Wamda

Saudi Arabia

tabby raises $23 million in Series A

UAE-founded Buy Now Pay Later (BNPL) provider tabby has raised Series A financing round of $23 million in debt and equity led by...

Tabby Fintech

Regional

Clara launches Mena Series A Term Sheet to streamline funding rounds

Clara, the legaltech startup founded in the UAE and part of Wamda’s portfolio of partner companies has launched the Mena Series A...

Clara term sheet term sheets

Bahrain

Malaeb joins Vooora sportstech accelerator

Source: Laffaz Powered by Kooora.com, Vooora Ventures, the first sportstech accelerator in MENA, earlier this week announced that...

Malaeb Vooora ventures Sportstech

Egypt

Raya Holding to launch EGP 100 million fintech-focused fund

Source: WAYA Raya Holding announced that it will invest EGP 100 million to establish a direct investment fund specifically for...

Raya holding Fintech VC fund

Egypt

Zeal Rewards raises seed round

Egypt-based mobile payments and loyalty platform Zeal Rewards, has closed an undisclosed amount of seed funding. Founded in 2019 by Omar...

Zeal Rewards Loyalty Programs

Bahrain

India’s FreshToHome receives funding from ADIO

India-based online fresh fish and poultry marketplace platform FreshToHome, has raised financial and non-financial incentives from the Abu...

FreshToHome ADIO Investcorp

Global

Mubadala invests in UK-based MEL Science

Source: BusinessCloud MEL Science, a London-based, science-focused EdTech platform, today announces that it has secured $14m...

Mubadala Capital EdTech MEL Science

Kuwait

Boxit raises investment to continue its growth

UAE-headquartered on-demand storage company Boxit, has secured its second funding round led by Kuwait-based Alif Ba Holding, with...

Boxit self-storage

Pakistan

Former Souq executive invests in Pakistan's Clicky

Source: Daily times Lahore-based fashion e-commerce startup, Clicky, closed USD 700,000 in a Pre-Series A round of funding. Former...

Clicky fashion ecommerce souq

U.A.E

AHOY raises $2.2 million seed

UAE-based e-commerce logistics startup AHOY, has raised a $2.2 million seed round from a GCC-based corporate venture capital as well as...

AHOY logistic Ecomemrce and retail

Iraq

Management buyout at Intellect Code

Source: Iraq business news Erbil-based Intellect Code, which specialises in advertising, marketing and market research, has...

Intellect Code market research data analysis

Global

MiSK Foundation buys 33.3% of Japan’s SNK for SAR 813 million

Source: Argaam The Mohammed bin Salman Foundation (MiSK) acquired a 33.3% stake in SNK Corporation, a Japanese video game...

SNK Acqusition video games

U.A.E

Amazon created 2,000 jobs in the UAE for White Friday

E-commerce retailers are scrambling to attract consumer attention during the annual month-long biggest sales event, White...

Amazon White Friday retail and ecommerce

Egypt

Eksab raises $500,000

Cairo-based daily fantasy sports platform Eksab, has raised $500,000 from 4DX Ventures. Launched in 2017, Eksab allows users to make...

Eksab daily fantasy sports

Saudi Arabia

Salla raises $8.5 million in Series A

Saudi Arabia-based e-commerce Salla, has closed a SAR32 million ($8.5 million) Series A round led by STV, with participation from existing...

Salla Series A

U.A.E

Quiqup raises $5.5 million

UAE-based last-mile logistics delivery startup Quiqup, has raised over $5.5 million in a funding round led by Delivery Hero, with...

Quipup Logistics ecommerce

Bahrain

Bidayatech launches Mena’s first reward-based crowdfunding platform

Bahrain-based Bidayatech has launched a reward-based crowdfunding platform, in an attempt to address startup funding challenges. The...

Crowdfunding funding gap

Kuwait

Yahaal raises Series A investment

Kuwait-based e-commerce platform Yahaal has raised a Series A round from Seeds Partner and AlMutamaiz International Company. The...

E-commerce

Bahrain

Investcorp invests in India's Xpressbees

Source: Reuters Bahrain’s Investcorp said on Sunday it has made an investment in Xpressbees, an Indian logistics startup, as part...

Investcorp ecommerce Series E

Global

Mubadala Capital leads $35 million investment round in Sweden's FirstVet

Source: Crunchbase Swedish startup FirstVet is expanding its on-demand video consultation platform in the United States after...

Mubadala Capital FirstVet

Saudi Arabia

Western Union buys $200 million stake in STC Pay

Source: Bloomberg Western Union Co. acquired a 15% stake in stc pay, a unit of Saudi Telecom Co. that’s focused on...

Western Union STC Pay Fintech

U.A.E

Fruitful Day raises $817, 000 in funding

UAE-based fresh food delivery company Fruitful Day, has secured Dh3 million ($817,000) via equity crowdfunding platform,...

Fruitful Day Fresh food delivery Crowdfunding

Egypt

Argineering raises $200,000

Source: WAYA Argineering, the award-winning tech company, raised more than $200,000 through their Kickstarter campaign exceeding their...

Argineering Crowdfunding Flat6Labs Cairo

U.A.E

Foodtech challenge awards $1 million grant to four startups

Four startups were selected to share a $1 million grant as part of the Tamkeen Foodtech Challenge. Out of 12 finalists, it was Saudi...

UAE Food Security Office tamkeen Catalyst accelerator

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