Egypt Egypt's MaxAB merges with Africa's largest B2B e-commerce player Wasoko Egypt-based B2B e-commerce company MaxAB will merge with Kenya-based Wasoko. The terms of the deal were not... News • 22 December, 2023 MaxAB Merger
U.A.E UAE’s Zeroe raises $2.2 million Seed round UAE-based cleantech Zeroe, has raised $2.2 million in a Seed round led by Indonesian investor Owen Rahadiyan. Founded in early 2023 by... News • 21 December, 2023 Zeroe Cleantech Decarbonisation
Saudi Arabia Tabby announces pre-IPO $700 million debt facility from J.P. Morgan UAE-founded and Saudi Arabia-headquartered fintech Tabby has secured a $700 million debt financing round from J.P. Morgan, ahead of its... News • 21 December, 2023 Tabby
Saudi Arabia Soum raises $18 million Series A round led by Jahez Saudi Arabia-based re-commerce marketplace Soum, has raised $18 million in Series A funding in a round led by Jahez, with... News • 20 December, 2023 Recommerce re-commerce Soum
Egypt Egypt’s iSchool $4.5 million to accelerate global expansion Egypt-based edtech iSchool, has raised $4.5 million in a funding round led by VentureWave Capital, an Irish VC, followed by OneStop... News • 20 December, 2023 iSchool VentureWave Capital EdTech
Saudi Arabia Saudi fintech Hakbah raises $5.1 million Series A Saudi Arabia-based fintech Hakbah, has raised $5.1 million in Series A funding, bringing the company’s funding raised to date to... News • 20 December, 2023 Hakbah VentureSouq Fintech
Saudi Arabia Saudi fintech Spare raises $3 million to fuel expansion Saudi Arabia-based fintech startup Spare has raised a $3 million round led by Vision Ventures with participation from Wa'ed... News • 20 December, 2023 spare Fintech Open banking
Saudi Arabia Saudi Arabia’s Velents raises Seed round Saudi Arabia-based HRtech Velents, has closed a Seed round for an undisclosed amount, led by A15 with participation from Nibras Capital,... News • 19 December, 2023 Velents HRtech A15
Saudi Arabia Jada Fund of Funds invests in Iliad Partners Tech Ventures Fund I Jada Fund of Funds, a subsidiary of Saudi Arabia's Public Investment Fund (PIF), has invested in Iliad Partners Tech Ventures Fund... News • 19 December, 2023 Jada Fund of Funds
U.A.E Trends by LuckyDodo secures $1 million investment UAE-based analytics platform Trends, backed by LuckyDodo, has secured $1 million in funding from several investors at the DIFC... News • 19 December, 2023 Trends LuckyDodo SAAS
Saudi Arabia Tamara raises $340 million Series C round at over $1 billion valuation Saudi Arabia-based buy now pay later (BNPL) startup, Tamara, has raised a $340 million Series C round at a valuation of over $1... News • 18 December, 2023 Tamara
Egypt Chefaa raises $5.25 million investment to solidify presence in Saudi Arabia Egypt-based healthtech Chefaa, has secured a $5.25 million investment, co-led by Newtown Partners (South Africa) and Global Brain... News • 18 December, 2023 Chefaa healthtech
Saudi Arabia Saudi Arabia’s Pd7 raises $1 million to fuel expansion Saudi Arabia-based sports startup Pala De 7 (Pd7) has raised SAR 3,750,000 ($1 million) in investment, led by Grintafy, AlTahan and... News • 14 December, 2023 Pala De 7 Pd7 Grintafy
U.A.E UAE’s Terra raises $2 million Seed UAE-based electric mobility company Terra, has raised a $2 million Seed round from a group of angel investors. Founded in 2021 by... News • 14 December, 2023 Terra
U.A.E US-based Mercer acquires UAE’s The Talent Enterprise US-based talent and workforce management enterprise has acquired The Talent Enterprise (TTE), a psychometric and talent assessment... News • 14 December, 2023 The Talent Enterprise
Global Mubadala Capital participates in Andalusia Labs’ $48 million Series A Abu Dhabi’s $280 billion global sovereign fund, Mubadala Capital, has participated in the $48 million Series A funding round... News • 14 December, 2023 Mubadala Capital Andalusia Labs Blockchain
