U.A.E Digital banking YAP raises $41 million in funding UAE-based fintech YAP, has raised $41 million in funding from Saudi Arabia's Aljazira Capital, Abu Dawood Group, Astra Group and... News • 04 July, 2022 YAP digital bank
U.A.E Anghami acquires live events management company Spotlight UAE-based music streaming app Anghami has acquired the Dubai-based live events and concert company Spotlight Event for an unknown... News • 04 July, 2022 anghami Spotlight Event
Saudi Arabia Saudi Arabia’s AlGooru raises $1.8 million Seed round Saudi Arabia-based edtech AlGooru, has raised $1.8 million in a Seed round from RAZ Group, RZM Investment, 100 Ventures, RAY Investment,... News • 03 July, 2022 AlGooru EdTech RAZ Group
U.A.E Careem acquires money transfer technology platform Denarii UAE-based super app Careem has acquired the assets of Denarii, a Dubai-based money transfer platform. The value of the deal was not... News • 01 July, 2022 Careem Pay careem Denarii
Egypt MNT-Halan closes $150 million securitised bond issuance Tasaheel, a wholly-owned subsidiary of Egypt-based fintech superapp MNT-Halan, has closed a securitised bond issuance of $150 million,... News • 30 June, 2022 Halan Tasaheel
U.A.E Pure Harvest secures $180.5 million from global investors to fund expansion UAE-based agritech Pure Harvest Smart Farms, has raised $180.5 million in its latest growth funding round. Investors included Metric... News • 30 June, 2022 agritech Pure Harvest Smart Farms
Global KBW Ventures invests in Eclipse’s $40 million Series B round UAE-based KBW Ventures, founded by HRH Prince Khaled bin Alwaleed bin Talal Al Saud, has invested in US-based dessert brand... News • 29 June, 2022 Eclipse
U.A.E School of Humanity raises Seed round UAE-based School of Humanity, an online high school, has raised an undisclosed Seed funding round led by Singapore-based educational... News • 29 June, 2022 School of Humanity
U.A.E DIFC launches Open Finance Lab Dubai International Financial Centre (DIFC) has launched the Open Finance Lab, a six-month programme designed to promote financial... News • 28 June, 2022 DIFC
Saudi Arabia SVC Invests in the first venture debt fund Saudi Venture Capital (SVC) has invested in a venture debt fund managed by Partners for Growth. The fund focuses on offering... News • 27 June, 2022 SVC Saudi Arabia Partners for Growth (PFG)
U.A.E Careem acquires food delivery startup MUNCH:ON UAE-based super app Careem has acquired food delivery subscription platform MUNCH:ON, as it looks to expand its offerings in the food... News • 24 June, 2022 Munch:On careem Food delivery
Saudi Arabia Nama Ventures invests in US-based IT startup Brev.dev Saudi Arabia-based VC firm Nama Ventures has invested an unknown amount in US-based containers for development Brev.dev. Founded in... News • 23 June, 2022 Nama Ventures Brev.dev
Saudi Arabia BIM Ventures launches $32 million BIM Investments II Saudi Arabia-based VC venture studio BIM Ventures has announced the launch of its second VC fund “BIM Investments II” with a... News • 23 June, 2022 BIM Ventures BIM Investments II Venture Capital
Egypt MNT-Halan acquires Talabeyah for undisclosed amount Egypt-based fintech MNT-Halan has acquired B2B e-commerce platform Talabeyah for an undisclosed amount. Founded in 2017 by Mounir... News • 23 June, 2022 MNT-Halan Talabeyah FMCG
U.A.E Vamstar closes $9.5 million Series A round UAE-based healthtech Vamstar, has closed its $9.5 million Series A funding round, led by Alpha Intelligence Capital (AIC) and Dutch... News • 23 June, 2022 Vamstar healthtech Alpha Intelligence Capital
Egypt AI startup Synapse Analytics raises $2 million pre-Series A round Egypt-based AI tech startup Synapse Analytics, has raised $2 million in a pre-Series A funding round led by Egypt Ventures, with... News • 22 June, 2022 Synapse Analytics Egypt Ventures AI
