Saudi Arabia Saudi Arabia launches $200 million fund to back local, foreign high-tech startups Saudi Arabia’s Crown Prince Mohammed bin Salman has launched a $200 million (SAR750 million) fund for early-stage investment in... News • 21 August, 2023 KAUST Innovation
Regional Anghami receives additional $5 million investment from SRMG Ventures Lebanon-founded and UAE-based music streaming platform Anghami has raised a $5 million investment from Saudi VC firm SRMG... News • 21 August, 2023 anghami SRMG VENTURES
Regional Singapore’s Antler launches $60 million Menap Fund Singapore-based VC firm Antler has launched a $60 million Middle East North Africa and Pakistan (Menap)-focused fund to invest in the... News • 16 August, 2023 Antler MENAP VC fund
Jordan ISSF invests $1.5 million in Sadu Capital to invest in Jordanian startups Jordan’s Innovative Startups and SMEs Fund (ISSF) has committed $1.5 million to Saudi Arabia-based Sadu Capital’s... News • 16 August, 2023 Sadu Capital ISSF
Saudi Arabia iot squared acquires Machinestalk to solidify position in Saudi market Saudi Arabia-based internet of things (IoT) solutions provider “iot squared”, has fully acquired the Saudi IoT company... News • 16 August, 2023 iot squared Machinestalk STC
U.A.E Generative AI Lumi raises first round of funding ahead of launch UAE-based Lumi AI has closed its first round of funding from New York-based B2B SaaS investors Forum Ventures and UAE-based Annex... News • 16 August, 2023 Lumi
U.A.E Illuminati Capital raises $50 million to back Web3 startups UAE-based crypto VC fund Illuminati Capital, has raised $50 million for a fund that aims to invest in early-stage blockchain and... News • 13 August, 2023 Illuminati Capital VC fund Web 3.0
Palestine Peleset Angels launches to back Palestinian Startups A network of Palestinian and diaspora angel investors have come together to launch Peleset Angels, an early-stage angel investment... News • 13 August, 2023 Peleset Angels Angel Investment
U.A.E Gingo Partners raises $350,000 from angel investors UAE-based Gingo Partners has raised $350,000 for its investor outreach service and startup community platform. Founded earlier this... News • 11 August, 2023 VC Community
U.A.E Mubadala leads $76 million in debt, equity funding for Nigeria’s Moove UAE sovereign investor Mubadala Investment Company has led a $76 million in equity and debt financing for Nigeria-based mobility fintech... News • 10 August, 2023 Mubadala Investment Company Moove mobility
Saudi Arabia Saudi Arabia’s Wadaie raises pre-Seed funding Saudi Arabia-based fintech Wadaie has secured a pre-Seed funding round led by RZM Investments, along with Bunat Ventures and other Saudi... News • 09 August, 2023 Wadaie RZM Investments Bunat Ventures
Egypt Fla6labs announces awards up to $100,000 in funding for contechs in Egypt Makers, the construction technology (contech) accelerator launched by Flat6Labs in partnership with SIAC and Dar Al-Handasah (Shair and... News • 08 August, 2023 Flat6Labs contech Construction
Egypt B2B pharmaceutical marketplace Grinta acquires Auto-Cure Cairo-based B2B pharmaceutical marketplace, Grinta, has acquired its counterpart Auto-Cure for an undisclosed value. Founded in 2020... News • 08 August, 2023 Grinta
Palestine Ibtikar Fund invests in DataQueue Palestine-based AI data training company DataQueue has raised an undisclosed amount from the Ibtikar Fund. Founded in 2021 by Bashir... News • 08 August, 2023 Ibtikar Fund DataQueue AI
Saudi Arabia Golden Scent raises revenue-based investment from Tenami Capital Saudi Arabia-based e-commerce platform Golden Scent has raised an undisclosed revenue-based investment from Tenami Capital. Golden... News • 08 August, 2023 Golden Scent Tenami Capital E-commerce
Egypt Talents Arena raises $750,000 pre-Seed round Egypt-based AI recruitment company Talents Arena, has raised a $750,000 pre-Seed funding round from UI Investments, alongside several... News • 08 August, 2023 Talents Arena HR solutions AI
