Wamda

Egypt

MoneyHash raises $3 million pre-Seed funding

US-based Egyptian fintech MoneyHash has raised $3 million in pre-Seed funding, led by UAE venture capital firm COTU Ventures, with...

MoneyHash COTU Ventures VentureSouq

U.A.E

Zywa closes $1 million pre-Seed round backed by Y Combinator

UAE-based fintech Zywa has closed a $1 million pre-Seed round for its teen neobank, backed by Y Combinator alongside other investors...

Zywa Y Combinator

Bahrain

Lumofy receives $500,000 investment from Hope Ventures

Bahrain-based edtech Lumofy has raised $500,000 from Hope Ventures, alongside Saudi angel Investors, in addition to JEO Capital...

Lumofy Hope Ventures Beban

U.A.E

UDENZ raises $150.000

UAE-based dental clinic appointment management platform UDENZ has raised $150,000 in a debt round from Global Ventures and angel...

Udenz health tech

Global

Anghami officially lists on US NASDAQ

Music streaming platform Anghami has completed its business combination with Vistas Media Acquisition Company and has listed its shares...

anghami

Saudi Arabia

Saudi fintech SiFi closes pre-Seed round led by Khwarizmi Ventures

Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has raised an undisclosed pre-Seed round led by Khwarizmi...

Fintech expenses

Pakistan

Wamda participates in Truck It In’s $13 million Seed round

Wamda has participated in Pakistan-based Truck It In’s $13 million Seed round which was was co-led by Global Founders Capital and...

Logistics Truck It In

Global

SWVL raises additonal $21.5 million in PIPE funding

UAE-based mobility solutions provider SWVL has raised an additional $21.5 million in private investment in public equity (PIPE) deal as...

Swvl

Saudi Arabia

Fashion marketplace Taffi raises $2 million Seed round

Saudi Arabia-based fashion marketplace Taffi has raised a $2 million Seed round, led by Impact46 & Al-Rashed Group (ARG), with...

Taffi Impact46

Saudi Arabia

Saudi AI startup Mozn raises $10 million Series A funding

Saudi Arabia-based AI company Mozn has raised $10 million in Series A funding, led by Raed Ventures with participation from Shorooq...

Mozn Artificial intelligence Raed Ventures

Saudi Arabia

Khwarizmi Ventures closes $70 million fund to invest in MENAP startups

Saudi Arabia-based Khwarizmi Ventures has completed the second closing of its current fund with a value of $70 million to fuel...

Khwarizmi Ventures MENAP

U.A.E

Datacultr raises $1 million Seed

UAE-based fintech has raised a $1 million Seed funding round, led by London-based Sturgeon Capital, along with Seedstars...

Fintech

Saudi Arabia

Saudi Aramco launches $1 billion Prosperity7 Ventures fund

Saudi Arabia’s Aramco has launched Prosperity7 Ventures, a $1 billion global VC fund, with a long-term view to supporting the...

Aramco Prosperity7 Ventures VC fund

Egypt

Funeral services platform SOKNA raises $1 million Seed round

Egypt-based funeral services startup SOKNA has closed a $1 million Seed round with participation from Mentors Fund, SBX Capital, ACE...

Funeral Services Sokna

Saudi Arabia

Saudi dark store Nana raises $50 million

Saudi Arabia-based dark store Nana has raised $50 million in a round led by FIM Partners and STV, bringing the total funding to $80...

Saudi Arabia Nana

Egypt

Egypt’s Yalla Fel Sekka raises $7 million Series A

Egypt-based logistics and quick commerce startup Yalla Fel Sekka has raised a $7 million Series A round, led by ADQ’s venture...

Yalla Fel Sekka Logistics E-commerce

Saudi Arabia

Female-focused edtech Playbook raises $700,000

KSA-based edtech Playbook has raised a $700,000 pre-Seed round, led by 500 Global, Sanabil Investments, Faith Capital, Women Spark...

Saudi Arabia Playbook EdTech

Saudi Arabia

Retailo raises $36 million in Series A

Saudi Arabia-based B2B marketplace Retailo has raised a $36 million mixed equity and debt Series A round. The equity funding...

Retailo

U.A.E

UAE-based Takalam raises $1 million pre-Seed round

UAE-based healthtech Takalam has raised $1 million in a pre-Seed round, led by Emirates Angels members, along with Nowaisi Investments,...

Takalam healthtech mental health

U.A.E

Alpha Wave Global invests in Moglix's $250 million Series F funding

India-based logistics startup Moglix has raised $250 million in Series F funding round, at a valuation of $2.6 billion, led by Tiger...

Moglix Logistics E-commerce

U.A.E

Qlub raises $17 million Seed round

UAE-headquartered fintech Qlub has raised a $17 million Seed round, co-led by Cherry Ventures and Point Nine, with participation...

Fintech

Egypt

Brimore raises $25 million in Series A

Egypt-based social commerce platform Brimore has raised a $25 million Series A round, led by the International Finance Corporation (IFC)...

Brimore

Saudi Arabia

Saudi agritech Red Sea Farms expands into US

Saudi Arabia-based agritech Red Sea Farms is expanding to the US, following an investment from US investors AppHarvest and Bonaventure...

agritech Red Sea Farms

Iraq

Rocket Internet-backed Iraqi super app Baly raises $10.5 million

Iraq-based super app Baly, backed by Germany’s Rocket Internet has closed a Seed round of $10.5 million from Kingsway Capital, MSA...

super app iraq

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