Regional Google launches “AI First” startup accelerator in MENA Tech giant Google has launched its Google for Startups Accelerator: AI First programme during an event at the Dubai Future Foundation... News • 25 October, 2024 Google Google for Startups Accelerator AI First
Kuwait Kuwaiti edtech Tadarab expands into Saudi Arabia Kuwait-based edtech Tadarab has expanded into Saudi Arabia as part of its strategic plan to meet the growing demand for online education... News • 24 October, 2024 Tadarab EdTech
Morocco Morocco’s Colis.ma secures $300,000 pre-Seed from Witamax Morocco-based cross-border logistics startup Colis.ma, a leading Moroccan startup has closed its pre-seed funding round at $300,000 from... News • 24 October, 2024 Colis.ma Logistics WitaMax
Egypt South Africa’s Pargo expands to Egypt with $4 million fresh investment South Africa-based e-commerce logistics startup Pargo has expanded into the Egyptian market after raising $4 million in investment, led... News • 24 October, 2024 Pargo Logistics E-commerce
Egypt Sawari Ventures targets raising $200 million for second fund The Egypt-based venture capital firm Sawari Ventures will launch its second fund in early 2025 with a target of $200... News • 24 October, 2024 Sawari Ventures
Regional MENA e-commerce grew by 80% since 2020, Checkout.com's report suggests The digital commerce in MENA in recent years saw digital payment volumes grow by 658% since 2020, according to Checkout.com’s... News • 23 October, 2024 Checkout.com E-commerce digital payment
Egypt Egypt's Viridia Tech wins 2024 Mega Green Accelerator grand prize Egypt-based agritech Viridia Tech has been named the overall winner of the 2024 Mega Green Accelerator, awarded the $100,000 grand prize... News • 23 October, 2024 Viridia Tech 2024 Mega Green Accelerator Pepsico
U.A.E UAE’s proptech Prypco raises $10 million Seed round UAE-based proptech Prypco has raised $10 million in a Seed funding round, led by Shorooq Partners, with participation from Apparel Group... News • 23 October, 2024 Prypco Shorooq Partners
U.A.E invygo pursues profitability after raising $8 million Series A extension Saudi Arabia-headquartered mobility startup invygo has raised an $8 million Series A extension provided by STV’s newly launched... News • 23 October, 2024 Invygo STV mobility
U.A.E UAE’s Best Kept Shared acquires BAZAARA UAE-based e-commerce platform Best Kept Shared has acquired the UAE’s peer-to-peer (P2P) fashion resale platform BAZAARA for an... News • 22 October, 2024 Bazaara Best Kept Shared Fashion
Saudi Arabia HALA Payments joins Saudi Unicorns Programme Saudi Arabia-based fintech HALA Payments has been selected to join the Saudi Unicorns Programme. Through the Saudi Unicorns... News • 21 October, 2024 HALA Payments Fintech Saudi Unicorns Programme
Saudi Arabia Saudi B2B fintech Mala secures $7 million pre-Seed Saudi Arabia-based fintech Mala has closed a $7 million pre-Seed funding round, led by VentureSouq and Shorooq Partners, as well as M... News • 21 October, 2024 Mala Fintech Venture Souq
U.A.E Abhi closes $15 million debt round led by Shorooq Partners UAE-headquartered fintech Abhi has secured $15 million in debt financing led by Shorooq Partners and Amplify Growth... News • 17 October, 2024 Abhi Shorooq Partners Amplify Growth Partnership
Saudi Arabia JARAS Hospitality secures $666,000 pre-Seed Saudi Arabia-based JARAS Hospitality has closed a $666,000 pre-Seed, led by undisclosed angel investors. Founded in 2023 by Ahmed Al... News • 16 October, 2024 JARAS Hospitality hospitality
Saudi Arabia SVC pledges $15 million to Vision Ventures' Saqr Fund II Saudi Venture Capital (SVC) has invested $15 million in Vision Ventures' Saqr Fund II venture capital fund. Saqr Fund II, with a... News • 16 October, 2024 Vision ventures SVC Saqr Fund II
Regional Moonbase Capital launches $15 million SME investment vehicle Spain-based search fund investment firm Moonbase Capital has launched a $15 million investment vehicle aimed at backing talented... News • 16 October, 2024 Moonbase Capital smes
