Saudi Arabia

Rainmaking Innovation expands to Saudi Arabia 

Rainnmaking Innovation, a corporate innovation facilitator and venture development firm, has launched in Saudi Arabia. Rainmaking...

News • 27 July, 2023

Rainnmaking Innovation

U.A.E

UAE’s Wellx raises $2 million Seed to fund expansion

Wellx, a UAE-based wellness-focused platform with embedded insurance, has raised $2 million in a Seed funding round, led by Dubai Future...

News • 26 July, 2023

Wellx Insurtech DFDF

Saudi Arabia

Insurtech DESAISIV raises $2 million pre-Seed round

Saudi Arabia-based insurtech startup DESAISIV has raised a $2 million pre-Seed round from 500 Global, Terra VC, Oqal, family offices,...

News • 26 July, 2023

DESAISIV

Saudi Arabia

Delivery Hero acquires remaining shares of HungerStation

Germany-based foodtech Delivery Hero has acquired the remaining 37 per cent stake in the Saudi Arabia-based food delivery company...

News • 24 July, 2023

Hero Delivery Hungerstation

U.A.E

Tenderd raises investment from Aramco's Wa'ed

UAE-based construction tech startup Tenderd has raised an undisclosed funding round from Wa’ed Ventures, the VC arm of...

News • 18 July, 2023

Tenderd Wa’ed Ventures Construction

U.A.E

Fashion app Get Outfit raises pre-Seed investment

UAE-based fashion e-commerce startup Get Outfit, has raised an undisclosed pre-Seed round, led by Forward Angel Founded in 2022 by Kim...

News • 18 July, 2023

Get Outfit Fashion E-commerce

Global

Scalo Technologies leads $3.5 million round for gaming startup Hexacore

  Dubai-based Scalo Technologies, has led a $3.5 million round for Hexacore, a Polish web3 mobile game publisher. The round...

News • 18 July, 2023

Scalo Technologies

U.A.E

YallaHub raises $6 million pre-Series A round

UAE-based marketplace aggregator and quick commerce startup YallaHub has raised $6 million in a pre-series A funding round, co-led by...

News • 18 July, 2023

YallaHub E-commerce marketplace

Saudi Arabia

HyperPay acquires Sanad Cash

Saudi Arabia-based fintech HyperPay has acquired compatriot Sanad Cash. The value of the transaction was not disclosed.  Founded...

News • 18 July, 2023

Sanad Cash hyperpay

Tunisia

Tunisia’s Kaco secures new funding round

Tunisia-based mobility startup Kaco has raised an undisclosed amount in a fundraising round from UGFS North Africa. Founded in 2018 by...

News • 18 July, 2023

Kaco UGFS mobility

U.A.E

UAE’s Growdash secures $750,000 pre-Seed funding to support GCC expansion

UAE-based foodtech startup Growdash has raised a $750,000 pre-Seed round led by Flat6Labs, with participation from Plus Venture Capital...

News • 17 July, 2023

Growdash

U.A.E

ONE MOTO secures $40 million investment

UAE-based mobility startup ONE MOTO Technologies has secured $40 million in lease financing, led by Pyse along with other...

News • 17 July, 2023

One Moto

Jordan

ISSF invests $2 million in Oryx Fund to empower Jordanian startups

Jordan's Innovative Startups and SMEs Fund (ISSF), has invested $2 million in Hambro Perks' Oryx Fund to empower the Jordanian...

News • 17 July, 2023

ISSF Oryx Fund

Egypt

Egypt’s Flash raises $6 million Seed round

Egypt-based fintech Flash has completed a $6 million Seed round led by Addition with participation from Flourish Ventures and other...

News • 17 July, 2023

Flash Fintech Addition

U.A.E

Agthia Group launches $54 million CVC fund for foodtech startups

UAE-based food and beverage company Agthia Group PJSC has launched a $54 million VC fund “Agthia Ventures”. The CVC,...

News • 12 July, 2023

Agthia Group Agthia Ventures ADQ

Saudi Arabia

Kaso raises $10.5 million Seed round

Saudi Arabia-based foodtech Kaso, has raised $10.5 million in a Seed funding round, from Dubai-based Spade Ventures, Saudi Arabia's...

News • 12 July, 2023

KASO Spade Ventures Y Combinator