Wamda

U.A.E

MySyara secures $650,000 in pre-Series A round

Dubai-based online automotive platform, MySyara, has secured a $650,000 pre-series A funding round. The investment was facilitated by JRC...

MySyara automotive Investment

U.A.E

Hotdesk secures seed funding from ZVC

Dubai-based workspace platform Hotdesk, has secured seed funding from Zayani Venture Capital (ZVC) - the tech and venture capital arm of...

workspace Investment seed fund

Regional

Kitch launches in Saudi Arabia and the UAE

Cloud kitchen and store-front operator, Kitch, has officially launched in Saudi Arabia and the UAE, after privately raising $15...

Cloud kitchens Food & Beverage Investment

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

Regional

Mena startups raised $65.5m in December, pushing 2020 total to $654m

Last year was meant to be the year that startups in the Middle East and North Africa broke the billion-dollar investment mark, but the...

Investment

Regional

Mena startups raised $37 million in November

When Yahaal announced its Series A round, we expected investments to exceed $60 million in November, but a correction from the company...

Investment

Saudi Arabia

Refd secures investment from OceanX Holding

Saudi Arabia-based Refd, a mobile application that provides services for people of determination, has secured investment from OceanX...

Refd OceanX Investment

Egypt

Shezlong raises investment to expand operations

Cairo-based Shezlong, an online mental health platform, has raised a new investment round. The round saw participation from...

mental health healthtech shezlong

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

Regional

yallacompare secures $4.25 million funding

yallacompare, the UAE-based insurance aggregator, has secured new funding of $4.25 million from Gulf Insurance Group (GIG). The investment...

Insurance Investment yallacompare

Regional

Eventtus secures investment to launch a virtual events platform

UAE-based Eventtus, has secured an investment round to launch a new digital events platform in response to the Covid-19 impact on the...

events Investment coronavirus

Regional

Top five VC deals in the first quarter of 2020

The first quarter is usually an active one for venture capital (VC) investments in the Middle East and with the top five closed before the...

Investment investments VC

U.A.E

Spartech Ventures invests in UK-based Intrro

Source: tech.eu Intrro, a London and Tbilisi-based HRtech startup, has raised $500,000 in financing led by 500 startups, a Silicon...

Investment HR

U.A.E

KBW Ventures invests in US-based Memphis Meats

UAE-based KBW Ventures, the venture capital (VC) firm founded by Prince Khaled bin Alwaleed, son of Saudi Arabia billionaire Prince...

Meat food series B

U.A.E

Sarwa raises $8.4 million in Series A

Source: The National Sarwa, a Dubai-based low-cost robo-advisory platform, will open a second office in Abu Dhabi as part of a wider GCC...

Investment Series A Financial

U.A.E

Fodel raises seven-figure investment

Source: MenaBytes Dubai-based last-mile delivery startup Fodel (which stands for Forward Delivery) has raised an investment from Dubai...

Last mile delivery Investment

Regional

KBW Ventures invests in Singapore-based TurtleTree Labs

KBW Ventures, the venture capital (VC) firm founded by Prince Khaled bin Alwaleed, son of Saudi Arabia billionaire Prince Alwaleed bin...

Milk animal cells Investment

Morocco

Mubawab raises $7 million

Morocco-based real estate platform Mubawab has raised $7 million funding from Emerging Markets Property Group (EMPG), a UAE-based real...

Real Estate morocco Digital platform

U.A.E

Abu Dhabi invests in fintech blockchain start-up

Source: Zawya The Abu Dhabi Investment Office (ADIO) has invested in Securrency, a US-based developer of blockchain-based financial and...

Fintech Blockchain Investment

Regional

Mena startups raise $704 million in 2019

Source: Gulf News Investments in startups in the Middle East and North Africa rose 13 per cent to $704 million last year as more...

Investment MAGNiTT

Saudi Arabia

HyperPay raises eight-figure investment

Source: MenaBytes Riyadh-headquartered payment processing platform HyperPay has closed an eight-figure USD investment, it announced...

PAYMENT Fintech saudi

Oman

Muscat Bank announces new $100 million fintech investment programme

Source: Fintech News BBank Muscat announced that the Central Bank of Oman has approved the bank’s request to launch a $ 100...

Investment fund Bank

Egypt

R2S raises six-figure investment in Pre-Series A

Source: Egypt innovate The leading tech investor A15 pumped a six-figure investment into pioneering Egyptian e-commerce...

Investment Logistics Delivery

U.A.E

Adasat.com raises $350,000 in funding

Source: Laffaz Adasat.com is a new e-commerce platform based in Dubai that has recently raised $350,000 with the help of local...

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