Wamda

Saudi Arabia

Saudi AI startup Intelmatix secures investment from STV and Sultan Holdings

Saudi Arabia-based AI startup Intelmatix has raised an undisclosed investment round, led by STV and Sultan Holdings. Founded...

deeptech AI

Saudi Arabia

Nana raises investment from Faith Capital

Saudi Arabia-based e-grocery platform Nana has received an undisclosed amount of investment from Kuwait-based VC firm Faith...

Nana Faith capital

Saudi Arabia

Celebrity content app YELA raises $2.2 million Seed round

Celebrity content platform YELA has raised $2.2 million in a Seed round led by Justin Mateen, Tinder co-founder and general...

Yela Celebrity app

U.A.E

Opontia acquires medical equipment e-commerce brand Novimed

E-commerce enabler Opontia has acquired UAE-based direct-to-consumer (D2C) medical equipment and therapeutic products,...

Novimed Opontia

Egypt

Zain Telecom launches venture fund, invests in Swvl and Pipe

Kuwaiti mobile telecommunications company Zain has announced the establishment of Zain Ventures. The size of the fund has not been...

Zain Ventures Swvl Pipe

Egypt

Eight startups graduate from Flat6Labs’ Cairo Seed Programme

Egypt’s Flat6Labs has graduated eight startups from its Cairo Seed Programme’s 16th cycle, each receiving seed investment...

Flat6Labs Cairo Seed Program

Saudi Arabia

Saudi fintech Forus secures Series A funding

Saudi Arabia-based fintech Forus Capital has secured an undisclosed Series A funding round co-led by Yazeed Alrajhi and Brothers...

Forus Fintech

Egypt

CreditFins raises pre-Seed round for its credit card management platform

Cairo-based fintech startup CreditFins has raised a Pre-Seed funding round led by Flat6Labs, AUC Angels, TA Telecom Holding, and other...

CreditFins Fintech

Iraq

Founder Institute launches accelerator programme for the Levant

US-based accelerator Founder Institute is launching its pre-seed startup accelerator in the Levant region, targeting entrepreneurs in...

Founder Institute Levant accelerator

Regional

Swvl eyes IPO via SPAC

UAE-based mass transportation company Swvl, initially founded in Egypt, is reportedly planning to go public via a merger with a special...

Swvl SPAC

Egypt

GamesBandy receives $40,000 grant from Taqadam

Egypt-based gaming marketplace GamesBandy has received a $40,000 grant from Taqadam, a Mena startup accelerator, four months after...

Gamesbandy Taqadam

U.A.E

ADIO invests in three tech startups as part of its $545 million Innovation Programme

Abu Dhabi Investment Office (ADIO) announced today that it has invested in three tech companies as part of its Dh2 billion ($545...

ADIO Lyve Rizek

U.A.E

Huda Beauty Angels invests in female wellness startup Ketish

Dubai-based Huda Beauty Investment (HBI)-backed Huda Beauty Angels has invested in female wellness startup Ketish, Huda Kattan, CEO of...

HB investments female wellness femtech

U.A.E

Workfam receives co-investment from GELLIFY, Azimut

UAE-based employee SaaS platform Workfam has received an undisclosed investment from GELLIFY with participation from Azimut through the...

Workfam GELLIFY Azimut

Saudi Arabia

WeDeliver raises $2.4 million pre-Seed round

Saudi Arabia-based B2B logistics and last-mile delivery services provider WeDeliver has raised a $2.4 million pre-Seed round from Saudi...

b2b Logistics WeDeliver

Egypt

GoodsMart raises $3.6 million from Sawari Ventures

Cairo-based grocery shopping app GoodsMart has raised a $3.6 million funding round, led by Sawari Ventures. GoodsMart will be using...

goodsmart Grocery App Sawari Ventures

Pakistan

Zayani VC, Tricap invest in Pakistan-based Dastgyr’s $3.5 million Seed round

Bahrain-based Zayani Venture Capital and Dubai’s Tricap investments have participated in Pakistan-based B2B e-commerce startup...

Zayani VC Tricap b2b

Egypt

Egypt’s Taager closes $6.4 million Seed round

Egypt-based social e-commerce platform Taager has raised $6.4 million in a Seed round led by 4DX Ventures, with participation from Raed...

Taager E-commerce

Qatar

Spendwisor raises $1 million and secures $50 million capital commitment from Global Emerging Markets

Qatar-based fintech startup Spendwisor has raised $1 million in a pre-Seed round led by Erhama Nasser Al-Kaabi and...

Spendwisor Fintech

Morocco

Morocco's LNKO secures $335,000 investment

Morocco-based e-commerce startup LNKO has raised a $335,000 investment from CDG Invest. Founded in 2020 by Maha Bennani, LNKO provides...

LNKO Eyewear E-commerce

U.A.E

Abu Dhabi reduces company setup fees by 90 per cent

Abu Dhabi is slashing business setup and licence renewal fees for the private sector by almost 90 per cent. The reduced fees will...

abu dhabi ADDED

Egypt

Nawy raises Seed round from Sawiris Family Office

Cairo-based proptech startup Nawy has raised a seven-figure Seed round led by the Sawiris family office, with participation from Hatem...

Proptech Nawy

Global

Saudi's PIF participates in India-based Healthifyme's $75 million Series C round

Saudi Arabia's Public Investment Fund has invested in India-based healthtech Healthifyme's $75 million Series C funding round,...

Healthifyme Public Investment Fund healthtech

U.A.E

Clara raises investment from DIFC, opens office in Dubai

UK-based legaltech startup Clara will open an office in Dubai after raising investment from the DIFC’s Fintech Fund. The...

Clara Legaltech

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you