U.A.E MEVP makes partial exit from UK’s Fresha UAE-based VC MEVP has made a partial exit from its investment in the UK-headquartered beauty app Fresha, with a secondary sale in the... News • 14 December, 2021 MEVP Fresha
U.A.E Chimera Capital closes first VC fund at $75 million UAE-based Chimera Capital Ltd has closed its first venture capital fund at $75 million, backed by Mubadala Investment Company alongside... News • 13 December, 2021 Chimera Capital fund
U.A.E Careem enters quick-commerce space with launch of dark store grocery network Careem is expanding its groceries offering by launching Careem Quik in the UAE, a quick-commerce e-grocery service enabled by a... News • 12 December, 2021 Careeem quick commerce e-grocery
Egypt Egypt’s Sympl raises $6 million Seed round Cairo-based fintech Sympl, has raised a $6 million Seed round. The fundraising was led by Beco Capital, along with A15... News • 09 December, 2021 Sympl Fintech
Global Telfaz11 acquires indie film company Last Scene Films Saudi entertainment group Telfaz11 has acquired Riyadh-based independent production house Last Scene Films. Founded by Mohammed... News • 08 December, 2021 Entertainment tech Telfaz11
Egypt Minly acquires UAE’s shoutout platform Oulo Egypt-based celebrity shoutout platform Minly has acquired its UAE rival Oulo for an undisclosed amount. Minly’s decision to... News • 08 December, 2021 Minly oulo
Egypt Cairo Angels Syndicate Fund announces first close Egypt-based angel network Cairo Angels has announced the first close of its micro-venture syndicate fund. The Cairo Angel Syndicate... News • 08 December, 2021 Cairo Angles
U.A.E Childcare marketplace PureBorn raises $2 million Seed round Dubai-based childcare marketplace PureBorn has raised a $2 million Seed funding round. Launched in 2017 by Hannah Curran, PureBorn... News • 08 December, 2021 PureBorn E-commerce
Bahrain Calo raises $13.5 million Seed round Bahrain-based foodtech Calo has raised $13.5 million in its Seed funding round, co-led by Khwarizmi Ventures, Nuwa Capital, and... News • 08 December, 2021 Calo healthy food
Regional Opontia raises $42 million in Series A UAE-based e-commerce enabler Opontia has raised $42 million in equity and debt in a Series A round led by STV. Opontia, founded by... News • 08 December, 2021 Opontia
U.A.E UAE-based RemotePass raises pre-Series A round UAE-based recruitment platform RemotePass has raised its pre-Series A round, led by BECO Capital with participation from Wamda,... News • 08 December, 2021 RemotePass recruitement
Pakistan UAE’s Tricap invests in Pakistan's Clicky UAE-based Tricap Investments has participated in the $2.3 million pre-Series A round of the Pakistan-based e-commerce Clicky. Former... News • 08 December, 2021 E-commerce Clicky
Regional PepsiCo launches Mena edition of Greenhouse accelerator programme PepsiCo has launched the Mena edition of its global greentech accelerator programme in partnership with the UAE Ministry of Climate... News • 07 December, 2021 Pepsico
Saudi Arabia NQOODLET raises $1 million in pre-Seed Riyadh-based fintech NQOODLET, has raised $1 million in its pre-Seed round led by angel investor Yaser Alghamdi, with... News • 07 December, 2021 Saudi Arabia NQOODLET
Egypt Plstka raises Seed round for expansion Egypt-based cleantech startup Plstka, has raised an undisclosed Seed funding round from Alexandria Angels Network, in addition to a... News • 07 December, 2021 Cleantech
Egypt Egypt’s WaffarX raises investment from US Lobby Capital Egypt-based cashback marketplace WaffarX has raised an undisclosed funding round, led by the Silicon Valley venture capital firm Lobby... News • 07 December, 2021 WaffarX Lobby Capital
