Bahrain Bahrain’s Investcorp acquires British fintech MIR Limited Bahrain-based Investcorp Technology Partners (ITP) has acquired all of the business and assets of UK-based fintech MIR Limited, for an... News • 13 September, 2021 Investcorp MIR Limited Fintech
Egypt B2B e-commerce Capiter raises $33 million Series A Cairo-based B2B e-commerce startup Capiter has raised $33 million Series A, co-led by Quona Capital and MSA Capital alongside additional... News • 13 September, 2021 Capiter B2B e-commerce
Egypt Egyptian fintech Kashat raises $1.75 million Bridge round Egypt-based fintech Kashat has raised $1.75 million in a Bridge funding round, led by Launch Africa, with the participation of several... News • 12 September, 2021 Kashat Fintech financial inclusion
U.A.E Koala Picks raises $408,000 to fuel expansion UAE-based health snack brand Koala Picks, has raised AED1.5 million ($408,000) in its first external round of funding led by friends and... News • 12 September, 2021 foodtech Healthy food and snacks Koala Picks
Saudi Arabia Water solutions app Moya secures $2 million Seed round Saudi Arabia-based water solution hub Moya App has secured $2 million in a Seed funding round from MLM Investment company. Launched... News • 09 September, 2021 Moya App Drinking Solutions
U.A.E Stillfront acquires UAE’s Jawaker for $205 million UAE-based gaming startup Jawaker has been acquired by Sweden-based Stillfront Group for a total of $205 million on a cash and debt-free... News • 09 September, 2021 Jawaker stillfront group Gaming
Egypt Egypt’s super app MNT-Halan raises $120 million Egypt-based super app and Wamda portfolio startup MNT-Halan has raised $120 million from major global and regional growth investors:... News • 08 September, 2021 MNT-Halan Fintech
U.A.E Healthtech KLAIM secures $1.6 million pre-series A round UAE-based healthtech KLAIM has secured $1.6 million funding in a pre-series A round, led by Mad’a Investments, with participation... News • 08 September, 2021 KLAIM healthtech
Saudi Arabia TruKKer acquires Pakistan’s freight startup TruckSher Saudi Arabia-based freight network TruKKer has acquired Pakistani startup TruckSher for an undisclosed amount. Founded in 2016 by... News • 08 September, 2021 Trukker TruckSher
Saudi Arabia Saudi edtech Scalers raises $533,000 in Seed round Saudi Arabia-based e-learning platform Scalers has raised $533,000 in a Seed round led by angel investors from both the recruitment and... News • 07 September, 2021 Scalers EdTech
Saudi Arabia Wa’ed announces $2.7 million budget to support Saudi entrepreneurs during Jubail roadshow Wa’ed, the entrepreneurship arm of Saudi Arabia’s Aramco, has set aside SAR10.2 million ($2.72 million) in Seed grants and... News • 07 September, 2021 Wa'ed Aramco
Kuwait 3s International acquires Kuwaiti proptech Taskeen Kuwait-based real estate company 3s International Real Estate Company has acquired proptech startup Taskeen for an undisclosed amount,... News • 06 September, 2021 Taskeen 3s International Proptech
Morocco Moroccan fintech Lacaisse.ma secures funding from WitaMax Morocco-based Lacaisse.ma has received funding from WitaMax, the amount raised was undisclosed. Founded in 2016 by Said Belkhayat... News • 02 September, 2021 Lacaisse.ma WitaMax
U.A.E Pollen Street acquires majority stake in Ding Mobile top-up services company Ding has sold its majority stake to the London-based alternative investment management company, Pollen... News • 02 September, 2021 Ding Pollen Street acquisition
U.A.E Emaar considers sale of Namshi Emaar Malls, the retail arm of Dubai-based real estate developer Emaar Properties, is considering selling e-commerce startup Namshi for... News • 01 September, 2021 Emaar Malls emaar properties Namshi
Egypt DIGGIPACKS acquires Egypt's FWRUN Saudi Arabia-based last-mile delivery and logistics services provider DIGGIPACKS, has acquired Egypt-based e-commerce solutions provider... News • 01 September, 2021 DIGGIPACKS ecommerce enablement Logistics
