U.A.E Wafeq raises $3 million Seed led by Raed Ventures with participation from Wamda Capital UAE-based fintech Wafeq, has raised $3 million in a Seed round led by Raed Ventures with participation from Wamda... News • 25 January, 2023 Wafeq seed Wamda Capital
Global UAE’s Hotdesk acquires Spain-based YADO Hotdesk, a UAE-based workspace booking app, has acquired Spanish counterpart YADO for an unknown sum. Founded in 2019 by Mohamed... News • 24 January, 2023 hotdesk
Global NB Ventures invests in $1.2 million Seed round for India’s career-tech Suraasa UAE-based NB Ventures has invested in India-based career-tech Suraasa's $1.2 million Seed round, led by Inflection Point... News • 24 January, 2023 Suraasa NB Ventures
Bahrain Beyon Cyber acquires DTS Solution Beyon Cyber, a Bahrain-based cyber security solutions provider, has acquired a majority stake in UAE-based counterpart DTS Solutions.... News • 19 January, 2023 Beyon Cyber DTS Solution
U.A.E UAE’s Revoltech among four winners of Global FoodTech Challenge UAE-based foodtech Revoltech is among the winners of the 2022 FoodTech Challenge, receiving a portion of the $2 million prize money to... News • 18 January, 2023 Revoltech Global FoodTech Challenge foodtech
U.A.E Tabby raises $58 million Series C from Sequoia Capital India, STV and PayPal Ventures UAE-based fintech Tabby, has raised $58 million in a Series C round from Sequoia Capital India, STV and PayPal Ventures, Mubadala... News • 18 January, 2023 Fintech Buy now pay later BNPL
U.A.E B2B fintech Alaan raises $4.5 million pre-Series A round UAE-based B2B fintech Alaan, has raised $4.5 million in a pre-Series A round, backed by Presight Capital, Y Combinator, and angel... News • 17 January, 2023 Alaan Presight Capital Y Combinator
Global One Moto raises $150 million to scale its last-mile delivery operations in the UK UAE-based electric mobility startup and last-mile delivery services provider One Moto, has raised $150 million from an undisclosed... News • 16 January, 2023 One Moto
U.A.E B2B micro-mobility Terra raises pre-Seed investment UAE-based B2B micro-mobility startup Terra, has raised an undisclosed pre-Seed investment round from Saudi, American, and British angel... News • 16 January, 2023 Terra micro-mobility b2b
U.A.E Flyby closes a $1 million Seed round UAE-based last-mile startup Flyby has closed a $1 million Seed round, led by FHS Capital based in Silicon Valley, and VN2 Capital based... News • 16 January, 2023 Flyby FHS Capital VN2 Capital
U.A.E UAE’s Astra Tech acquires Botim UAE-based tech firm Astra Tech has acquired the voice-calling app “Botim”, with the aim of creating a super app with instant... News • 12 January, 2023 Botim Astra tech Superapp
U.A.E UAE’s metaverse startup Nümi raises $20 million from Venom Ventures Fund UAE-based metaverse startup Nümi has raised $20 million from Venom Ventures Fund (VVF), a newly launched $1 billion VC fund born... Dunya Hassanein • 12 January, 2023 metaverse Venom Foundation
U.A.E UAE’s social investing platform InvestSky launches after raising $3.4 million UAE-based social investing platform InvestSky has announced its launch after securing a $3.4 million pre-Seed round led by Emkan... News • 11 January, 2023 InvestSky
U.A.E UAE social app ASKWHO raises $1 million UAE-based social app ASKWHO has raised $1 million in funding, $515,000 of which was raised in a crowdfunding campaign which brought in... News • 09 January, 2023 ASKWHO Social App
U.A.E UAE foodtech Nourish raises $400,000 investment UAE-based inflight meal booking platform Nourish, has raised a $400,000 investment round, led by investors from the US, Jordan, Saudi... News • 02 January, 2023 Nourish foodtech f&b
U.A.E The edtech startup enabling teachers to teach Changing education is an incredibly difficult process. Upgrading curricula or changing teaching methods requires the convincing of parents,... Nesma Abdel Azim • 26 December, 2022 oktopi EdTech
U.A.E Bayzat raises $25 million Series C round UAE-based HR technology startup Bayzat, has raised a $25 million Series C round led by DisruptAD alongside Ischyros New York, bringing... News • 23 December, 2022 Bayzat
Egypt Fintech Galaxy acquires Egypt’s open banking platform Underlie UAE-based open finance platform Fintech Galaxy has acquired Underlie, an Egypt-based open banking platform offering application... News • 22 December, 2022 Underline Fintech Galaxy
U.A.E The venture builder helping female-led agritechs scale beyond the desert The female share in the agricultural workforce in the Middle East and North Africa (Mena) hovers around 30 per cent, making the sector one... Dunya Hassanein • 22 December, 2022 agritech Dana Global
U.A.E Gargash Group invests in Germany’s Blacklane UAE-based Gargash Group has participated in the Series F round of the German chauffeur services provider “Blacklane”, along... News • 21 December, 2022 Gargash Group Blacklane automotive
U.A.E LumiShare raises $3.2 million Seed round UAE-based blockchain digital asset management LumiShare, has raised a $3.2 million Seed round led by Sheikh Mohamed Bin Ahmed Bin Hamdan... News • 21 December, 2022 LumiShare Blockchain
Oman Carzaty: The realistic exit The used car market is worth over $16 billion in the GCC alone, but it is a highly fragmented sector, with mostly small resellers and... Triska Hamid • 19 December, 2022 Carzaty Oman marketplace
U.A.E Sharjah launches media-focused venture builder “Shams Valley” Sharjah Media City (Shams), in collaboration with Grow Valley, has announced the launch of Shams Valley, a venture-builder studio that... News • 18 December, 2022 Sharjah Media City SHAMS
U.A.E The Dubai Future District Fund launches venture fellowship programme for Emiratis The Dubai Future District Fund (DFDF) has launched a venture capital-focused fellowship programme, designed to equip Emirati... News • 14 December, 2022 Dubai Future District Fund