Saudi Arabia Extend Group, Rassanah Financial launch $26.6 million fund to support Saudi SMEs Saudi Arabia-based companies Extend Group and Rassanah Financial have united to launch a $26.6 million Extend Fund (SAR100 million) to... News • 04 March, 2024 Extend Group Extend Fund Rassanah Financial
Egypt Fawry Dahab partners with PayMe to facilitate Egyptian expats transactions Egypt-based fintech Fawry has partnered with UAE-based fintech PayMe to enhance its remittance services for Egyptian expatriates in the... News • 04 March, 2024 fawry PayMe
U.A.E UAE's CAI Concierge AI raises undisclosed investment round UAE-based AI startup CAI Concierge AI has raised an undisclosed investment, led by Enlightened Minds and VC SILA. Founded in... News • 29 February, 2024 CAI Concierge AI Artificial intelligence
Egypt Egypt’s Khazna expands into Saudi Arabia Egypt-based fintech Khazna has expanded its services into Saudi Arabia in partnership with Khwarizmi Ventures. Launched in 2020 by... News • 29 February, 2024 Khazna Khwarizmi Ventures
U.A.E COTU Ventures launches $54 million fund to back early-stage startups UAE-based early-stage VC firm COTU Ventures launched a $54 million inaugural fund, which aims to support startups in the Middle East... News • 28 February, 2024 COTU Ventures
Egypt Egyptian fintech MoneyHash closes $4.5 million Seed round US-based Egyptian fintech MoneyHash has raised a $4.5 million Seed funding round, co-led by COTU Ventures and Sukna Ventures, with... News • 27 February, 2024 MoneyHash
Bahrain Glamera secures $350,000 investment through Beban TV show During participation in the Beban TV show, Saudi Arabia-based SaaS platform Glamera raised a $350,000 investment from Hope Ventures, the... News • 27 February, 2024 Glamera Beban Hope Ventures
Egypt Acasia Ventures invests in Kenya’s tappi Egypt-based venture capital firm (VC) Acasia Ventures has joined a $1.5 million pre-Seed funding round for Kenyan e-commerce enabler... News • 27 February, 2024 tappi Acasia Ventures
Saudi Arabia CoreVision acquires VeFund to boost startup ecosystem Saudi Arabia-based investment firm CoreVision has acquired a strategic stake in the Mena-focused investment management... News • 27 February, 2024 CoreVision VeFund
U.A.E Social app Hayi raises undisclosed Seed round UAE-based social networking app Hayi has secured an undisclosed amount in a Seed round from Plus VC, with participation from other... News • 27 February, 2024 Hayi
Egypt UAE to invest $35 billion in Egypt’s Ras El-Hekma Abu Dhabi’s investment and holding company, ADQ, has inked a deal with the Egyptian government to invest $35 billion in the... News • 24 February, 2024 Ras El-Hekma ADQ North Coast
Saudi Arabia Nybl, Basserah merge to expand their regional reach Saudi data automation firm Basserah and UAE-based AI startup nybl have united to increase their presence in the region. Founded in... News • 21 February, 2024 nybl Basserah
Egypt Sawari Ventures to launch $150 million fund to back Egyptian startups Egypt-based venture capital (VC) firm Sawari Ventures intends to launch a $150 million fund to back Egyptian startups. According to... News • 20 February, 2024 Sawari Ventures
U.A.E Edtech Thiqa Tutoring raises $300,000 during Beban TV show UAE-based edtech Thiqa Tutoring has raised a $300,000 investment from Hope Ventures, the investment arm of Bahrain’s Hope Fund,... News • 20 February, 2024 Thiqa Tutoring Beban Hope Ventures
U.A.E DFDF joins Partech Africa II's $300 million second close The UAE's Dubai Future District Fund (DFDF) has participated in the second close of pan-African fund Partech Africa II at $300... News • 19 February, 2024 Partech Africa II Fund Partech africa
Saudi Arabia PhysioHome wraps up undisclosed Seed round Saudi Arabia-based healthtech PhysioHome has wrapped up a Seed round for an undisclosed value, backed by unnamed angel... News • 19 February, 2024 PhysioHome healthtech
