Saudi Arabia Pure Harvest acquires Red Sea’s production facility in Saudi Arabia UAE-based agritech Pure Harvest Smart Farms has announced the acquisition of Red Sea’s controlled-environment agriculture (CEA)... News • 11 December, 2023 Red Sea Farms Pure Harvest Smart Farms
U.A.E EasyLease acquires 60 per cent stake in UAE’s EV manufacturer Fully Charged EasyLease, a mobility solutions provider and a subsidiary of Abu Dhabi-based International Holding Company, has acquired a 60 per cent... News • 11 December, 2023 FullyCharged EasyLease
Egypt Egypt’s fintech Banknbox raises funding from Disruptech Fund Egypt-based fintech startup Banknbox has raised funding from Disruptech Fund. Founded this year by Basem Mahmoud, Banknbox offers a... News • 11 December, 2023 Disruptech
U.A.E Investcorp launches $750 million climate technology investment platform Bahrain-based Investcorp, a global alternative investment management firm, has launched a $750 million climate solutions investment... News • 11 December, 2023 Investcorp COP28
U.A.E DFDF allocates Dh200 million to invest in climate technologies The Dubai Future District Fund (DFDF) has allocated up to 20 per cent, corresponding to Dh200 million of its Dh1 billion fund to... News • 10 December, 2023 COP28 Dubai Future District Fund
U.A.E PepsiCo, SABIC, AstroLabs launch Mega Green Accelerator to support cleantech startups PepsiCo, SABIC, AstroLabs, and their strategic partners have announced the launch of the Mega Green Accelerator to invest in startups... News • 10 December, 2023 Astrolabs Pepsico
Saudi Arabia Blink closes $2.1 million Seed round to enhance presence in Saudi Arabia Saudi Arabia-based SaaS startup Blink has closed a $2.1 million Seed funding round with participation from 500 Global and Global... News • 08 December, 2023 Blink SAAS Saad Hariri
Saudi Arabia Omniful raises $5.85 million Seed for Mena expansion Saudi Arabia and UAE-based supply chain and e-commerce enablement startup Omniful has raised a $5.85 million Seed round, led by... News • 05 December, 2023 Omniful E-commerce VentureSouq
U.A.E Hub71 launches climate tech-focused programme for startups worldwide Hub71, an Abu Dhabi-based global tech ecosystem, has announced the launch of Hub71+ ClimateTech to support startups worldwide working on... News • 05 December, 2023 Hub71
Egypt Mtor raises $2.8 million pre-Seed round led by Algebra Ventures Egypt-based online car parts marketplace Mtor has raised a $2.8 million pre-Seed round, led by Algebra Ventures, with participation from... News • 05 December, 2023 Mtor Algebra Ventures automotive
Egypt Three Egyptian startups win $10,000 grants from She’s Next competition Three Egyptian startups have each been awarded $10,000 after ranking in the top positions in the second edition of She’s Next... News • 30 November, 2023 She is Next
U.A.E UAE’s Immensa raises $20 million Series B round UAE-based additive manufacturing startup Immensa, has raised a $20 million Series B funding round, led by Global Ventures, along with... News • 29 November, 2023 immensa Global Ventures series B
U.A.E The Surpluss wins Dh250,000 in Mastercard, Aramex ScaleUp 2023 competition B2B cleantech startup, The Surpluss, has been awarded Dh250,000 after being named the winner in the Mastercard and Aramex ScaleUp 2023... News • 29 November, 2023 The Surpluss
U.A.E Fintech Yabi closes $8 million round UAE-based fintech Yabi By Souqalmal, has raised an $8 million round, to invest in product development and accelerate regional... News • 29 November, 2023 Yabi
Saudi Arabia B2B marketplace Retailo raises $15 million to accelerate expansion Retalio, a Saudi Arabia-based B2B e-commerce company, has raised $15 million from a group of new investors, including Yusuf Bin Kanoo... News • 29 November, 2023 Retailo
Oman Omani foodtech KitchenomiKs raises $1.8 million pre-Series A Oman-based foodtech KitchenomiKs, has raised $1.8 million in a pre-Series A funding round from Omani and regional investors,... News • 29 November, 2023 KitchenomiKs cloud kitchen foodtech
