry service

Saudi Arabia

SVC signs investment deal with technology investment fund

Source: Mubasher The Saudi Venture Capital Company (SVC) signed on Monday an investment contract with the venture capital (VC) fund...

Merak Capital SVC

Global

Sanabil Investments invests in US-based Atomwise

Source: Venture Beat Atomwise, a startup using AI to accelerate drug discovery, today secured $123 million in funding. A...

Sanabil Investments Atomwise Artificial intelligence

Global

Hub App raises pre-seed investment

Saudi Arabia-based angel investors have invested in Switzerland-headquartered startup The Hub App’s “six-figure” pre-seed...

the Hub App pre-Seed

Egypt

Paymob raises $3.5 million

Egypt-based financial technology (fintech) startup Paymob, has raised $3.5 million from Global Ventures and the Dutch Entrepreneurial...

Paymob smes Fintech

U.A.E

Starzly raises pre-seed investment

UAE-based media and entertainment tech company Starzly, has raised an undisclosed amount in a pre-seed funding round, led by Nama V...

Starzly

U.A.E

iKcon raises $5 million in pre-Series A

Dubai-based cloud kitchen startup iKcon, has raised $5 million in a pre-Series A round led by Arzan VC, AlTouq Group and Nazer Group among...

iKcon Cloud kitchens pre-Series A

Egypt

Glamera raises seed investment

Cairo-based beauty and wellness service booking platform Glamera, has raised a six-figure seed round from Saudi Arabia’s Dual Gate...

Glamera Beauty and Wellness Beauty booking apps

Global

Mubadala invests in China's Xpeng Motors

Source: CNBC Chinese electric car maker Xpeng Motors has raised $400 million ahead of an initial public offering (IPO) in the U.S., two...

Mubadala Capital Xpeng Motors tesla

Egypt

Shaghalni raises six-figure investment in pre-Series A

Source: WAYA Blue and grey collar recruitment platform Shaghalni raises 6 figure Pre-Series A round from 138...

Shaghalni HOF Capital 138 Pyramids

U.A.E

Sheraa, CE-Ventures grant $190,000 to 11 startups

Source: Trade Arabia Sharjah Entrepreneurship Center (Sheraa) and CE-Ventures have disbursed more than AED700,000 ($190,560) in...

Sheraa CE-Ventures Covid19

Egypt

ElGameya raises pre-seed investment

Egypt-based financial technology (fintech) startup ElGameya, has raised a six-figure investment in a pre-seed round led by AUC Angels, with...

elGameya AUC Angels CairoAngles

U.A.E

Conektr raises $800,000 in pre-Series A

Source: WAYA Conektr, a Dubai-based digital lower trade, groceries, and HORECA marketplace platform has raised $800,000 in a...

grocery stores GCC Series A

Egypt

Dresscode raises six-figure in seed funding

Source: WAYA Dresscode, a Cairo-based e-commerce retail startup has raised USD six digits in Seed funding from Egypt Ventures. DC is...

Dresscode ecommerce etailer

Global

NAR technologies acquired by US-based B3Bar Holdings

Beirut-based startup NAR Technologies, a portfolio company of Leap Ventures, has been acquired by US-based B3Bar. Founded by Charlie El...

Leap Ventures NAR technologies Speed accelerator

Qatar

Qatar SportsTech launches EntelaQ pre-accelerator programme

Source: Menafn Qatar SportsTech (QST), a leading startup accelerator and hub for innovative sportstech companies in Qatar, has announced...

Qatar Sportstech

Kuwait

Savour VC invests in Turkey’s FineDine

Kuwait-based food vertical accelerator Savour has participated in a $600,000 seed round raised by Turkey-based digital ordering and...

FineDine Savour VC

Morocco

ASMA Invest invests in SMGF

Morocco-based institutional investor ASMA Invest has invested in SEAF Morocco Growth Fund (SMGF). The amount raised...

ASMA invest early stage

Global

Foundation Holdings invests in India's Toppr

Source: Vccircle Toppr Technologies Pvt. Ltd, which runs an eponymous ed-tech startup, has raised Rs 350 crore ($46 million) in its...

EdTech Toppr

Oman

Cubex Global raises $1 million in seed funding

Source: Arab Finance Muscat-based digital marketplace for ocean freight Cubex Global has raised $1 million in a seed round led by Oman...

Cubx Global Seed funding

Kuwait

Kuwait's Boutiqaat being investigated for money laundering

Source: Zawya Boutiqaat, the leading Kuwaiti beauty ecommerce platform has found itself in the middle of a money-laundering scandal...

Retailer Boutiqaat

Lebanon

Nucleus Ventures launches programme to support Lebanon startups

Lebanon-based Nucleus Ventures has launched a seed programme to support early-stage Lebanese entrepreneurs. The Nucleus programme will...

Nucleus Ventures Lebanosse Enterprise and Employment Program

Egypt

Drowzy secures six-figure funding from UAE Angel Investor

Source: Afrikanheroes UAE Angel Investor has made a six-figure investment in Cairo-based direct-to-consumer (D2) furniture and home...

Drowzy UAE angel investor

Global

Lemonade Fashion raises pre-seed investment

Lebanese-US online peer-to-peer (P2P) fashion marketplace Lemonade Fashion, has raised pre-seed investment from Draper University Ventures...

Lemonade fashion peer-to-peer marketplace

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