Wamda

Kuwait

Kuwait’s Enabill raises $1.2 million Seed round

Kuwait-based fintech Enabill, has raised $1.2 million in a Seed funding round with participation from The Taken Seat venture builder and...

Enabill The Taken Seat

U.A.E

Cypher Capital invests $5 million in Ocean Protocol

UAE-based VC Cypher Capital, has set up an ecosystem fund together with Ocean Protocol to which it will be allocating $5 million to...

Cypher Capital

U.A.E

Ogram raises $3 million Series A round

UAE-based recruiting platform Ogram has announced a $3 million Series A funding round, led by Modus Capital and Aditum Investment...

Ogram Modus Capital recruitement

Bahrain

Bahrain's Tenmou invests in Unipal

Bahrain angel investor network Tenmou, has upped its investment in edtech UNIPAL with an undisclosed amount. Founded in 2020 by Ali...

Tenmou Unipal

Saudi Arabia

8020 Capital launches $10 million accelerator fund

Saudi Arabia-based VC “8020 Capital” has launched a $10 million accelerator and startup studio fund to invest in and develop...

8020 Capital Accelerator and Startup Studio

Egypt

Sylndr raises $12.6 million pre-Seed round to scale its marketplace for used cars

Sylndr, an Egypt-based online marketplace for used cars, has raised a $12.6 million pre-Seed round, led by RAED Ventures, with...

Sylndr

Morocco

Moroccan healthtech Blink Pharma raises first funding round

Morocco-based healthtech Blink Pharma has raised investment from Azur Innovation Fund for an undisclosed amount. Launched in 2020 by...

Blink Pharma Azur Innovation Fund

U.A.E

KRUSH Brands raises $4.5 million for its virtual restaurant marketplace Locale

Locale, the UAE-based online marketplace for virtual restaurants built by cloud kitchen platform KRUSH Brands has raised $4.5 million...

foodtech cloud kitchen KRUSH Brands

Jordan

Jordan’s Kitchefy raises $350,000 pre-Seed round

Jordan-based cloud kitchen Kitchefy, has raised a $350,000 pre-Seed round, led by the Oasis 500 fund, the Beyond Capital Fund, MyStartUp...

Kitchefy cloud kitchen Oasis 500

U.A.E

Alpha Dhabi to invest $2.5 billion in Alpha Wave Ventures II fund

UAE-based investment company Alpha Dhabi Holding PJSC has made a Dh9.2 billion ($2.5 billion) commitment to invest in Chimera Capital...

Alpha Dhabi Chimera Capital Alpha Wave Ventures II

Morocco

AutoCheck acquires Morocco-based KIFAL Auto

Nigeria-based automotive technology startup AutoCheck, has acquired Morocco-based KIFAL auto, as it aims to ramp up expansion into...

AutoCheck

Egypt

Healthtech startup Doxx launches after raising $1.5 million Seed round

Egypt-based healthtech startup Doxx has launched after closing a $1.5 million Seed round, led by Openner and Elevate. Founded in 2021...

Doxx

Saudi Arabia

STV partners with Meta to support Saudi startups

Saudi Arabia-based VC fund STV has announced a new partnership with Meta (formerly Facebook) that aims to support tech startups in the...

STV Meta

U.A.E

Pemo raises $12 million Seed round

UAE-based fintech Pemo has raised a $12 million Seed round, co-led by Cherry Ventures and Shorooq Partners, with participation from...

Pemo Fintech MENAP

Egypt

Instabug raises $46 million Series B round

Egypt-founded and US-based bug reporting platform Instabug, has raised a $46 million Series B funding round, led by Insight Partners...

instabug Insight Partners

U.A.E

NorthLadder raises $10 million in a convertible note

UAE-based marketplace NorthLadder has raised a $10 million convertible note, led by CE-Ventures, with supporting investment from BECO...

NorthLadder CE-Ventures marketplace

Egypt

CASF invests in Kenya fintech FlexPay

Egypt's The Cairo Angels Syndicate Fund (CASF) has invested an undisclosed amount in a Kenya-based fintech FlexPay, marking the...

CASF FlexPay Cairo Angels Syndicate Fund

Pakistan

Nama Ventures invests in Pakistan’s AgriDunya

Saudi Arabia-based VC Nama Ventures, has invested an undisclosed amount in Pakistan-based agritech AgriDunya’s pre-Seed...

AgriDunya agritech Nama Ventures

Egypt

Amazon acquires 4 per cent of valU for $10 million

Amazon has agreed to acquire $10 million in EFG Hermes GDRs, with the option to replace it with future investment in valU. This...

Amazon valu EFG Hermes

Regional

Kitopi raises $300 million Series C round extension

UAE-based cloud kitchen operator Kitopi, raised an additional $300 million in its Series C round late last year, extending the...

Kitopi

Egypt

B2B marketplace Teegara raises undisclosed Bridge round

Egypt-based e-commerce Teegara has raised an undisclosed bridge round, led by Alexandria Angel Network with the participation of...

Teegara Alexandria Angel Network E-commerce

Algeria

Algeria Venture and AIF launch $10 million VC fund

Algeria-based accelerator Algeria Venture (A-Venture) and the Algeria Investment Fund (AIF) have partnered to launch a VC fund targeting...

Algeria Venture Algeria Investment Fund VC fund

Egypt

Startupper of the Year Challenge names its three winners

Three Egyptian startups have been awarded EGP 140,000 ($7,600) each in funding, after being named winners of the third edition of the...

TotalEnergies

Egypt

Mylerz closes $9.6 million round led by Lorax Capital

Egypt-based last-mile delivery startup Mylerz has closed a $9.6 million round led by Lorax Capital Partners, with participation from...

Mylerz Lorax Capital fawry

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