Wamda

Saudi Arabia

Saudi proptech Mabaat raises $2.4 million in Seed round

Saudi Arabia-based proptech Mabaat, has raised $2.4 million in a Seed round led by Derayah Ventures with participation from SEEDRA...

Saudi Arabia مبات

Kuwait

Kuwait’s Sihaty raises $1.3 million in pre-Series A round

Kuwait-based healthtech Sihaty has raised$1.3 million in a pre-Series A round from Rasameel Investments, The Taken Seat Fund, Doha...

Sihaty healthtech

Saudi Arabia

invygo raises $1.9 million in pre-Series A round

Saudi Arabia-based car subscription platform invygo has raised $1.9 million in pre-Series A round from Signal Peak Ventures, JS Group,...

Invygo car subsciption

Kuwait

MyHome raises $1.75 million bridge round

Kuwait-based on-demand startup MyHome has raised $1.75 million in a bridge funding round, led by Rasameel Investment Company, as well as...

MyHome e-servicing

Saudi Arabia

Red Sea Farms raises additional $6 million in pre-Series A round

Saudi Arabia-based agritech startup Red Sea Farms has raised an additional $6 million, increasing its pre-Series A round to $16 million,...

agritech Red Sea Farms

Egypt

Swvl considers listing on Egyptian Exchange in 2022

UAE-based Swvl, initially founded in Egypt, is studying a possible listing on the Egyptian Exchange in 2022 or 2023. Last month,...

Swvl Nasdaq EGX30

Egypt

Schoolz raises six-figure pre-Seed round

Cairo-based student transportation platform Schoolz has raised six-figure pre-Seed funding round from investors in Saudi Arabia and...

Schoolz Transportation

Global

ADQ, Qatar Investment Authority invest in Turkey-based Trendyol's $1.5 billion funding round

UAE sovereign wealth fund ADQ, Qatar Investment Authority (QIA), General Atlantic, SoftBank Vision Fund 2, Princeville Capital, have...

ADQ Qatar Investment Authority

U.A.E

MySyara raises $400,000 and announces $2.6 million acquisition to fuel expansion

UAE-based automotive startup MySyara has acquired an undisclosed auto parts distributor in the UAE in a deal valued at $2.6 million....

MySyara

Saudi Arabia

Saudi fulfiment and logistics provider oda raises pre-Seed funding

Saudi Arabia-based e-commerce fulfilment and logistics provider oda has raised an undisclosed pre-Seed funding round from angel...

oda Last mile

Global

UAE's KAAF Investments and Spartech Ventures participate in Nigeria-based Moove's $23 million Series A round

UAE's KAAF Investments and Spartech Ventures have invested in Nigeria-based auto-financing startup Moove's...

Moove Spartech Ventures KAAF

Regional

Village Capital launches accelerator programme for impact startups in Mena, Turkey

US-based Village Capital has launched an investment readiness accelerator programme for impact startups from the Middle East, North...

Village Capital impact entrepreneurship

U.A.E

Augustus Media raises $400,000 in debt financing

Dubai-based new media startup Augustus Media has raised $400,000 in debt financing led by crowdfunding platform Beehive. Founded in...

Augustus Media beehive

U.A.E

Sarwa closes $15 million Series B round led by Mubadala

UAE-based fintech Sarwa has closed a $15 million Series B funding round, led by Mubadala Investment Company with participation from...

Fintech sarwa series B

Saudi Arabia

Palm.hr raises Bridge round led by Nama Ventures

Saudi Arabia-based HR solutions startup has closed an undisclosed Bridge funding round, led by Nama Ventures with participation from...

Palm.hr HR solutions

Saudi Arabia

The Stock raises $667,000 in pre-Seed funding

Saudia Arabia-based visual content platform The Stock has raised $667,000 in a pre-Seed funding round, led by VEST Investment Company...

The Stock VEST Investment

U.A.E

E-commerce startup Splyr Global raises $500,000 investment

Dubai-based e-commerce startup Splyr Global has received a $500,000 investment from Quality & Saving Center, a hypermarket...

Splyr E-commerce

Egypt

Teegara raises five-figure pre-Seed round

Cairo-based e-commerce startup Teegara.com has closed a five-figure pre-Seed follow-on funding round led by the Alexandria Angels...

Teegara E-commerce b2b2c

Jordan

Jordan's BithTV raises $205,000 Seed round

Jordan-based BithTV, a crowd content platform for Arab gamers has raised $205,000 Seed round, led by existing...

Gaming seed BithTV

U.A.E

tabby closes $50 million Series B round

UAE-based buy now pay later (BNPL) startup tabby has raised $50 million in a Series B round, valuing the fintech at $300 million. The...

Buy now pay later Fintech Tabby

Turkey

FENIX acquires Turkey's PALM after raising fresh funds

UAE-based micromobiltiy operator FENIX has raised additional funds from its existing investor to finance its recent expansion to Turkey...

Fenix micromobility

U.A.E

Baraka launches app after $4 million Seed round

Dubai-based fintech startup Baraka has launched its app today after raising a $4 million Seed round, from Nuwa Capital, Global...

Baraka Fintech

Jordan

POSRocket raises $5 million

Jordan-based cloud point of sale (POS) platform POSRocket has raised a $5 million funding round, co-led by Finance in...

POSrocekt retailers

U.A.E

SimpliFi launches after closing Seed round led by Raed Ventures

UAE-based fintech SimpliFi has emerged from stealth mode to launch its “cards as a service” platform in the Middle East and...

SimpliFi Fintech CaaS

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