Saudi Arabia Khwarizmi Ventures closes $70 million fund to invest in MENAP startups Saudi Arabia-based Khwarizmi Ventures has completed the second closing of its current fund with a value of $70 million to fuel... News • 03 February, 2022 Khwarizmi Ventures MENAP
Saudi Arabia Saudi dark store Nana raises $50 million Saudi Arabia-based dark store Nana has raised $50 million in a round led by FIM Partners and STV, bringing the total funding to $80... News • 02 February, 2022 Saudi Arabia Nana
U.A.E Datacultr raises $1 million Seed UAE-based fintech has raised a $1 million Seed funding round, led by London-based Sturgeon Capital, along with Seedstars... News • 02 February, 2022 Fintech
Egypt Nawah Scientific raises funding from CASF Egypt-based life science startup Nawah Scientific has raised an undisclosed sum from the Cairo Angels Syndicate Fund... News • 02 February, 2022 Nawah Scientific
Saudi Arabia Saudi Aramco launches $1 billion Prosperity7 Ventures fund Saudi Arabia’s Aramco has launched Prosperity7 Ventures, a $1 billion global VC fund, with a long-term view to supporting the... News • 02 February, 2022 Aramco Prosperity7 Ventures VC fund
Saudi Arabia Deal App raises $2.4 million pre-Series A round Saudi Arabia-based proptech Deal, has raised $2.2 million in pre-Series A funding led by Alsoliman Real Estate, Wallan Group, Salem... News • 02 February, 2022 Proptech Deal app
U.A.E Letswork acquires Portugal-based Krow UAE-based shared spaces marketplace Letswork has acquired Portugal-based Krow, marking the startup's first expansion outside its... News • 01 February, 2022 Letswork
Egypt Egypt’s Yalla Fel Sekka raises $7 million Series A Egypt-based logistics and quick commerce startup Yalla Fel Sekka has raised a $7 million Series A round, led by ADQ’s venture... News • 01 February, 2022 Yalla Fel Sekka Logistics E-commerce
Saudi Arabia Female-focused edtech Playbook raises $700,000 KSA-based edtech Playbook has raised a $700,000 pre-Seed round, led by 500 Global, Sanabil Investments, Faith Capital, Women Spark... News • 01 February, 2022 Saudi Arabia Playbook EdTech
Saudi Arabia Retailo raises $36 million in Series A Saudi Arabia-based B2B marketplace Retailo has raised a $36 million mixed equity and debt Series A round. The equity funding... News • 01 February, 2022 Retailo
U.A.E UAE-based Takalam raises $1 million pre-Seed round UAE-based healthtech Takalam has raised $1 million in a pre-Seed round, led by Emirates Angels members, along with Nowaisi Investments,... News • 31 January, 2022 Takalam healthtech mental health
U.A.E Alpha Wave Global invests in Moglix's $250 million Series F funding India-based logistics startup Moglix has raised $250 million in Series F funding round, at a valuation of $2.6 billion, led by Tiger... News • 31 January, 2022 Moglix Logistics E-commerce
U.A.E Qlub raises $17 million Seed round UAE-headquartered fintech Qlub has raised a $17 million Seed round, co-led by Cherry Ventures and Point Nine, with participation... News • 31 January, 2022 Fintech
Kuwait COFE App acquires UAE's Sippy Beans Kuwait-based online coffee marketplace COFE App has announced the acquisition of UAE-based Sippy Beans, as part of the company's... News • 31 January, 2022 COFE
Egypt Brimore raises $25 million in Series A Egypt-based social commerce platform Brimore has raised a $25 million Series A round, led by the International Finance Corporation (IFC)... News • 31 January, 2022 Brimore
Saudi Arabia Saudi agritech Red Sea Farms expands into US Saudi Arabia-based agritech Red Sea Farms is expanding to the US, following an investment from US investors AppHarvest and Bonaventure... News • 31 January, 2022 agritech Red Sea Farms
