Wamda

Regional

MENA e-commerce grew by 80% since 2020, Checkout.com's report suggests

The digital commerce in MENA in recent years saw digital payment volumes grow by 658% since 2020, according to Checkout.com’s...

Checkout.com E-commerce digital payment

Egypt

Egypt's Viridia Tech wins 2024 Mega Green Accelerator grand prize

Egypt-based agritech Viridia Tech has been named the overall winner of the 2024 Mega Green Accelerator, awarded the $100,000 grand prize...

Viridia Tech 2024 Mega Green Accelerator Pepsico

U.A.E

UAE’s proptech Prypco raises $10 million Seed round

UAE-based proptech Prypco has raised $10 million in a Seed funding round, led by Shorooq Partners, with participation from Apparel Group...

Prypco Shorooq Partners

U.A.E

invygo pursues profitability after raising $8 million Series A extension

Saudi Arabia-headquartered mobility startup invygo has raised an $8 million Series A extension provided by STV’s newly launched...

Invygo STV mobility

U.A.E

UAE’s Best Kept Shared acquires BAZAARA

UAE-based e-commerce platform Best Kept Shared has acquired the UAE’s peer-to-peer (P2P) fashion resale platform BAZAARA for an...

Bazaara Best Kept Shared Fashion

Saudi Arabia

SWVL joins Saudi Arabia's regional headquarters scheme

The mobility giant Swvl has joined Saudi Arabia's Regional Headquarters (RHQ) Programme and launched its HQ in the Saudi capital of...

Swvl mobility

Saudi Arabia

HALA Payments joins Saudi Unicorns Programme

Saudi Arabia-based fintech HALA Payments has been selected to join the Saudi Unicorns Programme. Through the Saudi Unicorns...

HALA Payments Fintech Saudi Unicorns Programme

Saudi Arabia

Saudi B2B fintech Mala secures $7 million pre-Seed

Saudi Arabia-based fintech Mala has closed a $7 million pre-Seed funding round, led by VentureSouq and Shorooq Partners, as well as M...

Mala Fintech Venture Souq

U.A.E

Abhi closes $15 million debt round led by Shorooq Partners

UAE-headquartered fintech Abhi has secured $15 million in debt financing led by Shorooq Partners and Amplify Growth...

Abhi Shorooq Partners Amplify Growth Partnership

Saudi Arabia

JARAS Hospitality secures $666,000 pre-Seed

Saudi Arabia-based JARAS Hospitality has closed a $666,000 pre-Seed, led by undisclosed angel investors. Founded in 2023 by Ahmed Al...

JARAS Hospitality hospitality

Saudi Arabia

SVC pledges $15 million to Vision Ventures' Saqr Fund II

Saudi Venture Capital (SVC) has invested $15 million in Vision Ventures' Saqr Fund II venture capital fund. Saqr Fund II, with a...

Vision ventures SVC Saqr Fund II

Regional

Moonbase Capital launches $15 million SME investment vehicle

Spain-based search fund investment firm Moonbase Capital has launched a $15 million investment vehicle aimed at backing talented...

Moonbase Capital smes

Saudi Arabia

Jetapult pumps $4.5 million in Saudi game studio UMX

Saudi Arabia-based game studio UMX has raised $4.5 million from Jetapult, an investment company backed by Accel Partners. As part of...

UMX Studio Jetapult Gaming

Saudi Arabia

Tawaref acquires Amaana.ai to bolster MENA tech community

Saudi Arabia-based investment community Tawaref has acquired Amaana.ai, a Saudi company facilitating business entry into Saudi Arabia,...

Tawaref Amaana.ai

Morocco

Moroccan proptech Agenz secures undisclosed investment

Morocco-based proptech Agenz has secured an undisclosed investment from Renew Capital. Founded in 2020 by Malik Belkeziz, Agenz...

Agenz Proptech Renew Capital

U.A.E

PiP World secures $10 million Seed from Exinity

UAE-based Web3 gaming and edtech ecosystem PiP World has secured $10 million in Seed funding from Exinity. Founded in 2022 by Saad...

Web3 PiP World Exinity

Saudi Arabia

Saudi edtech AILA closes $1.15 million pre-Seed round

Saudi Arabia-based edtech startup AILA has closed a $1.15 million pre-seed funding round, led by Sabah Hub with the participation of...

AILA EdTech

Egypt

Egypt's WellPal relocates to Saudi Arabia with fresh funding in hand

Egyptian e-commerce platform for health products, WellPal, has relocated to Saudi Arabia after securing an undisclosed investment round...

WellPal E-commerce health and fitness

Egypt

Rabbit Mobility raises $1.3 million to fuel expansion plans

Egypt-based micromobility platform Rabbit Mobility has closed a $1.3 million investment round, led by 500 Global and Untapped Global,...

Rabbit Mobility micromobility

Oman

Omani BNPL fintech QPay closes Seed round

Oman-based fintech QPay has closed a Seed round at an undisclosed value, led by Cyfr Capital. Founded in 2022 by Khalid...

Qpay Fintech BNPL

U.A.E

4Partners secures $3.6 million to enhance regional expansion plans

UAE-HQ dropshipping service 4Partners has secured $3.6 million in a funding round from undisclosed investors. Founded in 2017 in...

4Partners Logistics

U.A.E

UAE’s OCTA raises $2.25 million pre-Seed

UAE-based fintech OCTA has closed a $2.25 million pre-Seed round. The round is co-led by Quona Capital and Sadu Capital, with...

Octa Fintech Sadu Capital

Saudi Arabia

Yamm secures pre-Seed round led by Flat6Labs

Saudi Arabia-based logistics startup Yamm has closed its pre-Seed funding round at an undisclosed amount. The round is led by...

Yamm Flat6Labs Logistics

Saudi Arabia

Ejari raises $14.65 million in debt-equity Seed round

Saudi Arabia-based proptech Ejari has closed a $14.65 million seed round, which consists of a mix of debt and equity, led by Partners...

Ejari Proptech Partners for Growth

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