Wamda

Saudi Arabia

SVC pledges major investment in Aliph Capital’s first fund

Saudi Venture Capital (SVC) has invested in Aliph Fund I, a GCC-focused growth fund from Aliph Capital. The value remains...

SVC Aliph Capital Aliph Fund I

Oman

Fascano raises undisclosed funding round led by Oman Future Fund

Oman-based foodtech Fascano has closed its second funding round at an undisclosed amount, led by the Oman Future Fund, in collaboration...

Fascano Oman Future Fund foodtech

Morocco

Enakl secures $1.4 million pre-seed led by Catalyst Fund

Morocco-based mobility startup Enakl has raised a $1.4 million pre-Seed funding round led by Catalyst Fund along with Renew Capital,...

Enakl Catalyst Fund mobility

Qatar

Qatar Development Bank announces key investments in Nybl, Wahed

Qatar Development Bank (QDB) has signed a strategic investment agreement with Saudi Arabia-based AI startup Nybl and the USA-HQ...

nybl Wahed QDB

Egypt

Egypt’s Nowlun closes $1.7 million Seed round

Egypt-based logistics startup Nowlun has raised $1.7 million in seed funding, led by Nama Ventures and A15, with participation from...

Nowlun Logistics freight

Saudi Arabia

Aanaab secures $7 million Series A from Dallah Investment Holding

Saudi Arabia-based edtech Aanaab has completed its Series A funding round, securing $7 million from Dallah Investment...

Aanaab Dallah Investment Holding

Saudi Arabia

Impact46 invests $13.3 million in Cipher prior to its IPO

Saudi Arabia-based cybersecurity startup Cipher has raised $13.3 million in a pre-IPO investment round from Impact46. Founded in 2018...

Cipher cybersecurity Impact46

Saudi Arabia

Flat6Labs invests in 10 Saudi startups, includes them in Riyadh Seed Programme

MENA’s seed and early-stage VC Flat6Labs has invested in 10 Saudi-based startups for the fourth cycle of the Riyadh Seed...

Flat6Labs Riyadh Seed Program

U.A.E

Playgama to step up Web gaming development with $3 million funding

UAE-based gametech startup Playgama has raised $3 million in a funding round led by The Open Platform and s16vc. The round is also...

Playgama The Open Platform

U.A.E

EpiBone secures funding round led by Kendall Capital Partners

Press release: Hub71 startup, EpiBone, Inc., a leading regenerative medicine startup at the forefront of skeletal repair, announced the...

EpiBone

Saudi Arabia

Geidea extends SoftPos services to Egypt

Press release: Geidea, a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos...

Geidea Fintech Softpos

U.A.E

eyewa closes $100 million series C round led by General Atlantic

UAE-based eyewear retailer “eyewa” has raised $100 million in its Series C funding round, led by General Atlantic with...

eyewa General Atlantic

Jordan

Naif Al Rajhi Investment buys strategic stake in Jordan’s Mawdoo3

Saudi Arabia-based investment company Naif Al Rajhi Investment has invested in Jordan’s AI Arabic content platform Mawdoo3 for a...

Mawdoo3 Naif Al Rajhi Investment

Iraq

Iraqi edtech Eduba acquired for a seven-figure amount

Iraq-based edtech Eduba was acquired by an undisclosed telecommunications conglomerate for a seven-figure amount. Founded in Baghdad...

Eduba EdTech

Morocco

BMCE Capital Investments invests $500,000 in PTS for equity stake

Morocco-based fintech Premium Technology & Services (PTS) has raised $500,000 in investment from BMCE Capital Investments, the...

BMCE Capital Investments PTS Premium Technology & Services

Palestine

Ibtikar Fund closes second fund at $25 million

Press release: Ibtikar Fund, a disruptive venture capital firm that invests in innovative companies founded by Palestinian entrepreneurs...

Ibtikar Fund

Egypt

Egypt’s Sylndr lands $7.5 million capital facility tailored by EFG Hermes

Egypt-based online marketplace for used cars Sylndr has secured a $7.46 million capital facility tailored specifically to the unique...

Sylndr EFG Hermes

Global

Watercycle Technologies enters MENA after securing $5.6 million Series A

UK-based climatetech Watercycle Technologies has closed a $5.6 million Series A investment round led by Par Equity as part of a...

Watercycle Technologies Cleantech Climatetech

U.A.E

Epik Foods secures $15.5 million to support expansion plans in KSA

UAE-based foodtech Epik Foods has secured $15.5 million in private capital funding from Ruya Private Capital I, LP, managed by Ruya...

Epik Foods foodtech Ruya Partners

Saudi Arabia

Jada Fund of Funds invests in SEEDRA Ventures' second fund

Press release: Jada Fund of Funds is pleased to announce its commitment to SEEDRA Ventures Fund II, a newly launched venture capital...

Seedra Ventures Jada Fund of Funds SEEDRA Ventures Fund II

Egypt

Beltone leads $3 million Series A extension round for ariika

Egypt-based furniture e-commerce platform ariika has raised $3 million in a Series A extension round, led by Beltone Venture Capital and...

ariika Beltone Venture Capital E-commerce

Saudi Arabia

EdfaPay closes $5 million pre-Series A to fuel MENAP expansion

Saudi Arabia-based fintech EdfaPay has secured a $5 million pre-Series A funding round led by OmanTel Innovation Labs, with...

EdfaPay Omantel Innovation Labs Fintech

U.A.E

Shipfinex raises $1.5 million Seed to drive growth

UAE-based maritime fintech platform Shipfinex has secured $1.5 million in Seed funding, led by Gaurav Mehta, Chairman of Best Oasis...

Shipfinex Maritime fintech

U.A.E

Pemo raises $7 million pre-Series A, eyeing KSA expansion

UAE-based fintech Pemo has secured a $7 million pre-Series A funding round, co-led by Shorooq and Augmentum Fintech. Co-founded by...

Pemo Shorooq Augmentum Fintech

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