Wamda

Egypt

elmenus raises $8 million in Series B

Egypt-based elmenus, has raised $8 million in its Series B funding round, led by UAE-based venture capital fund, Global Ventures and...

foodtech elmenues Global Ventures

Saudi Arabia

Abdul Latif Jameel invests in Joby Aviation

Source: The National The investment arm of Abdul Latif Jameel, a Saudi Arabian family-owned conglomerate, invested in Joby...

Joby Aviation Abdul Latif Jameel

Egypt

Cairo-based Homzmart raises $1.3 million seed

Sorurce: Menabytes Cairo-based furniture marketplace Homzmart has raised $1.3 million in a seed round, the startup...

ecommerce Egypt Homzmart

U.A.E

Kitopi raises $60 million to close Series B

UAE-based cloud kitchen platform Kitopi, has raised $60 million, closing its Series B round of funding. The round was led by Knollwood and...

Food delivery

United States

Mubadala Capital invests in US-based Gabi

Source: Coverager Digital broker Gabi has raised $27 million in Series B funding, led by Mubadala Capital, the asset management arm...

Insurance Mubadala Capital

Saudi Arabia

Investment in Saudi-based startups record an all time high in 2019

The number of investments in Saudi-based startups amounted to 71 investments in 2019, an increase of 92 per cent from 2018, recording the...

saudi growth Funding

Palestine

Gamiphy raises six figure investment in pre-Series A

Palestine-based user engagement and retention platform Gamiphy has raised its pre-Series A investment round led by Ibtikar Fund with...

Gamification engagment retention

Lebanon

Basma raises $1.2 million in seed funding

Beirut-based digital dental startup Basma has raised $1.2 million in a seed funding round led by B&Y Venture Partners and Cedar Mundi...

Seed funding dental startup

Saudi Arabia

Saee raises $2.4 million in Series A

Jeddah-based last-mile delivery startup Saee has raised $2.4 million in its Series A funding round. The round was led by Saudi-based...

Last mile delivery saudi Freelancers

U.A.E

Falcon Network and Tahseen Consulting invest in Bangladesh-based Jatri

Dubai-based Falcon Network and Tahseen Consulting have invested in the seed round for Bangladesh-based public transportation...

Mobile Apps public transport digital tracking

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

Abu Dhabi Investment Office invests $16.3 million in several startups

Source: Zawya The Abu Dhabi Investment Office (ADIO) today announced AED 60 million of investment in the latest batch of startups and...

startups investments Innovation

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

U.A.E

Lorryz raises $1.4 million in seed funding

Source: MenaBytes Dubai-based online freight marketplace Lorryz has raised $1.4 million in a seed round, it...

seed Funding freight

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

U.A.E

Dubai Council launches Dubai Future District and $272 million fund

Source: Mubasher Dubai is set to launch a new stock market and a AED 1 billion ($272,265,200) fund to support new-economy companies,...

Dubai future district

Saudi Arabia

Leap raises six figure seed funding

Source: MenaBytes Riyadh-based coffee pre-ordering startup Leap has raised six-figure (USD) seed funding, it...

seed Funding Coffee

U.A.E

Group 42 acquires Bayanat

Source: Emirates News Agency Group 42, an Abu Dhabi-based artificial intelligence and cloud computing company, announced today that it...

uae Data Acquistion

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

Saudi Arabia

Saudi government to support up to 50 per cent of salaries in private sector

Source: News1 The Human Resources Development Fund launched “Hadaf”, a campaign (# goal_ supports you), directed to private...

saudi Employment fund

U.A.E

SpiderSilk raises $500,000

Source: MENAbytes Dubai-based cybersecurity startup SpiderSilk has raised $500,000 seed in a round led by Global Ventures, and joined by...

cyber security cybersecurity

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

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