Wamda

U.A.E

Wafeq raises $3 million Seed led by Raed Ventures with participation from Wamda Capital

UAE-based fintech Wafeq, has raised $3 million in a Seed round led by Raed Ventures with participation from Wamda...

Wafeq seed Wamda Capital

Global

Wa’ed invests in PASQAL’s $108 million Series B

Wa’ed Ventures, the Saudi Aramco Entrepreneurship Centre (Wa'ed), has invested in a $108 million Series B for French...

Wa'ed Vnetures

Global

UAE’s Hotdesk acquires Spain-based YADO

Hotdesk, a UAE-based workspace booking app, has acquired Spanish counterpart YADO for an unknown sum. Founded in 2019 by Mohamed...

hotdesk

Global

NB Ventures invests in $1.2 million Seed round for India’s career-tech Suraasa

UAE-based NB Ventures has invested in India-based career-tech Suraasa's $1.2 million Seed round, led by Inflection Point...

Suraasa NB Ventures

Saudi Arabia

Matbakhi raises $2.3 million pre-Seed round

Saudi Arabia-based foodtech startup Matbakhi, has raised a $2.3 million pre-Seed round led by Bugshan Investment Company along with an...

Matbakhi

Saudi Arabia

Saudi Arabia’s Sandsoft Games invests $3.25 million in The Tiny Digital Factory

Saudi Arabia-based Sandsoft Games, a mobile-first game developer, publisher and investor, has invested $3.25 million in The Tiny Digital...

The Tiny Digital Factory Sand Soft Games

Morocco

Moroccan logistics startup Cathedis raises $735,000

Morocco-based logistics startup Cathedis, has raised MDH 7.5 million ($735,500), of which MDH 5 million came from Afrimobility and a...

Cathedis

Iraq

Iraq’s Alsaree3 Group receive seven-figure bridge round

Iraq-based Alsaree3 Group, closed a seven-figure bridge round in December 2022, raising its total funding to over $6.5...

Alsaree3 Zajel delivery app

Bahrain

Beyon Cyber acquires DTS Solution

Beyon Cyber, a Bahrain-based cyber security solutions provider, has acquired a majority stake in UAE-based counterpart DTS Solutions....

Beyon Cyber DTS Solution

U.A.E

UAE’s Revoltech among four winners of Global FoodTech Challenge

UAE-based foodtech Revoltech is among the winners of the 2022 FoodTech Challenge, receiving a portion of the $2 million prize money to...

Revoltech Global FoodTech Challenge foodtech

Egypt

Egypt’s GBarena acquires Tunisia’s Galactech in a $15 million share swap deal

Egypt-based esports platform GBarena has acquired Tunisia’s Galactech for $15 million, in the form of a share swap. This...

Gbarena Galactech

U.A.E

Tabby raises $58 million Series C from Sequoia Capital India, STV and PayPal Ventures

UAE-based fintech Tabby, has raised $58 million in a Series C round from Sequoia Capital India, STV and PayPal Ventures, Mubadala...

Fintech Buy now pay later BNPL

U.A.E

B2B fintech Alaan raises $4.5 million pre-Series A round

UAE-based B2B fintech Alaan, has raised $4.5 million in a pre-Series A round, backed by Presight Capital, Y Combinator, and angel...

Alaan Presight Capital Y Combinator

Global

One Moto raises $150 million to scale its last-mile delivery operations in the UK

UAE-based electric mobility startup and last-mile delivery services provider One Moto, has raised $150 million from an undisclosed...

One Moto

U.A.E

B2B micro-mobility Terra raises pre-Seed investment

UAE-based B2B micro-mobility startup Terra, has raised an undisclosed pre-Seed investment round from Saudi, American, and British angel...

Terra micro-mobility b2b

U.A.E

Flyby closes a $1 million Seed round

UAE-based last-mile startup Flyby has closed a $1 million Seed round, led by FHS Capital based in Silicon Valley, and VN2 Capital based...

Flyby FHS Capital VN2 Capital

U.A.E

UAE’s metaverse startup Nümi raises $20 million from Venom Ventures Fund

UAE-based metaverse startup Nümi has raised $20 million from Venom Ventures Fund (VVF), a newly launched $1 billion VC fund born...

metaverse Venom Foundation

U.A.E

UAE’s Astra Tech acquires Botim

UAE-based tech firm Astra Tech has acquired the voice-calling app “Botim”, with the aim of creating a super app with instant...

Botim Astra tech Superapp

Bahrain

Bahraini foodtech OrderJet raises $125,000 from Hope Ventures

Bahrain-based foodtech OrderJet, has raised $125,000 from Hope Ventures, the investment arm of Hope Fund and producers of the Beban TV...

OrderJet Hope Ventures Beban

U.A.E

UAE’s social investing platform InvestSky launches after raising $3.4 million

UAE-based social investing platform InvestSky has announced its launch after securing a $3.4 million pre-Seed round led by Emkan...

InvestSky

Egypt

KarmSolar secures $3 million from HSBC to fuel Farafra Solar Grid

Egypt-based cleantech KarmSolar has received $3 million (EGP83 million) in debt financing from HSBC to finance the development of its...

KarmSolar solar energy Farafra Solar Grid

U.A.E

UAE social app ASKWHO raises $1 million

UAE-based social app ASKWHO has raised $1 million in funding, $515,000 of which was raised in a crowdfunding campaign which brought in...

ASKWHO Social App

Saudi Arabia

DAAL Ventures invests in Mexico’s Pulppo

Saudi Arabia-based VC DAAL, has taken part in the $5 million Seed funding round of Mexico-based proptech Pulppo alongside Y Combinator,...

Daal Ventures Pulppo Proptech

Qatar

Qatari healthtech At Home Doc raises $1.9 million pre-Series A round

Qatari-based healthtech platform At Home Doc, has raised $1.9 million in a pre-series A round led by Elaj Group’s investment arm...

At Home Doc healthtech

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