Wamda

U.A.E

US' REEF acquires UAE cloud kitchen operator iKcon

North America’s largest cloud kitchen operator REEF Technology, has fully acquired UAE-based cloud kitchens platform iKcon, in...

cloud kitchen iKcon Reef technology

Egypt

Capiter opens new office in Dubai

Egypt's Capiter, a B2B e-commerce startup, has opened a new office in Dubai. Capiter recently raised a $33 million Series A round,...

Capiter

U.A.E

Eight startups graduate from Flat6Labs Ignite programme in Abu Dhabi

Eight startups have graduated from the Flat6Labs Ignite programme in Abu Dhabi with each startup receiving Seed investment ranging from...

Flat6Labs Ignite Programme accelerator

Egypt

A15 invests in Egypt-based fintech Sympl

Egypt-based VC firm A15 has invested in fintech startup Sympl. The amount invested was not disclosed. Founded in October...

Sympl A15 Fintech

Jordan

ISSF invests $150,000 in Jordan’s NEXT Renewable Energy

Jordan-based Innovative Startups and SMEs Fund (ISSF) has announced a $150,000 investment in Jordan-based alternative energy provider...

ISSF NEXT Renewable Energy

Egypt

Egypt’s Breadfast closes $26 million Series A round

Egypt-based e-grocery Breadfast has raised $26 million in a Series A round co-led by Vostok New Ventures and Endure Capital, with...

Breadfast q-commerce dark stores

Egypt

US-based TachyHealth raises seven-figure Seed from regional investors

Jordan's Propeller Inc, the Oman Technology Fund- Wadi (OTF Wadi), Jordinvest, and an insurance company out of Saudi Arabia have...

TachyHealth healthtech

U.A.E

CleverTrip raises $750,000 pre-Seed round

UAE-based travel tech CleverTrip has raised a $750,000 pre-Seed round from an undisclosed angel investor. Founded by Ibrahim Shaker in...

CleverTrip healthtech

Egypt

Egyptian healthtech Bypa-ss raises $1 million in pre-Seed

Egypt-based healthtech startup Bypa-ss has closed a $1 million round from Egyptian and foreign investors, with participation from Magic...

healthtech Bypa-ss

U.A.E

Farmin, Kanari AI win GITEX Supernova Challenge

UAE-based Farmin and Kanari AI have won the 2021 GITEX Future Stars’ Supernova Challenge for their achievements in the artificial...

Farmin Kanari GITEX 2020

Regional

Illegal data collection, financial data theft are major concerns for GCC consumers, GPI study shows

Saudi Arabia and the UAE have among the world’s largest prepaid markets according to Ding’s bi-annual Global Prepaid Index...

GPI Ding GCC

Bahrain

Tarabut Gateway raises $12 million pre-Series A led by Tiger Global

UAE-based open banking platform Tarabut Gateway has raised $12 million in a pre-Series A round led by Tiger Global, alongside new...

Fintech Open banking Tarabut Gateway

Iraq

Iraq Venture Partners, new venture fund launches to support Iraqi startups

Several Iraqi investors have come together to launch a new VC, Iraq Venture Partners (IVP). Established by Omar Al-Handal,...

Iraq Venture Partners IVP VC

Egypt

Shipblu raises $2.4 million Seed round to back expansion

Egypt-based last-mile delivery startup ShipBlu has raised a $2.4 million Seed round led by Nama Ventures. Founded by Ali...

ShipBlu

U.A.E

Fero raises $1.1 million in pre-Series A

UAE-based supply chain SaaS startup Fero has closed a $1.1 million pre-Series A round from an undisclosed institutional investor and...

Fero freight SAAS

Egypt

Kuzlo closes pre-Seed round by Nama Ventures

Alexandria-based B2B marketplace Kuzlo has raised an undisclosed amount of funding in its pre-Seed round, led by Nama...

Nama Ventures Kuzlo

Regional

Organon, Flat6Labs launch accelerator to support female-focused healthtech in Mena

Flat6Labs has partnered with Organon to launch the Femtech Accelerator Programme to help healthtech startups focused on women’s...

Organon Flat6Labs

Algeria

Algerian Startup Financing Fund raises $7.2 million to support local startups

The Algerian Startup Financing Fund has raised DA1 billion ($7.2 million) to fund startups in Algeria. The fund was launched during...

Algerian Startup Financing Fund Algeria Disrupt 2020

U.A.E

Pure Harvest raises $64.5 million from Korea's IMM Investment, enters JV with PlanTFarm

UAE-based agritech startup Pure Harvest Smart Farms has secured $64.5 million in growth capital from Korean private investment firm IMM...

agritech Pure Harvest Smart Farms

U.A.E

Getbee raises $1.8 million pre-Series A

UAE-based Getbee has raised $1.8 million in a pre-Series A round from Altitude Capital, B & Y Venture Partners, and +VC, as...

retail tech Getbee b2b

U.A.E

Shorooq Partners launches The Nahda Fund 1 to support Mena startups

Abu Dhabi-based VC Shorooq Partners has launched The Nahda Fund 1, a venture-debt fund, in partnership with South Korea’s IMM...

Shorooq Partners IMM Investment Global The Nahda Fund 1

U.A.E

Chimera Capital’s closes $50 million second fund

Abu Dhabi-based Chimera Capital, a subsidiary of private investment firm Chimera Investment, has announced the close of its second fund...

uae Chimera venture capital fund

U.A.E

Fitness app Fitlov raises $500,000 pre-Series A

The UAE-based fitness app Fitlov has raised $500,000 in a pre-Series A fundraise through angel investment. Founded in February 2018 by...

Fitlov fitness

Lebanon

BY Venture Partners closes $50 million BY Fund II

Abu Dhabi and Beirut-based VC BY Venture Partners has closed its second fund, BY Fund II, valued at $50 million to be invested in...

BY Venture Partners BY Fund II VC

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