Wamda

Kuwait

Arzan VC launches Revenya Capital to back MENA startups

Kuwait-based VC firm Arzan Venture Capital has partnered with Ahmad Takatkah to launch Revenya Capital, a revenue-based financing (RBF)...

Arzan VC Revenya Capital

Kuwait

Kuwaiti edtech Tadarab expands into Saudi Arabia

Kuwait-based edtech Tadarab has expanded into Saudi Arabia as part of its strategic plan to meet the growing demand for online education...

Tadarab EdTech

Kuwait

Kuwait’s Krti closes $1.5 million pre-Seed

Kuwait-based fintech Krti has closed a pre-Seed round of $1.5 million from Core Vision Investment under the Financial Academy Financial...

Krti Fintech Core Vision

Kuwait

Kuwait’s Bazzar Gate secures $1 million investment

Kuwait-based e-commerce startup Bazzar Gate has raised $1 million from undisclosed investors. Founded in 2020 by Mohammad AlMutawa,...

Bazzar Gate Partners E-commerce

Kuwait

Kuwaiti proptech Sakan acquires Qatar’s Hapondo

Kuwait-based proptech Sakan has acquired the Qatari company Hapondo for an unknown amount. Founded in 2016 by Abdullah Al-Saleh, Sakan...

Sakan Hapondo Proptech

Kuwait

Kuwait’s Kem secures $3 million investment from Tether

Kuwait-based fintech Kem has raised a $3 million investment from Tether, bringing the total investment Kem raised to date to $4.5...

Kem Fintech Tether

Kuwait

Waves closes investment round co-led by BNK Capital, Aujan Enterprises

Kuwait-based traveltech Waves has closed an investment round for an unknown amount, co-led by BNK Capital and Aujan...

Waves traveltech

Kuwait

OSN+ completes acquisition of majority stake in Anghami

UAE-based online streaming platform OSN+ and Lebanon-founded music streaming app Anghami Inc. have officially merged into one media...

anghami OSN+

Kuwait

Kuwait’s Mojo raises seven-figure Seed round

Kuwait-based social commerce Mojo has raised a seven-figure Seed round, led by existing pre-Seed investors, Joa Capital and Emkan...

Mojo social commerce

Kuwait

Kuwait’s Bookr raises Bridge round from Plus VC

Kuwait-based SaaS-enabled marketplace for beauty services, Bookr, has raised a bridge round at an undisclosed amount from Plus...

Bookr Beauty marketplace

Egypt

Kuwaiti edtech Baim acquires Egypt's Orcas

Kuwait-based edtech Baims has acquired Egyptian counterpart Orcas. Founded in 2017 by Bader Al-Rasheed and Yousef Alhusaini,...

Baims Orcas

Kuwait

Why has Kuwait’s startup ecosystem fallen behind?

At one point, Kuwait was at the forefront of the startup ecosystem in the GCC, producing some of the region’s most robust companies...

kuwait

Kuwait

Kuwait’s Raha raises $7 million pre-Series A

Kuwait-based logistics startup Raha has raised $7 million in a pre-Series A round, led by Soor Capital and PIF-backed private equity...

Raha Logistics Soor Capital

Kuwait

Kuwaiti fintech Kem raises $1 million pre-Seed round

Kuwait-based fintech Kem has raised a $1 million pre-Seed round from a group of investors led by Maqamees Holdings. Founded in 2021 by...

Kem Fintech p2p

Kuwait

Lessons learned from building a tech startup in Kuwait

Tarek Sakr is the founder and CEO of Kuwait-based e-commerce startup, 4Sale Building a tech startup in Kuwait is no easy task for an...

4Sale kuwait

Kuwait

COFE: Digitising the coffee experience from bean to cup

There has been an increased shift towards customisation and convenience over the past few years which has resulted in a rise in vertical...

COFE foodtech

Kuwait

ZainTech acquires UAE-based Adfolks

UAE-based ZainTech, part of telecoms provider Zain Group, has acquired cloud-native engineering firm, Adfolks. The acquisition is...

ZainTech Adfolks

Kuwait

Baims closes $4 million Series A round

Kuwait-based edtech Baims, has raised $4 million in a Series A funding round led by AK Holding, with participation from Al-Wazzan...

Baims EdTech AK Holding

Kuwait

Floward acquires perfumery brand Mubkhar

Floward, an online flower and gift delivery platform, has acquired perfumery brand Mubkhar. Originally set up in Kuwait in 2015,...

Floward

Kuwait

Kuwaiti fintech Ruba raises pre-Seed round

Kuwait-based fintech startup Ruba, has raised an undisclosed amount in pre-Seed funding. Founded in 2021 by Ameen Nadoom, Fawaz...

Ruba Fintech

Kuwait

Kuwait’s Teeela raises $3.75 million pre-Series A

Kuwait-based gifting platform Teeela, has raised $3.75 million in a pre-Series A funding round, led by Saudi Arabian investment firm...

Teeela Wealth Well gift marketplace

Kuwait

All Over Group’s Khaled Al Refaai acquires 25 pre cent of Blockat for $3.6 million

Khaled Al Rafaai, CEO of Kuwait-based media production company All Over Group, has acquired 25 per cent of e-commerce platform Blockat,...

Blockat

Kuwait

Saudi Jadwa acquires majority stake in Kuwait’s Dabdoob

Saudi Arabia-based Jadwa Investment has acquired 70 per cent of Kuwaiti company Dabdoob Holdings, marking Jadwa’s first regional...

Jadwa Investment Dabdoob

Kuwait

Kuwait’s Enabill raises $1.2 million Seed round

Kuwait-based fintech Enabill, has raised $1.2 million in a Seed funding round with participation from The Taken Seat venture builder and...

Enabill The Taken Seat

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you