Egypt Benya Group, Openner launch $50 million fund to invest in Arab and African startups Egypt-based tech solutions provider Benya Group has signed a memorandum of understanding (MoU) with venture capital firm Openner to... News • 09 November, 2021 Openner
U.A.E Merit Incentives announces $5 million Series A round led by Impact46 UAE-based Merit Incentives, a customer and employee engagement platform, has raised $5 million in a Series A round led by Saudi’s... News • 09 November, 2021 Merit Incentives Impact46
Egypt Edtech OTO receives $400,000 investment from EdVentures Egypt-based edtech OTO has raised $400,000 in cash and in-kind services from corporate VC firm EdVentures to enhance distance... News • 09 November, 2021 OTO Education EdTech
Saudi Arabia Raed Ventures announces Wael Nafee as new partner Saudi Arabia-based VC firm Raed Ventures has named Wael Nafee as a new partner in its fund. Wael joins Raed after having served Careem... News • 08 November, 2021 Raed Ventures Wael Nafee
U.A.E US' REEF acquires UAE cloud kitchen operator iKcon North America’s largest cloud kitchen operator REEF Technology, has fully acquired UAE-based cloud kitchens platform iKcon, in... News • 07 November, 2021 cloud kitchen iKcon Reef technology
Egypt Capiter opens new office in Dubai Egypt's Capiter, a B2B e-commerce startup, has opened a new office in Dubai. Capiter recently raised a $33 million Series A round,... News • 04 November, 2021 Capiter
U.A.E Eight startups graduate from Flat6Labs Ignite programme in Abu Dhabi Eight startups have graduated from the Flat6Labs Ignite programme in Abu Dhabi with each startup receiving Seed investment ranging from... News • 04 November, 2021 Flat6Labs Ignite Programme accelerator
Egypt A15 invests in Egypt-based fintech Sympl Egypt-based VC firm A15 has invested in fintech startup Sympl. The amount invested was not disclosed. Founded in October... News • 04 November, 2021 Sympl A15 Fintech
Jordan ISSF invests $150,000 in Jordan’s NEXT Renewable Energy Jordan-based Innovative Startups and SMEs Fund (ISSF) has announced a $150,000 investment in Jordan-based alternative energy provider... News • 03 November, 2021 ISSF NEXT Renewable Energy
Egypt Egypt’s Breadfast closes $26 million Series A round Egypt-based e-grocery Breadfast has raised $26 million in a Series A round co-led by Vostok New Ventures and Endure Capital, with... News • 03 November, 2021 Breadfast q-commerce dark stores
Egypt US-based TachyHealth raises seven-figure Seed from regional investors Jordan's Propeller Inc, the Oman Technology Fund- Wadi (OTF Wadi), Jordinvest, and an insurance company out of Saudi Arabia have... News • 03 November, 2021 TachyHealth healthtech
Egypt Egyptian healthtech Bypa-ss raises $1 million in pre-Seed Egypt-based healthtech startup Bypa-ss has closed a $1 million round from Egyptian and foreign investors, with participation from Magic... News • 03 November, 2021 healthtech Bypa-ss
U.A.E CleverTrip raises $750,000 pre-Seed round UAE-based travel tech CleverTrip has raised a $750,000 pre-Seed round from an undisclosed angel investor. Founded by Ibrahim Shaker in... Dunya Hassanein • 03 November, 2021 CleverTrip healthtech
Egypt Appetito raises $2 million in pre-Series A Egypt-based warehousing and last-mile delivery startup Appetito has raised $2 million in pre-Series A round, led by Jedar Capital, with... Dunya Hassanein • 03 November, 2021 Appetito q-commerce dark stores
U.A.E Farmin, Kanari AI win GITEX Supernova Challenge UAE-based Farmin and Kanari AI have won the 2021 GITEX Future Stars’ Supernova Challenge for their achievements in the artificial... News • 02 November, 2021 Farmin Kanari GITEX 2020
Regional Illegal data collection, financial data theft are major concerns for GCC consumers, GPI study shows Saudi Arabia and the UAE have among the world’s largest prepaid markets according to Ding’s bi-annual Global Prepaid Index... News • 02 November, 2021 GPI Ding GCC
