Wamda

Egypt

Egypt’s InGame Sports raises pre-Seed round

Egypt-based gaming platform InGame Sports, has raised over $1 million in cash, in-kind resources, and grants in a pre-Seed round led by...

InGame E-sports

Regional

Does Mena need to pay greater attention to developments in AI?

Artificial intelligence (AI) has permeated through almost every industry and sector, changing our daily interactions with technology...

Artificial intelligence

Saudi Arabia

Aramco’s Wa’ed Ventures co-invests €13 million Series A round in OQ Technology

Luxembourg-based 5G satellite operator OQ Technology, has closed a €13 million Series A funding round co-led by Saudi...

Wa’ed Ventures Aramco OQ Technology

Egypt

KarmSolar announces new minority stake round

Egypt-based solar energy company KarmSolar, has initiated a round of capital increase, supported by US-based Synergy Consulting as the...

KarmSolar solar energy Synergy Consulting

U.A.E

G42 launches $10 billion technology growth fund

UAE-based AI and cloud computing technology company G42, has launched a $10 billion G42 Expansion Fund, in partnership with Abu...

G42 ADG G42 Expansion Fund

Regional

Can restaurant payment startups survive the market slowdown and rise in food costs?

There is a popular chain of Italian restaurants in Europe that is owned and operated by a French company that kickstarted a revolution in...

foodtech ChatFood Eat App

Global

How bad is Big Tech’s hiring freeze?

By Dave Lee The end of the tech boom has sparked a flurry of job cuts as companies move swiftly to tighten their belts. Recruitment at...

big tech

Saudi Arabia

STC, Alibaba to launch Alibaba Cloud in Saudi Arabia

Saudi Arabia’s national telecoms provider STC Group has partnered with China’s Alibaba Group to establish Alibaba Cloud for...

STC Alibaba Alibaba Cloud

Saudi Arabia

STV partners with Meta to support Saudi startups

Saudi Arabia-based VC fund STV has announced a new partnership with Meta (formerly Facebook) that aims to support tech startups in the...

STV Meta

Regional

How can Mena build a deeptech ecosystem?

Amr Awadallah is an Egyptian born computer scientist and entrepreneur based in Silicon Valley. What’s particularly interesting about...

podcast Amr Awadallah

Egypt

Sequence Ventures to invest in 10 startups through $8 million Deep-Tech fund

Egypt-based VC Sequence Ventures, is planning to invest $8 million (EGP150 million) in 10 tech companies this year via its Egypt...

Sequence Ventures Deep-Tech Fund

U.A.E

Hub71 startups have raised $408 million since 2019

Startups based in Abu Dhabi's tech ecosystem Hub71, have raised Dh1.5 billion ($408 million) in funding since 2019. The aggregate...

uae Hub71 Start-up

Tunisia

Wattnow raises $1.3 million in pre-Series A round

Tunisia-based IoT energy management solution Wattnow, has closed a $1.3 million pre-Series A funding round, led by Katapult Climate and...

Wattnow energy efficiency

Lebanon

JumpCloud acquires Lebanon-born MYKI

US-based cloud management platform JumpCloud has acquired the Lebanon-born cyber security company MYKI for an undisclosed...

JumpCloud MyKi

Egypt

Egypt’s Homzmart acquires German technology company MockUp Studio

Egypt-based online furniture marketplace Homzmart, has announced the acquisition of German technology company MockUp Studio for an...

Homzmart MockUp Studio

Regional

How have NFTs impacted the Middle East’s art world?

Rarely a day goes by without the announcement of a new NFT [non-fungible token] project, artwork or even a culinary digital...

NFT crypto

Egypt

Egypt launches $50 million VC programme to support tech startups

Egypt has launched a $50 million venture capital programme to finance new and existing investment funds, in collaboration with the World...

MSMEDA world bank

Saudi Arabia

Dammam Valley launches BioTech Startups Programme

Dammam Valley has launched the BioTech Startups Programme, in partnership with Imam Abdul Rahman bin Faisal University, Saudi...

Dammam Valley BioTech Startups Programme

U.A.E

Micropolis Robotics raises $4 million Seed round

UAE-based Micropolis Robotics has raised a $4 million Seed round led by US-based Mindrock Capital. Founded in 2014 by Egor...

Micropolis Robotics Mindrock Capital

Saudi Arabia

Saudi AI startup Mozn raises $10 million Series A funding

Saudi Arabia-based AI company Mozn has raised $10 million in Series A funding, led by Raed Ventures with participation from Shorooq...

Mozn Artificial intelligence Raed Ventures

Saudi Arabia

Saudi agritech Red Sea Farms expands into US

Saudi Arabia-based agritech Red Sea Farms is expanding to the US, following an investment from US investors AppHarvest and Bonaventure...

agritech Red Sea Farms

Tunisia

Tunisia-born InstaDeep raises $100 million Series B round

Tunisia-born InstaDeep has closed its Series B round at $100 million, led by Alpha Intelligence Capital together with CDIB, alongside...

InstaDeep SAAS Artificial intelligence

Saudi Arabia

Saudi Arabia’s Lucidya raises $6 million in second funding round

Saudi-based SaaS platform Lucidya has raised its second round of funding of $6 million, led by Rua Growth Fund with participation...

Lucidya SAAS

Saudi Arabia

Saudi Arabia’s Squadio raises Seed round from SEEDRA Ventures

Saudi Arabia-based HR platform Squadio, has raised its Seed funding round from Riyadh-based SEEDRA Ventures. Founded in 2019 by Khaled...

Squadio Seedra Ventures

Thought Leadership

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