Wamda

Saudi Arabia

Saudi Arabia’s anb invests in Cashee’s Series A round

Saudi Arabia-based bank anb has participated in UAE-based fintech Cashee’s Series A round. The amount invested was not...

Cashee ANB financial inclusion

U.A.E

Nadeera wins $100,000 grant from PepsiCo

UAE-based cleantech Nadeera has won a $100,000 grant as part of PepsiCo’s Greenhouse Accelerator Programme. Founded in...

Nadeera Pepsico Cleantech

Egypt

SWVL launches clean mobility solutions in Switzerland

Egypt-founded and UAE-based mobility startup Swvl, has expanded its services to Switzerland under the brand name, my Bux, where it...

Swvl Switzerland mobility

U.A.E

MoneyGram acquires minority stake in UAE’s Jingle Pay

UAE-based fintech Jingle Pay has raised an unknown amount of investment from US firm MoneyGram International, Inc., for a 12 per cent...

MoneyGram Jingle Pay

Egypt

Glamera secures $1.3 million Seed round

Egypt-born SaaS startup Glamera, has raised a Seed round of $1.3 million, led by Riyadh Angels Investors (RAI), with participation from...

Glamera Riyadh Angels Investors E-commerce

Iraq

Iraq Angel Investors Network helps local startups raise $1 million in investment

Iraq-based incubator KAPITA, has announced that its Iraqi Angel Investment Network (IAIN), has helped six startups to raise more than $1...

KAPITA IAIN Iraq Angel Investors Network

Regional

ZenHR raises $10 million growth round

Saudi Arabia-based HR software provider ZenHR, has raised a $10 million growth round, led by Rua Growth Fund with the participation of...

ZenHR human resources HR solutions

Egypt

Algebra Ventures completes first close of second fund at $100 million

Egypt-based VC fund Algebra Ventures, has finalised a $100 million first close of its second fund, exceeding the targeted $90 million...

Algebra Ventures

Egypt

CardoO raises $660,000 Seed round

Egypt-based IoT devices manufacturer CardoO has raised a $660,000 Seed funding round, led by The Alexandria Angels, with the...

CardoO IoT The Alexandria Angels

Egypt

Gaming platform Cryptyd Inc secures new funding round

Egypt-based Cryptyd Inc has secured a new round of funding for an unknown amount from existing and new investors. Founded in 2015 by...

Cryptyd Inc Gaming

Morocco

Morocco’s Chari raises $1 million investment from Endeavor Catalyst

Morocco-based B2B e-commerce Chari has raised $1 million from Endeavor Catalyst as part of its Series A funding round. Founded in 2020...

Chari E-commerce b2b

Saudi Arabia

NearPay raises $3.6 million pre-Series A round

Saudi Arabia-based fintech NearPay has raised $3.6 million in a pre-Series A funding round, led by Vision Ventures with participation...

NearPay Softpos

U.A.E

Twofour54 launches The Community Hub co-creating space in Abu Dhabi

UAE-based media, entertainment, and gaming zone twofour54, has launched ‘The Community Hub’ located at Yas Creative Hub, a...

uae startup Community Hub

Morocco

Morocco’s BMCE Capital launches $4.5 million fund to support local ecosystem

Morocco-based BMCE Capital Investment has launched a $4.5 million VC fund dedicated to financing Moroccan startups at the Seed...

BMCE Capital Investment VC fund

U.A.E

UAE’s Eat App raises $11 million Series B round

UAE-based restaurant reservations platform Eat App has closed an $11 million Series B round from MEVP, 500 Startups, Derayah VC, Dallah...

Eat App foodtech

U.A.E

LinkedIn reveals top UAE startups for 2022

LinkedIn has announced its annual ranking of the top 10 UAE-based startups that have demonstrated exceptional growth in the past year...

LinkedIn startups

Egypt

Tabby partners with Paymob to offer BNPL to Egyptian retailers

UAE-based fintech Tabby, has partnered with Egypt’s digital payment solution fintech Paymob to create a seamless buy now pay later...

Tabby Paymob BNPL

Egypt

Mazaya raises a $5 million pre-Seed round

Egypt-based B2B marketplace Mazaya has closed a $5 million pre-Seed round led by Raya Trade & Distribution. Founded in 2021 by...

Mazaya Raya holding

U.A.E

Further Ventures launches $200 million fund

UAE-based investment firm Further has launched a $200 million fund dedicated to co-creating ventures focused on digital assets, fintech...

Further Ventures ADQ

Egypt

Egypt’s Partment raises $1.5 million pre-Seed round

Egypt-based proptech Partment, has closed its pre-Seed round at $1.5million, led by Nclude, Plus Venture Capital (+VC), along with a...

Partment Proptech

Egypt

Egypt’s InGame Sports raises pre-Seed round

Egypt-based gaming platform InGame Sports, has raised over $1 million in cash, in-kind resources, and grants in a pre-Seed round led by...

InGame E-sports

Palestine

Palestine’s BlueFilter wins $10,000 in IGNITE competition

Gaza-based startup BlueFilter, has won first prize in the Startups on the Move Pitch Competition, hosted by Startups Without Borders,...

BlueFilter ignite Startups Without Borders

Saudi Arabia

Unifonic launches accelerator programme in partnership with The Space

Saudi Arabia-based customer engagement platform Unifonic, has launched an accelerator programme called UnifonicX, in partnership with...

UnifonicX acceletator Unifonic

U.A.E

NIFTY Souq closes $1.5 million Seed round

UAE-based NFT marketplace NIFTY Souq has secured $1.5 million in Seed investment from Palm Ventures, Falak Investment Hub and Fitzy Fund...

NIFTY Souq Palm Ventures Falak investment hub

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you