Wamda

Saudi Arabia

Elevatus raises $10.5 million Series A round

Saud Arabia-based recruitment platform Elevatus has completed a $10.5 million Series A round, co-led by Global Ventures and Wa’ed...

Elevatus Global Ventures Wa’ed Ventures

Egypt

Egypt’s Exits.me raises $1 million pre-Seed round

Egypt-based investment marketplace Exits.me, has raised $1 million in a pre-Seed round from a group of local investors, a UK-based...

Exists.me

Saudi Arabia

erad raises $2.4 million pre-Seed round

Saudi Arabia-based fintech erad, has raised a $2.4 million pre-Seed funding round, backed by UAE-based Nuwa Capital and VentureSouq, as...

erad Nuwa capital VentureSouq

Palestine

Gaza-based healthtech AlRazi wins $20,000 at Boost Without Borders competition

Gaza-based healthtech AlRazi has won first place in a competition held by Startups Without Borders in partnership with Meta, with a...

Alrazi healthtech Startups Without Borders

U.A.E

UAE’s MetaFi raises $3 million

UAE-based metaverse startup MetaFi, has raised $3 million from DoublePeak Group, Maven Capital, OKX Blockdream Ventures, Megala...

MetaFi

Egypt

ECC Group acquires majority stake in Source Beauty

Egypt-based cosmetics company ECC group has acquired a majority stake in beauty products marketplace Source Beauty, for an unknown...

cosmetics Source Beauty ECC Group

Egypt

Biola Alabi joins CASF as venture partner

Egypt-based VC Cairo Angels Syndicate Fund (CASF) has announced having the Nigerian businesswoman Biola Alabi join as a Venture Partner....

CASF The Cairo Angels Biola Alabi

U.A.E

The Cloud closes $10 million Series A round

UAE-based cloud kitchen The Cloud has raised a $10 million Series A round, led by Middle East Venture Partners (MEVP) and Olayan...

The Cloud

Regional

Omgyno, Siira, Maternally win the Organon and Flat6Labs’ Femtech Accelerator awards

Three femtech startups: Omgyno, Siira and Maternally have been named the winners of Organon and Flat6Labs’ FemTech Accelerator...

Flat6Labs Organon femtech

Global

LYVE acquires majority stake in Shopini World

Abu Dhabi-based B2B logistics SaaS platform Lyve Global, has acquired a majority stake in Shopini World, a cross-border e-commerce...

Lyve

Bahrain

Al Waha Fund, Hambro Perks launch fintech venture studio

Bahrain's Al Waha Fund of Funds has partnered with UK investment firm Hambro Perks, to launch HP Spring Studios, a fintech venture...

Al Waha Fund of Funds Hambro Perks HP Spring Studios

Jordan

Sowt Media acquires UAE’s Finyal Media

Jordan-based Sowt Media has acquired UAE-based podcast production company Finyal Media for an undisclosed amount, financed by the US...

Finyal Sowt Media production

Jordan

Jordan’s liwwa closes $18.5 million pre-Series B round

Jordan-based fintech liwwa has closed an $18.5 million pre-Series B round of equity and debt. The $4.5 million in equity investment was...

liwwa

Egypt

Medical training platform 5 Quarters raises Seed round

Egypt-based edtech 5 Quarters has raised an undisclosed Seed round from a Saudi angel investor. Founded in 2016 by Mohamed Salah and...

5 Quarters EdTech

Jordan

UAE-based fintech Ziina set to expand to Jordan

UAE-based fintech Ziina will extend its services to Jordan. Founded in 2020 by Faisal Toukan and Sarah Toukan, Ziina helps...

Fintech Ziina

Egypt

Endure Capital closes first round of $50 million fund

Egypt-based Endure Capital has completed the first close of its new $50 million fund to invest in early-stage startups across Africa....

Endure Capital MSMEDA Endure 21

Saudi Arabia

TruKKer raises $100 million pre-IPO round

Saudi Arabia-based digital freight network TruKKer, has raised $100 million in a pre-IPO round, led by Bahraini investment firm...

Trukker Investcorp freight

Jordan

SVC invests in Jordan's Propeller's second fund

Saudi Venture Capital (SVC) has invested in Jordan-based Propeller's second fund. The value of the investment was not...

Propeller SVC

Egypt

Flat6Labs, SANAD launch agritech accelerator in Egypt

Egypt-based VC Flat6labs and SANAD Entrepreneurship Academy have launched an agritech accelerator programme to assist 10 to 12 startups...

Flat6Labs SANAD Agriculture

U.A.E

UAE’s Tabby expands to Egypt

UAE-based fintech Tabby has expanded to Egypt, announcing partnerships with several retailers to offer shoppers the chance to pay for...

Tabby BNPL

Egypt

Egyptian car service app 3atlana closes Seed round

Egypt-based car service app 3atlana, has raised a six-figure Seed round from Egypt’s automotive company Ghabbour Auto. Founded...

3atlana Ghabbour Auto autotech

Egypt

Egypt's el-dokan raises $550,000 pre-Seed round

Egypt-based el-dokan, a company that specialises in enterprise e-commerce solutions, has raised a $550,000 pre-Seed round led by a group...

el-dokan

Egypt

Carzami raises pre-Seed investment from Contact Financial Holding

Egypt-based second-hand cars marketplace Carzami has raised a pre-Seed round led by Contact Financial Holding. The amount raised was not...

Carzami Contact Financial Holding autotech

U.A.E

CarLogik raises $272,000 pre-Seed round

UAE-based autotech CarLogik, has raised $272,000 in a pre-Seed round funded by angel investors. Founded in March 2022 by Ali Omari and...

CarLogik autotech

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