ORO raises pre-Seed investment from Nama Ventures

Riyadh-based B2B auto repair maintenance startup ORO has raised an undisclosed pre-Seed funding round from ​Nama Ventures​. Founded by ...

News • 27 February, 2022

Nama Ventures

Kaso raises investment from Y Combinator

UAE-based B2B e-commerce platform Kaso (formerly Elkaso), has raised investment from Y Combinator. The startup has also appointed...

News • 24 February, 2022

KASO

Egypt launches $50 million VC programme to support tech startups

Egypt has launched a $50 million venture capital programme to finance new and existing investment funds, in collaboration with the World...

News • 24 February, 2022

MSMEDA world bank

Mashreq bank invests in NymCard

UAE-based fintech NymCard has raised investment from Mashreq bank. The amount raised was not disclosed. Founded in 2018 by Omar Onsi,...

News • 24 February, 2022

NymCard Mashreq

UAE’s EMPG invests in Pakistani Daftarkhwan

UAE-based Emerging Markets Property Group (EMPG) has invested Seed capital in Pakistan’s Daftarkhwan. The amount invested was not...

News • 23 February, 2022

EMPG Daftarkhwan

OneOrder launches after raising $1 million Seed

OneOrder, an Egypt-based marketplace that connects resturants to suppliers, has launched after raising $1 million in a round led by...

News • 23 February, 2022

OneOrder

UAE-based angel investors invest in IMAN's $1 million Seed round

A group of UAE-based angel investors has participated in Uzbek-based fintech startup IMAN's $1 million Seed round. The round...

News • 23 February, 2022

IMAN

HRtech startup SAmAS Gamify raises $150,000

Egypt-based HRtech tech startup SAmAs Gamify has raised $150,000 in a pre-Seed round, led by US-based SoftEQ Venture...

News • 21 February, 2022

Udrive raises $5million

UAE-based car-sharing app Udrive has raised $5 million from Cultiv8 and Oman Holding International. Founded in 2016 by Nicholas Watson...

News • 21 February, 2022

Cultiv8 udrive Oman Holding International

Insurtech startup Avidea raises $696,000

Tunisia-based digital insurance startup Avidea, has raised 2 million dinars ($696k) in Pre-Series A funding round led by Capsa Capital...

News • 21 February, 2022

Avidea

WafR raises $372,000

Morocco-based WafR, a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops has raised...

News • 21 February, 2022

WafR

UAE-based travel marketplace Wego acquires Cleartrip

UAE-based online travel marketplace Wego is set to acquire Cleartrip’s Middle East business in the second half of 2022 for an...

News • 21 February, 2022

Cleartrip Wego Travel

Saudi fintech EdfaPay raises $1.6 million pre-Seed round

Saudi Arabia-based fintech EdfaPay has raised $1.6 million in a pre-Seed investment round, led by Nuwa capital, InspireUs VC, Wallan...

News • 20 February, 2022

EdfaPay Nuwa capital Fintech

Dammam Valley launches BioTech Startups Programme

Dammam Valley has launched the BioTech Startups Programme, in partnership with Imam Abdul  Rahman bin Faisal University, Saudi...

News • 20 February, 2022

Dammam Valley BioTech Startups Programme

Freterium raises $4 million Seed

Morroco-based digital trucking software startup Freterium, has raised $4 million in a Seed round led Partech, with participation...

News • 17 February, 2022

Logistics

Jordan’s Kader raises $400,000 Seed round

Jordan-based online gig platform Kader has raised $400,000 in a Seed funding round, led by The Innovative Startups and SMEs Fund (ISSF)...

News • 17 February, 2022

Kader ISSF