U.A.E Cargoz raises Seed funding to accelerate expansion into Saudi market UAE-based logistics solutions provider Cargoz, has secured Seed funding for an unknown amount, led by Nama Ventures with the... News • 09 January, 2024 Cargoz Nama Ventures Logistics
Iraq E-commerce startup Pure Platform secures operational licence deal in Iraq Pure Platform, a US and Iraq-headquartered e-commerce company, has secured a seven-figure investment deal from the International Smart... News • 08 January, 2024 Pure Platform
Iraq B2B travel content platform Lokalee raises $5.6 million pre-Series A round Dubai-based traveltech startup Lokalee has raised a $5.6 million pre-Series A round led by Crown Private Fund with participation from... News • 08 January, 2024 Lokalee
U.A.E Maalexi raises $3 million in pre-Series A led by Global Ventures UAE-based agriculture-focused fintech Maalexi, has closed $3 million in pre-Series A funding. The round was led by Global Ventures,... News • 08 January, 2024 Maalexi Global Ventures Agriculture
Saudi Arabia Saudi Arabia’s Nawel closes $1 million Seed round Saudi Arabia-based logistics solutions provider Nawel has closed a Seed round of $1 million, led by Nomad Holdings, with participation... News • 08 January, 2024 Nawel Nomad Holdings Logistics
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,... News • 08 January, 2024 Baims Orcas
Saudi Arabia Saudi healthtech startup Clinicy raises Series A round Saudi Arabia-based healthtech startup, Clinicy, has raised a seven-figure Series A round, led by Middle East Venture Partners... News • 08 January, 2024 Clinicy
Saudi Arabia Tameed closes $15 million Series A from Alromaih Investments Saudi Arabia-based fintech Tameed has raised $15 million in a Series A round, led by Alromaih Investments. Founded in 2019 by Mohammed... News • 31 December, 2023 Tameed Fintech
U.A.E Phoenix acquires 25 per cent stake in Lyvely UAE-based cryptocurrency mining and blockchain company Phoenix Group PLC has acquired a 25 per cent stake in the social networking and... News • 28 December, 2023 Phoenix Group Lyvely
Lebanon Jedo acquires Jump-in App to penetrate Saudi market Lebanon-founded and Netherlands-based travel app Jedo has acquired the Saudi app Jump-in for an unknown amount. Founded in 2022 by... News • 28 December, 2023 Jedo Jump-in App Tourism
Global Aramco’s Prosperity7 Ventures leads China’s Cispoly $14 million Series B round Prosperity7 Ventures, a $1 billion growth-stage fund of Saudi energy and petrochemical enterprise Aramco, has led a $14 million series B... News • 28 December, 2023 Aramco
U.A.E Micropolis Robotics to file for IPO, plans a $37 million fundraise Dubai-based robotics manufacturer Micropolis Robotics announced plans to file for an initial public offering on the New York Stock... News • 27 December, 2023 Micropolis Robotics
Saudi Arabia Riyadh Valley Company invests in IMPACT46 Fund III Saudi Arabia’s Riyadh Valley Company, the investment arm of King Saud University, has pledged an undisclosed investment in... News • 27 December, 2023 Impact46 Riyadh Valley Company IMPACT46 Fund III
U.A.E UAE’s fintech Qashio partners with Emirates Skywards UAE-founded fintech Qashio has partnered with Emirates and flydubai’s loyalty programme, Emirates Skywards. The new partnership... News • 27 December, 2023 Qashio EMIRATES
Saudi Arabia Singapore’s Golden Gate Ventures opens first Mena office in Saudi Arabia Golden Gate Ventures, a Singapore-based venture capital fund, has established an office in Saudi Arabia, as part of its expansion... News • 26 December, 2023 Golden Gate Ventures
Egypt T-Vencubator launches in Egypt to invest in local startups T-Vencubator, a VC-incubator fund, has launched in Egypt to invest in and support the growth of local startups. The fund’s first... News • 26 December, 2023 T-Vencubator
