U.A.E The Cloud raises $12 million Series B, acquiring UK's KBOX UAE-based cloud kitchen The Cloud has raised $12 million in funding from MENA Moonshots as part of the $30 million Series B it is trying... News • 19 February, 2024 The Cloud foodtech cloud kitchen
U.A.E GameCentric secures $1.5 million in funding UAE-based gaming platform GameCentric has raised $1.5 million in capital from angel investor, Bilal Merchant. Founded in 2023 by... News • 19 February, 2024 GameCentric Gaming Web 3.0
Saudi Arabia PIESHIP raises undisclosed pre-Seed round Saudi Arabia-based logistics startup PIESHIP has closed an undisclosed pre-Seed investment round by SEEDRA Ventures, Nama Ventures, and... News • 19 February, 2024 PIESHIP Nama Ventures Seedra Ventures
U.A.E Exverse lands $3 million investment UAE-based Web3 gaming platform Exverse, has raised a private funding round of $3 million, led by Cogitent Ventures, Cointelligence, and... News • 16 February, 2024 Exverse Gaming Web3
U.A.E HUB71 partner with Stride Ventures to support entrepreneurs in Abu Dhabi Abu Dhabi's tech ecosystem, Hub71, has partnered with Stride Ventures to back startups in Abu Dhabi. Through this partnership,... News • 15 February, 2024 Hub71 Stride Ventures
U.A.E UAE launches $300 million Falcon Foundation to develop open-source AI UAE-based Technology Innovation Institute (TII), the applied research pillar of Abu Dhabi’s Advanced Technology Research Council... News • 14 February, 2024 Falcon Foundation Technology Innovation Institute Advanced Technology Research Council
Bahrain Right Calories, Motolines raise $347,000 investment during Beban TV show During the Beban TV show, two startups based in Bahrain, Right Calories and Motolines, secured a total investment of $347,000 from Hope... News • 14 February, 2024 Right Calories Motolines Hope Ventures
Jordan Sowt acquires Rising Giants Network Jordan-based Arabic audio content network Sowt Media has acquired the UAE-based podcast producer Rising Giants Network (RGN), for... News • 13 February, 2024 Sowt Rising Giants Network
Morocco Logistics startup Logidoo secures $1.55 million investment Pan-Africa logistics startup Logidoo has raised $1.55 million in investment, led by Maroc Numeric Fund II (Morocco), 216 Capital... News • 13 February, 2024 Logidoo Logistics Maroc Numeric Fund II
U.A.E UAE fintech Kema raises $2 million pre-Seed UAE-based fintech Kema has raised a $2 million pre-Seed round, led by Speedinvest with participation from the Dubai Future District Fund... News • 13 February, 2024 Kema Fintech
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... News • 12 February, 2024 Globivest Venture Capital
Jordan ISSF pledges $5 million for MSA Novo's Mena fund Jordan-based Innovative Startups and SMEs Fund (ISSF) has invested $5 million in the Mena-focused fund, MSA Novo. Founded in... News • 12 February, 2024 MSA Novo ISSF
Iraq Iraqi fintech Wayl raises $150,000 pre-Seed round Iraq-based fintech Wayl, has secured $150,000 in pre-Seed funding from EQIQ Ventures. Founded in 2021 by Ali Ismail, Wayl serves as a... News • 09 February, 2024 Wayl Fintech EQIQ Ventures
U.A.E Dubbing platform CAMB.AI raises $4 million seed UAE-based AI dubbing startup CAMB.AI has raised $4 million in a Seed funding round led by Courtside Ventures, along with TRTL Ventures,... News • 07 February, 2024 CAMB.AI AI Dubbing
Saudi Arabia Saudi proptech Rize raises $2.9 million Seed round Saudi Arabia-based proptech Rize, has raised a $2.9 million Seed round from Seedra Ventures, Hala Ventures, JOA Capital, RZM... News • 07 February, 2024 Rize Proptech Seedra Ventures
Kuwait Kuwait’s Bookr raises Bridge round from Plus VC Kuwait-based SaaS-enabled marketplace for beauty services, Bookr, has raised a bridge round at an undisclosed amount from Plus... News • 06 February, 2024 Bookr Beauty marketplace
