Wamda

U.A.E

EMPG reveals details of merger with OLX

Source: Emirates News Agency Dubai-based Emerging Markets Property Group, EMPG, and OLX Group, owners of home grown technology firms...

EMPG Dubizzle OLX

Regional

TiE Dubai offers $100,000 to winning startup

TiE Dubai, a chapter of The Indus Entrepreneurs (TiE), announced the launch of a regional Women 2020 pitch competition as part of its...

Women entrepreneurship competition

Global

Franco-Tunisian startup NextProtein raises $11.2 million in Series A

Source: AgFunder news NextProtein, a French-Tunisian startup working on new ways to produce insect-based animal feed and...

Next Protein investments

Morocco

HSEVEN launches three programmes for African entrepreneurs

Source: Morroco World News Moroccan startup accelerator HSEVEN, the largest startup accelerator in Africa, has launched three...

HSEVEN covid-19 African Startups

Saudi Arabia

Munjz secures pre-Series A investment

Saudi Arabia-based Munjz, an online marketplace for maintenance services, has secured its pre-Series A investment. The round was led by...

maintenance Investment Munjz

Bahrain

Evergo raises seed investment from Tenmou

Source: Startup Bahrain Bahrain-based Evergo, the startup that prides itself as a one-stop app for all your lifestyle requirements, has...

Tenmou Evergo

U.A.E

Dubai SME allocates Dh20 million in loans

Source: The National Dubai SME, a part of Dubai Economy, allocated Dh20 million to a capital guarantee scheme backing peer-to-peer loans...

Dubai SME smes

U.A.E

ADQ launches Dh1.1 billion fund to invest in Asian startups

Source: The National ADQ, one of the region’s largest holding companies, launched a Dh1.1 billion ($300 million) venture fund to...

Masdar City abu dhabi

Egypt

EYouth raises $180,000 seed funding

Cairo-based social enterprise EYouth, has raised $180,000 in seed funding from EdVentures, the venture capital arm of Egypt’s Nahdet...

EYouth Nahdet Misr Publishing House

U.A.E

Ziina secures $850,000 in pre-seed round

Ziina, the UAE-based social peer-to-peer (P2P) payment application, has raised $850,000 in a pre-seed funding round. The investment was led...

Fintech Ziina

Bahrain

Unipal raises seed investment

Bahrain-based Unipal has raised an undisclosed amount of seed funding from angel investor network Tenmou, as part of the fundraising round...

EdTech

Egypt

Interact Labs secures $60,000 in funding

Source: Disrupt Africa Egyptian startup Interact Labs, which develops solutions that enhance collaboration, has secured funding...

InteractLabs Shark Tank covid-19

U.A.E

Ogram raises $870,000 in pre-Series A

UAE-based Ogram has closed a $870,000 pre-Series A round led by Global Ventures. Started in 2016, Ogram operates as a virtual...

Human Cloud Global Ventures Ogram

U.A.E

MCKD launches grant program to support freelancers, SMEs

Source: The National The Ministry of Culture and Knowledge Development (MCKD) has launched a programme to support freelancers and SMEs...

covid-19 MCKD smes

Egypt

Shahry raises $650,000 in pre-seed

Egypt-based online lending startup Shahry, has closed a $650,000 pre-seed round from the investment arm of EGBANK. Powered by a...

Fintech shahry

Tunisia

Tunisian Parliment supports startups with €66.9 million loan agreement

Source: Tunis Afrique Presse The House of People's Representatives (HPR), on Tuesday, passed a loan agreement amounting to...

startups IBRD

U.A.E

Invygo raises $1 million in pre-Series A

UAE-based car subscription platform Invygo, has raised $1 million, as part of a pre-Series A funding round led by EQ2 ventures, Class 5...

Invygo automotive car rental

Egypt

Brimore raises $3.5 million in pre-Series A

Egypt-based direct-selling distribution platform Brimore, has raised $3.5 million in a pre-Series A round led by Algebra Ventures, with...

Brimore Algebra Ventures E-commerce

Saudi Arabia

Telgani raises seed funding

Saudi Arabia-based car rental platform Telgani, has closed a six figure seed funding round. The round was backed by 500 startups, Saudi...

Telgani car rental

Jordan

ISSF allocates $7.5 million to Jordanian startups

Source: Jordan Times The Innovative Startups and SMEs Fund (ISSF), a private-sector-managed fund making investments in innovative...

ISSF startups covid-19

Egypt

CVentures invests in London-based Countingup

Source: MenaBytes CVentures, the venture capital arm of Egypt’s largest private bank CIB (Commercial International Bank) has...

Fintech Cventures CIB

Egypt

Source Beauty raises pre-seed funding

Egypt-based beauty e-commerce platform Source Beauty, has raised pre-seed funding from 500 Startups. Founded in 2018 by Lydia...

SourceBeauty ecommerce 500 startups

Egypt

Swvl raises over $20 million in new funding round

Source: MenaBytes Swvl, the Cairo-born mobility startup quietly raised over $20 million in a new round right before the spread of...

Swvl mass transport

Saudi Arabia

Grintafy raises $1.25 million seed

Saudi Arabia-based Grintafy Technologies, has raised $1.25 million in a seed funding round led by Wa'ed Ventures, with participation...

Sports entrepreneurship Grintafy

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