Wamda

Lebanon

Women-led VC firm Globivest completes first close of first fund

Lebanon-based venture capital (VC) firm Globivest has achieved its first closing for an undisclosed sum. Founded in 2016 by Jasmine...

Globivest Venture Capital

U.A.E

DIEZ launches $136 million venture capital fund for startups

Dubai Integrated Economic Zones Authority (DIEZ) has launched a VC fund worth Dh500 million ($136 million)...

Venture Capital DIEZ

U.A.E

Scalo Technologies moves HQ to UAE, plans to invest $100 million in Mena startups

Singapore-based VC firm Scalo Technologies has moved its headquarters to Dubai, with the intention to invest $100 million in promising...

Scalo Technologies Venture Capital

Egypt

Acasia Ventures invests in Fez’s $1 million Seed round

Egypt-based VC firm Acasia Ventures has participated in the $1 million Seed round raised by the Lagos-based last-mile delivery platform...

Acasia Ventures Fez Last mile

Saudi Arabia

IMPACT46 launches $133 million Fund

Saudi Arabia-based VC firm IMPACT46 has launched a new SAR500 million ($133 million) fund to invest in technology startups in Saudi...

Impact46 Venture Capital

U.A.E

Modus leads Koble’s $1.2 million pre-Seed round

UAE-based VC Modus, has led the $1.2 million pre-Seed funding round for UK-based investment firm Koble alongside Belgium-based VC...

Koble Modus Venture Capital

Regional

Seedstars launches platform to develop VC managers in emerging markets

Switzerland-based Seedstars has launched its investment arm “Seedstars Capital” for emerging VC fund managers across the...

seedstars Venture Capital

Regional

IFC launches $225 million platform to strengthen VC ecosystems in Africa, Middle East

World Bank-backed International Financial Corporation (IFC) has launched a $225 million platform to strengthen venture capital...

ifc Venture Capital

Regional

Modus launches $75 million Africa-focused fund

US-based and Mena-focused VC firm Modus, has launched a $75 million Modus Africa VC fund that will invest in African startups, led by...

Modus Venture Capital

Saudi Arabia

Saudi Telecom Company commits additional $300 million to VC firm STV

Saudi Telecom Company (STC) has committed an additional $300 million to Saudi venture capital firm STV, on top of an earlier investment...

STC STV Venture Capital

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...

BIM Ventures BIM Investments II Venture Capital

Morocco

Morocco’s Al Mada launches pan-African $109.5 million VC fund

Morocco-based Al Mada Holding Group has launched a $109.5 million pan-African venture capital fund to invest in fast-growing...

Al Mada africa Venture Capital

Bahrain

Bahrain’s Al Waha announces new investment in BY Venture Partners

Bahrain’s Al Waha Fund of Funds (Al Waha) has announced a new investment in Mena-based BY Venture Partners (BY) which is targeting...

Al Waha Fund of Funds BY Venture Partners Venture Capital

Saudi Arabia

The VC map of Saudi Arabia

We recently published a feature highlighting the growth of Saudi Arabia's venture capital sector. In this infographic, we have mapped...

Venture Capital Angel Investor corporate venture capital

U.A.E

Crescent Enterprises to double investments in startups to $272 million by 2022

UAE-based Crescent Enterprises announced doubling its venture capital investments in startups to $272 million (Dh 1 billion) by...

uae Venture Capital

Global

SIP debuts fund for US startups looking to scale across Mena

US and Tokyo-based venture capital firm SIP Global Partners recently announced the first close of $75 million for its debut fund, targeting...

Venture Capital

Regional

Is a competitive funding landscape good for the ecosystem?

Covid-19 has been the ultimate stress test for all businesses, including startups and venture capital (VC) firms. While the pandemic has...

ABV Venture Capital

Regional

New VC fund to invest $60 million in 120 Mena startups

The former managing partners of 500 Startups Mena (500 Falcons) Sharif El-Badawi and Hasan Haider have launched a new venture capital...

Venture Capital Plus Venture Capital

Regional

HOF Capital's take on investment post pandemic

HOF Capital is a global venture capital (VC) firm founded in 2016 by three Egyptian entrepreneurs, Fady Yacoub, Onsi Sawiris and Hisham...

HOF Capital Venture Capital covid-19

Saudi Arabia

Why every investor should be looking at Saudi Arabia

An exponential entrepreneurial shift is underway in Saudi Arabia, and it is attracting substantial venture capital interest, says Luca...

STV Saudi Arabia Venture Capital

U.A.E

BECO Capital closes second fund

Dubai-based venture capital (VC) firm BECO Capital has closed its second fund at $100 million. The VC will continue investing in early...

Venture Capital venture capital fund BECO Capital

Jordan

Faylasof raises $500,000 pre-Series A

Source: Menabytes Amman-based online bookstore Faylasof has raised $500,000 as Pre-Series A funding from Saudi-based Wise Ventures,...

e-books Venture Capital venture capital fund

U.A.E

Abu Dhabi Investment Office launches Dh535 million fund

The Abu Dhabi Investment Office (ADIO) announced today that it has launched the Dh535 million Ghadan Ventures Fund to support Abu...

fund Venture Capital startups

Regional

How investors can support entrepreneurship in the Middle East and North Africa

The potential for entrepreneurship in the region is high, based on digital consumption and a startling increase in investment funding for...

Investment Venture Capital

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