Saudi Arabia Rewaa closes $27 million Series A round led by Wa'ed Saudi Arabia-based full-stack inventory management platform Rewaa has raised $27 million (SAR100 million) in a Series A funding round,... News • 29 August, 2023 waaed STC Ventures Rewaa
Tunisia Tunisian contech SeekMake raises $539,000 to accelerate global expansion Tunisia-based contech startup SeekMake has raised $539,000 round led by European private equity firm, Lafayette Group, with support from... News • 28 August, 2023 SeekMake
Morocco Moroco’s SLE3TI raises funding from Cash Plus VC Fund Morocco-based SLE3TI has raised fresh funding from the Cash Plus VC Fund, the corporate venture capital arm of financial technology... News • 28 August, 2023 Sl3ti
U.A.E Maly secures $1.6 million pre-Seed to speed up GCC expansion plans UAE-based fintech MALY has raised $1.6 million in pre-Seed funding from a group of regional angel investors. Established in 2022 by Mo... News • 28 August, 2023 Maly Fintech
U.A.E e& capital invests in AI startup Ikigai Labs UAE-based VC firm e& capital, the VC arm of communication company e&, has participated in the $25 million Series A of the... News • 28 August, 2023 e& capital Ikigai Labs
U.A.E BitOasis secures new investment from CoinDCX and Wamda Capital UAE-based cryptocurrency exchange platform BitOasis has raised new investment from CoinDCX, India’s highest valued crypto... News • 25 August, 2023 Bit Oasis Cryptocurrencies crypto
Egypt Endeavor Egypt launches XceleRise to back local entrepreneurs Endeavor Egypt has launched XceleRise, a scale-up programme to aid access to capital and market expansion for all startups that promote... News • 24 August, 2023 Endeavor Egypt XceleRise
Palestine Google launches new initiative to support Palestinian tech entrepreneurs US tech giant Google has launched the Palestine Launchpad programme, a Palestine-focused capacity-building programme to help Palestinian... News • 23 August, 2023 Google Palestine Launchpad program
U.A.E e& capital invests $5 million in Maxbyte’s Series A round UAE-based robotics solutions provider Maxbyte has raised a $5 million Series A from e& capital. Founded in 2016 by... News • 22 August, 2023 e& capital Maxbyte robotics
Saudi Arabia Saudi traveltech startup Flyakeed raises $15.2 million Series A round Saudi Arabia-based traveltech startup FlyAkeed has raised $15.2 million (SAR 57 million) in a Series A round led by PIF’s Sanabil... News • 22 August, 2023 FlyAkeed PIF Sanabil Investments
Egypt Fawry announces plans to launch digital bank Fawry, an Egypt-based e-payment solutions provider, unveiled plans to turn its e-portal, MyFawry, into a digital bank later this... News • 21 August, 2023 fawry
Saudi Arabia Saudi Arabia launches $200 million fund to back local, foreign high-tech startups Saudi Arabia’s Crown Prince Mohammed bin Salman has launched a $200 million (SAR750 million) fund for early-stage investment in... News • 21 August, 2023 KAUST Innovation
Regional Anghami receives additional $5 million investment from SRMG Ventures Lebanon-founded and UAE-based music streaming platform Anghami has raised a $5 million investment from Saudi VC firm SRMG... News • 21 August, 2023 anghami SRMG VENTURES
Regional Singapore’s Antler launches $60 million Menap Fund Singapore-based VC firm Antler has launched a $60 million Middle East North Africa and Pakistan (Menap)-focused fund to invest in the... News • 16 August, 2023 Antler MENAP VC fund
Jordan ISSF invests $1.5 million in Sadu Capital to invest in Jordanian startups Jordan’s Innovative Startups and SMEs Fund (ISSF) has committed $1.5 million to Saudi Arabia-based Sadu Capital’s... News • 16 August, 2023 Sadu Capital ISSF
Saudi Arabia iot squared acquires Machinestalk to solidify position in Saudi market Saudi Arabia-based internet of things (IoT) solutions provider “iot squared”, has fully acquired the Saudi IoT company... News • 16 August, 2023 iot squared Machinestalk STC
