Bahrain Tarabut Gateway raises $12 million pre-Series A led by Tiger Global UAE-based open banking platform Tarabut Gateway has raised $12 million in a pre-Series A round led by Tiger Global, alongside new... News • 02 November, 2021 Fintech Open banking Tarabut Gateway
Iraq Iraq Venture Partners, new venture fund launches to support Iraqi startups Several Iraqi investors have come together to launch a new VC, Iraq Venture Partners (IVP). Established by Omar Al-Handal,... News • 01 November, 2021 Iraq Venture Partners IVP VC
Egypt Shipblu raises $2.4 million Seed round to back expansion Egypt-based last-mile delivery startup ShipBlu has raised a $2.4 million Seed round led by Nama Ventures. Founded by Ali... News • 31 October, 2021 ShipBlu
U.A.E Fero raises $1.1 million in pre-Series A UAE-based supply chain SaaS startup Fero has closed a $1.1 million pre-Series A round from an undisclosed institutional investor and... News • 31 October, 2021 Fero freight SAAS
Egypt Kuzlo closes pre-Seed round by Nama Ventures Alexandria-based B2B marketplace Kuzlo has raised an undisclosed amount of funding in its pre-Seed round, led by Nama... News • 28 October, 2021 Nama Ventures Kuzlo
Regional Organon, Flat6Labs launch accelerator to support female-focused healthtech in Mena Flat6Labs has partnered with Organon to launch the Femtech Accelerator Programme to help healthtech startups focused on women’s... News • 28 October, 2021 Organon Flat6Labs
U.A.E Pure Harvest raises $64.5 million from Korea's IMM Investment, enters JV with PlanTFarm UAE-based agritech startup Pure Harvest Smart Farms has secured $64.5 million in growth capital from Korean private investment firm IMM... News • 27 October, 2021 agritech Pure Harvest Smart Farms
U.A.E Getbee raises $1.8 million pre-Series A UAE-based Getbee has raised $1.8 million in a pre-Series A round from Altitude Capital, B & Y Venture Partners, and +VC, as... News • 27 October, 2021 retail tech Getbee b2b
U.A.E Shorooq Partners launches The Nahda Fund 1 to support Mena startups Abu Dhabi-based VC Shorooq Partners has launched The Nahda Fund 1, a venture-debt fund, in partnership with South Korea’s IMM... News • 26 October, 2021 Shorooq Partners IMM Investment Global The Nahda Fund 1
Algeria Algerian Startup Financing Fund raises $7.2 million to support local startups The Algerian Startup Financing Fund has raised DA1 billion ($7.2 million) to fund startups in Algeria. The fund was launched during... News • 26 October, 2021 Algerian Startup Financing Fund Algeria Disrupt 2020
U.A.E Chimera Capital’s closes $50 million second fund Abu Dhabi-based Chimera Capital, a subsidiary of private investment firm Chimera Investment, has announced the close of its second fund... News • 25 October, 2021 uae Chimera venture capital fund
U.A.E Fitness app Fitlov raises $500,000 pre-Series A The UAE-based fitness app Fitlov has raised $500,000 in a pre-Series A fundraise through angel investment. Founded in February 2018 by... News • 20 October, 2021 Fitlov fitness
U.A.E Digital freight platform Palletpal raises $200,000 from Draper Associates UAE-based digital freight platform Palletpal has raised $200,000 in a pre-Seed round from US-based Draper Associate. Founded in 2021... Dunya Hassanein • 20 October, 2021 Palletpal freight transport
Saudi Arabia Saee plans IPO on Nomu Saudi Arabia-based last-mile delivery startup Saee is planning to offer an initial public offering (IPO) next year on Nomu, Saudi... Dunya Hassanein • 20 October, 2021 Saee Last-mile delivery Nmou
U.A.E Fintech Galaxy closes $2 million Seed funding UAE-based Fintech Galaxy has raised $2 million in a Seed funding round, led by Jordan’s Ahli Fintech and joined by Raz Holding... News • 19 October, 2021 Fintech Galaxy Fintech
Regional Azimut, GELLIFY launch joint $50 million VC fund to support B2B Mena startups The Italian management group Azimut (ME) Limited ADGM, in partnership with GELLIFY Middle East is launching a VC fund targeting a fund... News • 19 October, 2021 Azimut GELLIFY VC
