Wamda

Egypt

Foodics expands to Egypt and hopes to become micro-loan lender

Saudi Arabia-based food and beverages (F&B) retail and restaurant management platform Foodics, has expanded to Egypt. The...

Foodics f&b POS

Saudi Arabia

Penny Software raises $1.35 million Seed with participation from Wamda

Saudi Arabia-based Penny Software has raised $1.35 million in a Seed investment round from Wamda, Class 5 Global, Outliers VC, Plug and...

b2b marketplace Penny

Egypt

Kashier raises seed investment

Egypt-based financial technology (fintech) startup Kashier Payments, has raised a seed investment round led by Glint Ventures, with...

Kashier online payment Fintech

Kuwait

JustClean raises $8 million Series B

Kuwait-based laundry marketplace platform JustClean, has raised a $8 million series B round from Faith Capital Holding. Founded in 2017...

Justclean on-demand laundry

Regional

Wiz Holding raises seed funding

UAE-based e-commerce enterprise Wiz holding, has raised $2 million in seed funding from undisclosed international investors from the US,...

ecommerce Wiz Holding

Global

Endeavor closes third fund with Careem and Property Finder founders among LPs

Source: Endeavor Endeavor Catalyst announced the final closing of Fund III, a $134M venture capital fund through which it...

Endeavor Catalyst Fund careem Property finder

Egypt

US-based Openner to invest in 50 Egyptian startups

US-based venture capital firm Openner has launched an accelerator programme in Egypt, looking to invest in 50 early-stage startups. The...

Openner early stage

Egypt

Rology raises $860,000 in pre-Series A

Egypt-based health technology (healthtech) startup Rology, has raised $860,000 pre-Series A investment in a round led by Egypt-based...

Rology healthtech DAI

Global

UAE's Alpha Wave invests in India-based EkAnek Networks

Source: Yourstory Delhi-based EkAnek Networks announced on Monday it has raised Rs 40 crore in its Series A1 investment round. The...

Alpha Wave

U.A.E

Spartech Ventures invests in UK-based Bibliu

UAE-based venture capital (VC) investor Spartech Ventures, has participated in UK-based educational technology (edtech) platform...

Spartech Ventures EdTech Bibliu

Egypt

Anubis Gaming raises $300,000

Source: Esports Egyptian esports organisation Anubis Gaming has secured $300,000 (~£234,297) in it’s latest round...

Anibus Gaming esports

Regional

Energy-focused AFKAR ventures launches in Mena

Dubai-headquartered AFKAR Ventures has launched in the Middle East and North Africa (Mena) region looking to invest in startups operating...

Afkar Ventures Energytech

Regional

Saudi’s Falak to invest SAR5 million in 10 startups

Saudi Arabia-based angel accelerator Falak Investment Hub is planning to invest SAR5 million in up to 10 tech startups selected to...

Falak investment hub acceleration

Egypt

Isqan.com raises pre-seed investment

Egypt-based property technology (proptech) startup Isqan.com, has raised a six-figure investment in its pre-seed round from an undisclosed...

Proptech Isqan.com

Global

Fintech investments in EMEA rise to $4.6 billion in H1 2020

Investments in financial technology (fntech) in the Europe, Middle East and Africa (EMEA) recorded $4.6 billion in the first half of 2020,...

Fintech EMEA

Jordan

360Moms raises fresh funds

Jordan-based online parenting platform 360Moms, has raised investment from Palestine-based Ibtikar Fund and Jordan-based ISSF (Innovative...

360Moms online parenting ISSF

Global

Abu Dhabi's Alpha Wave invests in India-based SenseHawk

Source: VCCircle Solar software startup SenseHawk Inc. on Tuesday said it has raised $5.1 million (Rs 37 crore) in fresh capital as part...

SenseHawk software development Alpha Wave

U.A.E

Awok’s failure: Pandemic victim or cash mismanagement?

Wamda cannot verify the claims that Hussein Khafagy, head of customer experience at Awok makes below Last week, Dubai-based...

awok.com failures

U.A.E

Us-based Village Capital invests in four UAE startups

Source: Arabian Business Village Capital, the US-based venture capital firm, is looking to fund UAE start-ups through its MetLife...

Village Capital early stage

U.A.E

UDENZ raises $100,000 bridge round

Dubai-based dental app UDENZ has raised a $100,000 bridge round, led by Global Ventures UAE and several angel investors. The company...

Udenz healthtech

Pakistan

Jabbar Internet Group invests in GrocerApp

Dubai-based Jabbar Internet Group has led in Pakistan-based GrocerApp’s $1 million seed round, marking the group’s first-ever...

Grocery App Online delivery Jabbar Group

Global

Abu Dhabi's Alpha Wave invests in Entropik Tech

Source: Live Mint Entropik Tech, an artificial intelligence-powered emotional intelligence platform, has raised $8 million (about Rs58.4...

Artificial intelligence

U.A.E

Fetchr confirms $15 million in fresh funding with plans to raise $10 million more

Dubai-based logistics startup Fetchr has confirmed that it raised $15 million as part of its Series C Funding round, the company said in a...

Fetcher Bloomberg

U.A.E

The Luxury Closet raises funding from Huda Beauty Investments

Dubai-based luxury resale marketplace The Luxury Closet (TLC) has secured an undisclosed investment from Huda Beauty Investments (HBI), the...

The Luxury Closet HB investments E-commerce

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