Morocco Morocco’s CloudFret closes $2.1 million round Morocco-based logistics startup CloudFret has secured a $2.1 million funding round from AfriMobility and Azur Innovation... News • 12 November, 2023 Cloudfret AfriMobility Azur Innovation Fund
Saudi Arabia COGNNA closes $2.25 million Seed round led by IMPACT46 Saudi Arabia-based cybersecurity startup COGNNA has closed a $2.25 million Seed round, led by IMPACT46, with participation from Vision... News • 12 November, 2023 COGNNA Impact46 cybersecurity
Saudi Arabia Saudi proptech Ajras raises $28 million led by Madarek International Saudi Arabia-based proptech Ajras has raised a $28 million (SAR 105 million) Seed round led by Madarek International in a mix of debt and... News • 08 November, 2023 Ajras أجراس السعودية
Saudi Arabia Riyadh Valley Company invests in Flat6labs’ Startup Seed Fund Saudi Arabia’s Riyadh Valley Company (RVC), the investment arm of King Saud University, has invested an unknown amount in... News • 06 November, 2023 Riyadh Valley Company King Saud University Flat6Labs
U.A.E DIEZ launches $136 million venture capital fund for startups Dubai Integrated Economic Zones Authority (DIEZ) has launched a VC fund worth Dh500 million ($136 million)... News • 03 November, 2023 Venture Capital DIEZ
Saudi Arabia Egyptian e-commerce SaaS startup Awfar raises funding from VMS Egypt-based SaaS e-commerce startup Awfar has secured a six-figure sum from Saudi Arabia-based venture studio Value Maker Studio (VMS)... News • 02 November, 2023 VMS Awfar
Saudi Arabia Egypt’s OBM Education raises funding from VMS to accelerate Saudi Expansion Egypt-based edtech startup OBM Education has raised a seven-figure sum from Saudi Arabia-based venture studio Value Maker Studio... News • 02 November, 2023 VMS OBM Education
Saudi Arabia Edtech Noon closes $41 million Series B Saudi Arabia-based edtech Noon has raised a $41 million Series B funding round, co-led by Wa’ed Ventures and Raed Ventures with... News • 02 November, 2023 Noon EdTech Ra'ed Ventures
U.A.E SpiderSilk raises $9 million led by Wa’ed Ventures UAE-based cybersecurity startup SpiderSilk has raised a $9 million funding round led by Wa’ed Ventures, with participation from... News • 02 November, 2023 spiderSilk Cypersecurity Wa’ed Ventures
U.A.E UAE fintech NOW Money closes new funding round to expand product offering UAE-based fintech NOW Money has secured an undisclosed financing round led by Dubai-based entrepreneurs Mark Nutter and Nicolas... News • 01 November, 2023 now money
Morocco ORA Technologies secures $1 million pre-Seed funding Morocco-based super app ORA Technologies has closed a $1 million pre-Seed funding from local private investors. Founded in 2023 by... News • 01 November, 2023 Ora E-commerce super app
Saudi Arabia Tabby closes $200 million Series D at $1.5 billion valuation Saudi Arabia-based fintech Tabby has raised $200 million in Series D equity financing at a valuation of $1.5 billion, prior to a planned... News • 01 November, 2023 Tabby BNPL Fintech
Global Aramco Ventures leads $10 million Series A round for REDEX Aramco Ventures, the corporate venturing subsidiary of Saudi energy and petrochemical enterprise Aramco, has led a $10 million Series A... News • 01 November, 2023 Aramco
Egypt Egyptian healthtech Almouneer raises $3.6 million Seed round Egypt-based healthtech Almouneer has raised a $3.6 million Seed round, led by Global Ventures, Proparco and Digital Africa through... News • 31 October, 2023 Almouneer Global Ventures healthtech
U.A.E 23 startups join Hub71’s Company Building programme Abu Dhabi’s Hub71 has selected 23 startups to join its 13th cohort of the Company Building programme, each receiving up to... Nesma Abdel Azim • 30 October, 2023 Hub71 Company Building programme
Tunisia Tunisian fintech My Easy Transfer raises $423,000 investment Tunisia-based fintech My Easy Transfer has raised a $423,000 investment from 216 Capital. Founded in 2022 by Ismaïl Khenissi and... News • 29 October, 2023 My Easy Transefer 216 Capital Fintech
