Wamda

Saudi Arabia

TruKKer raises $96 million in Series B

Saudi Arabia-based digital freight network TruKKer, has raised $96 million in a mix of equity and debt for its Series B...

Trukker

Bahrain

Dallaspresso raises $212,000

Bahrain-based direct-to-consumer coffee and tea brand Dallaspresso, has raised $212,000 from Hope Ventures, the investment arm of Hope...

U.A.E

YallaMarket raises $2.2 million bridge round

UAE-based quick-commerce startup YallaMarket has raised $2.2 million in a bridge round from Doha Tech Angels, Flyer One Ventures and...

YallaMarket q-commerce dark stores

Saudi Arabia

Saudi logistics startup RedBox raises $3 million

Saudi Arabia-based logistics startup RedBox has raised SAR 11.5 million ($3 million) in a Seed round led by Vision Ventures with...

Logistics Last mile RedBox

Egypt

Egyptian proptech Nawy raises $5 million Seed round

Cairo-based proptech Nawy has closed a $5 million Seed funding round, led by the Sawiris family office. Founded in 2016 by Mohamed...

Nawy Proptech

Regional

UAE ranked world’s most supportive entrepreneurship environment: GEM Report

The UAE was ranked top in the world in the 2021/2022 Global Entrepreneurship Mentorship (GEM) report in terms of countries that allow for...

GEM

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

U.A.E

UAE fintech Pyypl raises $11 million Series A

UAE-based fintech Pyypl has raised $11 million in a Series A round from a group of international family offices and angel...

Pyypl Series A

U.A.E

UAE’s Hubpay raises $20 million Series A fundraising

UAE-based fintech Hubpay has raised a $20 million Series A fundraising round, led by Signal Peak Ventures, joined by Olive Tree Capital...

hubpay Signal Peak Ventures

Egypt

Egypt fintech Thndr raises $20 million in Series A

Egypt-based fintech Thndr has raised $20 million in a Series A round co-led by Tiger Global, BECO Capital and Prosus Ventures with...

Thndr Fintech

U.A.E

Social media app ASKWHO raises $1 million Seed funding

UAE-based social media app ASKWHO, has raised a $1 million in a Seed round from several angel investors. Founded in 2019 and...

Social Media ASKWHO

U.A.E

Zywa closes $1 million pre-Seed round backed by Y Combinator

UAE-based fintech Zywa has closed a $1 million pre-Seed round for its teen neobank, backed by Y Combinator alongside other investors...

Zywa Y Combinator

Egypt

Funeral services platform SOKNA raises $1 million Seed round

Egypt-based funeral services startup SOKNA has closed a $1 million Seed round with participation from Mentors Fund, SBX Capital, ACE...

Funeral Services Sokna

Jordan

ISSF invests $120,000 in Mrayti

The Innovative Startups and SMEs Fund (ISSF) has invested $120,000 in Mrayti, a Jordan-based D2C brand that produces...

ISSF

Saudi Arabia

BARQ raises $4 million Seed round

Saudi Arabia-based delivery as a service (DaaS) startup BARQ has raised $4 million in a Seed funding round, led by OTF Jasoor Ventures...

DaaS BARQ q-commerce

Saudi Arabia

Tamawal raises $1.1 million pre-Seed round for its digital brokerage platform

Saudi-based fintech Tamawal has raised $1.1 million in a pre-Seed round led by MRK, with participation from 500...

Fintech

Industry Announcements

TruKKer raises $96 million in Series B

Dallaspresso raises $212,000

YallaMarket raises $2.2 million bridge round

Saudi logistics startup RedBox raises $3 million

Egyptian proptech Nawy raises $5 million Seed round

UAE ranked world’s most supportive entrepreneurship environment: GEM Report

Micropolis Robotics raises $4 million Seed round

UAE fintech Pyypl raises $11 million Series A

UAE’s Hubpay raises $20 million Series A fundraising

Egypt fintech Thndr raises $20 million in Series A

Social media app ASKWHO raises $1 million Seed funding

Zywa closes $1 million pre-Seed round backed by Y Combinator

Funeral services platform SOKNA raises $1 million Seed round

ISSF invests $120,000 in Mrayti

BARQ raises $4 million Seed round

Tamawal raises $1.1 million pre-Seed round for its digital brokerage platform

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