Egypt Egypt’s Convertedin raises $3 million Seed round Egypt-based marketing platform Convertedin, has raised a $3 million Seed round, led by Saudi Arabia-headquartered Merak Capital, with... News • 10 August, 2022 Convertedin Merak Capital
Regional Mena to witness more than 45 unicorns by 2030, STV report Mena is set to witness the birth of more than 45 unicorns in the next eight years, with an estimated total equity value to reach more... News • 09 August, 2022 STV Fintech Unicorn
U.A.E COTU Ventures raises capital from Dubai Future District Fund COTU Ventures, a venture capital firm offering capital for early stage startups, has raised investment from Dubai Future District Fund... Dunya Hassanein • 08 August, 2022 COTU Ventures
Egypt OneOrder receives $6.5 million from Contact Factoring Egypt-based OneOrder, a B2B e-commerce startup catering to the restaurant and hospitality sector, has signed an investment agreement... News • 08 August, 2022 OneOrder
Saudi Arabia KABI acquires HR tech startup BLOOVO Saudi Arabia-based human resources (HR) consultancy firm KABI Technologies, has acquired AI-powered recruitment solutions provider... News • 08 August, 2022 HR tech
Bahrain Bahrain’s Faceki raises undisclosed Seed round from Tenmou Bahrain-based AI startup Faceki, has raised an undisclosed Seed round from Bahraini business angel network Tenmou. Founded in... News • 07 August, 2022 Tenmou Faceki AI
U.A.E Procurified raises $1.1 million Seed funding UAE-based construction bid management platform Procurified has raised a $ 1.1 million Seed Round, led by UAE-based Aditum Investment... News • 04 August, 2022 Procurified Aditum Investment Management
Saudi Arabia Barakah raises $300,000 pre-Seed round Saudi Arabia-based food delivery startup Barakah has secured $300,000 in a pre-Seed round from Alriyadah Investments. Founded in 2021... News • 03 August, 2022 Barakah Alriyadah Investments Food & Beverage
U.A.E BNPL Tabby secures $150 million credit facility UAE-based fintech Tabby, has secured $150 million in debt financing from Atalaya Capital Management and existing investor Partners for... News • 03 August, 2022 Tabby BNPL Fintech
Egypt SWVL suspends $100 million acquisition of UK’s Zeelo Dubai-headquartered transport and mobility solutions provider SWVL, has canceled the proposed acquisition of Zeelo, a... Dunya Hassanein • 01 August, 2022 Swvl
Egypt Homzmart raises $23 million pre-Series B round Egypt-based furniture and home supplies marketplace Homzmart, has raised a $23 million pre-Series B round from STV, Impact46, Outliers... News • 01 August, 2022 Homzmart
Kuwait Kuwait’s Teeela raises $3.75 million pre-Series A Kuwait-based gifting platform Teeela, has raised $3.75 million in a pre-Series A funding round, led by Saudi Arabian investment firm... News • 01 August, 2022 Teeela Wealth Well gift marketplace
Egypt Openner launches Web3-focused Qurious Labs Egypt-based VC firm Openner has launched Qurious Labs, a Web3-focused venture studio, to help develop markets and aid them to access the... News • 31 July, 2022 Openner Qurious Labs Web 3.0
U.A.E Enhance Ventures launches $30 million Builders Fund UAE and Saudi Arabia-based venture studio Enhance Ventures, has launched a $30 million Builders Fund, which will invest in the... News • 28 July, 2022 Enhance Ventures Builders Fund MENAPT
U.A.E Artifi raises $3.26 million in investment UAE-based blockchain NFT ecosystem Artfi, has received funds worth $3.26 million at a valuation of $100 million from Sheikha Hend Al... News • 28 July, 2022 NFT Artifi Blockchain
U.A.E ChatFood raises $3 million bridge round led by Antler UAE-based foodtech ChatFood, has announced a bridge round of $3 million led by Antler with a reserved amount for key strategic Saudi... News • 27 July, 2022 ChatFood Antler foodtech
