Wamda

Regional

Swvl eyes IPO via SPAC

UAE-based mass transportation company Swvl, initially founded in Egypt, is reportedly planning to go public via a merger with a special...

Swvl SPAC

Egypt

GamesBandy receives $40,000 grant from Taqadam

Egypt-based gaming marketplace GamesBandy has received a $40,000 grant from Taqadam, a Mena startup accelerator, four months after...

Gamesbandy Taqadam

U.A.E

ADIO invests in three tech startups as part of its $545 million Innovation Programme

Abu Dhabi Investment Office (ADIO) announced today that it has invested in three tech companies as part of its Dh2 billion ($545...

ADIO Lyve Rizek

U.A.E

Huda Beauty Angels invests in female wellness startup Ketish

Dubai-based Huda Beauty Investment (HBI)-backed Huda Beauty Angels has invested in female wellness startup Ketish, Huda Kattan, CEO of...

HB investments female wellness femtech

U.A.E

Workfam receives co-investment from GELLIFY, Azimut

UAE-based employee SaaS platform Workfam has received an undisclosed investment from GELLIFY with participation from Azimut through the...

Workfam GELLIFY Azimut

Saudi Arabia

WeDeliver raises $2.4 million pre-Seed round

Saudi Arabia-based B2B logistics and last-mile delivery services provider WeDeliver has raised a $2.4 million pre-Seed round from Saudi...

b2b Logistics WeDeliver

U.A.E

Udrive raises $5 million

Dubai-based pay-per-minute car rental app Udrive has raised a $5 million funding round from a group of undisclosed investors. Over the...

udrive car rental

Egypt

GoodsMart raises $3.6 million from Sawari Ventures

Cairo-based grocery shopping app GoodsMart has raised a $3.6 million funding round, led by Sawari Ventures. GoodsMart will be using...

goodsmart Grocery App Sawari Ventures

Pakistan

Zayani VC, Tricap invest in Pakistan-based Dastgyr’s $3.5 million Seed round

Bahrain-based Zayani Venture Capital and Dubai’s Tricap investments have participated in Pakistan-based B2B e-commerce startup...

Zayani VC Tricap b2b

Egypt

Egypt’s Taager closes $6.4 million Seed round

Egypt-based social e-commerce platform Taager has raised $6.4 million in a Seed round led by 4DX Ventures, with participation from Raed...

Taager E-commerce

Qatar

Spendwisor raises $1 million and secures $50 million capital commitment from Global Emerging Markets

Qatar-based fintech startup Spendwisor has raised $1 million in a pre-Seed round led by Erhama Nasser Al-Kaabi and...

Spendwisor Fintech

Morocco

Morocco's LNKO secures $335,000 investment

Morocco-based e-commerce startup LNKO has raised a $335,000 investment from CDG Invest. Founded in 2020 by Maha Bennani, LNKO provides...

LNKO Eyewear E-commerce

U.A.E

Abu Dhabi reduces company setup fees by 90 per cent

Abu Dhabi is slashing business setup and licence renewal fees for the private sector by almost 90 per cent. The reduced fees will...

abu dhabi ADDED

U.A.E

Clara raises investment from DIFC, opens office in Dubai

UK-based legaltech startup Clara will open an office in Dubai after raising investment from the DIFC’s Fintech Fund. The...

Clara Legaltech

U.A.E

Liquidity Capital, Yas Investment launch $100 million venture debt fund in UAE

US-based Liquidity Capital has partnered with Dubai-based Yas Investments to launch a $100 million venture debt fund in Abu Dhabi...

Liquidity Capital Yas Investment venture debt fund

Egypt

Nawy raises Seed round from Sawiris Family Office

Cairo-based proptech startup Nawy has raised a seven-figure Seed round led by the Sawiris family office, with participation from Hatem...

Proptech Nawy

Industry Announcements

Swvl eyes IPO via SPAC

GamesBandy receives $40,000 grant from Taqadam

ADIO invests in three tech startups as part of its $545 million Innovation Programme

Huda Beauty Angels invests in female wellness startup Ketish

Workfam receives co-investment from GELLIFY, Azimut

WeDeliver raises $2.4 million pre-Seed round

Udrive raises $5 million

GoodsMart raises $3.6 million from Sawari Ventures

Zayani VC, Tricap invest in Pakistan-based Dastgyr’s $3.5 million Seed round

Egypt’s Taager closes $6.4 million Seed round

Spendwisor raises $1 million and secures $50 million capital commitment from Global Emerging Markets

Morocco's LNKO secures $335,000 investment

Abu Dhabi reduces company setup fees by 90 per cent

Clara raises investment from DIFC, opens office in Dubai

Liquidity Capital, Yas Investment launch $100 million venture debt fund in UAE

Nawy raises Seed round from Sawiris Family Office

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