Saudi Arabia Saudi Arabia’s RasMal acquires Pentugram Saudi Arabia-based equity management platform RasMal has acquired UAE’s Pentugram to expand its offering into private capital... News • 07 March, 2024 RasMal Pentugram
U.A.E Zeroe secures Seed investment boost, pushing total funding to $2.3 million UAE-based cleantech Zeroe has raised a Seed investment boost provided by the VOYAGERS ClimateTech Fund, taking the total raise to $2.3... News • 07 March, 2024 Zeroe Cleantech VOYAGERS ClimateTech Fund
Saudi Arabia Bahrain’s Arcapita launches $500 million logistics fund in Saudi Arabia Bahrain-based investment management firm Arcapita Capital, a subsidiary of Arcapita Group, has closed $500 million KSA Logistics Fund... News • 06 March, 2024 Arcapita Capital Logistics Leap24
Saudi Arabia Rabeh raises $800,000 Seed round Saudi Arabia-based fintech Rabeh Financial has closed a $800,000 Seed investment round during LEAP 2024, in collaboration with Mjalis... News • 06 March, 2024 Rabeh Fintech Leap24
Saudi Arabia Saudi Arabia deploys $120 million to boost gaming, esports industry Saudi Arabia’s National Development Fund (NDF) and the Social Development Bank (SDB) will jointly establish two venture capital... News • 06 March, 2024 National Development Fund Social Development Bank Gaming and Esports Financing Programme
Saudi Arabia BRKZ secures $8 million Series A round Saudi Arabia-based construction tech (contech) BRKZ has secured an $8 million Series A, co-led by 9900 and BECO Capital, with... News • 06 March, 2024 BRKZ Leap24 contech
Saudi Arabia Buildnow secures $9.4 million in Seed funding Saudi Arabia-based proptech Buildnow has raised $9.4 million in Seed funding. The round was a mix of equity ($6.5 million) and debt... News • 05 March, 2024 Buildnow Raed Ventures Khwarizmi Ventures
U.A.E RemotePass secures $5.5 million in Series A UAE-based HRtech RemotePass has raised $5.5 million in a Series A funding round, led by 212 VC. Other participating investors include... News • 05 March, 2024 RemotePass HRtech 212 VC
Saudi Arabia Saudi Arabia’s Salla raises $130 million pre-IPO investment Saudi Arabia-based SaaS provider Salla has raised a $130 million pre-IPO investment round, led by Investcorp, along with Sanabil... News • 04 March, 2024 Salla Investcorp Sanabil Investments
Saudi Arabia Extend Group, Rassanah Financial launch $26.6 million fund to support Saudi SMEs Saudi Arabia-based companies Extend Group and Rassanah Financial have united to launch a $26.6 million Extend Fund (SAR100 million) to... News • 04 March, 2024 Extend Group Extend Fund Rassanah Financial
Egypt Fawry Dahab partners with PayMe to facilitate Egyptian expats transactions Egypt-based fintech Fawry has partnered with UAE-based fintech PayMe to enhance its remittance services for Egyptian expatriates in the... News • 04 March, 2024 fawry PayMe
U.A.E UAE's CAI Concierge AI raises undisclosed investment round UAE-based AI startup CAI Concierge AI has raised an undisclosed investment, led by Enlightened Minds and VC SILA. Founded in... News • 29 February, 2024 CAI Concierge AI Artificial intelligence
Egypt Egypt’s Khazna expands into Saudi Arabia Egypt-based fintech Khazna has expanded its services into Saudi Arabia in partnership with Khwarizmi Ventures. Launched in 2020 by... News • 29 February, 2024 Khazna Khwarizmi Ventures
U.A.E COTU Ventures launches $54 million fund to back early-stage startups UAE-based early-stage VC firm COTU Ventures launched a $54 million inaugural fund, which aims to support startups in the Middle East... News • 28 February, 2024 COTU Ventures
Egypt Egyptian fintech MoneyHash closes $4.5 million Seed round US-based Egyptian fintech MoneyHash has raised a $4.5 million Seed funding round, co-led by COTU Ventures and Sukna Ventures, with... News • 27 February, 2024 MoneyHash
Bahrain Glamera secures $350,000 investment through Beban TV show During participation in the Beban TV show, Saudi Arabia-based SaaS platform Glamera raised a $350,000 investment from Hope Ventures, the... News • 27 February, 2024 Glamera Beban Hope Ventures
