Regional The hidden cost of rushing funding for MENA startups An article by the CEO of Atiom, Matthew Spriegel. Startups often chase large early funding rounds, believing that more capital... Thought Leadership • 07 April, 2025 oped Funding
Regional Startups in Mena raised $324 million in June 2022, propelling H1 to $1.7 billion Startups in the Middle East and North Africa region (Mena) raised $323.7 million across 66 deals in June 2022, an 84 per cent increase in... Wamda • 07 July, 2022 Investment Funding
Jordan Flat6Labs launches $20 million Seed Fund in Jordan Seed investor and accelerator Flat6labs, has launched a $20 million Seed Fund in Jordan to nurture the growth and development of... News • 16 June, 2021 Flat6Labs Funding Jordan
Saudi Arabia Aramco’s Wa’ed signs agreement with Falak Investment Hub to increase Saudi startup funding Saudi Arabia-based Falak Investment Hub has signed a memorandum of understanding (MoU) with Wa’ed, the entrepreneurship arm of... News • 28 April, 2021 StandUp Funding Saudi Arabia
Global Hub71, Bpifrance set to unlock funding opportunities for startups Source: WAM Hub71, Abu Dhabi’s global tech ecosystem powered by Mubadala Investment Company, has forged a strategic partnership... News • 12 October, 2020 Hub71 Bpifrance Funding
Saudi Arabia Investment in Saudi-based startups record an all time high in 2019 The number of investments in Saudi-based startups amounted to 71 investments in 2019, an increase of 92 per cent from 2018, recording the... Yasmeen Nabil • 29 January, 2020 saudi growth Funding
U.A.E Lorryz raises $1.4 million in seed funding Source: MenaBytes Dubai-based online freight marketplace Lorryz has raised $1.4 million in a seed round, it... News • 20 January, 2020 seed Funding freight
Saudi Arabia Leap raises six figure seed funding Source: MenaBytes Riyadh-based coffee pre-ordering startup Leap has raised six-figure (USD) seed funding, it... News • 15 January, 2020 seed Funding Coffee
Egypt Wasla Browser raises $1 million in seed funding Source: Venture Burn Wasla, a Cairo-based startup that has developed an incentivised mobile browser that rewards users with free mobile... News • 05 December, 2019 seed Funding Free
U.A.E Fetchr raises $10 million in emergency funding Source: Bloomberg Courier app Fetchr, once one of the Middle East’s largest startups, raised as much as $10 million in... News • 04 December, 2019 Dubai emergency Funding
Egypt Jinni raises six-figure in funding Source: MenaBytes Cairo-based cleaning services startup Jinni has raised six-figure (USD) investment from AUC Angels, the newly... News • 02 December, 2019 Egypt cleaning Funding
U.A.E Invygo raises $1 million in seed funding Source: MenaBytes Dubai-based car subscription startup Invygo has raised $1 million in a seed round, the startup announced in a... News • 29 November, 2019 car subscription seed
Saudi Arabia Nala Raises $1 million in funding Source: finsmes Nala, a Riyadh, Saudi Arabia-based digital health service, raised $1m in its first financing. The round was led... News • 12 November, 2019 digital Health Funding
Kuwait Cofe raises seven figure Series A funding Source: finsmes Cofe App, a Kuwait-based coffee-centric marketplace app, raised a seven figure Series A funding. The exact amount of... News • 08 October, 2019 Coffee Series A Funding
U.A.E Almentor raises $4.5 million in series A funding Source: Startup MGZN Dubai-based e-learning platform almentor.net has announced that it closed a $4.5 million Series A investment round... News • 08 October, 2019 E-Learning Funding Series A
U.A.E Melltoo raises pre-Series A from China’s Gobi Partners Dubai-based online marketplace Melltoo has announced an undisclosed pre-series A funding round co-led by China-based venture capital... Yasmeen Nabil • 30 September, 2019 E-commerce Funding ksa
Kuwait UPayments raises seed funding Kuwait based online payment solutions provider UPayments announced that it has raised seed funding for an undisclosed sum from... Yasmeen Nabil • 18 September, 2019 seed Funding e-payment
U.A.E MidChains raises funding Source: The National The venture capital arm of Mubadala Investment Company has taken a stake in MidChains, a company which recently... News • 04 August, 2019 Stake Funding crypto
Morocco SOS Credit receives funding from SEAF Morocco Growth Fund Source: Venture Burn SOS Credit, a Casablanca-based fintech startup, has received an undisclosed investment from the SEAF Morocco... News • 24 July, 2019 Fintech startup Funding
Bahrain The Stories Studio secures $70,000 Source: Startup MGZN The Stories Studio, one of the graduates from Flat6Labs Bahrain’s First Cycle has officially... News • 09 June, 2019 Investment Funding storytelling
U.A.E Dubai-based Jump The Q secures a Pre-seed funding round Source: Magniit Jump the Q, a Dubai based tech startup has successfully secured a pre-seed funding round of an undisclosed amount from... News • 28 April, 2019 pre-Seed Funding tech
U.A.E YaLLa Esports secures seed funding Source: Startup MGZN YaLLa Esports, an esports organisation in the MENA region, has completed and secured a seed funding round from... News • 09 April, 2019 esports Funding Invesmtment
U.A.E AWOK.com closes US$30 million series A funding Source: Zawya The UAE mass market e-commerce platform AWOK.com- has closed its first external round of financing to pursue its... News • 08 April, 2019 E-commerce Funding Series A
U.A.E Oliv raises $2 million in Series A Oliv, the UAE-based careers platform connecting employers with young talent, has closed $2 million Series A funding round led by the... News • 07 April, 2019 Investment Funding round
