U.A.E UAE fintech Kema raises $2 million pre-Seed UAE-based fintech Kema has raised a $2 million pre-Seed round, led by Speedinvest with participation from the Dubai Future District Fund... News • 13 February, 2024 Kema Fintech
Lebanon Women-led VC firm Globivest completes first close of first fund Lebanon-based venture capital (VC) firm Globivest has achieved its first closing for an undisclosed sum. Founded in 2016 by Jasmine... News • 12 February, 2024 Globivest Venture Capital
Jordan ISSF pledges $5 million for MSA Novo's Mena fund Jordan-based Innovative Startups and SMEs Fund (ISSF) has invested $5 million in the Mena-focused fund, MSA Novo. Founded in... News • 12 February, 2024 MSA Novo ISSF
Iraq Iraqi fintech Wayl raises $150,000 pre-Seed round Iraq-based fintech Wayl, has secured $150,000 in pre-Seed funding from EQIQ Ventures. Founded in 2021 by Ali Ismail, Wayl serves as a... News • 09 February, 2024 Wayl Fintech EQIQ Ventures
U.A.E Dubbing platform CAMB.AI raises $4 million seed UAE-based AI dubbing startup CAMB.AI has raised $4 million in a Seed funding round led by Courtside Ventures, along with TRTL Ventures,... News • 07 February, 2024 CAMB.AI AI Dubbing
Saudi Arabia Saudi proptech Rize raises $2.9 million Seed round Saudi Arabia-based proptech Rize, has raised a $2.9 million Seed round from Seedra Ventures, Hala Ventures, JOA Capital, RZM... News • 07 February, 2024 Rize Proptech Seedra Ventures
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... News • 06 February, 2024 Bookr Beauty marketplace
U.A.E The Digital Hotelier closes $1 million Seed round UAE-based traveltech The Digital Hotelier, has closed a Seed round of $1 million from the Silicon Valley-based VC firm Plug and Play,... News • 05 February, 2024 Hope Ventures Beban the Digital Hotelier
Iraq IFC, IVP launch Scale Iraq initiative to support Iraqi startups The International Finance Corporation (IFC), Iraq Venture Partners (IVP), and Innovest Middle East have partnered to launch the Scale... News • 31 January, 2024 Scale Iraq International Finance Corporation Iraq Venture Partners
U.A.E Plant & Equipment acquires UAE’s Global Equipment Trading UAE-based contech Plant & Equipment has acquired Global Equipment Trading for an unknown sum. Founded in 2018 by brothers Saleh... News • 31 January, 2024 contech Plant & Equipment Global Equipment Trading
Egypt Bosta raises additional investment from Avanz Capital Egypt-based logistics startup Bosta, has raised an undisclosed amount in investment led by Avanz Capital Egypt (ACE). Founded in 2017... News • 31 January, 2024 Bosta Avanz Capital logistic
Egypt Egypt’s Roboost raises $3 million investment Egypt-based logistics startup Roboost, has closed a $3 million investment round, led by Silicon Badia, with contributions from RZM... News • 30 January, 2024 Roboost Logistics silicon badia
Saudi Arabia P2P car rental platform Ejaro raises $3.28 million pre-Series A round Saudi Arabia-based P2P car rental platform Ejaro, has raised $3.28 million in a pre-Series A investment round, led by cooperative and... News • 30 January, 2024 Ejaro p2p car rental
Regional Saudi edtech iStoria closes Seed round at $1.3 million Saudi Arabia-based edtech iStoria, has raised $1.3 million in a Seed round from Nama Ventures, Classera, Flat6Labs, BIM Ventures, and... News • 28 January, 2024 iStoria Nama Ventures Classera
Egypt DXwand secures $4 million Series A to fuel regional expansion Middle East-based AI startup DXwand has closed a Series A funding round of $4 million, led by Shorooq Partners, Algebra Ventures, and... News • 25 January, 2024 DXwand Shorooq Partners Algebra Ventures
Bahrain Omani contech Innotech wins $500,000 during Beban TV show Oman-based contech Innotech, has raised $500,000 in investment from Hope Ventures, alongside private sector investors Mrs. Areej Mohsen... News • 24 January, 2024 Beban Hope Ventures innotech
