Regional Verod-Kepple Africa Ventures closes $60 million pan-African fund Nigeria-based VC firm Verod-Kepple Africa Ventures (VKAV) has concluded a final close of $60 million for its pan-African VC fund, led by... News • 17 April, 2024 Verod-Kepple Africa Ventures VKAV
U.A.E Web3 provider U-topia secures $850,000 investment from GDA Capital UAE-based Web3 services provider U-topia has raised $850,000 in funding from GDA Capital. Founded in 2021 by Jérémy... News • 16 April, 2024 U-topia GDA Capital Web 3.0
U.A.E Microsoft invests $1.5 billion in UAE's G42 for minority stake US-based tech giant Microsoft has partnered with UAE’s AI company G42 to deliver advanced AI solutions with Microsoft Azure across... News • 16 April, 2024 G42 microsoft
U.A.E UAE’s Fortis closes $20 million Series A to bolster Mena expansion UAE-based fintech Fortis has closed a Series A funding round at $20 million from Opportunity Venture. Founded in 2023 by Alberto... News • 16 April, 2024 Fortis Opportunity Venture Fintech
Saudi Arabia Penny Software raises undisclosed pre-Series A round Saudi Arabia-based SaaS provider Penny Software has raised a pre-Series A funding round for an undisclosed value, from Iliad Partners,... News • 15 April, 2024 Penny Software Iliad Partners
Bahrain Hambro Perks Spring Studios invests in Bahrain’s Daleel Bahrain-based financial marketplace Daleel has secured an undisclosed investment round from Hambro Perks Spring Studios. Founded in... News • 03 April, 2024 Daleel Hambro Perks Spring Studios
Kuwait OSN+ completes acquisition of majority stake in Anghami UAE-based online streaming platform OSN+ and Lebanon-founded music streaming app Anghami Inc. have officially merged into one media... News • 02 April, 2024 anghami OSN+
Oman Omani adtech Mubashir secures investment from ITHCA Oman-based adtech Mubashir has raised an undisclosed investment round from ITHCA Group. Founded in 2015 by Ali Al Raisi, Khalid Al... News • 01 April, 2024 adtech Mubashir ITHCA
Lebanon Lebanon's Garbaliser secures $436,000 investment Lebanon-based agritech Garbaliser has secured a $436,000 investment from Shark Tank Dubai for a 12 per cent stake in the... News • 27 March, 2024 Garbaliser agritech
Tunisia ANAVA pledges $4.3 million investment in Africa’s Janngo Capital Startup Fund Tunisia's fund of funds "ANAVA", managed by Smart Capital, has made a $4.3 million investment in Janngo Capital Startup... News • 26 March, 2024 Anava Janngo Capital Startup Fund
Egypt Egypt’s Sprints raises $3 million bridge round Egypt-based edtech Sprints.ai has raised a $3 million bridge round, led by Disruptech Ventures, with investments from EdVentures and... News • 26 March, 2024 Sprints Disruptech Ventures EdTech
Bahrain Ahlan App lands $3 million investment led by Hope Ventures Bahrain-based loyalty programme, Ahlan App has raised a $3 million investment at a valuation of $15 million, led by Hope Ventures, along... News • 25 March, 2024 Ahlan App Hope Ventures
Lebanon MBC Group acquires 14% stake in Anghami Saudi Arabian media conglomerate MBC Group, through its MBC Ventures arm, has purchased 4,074,533 ordinary shares in music streaming... News • 22 March, 2024 anghami MBC
Tunisia Tunisia-born Clusterlab raises $600,000 pre-Seed Tunisia-born and UAE-headquartered AI startup ClusterLab has raised $600,000 in a pre-Seed funding round from regional investors,... News • 20 March, 2024 Clusterlab AI
Regional P1 Ventures closes $35 million for its second fund US-based and pan-African VC fund P1 Ventures has completed the second close of its second fund at $35 million, aiming to reach $50... News • 20 March, 2024 P1 Ventures VC fund ifc
Egypt Egypt’s Pharmacy Marts secures bridge round from Acasia Ventures Egypt-based healthtech Pharmacy Marts has raised a six-figure bridge round, led by Acasia Ventures. Founded in 2021 by Ahmed Kadous,... News • 19 March, 2024 Acasia Ventures Pharmacy Marts healthtech
