Wamda

Egypt

SWVL suspends $100 million acquisition of UK’s Zeelo

Dubai-headquartered transport and mobility solutions provider SWVL, has canceled the proposed acquisition of Zeelo, a...

Swvl

U.A.E

Enhance Ventures launches $30 million Builders Fund

UAE and Saudi Arabia-based venture studio Enhance Ventures, has launched a $30 million Builders Fund, which will invest in the...

Enhance Ventures Builders Fund MENAPT

U.A.E

Artifi raises $3.26 million in investment

UAE-based blockchain NFT ecosystem Artfi, has received funds worth $3.26 million at a valuation of $100 million from Sheikha Hend Al...

NFT Artifi Blockchain

U.A.E

ChatFood raises $3 million bridge round led by Antler

UAE-based foodtech ChatFood, has announced a bridge round of $3 million led by Antler with a reserved amount for key strategic Saudi...

ChatFood Antler foodtech

U.A.E

UAE’s Qstay closes $6.5 million Seed round

UAE-based hospitality platform Qstay, has closed a debt and equity Seed round of $6.5 million. Founded in 2020 by Artur Khayrullin,...

Qstay hospitality Rental

U.A.E

DeFi platform ZKX raises $4.5 million Seed round

UAE-based DeFi platform ZKX has raised $4.5 million in Seed funding from StarkWare, Alameda Research, Amber Group, Huobi and...

ZKX DeFi StarkWare

U.A.E

Omooma raises $2.5 million for its mother-centric content platform

UAE-based female health Arabic content platform Omooma, has raised $2.5 million from E20 Investment LTD. Co-founded by Romain...

Omooma

Global

SWVL expands to Mexico with Urbvan acquisition

UAE-based mobility services provider SWVL has acquired Urbvan, a Mexico-based mass mobility startup. Founded in 2016 by Renato Picard...

Urbvan Swvl

U.A.E

Proptech houza raises $5.5 million pre-Series A round

UAE-based proptech houza, has raised $5.5 million in a pre-Series A round from Emirati real estate agencies. Founded in 2020 by...

houza Proptech

U.A.E

Web design tech startup Bhatia raises $400,000

UAE-based design tech startup Bhatia, has raised $400,000 in a Seed round led by Eureeca Holdings. Founded in 2019 by Dushyant...

Bhatia

U.A.E

UAE's LYVE acquires majority stake in Jeebly

UAE-based B2B logistics platform LYVE, has acquired a majority stake in Jeebly, a last-mile logistics provider based in the...

Jeebly Lyve

U.A.E

Supy raises $8 million Seed round

UAE-based B2B food marketplace Supy, has raised $8 million in a Seed round led by BECO Capital with participation from Valia Ventures,...

Supy BECO Capital

U.A.E

Digital banking YAP raises $41 million in funding

UAE-based fintech YAP, has raised $41 million in funding from Saudi Arabia's Aljazira Capital, Abu Dawood Group, Astra Group and...

YAP digital bank

U.A.E

Anghami acquires live events management company Spotlight

UAE-based music streaming app Anghami has acquired the Dubai-based live events and concert company Spotlight Event for an unknown...

anghami Spotlight Event

U.A.E

Careem acquires money transfer technology platform Denarii

UAE-based super app Careem has acquired the assets of Denarii, a Dubai-based money transfer platform. The value of the deal was not...

Careem Pay careem Denarii

U.A.E

Pure Harvest secures $180.5 million from global investors to fund expansion

UAE-based agritech Pure Harvest Smart Farms, has raised $180.5 million in its latest growth funding round. Investors included Metric...

agritech Pure Harvest Smart Farms

Global

KBW Ventures invests in Eclipse’s $40 million Series B round

UAE-based KBW Ventures, founded by HRH Prince Khaled bin Alwaleed bin Talal Al Saud, has invested in US-based dessert brand...

Eclipse

U.A.E

School of Humanity raises Seed round

UAE-based School of Humanity, an online high school, has raised an undisclosed Seed funding round led by Singapore-based educational...

School of Humanity

U.A.E

DIFC launches Open Finance Lab

Dubai International Financial Centre (DIFC) has launched the Open Finance Lab, a six-month programme designed to promote financial...

DIFC

U.A.E

Careem acquires food delivery startup MUNCH:ON

UAE-based super app Careem has acquired food delivery subscription platform MUNCH:ON, as it looks to expand its offerings in the food...

Munch:On careem Food delivery

U.A.E

Vamstar closes $9.5 million Series A round

UAE-based healthtech Vamstar, has closed its $9.5 million Series A funding round, led by Alpha Intelligence Capital (AIC) and Dutch...

Vamstar healthtech Alpha Intelligence Capital

U.A.E

Aldar invests in Taronga Ventures

UAE-based property developer Aldar, has invested in global real estate technology fund Taronga Ventures. Taronga Ventures will...

Aldar Properties properties Taronga Ventures

U.A.E

Huspy raises $37 million Series A led by Sequoia Capital India

UAE-based proptech Huspy, has raised a $37 million Series A funding round led by Sequoia Capital India, with participation from Founders...

Proptech huspy Sequoia Capital

U.A.E

WEMA Health launches after raising $3.5 million Seed round

UAE-based WEMA Health, a newly-launched healthtech startup focused on weight loss and diabetes, has raised a $3.5 million Seed...

WEMA Health Dawn Health healthtech

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