Saudi Arabia Floranow acquires Saudi Arabia's Bloomax UAE-based B2B floral marketplace Floranow has fully acquired KSA’s wholesale distributor of fresh-cut flowers Bloomax, with the... News • 05 June, 2023 Floranow Bloomax
Oman Oman’s Sharakah joins Beehive’s board as new investor Oman-based SME developer company Sharakah has come on board with UAE-based fintech Beehive as a new investor. The new partnership will... News • 01 June, 2023 beehive Sharakah
Saudi Arabia Women in Tech programme awards $50,000 to three Saudi female-led startups Three Saudi Arabia-based female-led startups have been awarded $50,000 in equity-free cash rewards, as part of the Standard Chartered... News • 01 June, 2023 women in tech Falak investment hub Standard Chartered
Libya UNDP launches Deraya initiative to boost Libyan ecosystem The Libyan government and United Nations Development Programme (UNDP), in collaboration with the European Union and the African... News • 31 May, 2023 Deraya undp Flat6Labs
U.A.E Tabby closes new round, upsizes debt facility to $350 million UAE-based fintech Tabby has upsized its debt facility to $350 million after closing a new financing round led by San Francisco-based... News • 31 May, 2023 Tabby Fintech BNPL
Morocco Moroccan healthtech DataPathology raises $1 million from Azur Innovation Fund Morocco-based healthtech startup DataPathology has raised $1 million from Azur Innovation Fund. Founded in 2020 by Mohammed El... News • 30 May, 2023 Azur Innovation Fund
Saudi Arabia Saudi healthtech Integrative Health acquires Nala Saudi Arabia-based healthtech Integrative Health has acquired Nala, another Saudi healthtech, for an unknown sum. Founded in 2019 by... News • 30 May, 2023 Integrative Health Nala healthtech
Saudi Arabia SVC allocates $7.5 million to Endeavor Catalyst fund Saudi Venture Capital (SVC) has allocated $7.5 million to Endeavor Catalyst, the investment arm of Endeavor Global. The allocation is... News • 29 May, 2023 SVC Endeavor Catalyst Fund
U.A.E Cargoz raises undisclosed bridge round to fuel KSA expansion UAE-based logistics startup Cargoz has secured an undisclosed bridge funding round from Nama Ventures, RAZ Group and other angel... News • 28 May, 2023 Cargoz Nama Ventures RAZ Group
Morocco Morocco’s PrestaFreedom raises $1.1 million from Azur Innovation Fund Morocco-based home services marketplace PrestaFreedom has raised $1.1 million (MDH 11,000,000) from Azur Innovation Fund. Founded in... Dunya Hassanein • 26 May, 2023 PrestaFreedom
Global Insider raises $105 million investment led by QIA Wamda portfolio company Insider, has raised an investment of up to $105 million from Qatar Investment Authority (QIA) and Esas Private... News • 24 May, 2023 Insider Wamda Capital QIA
U.A.E B2B mental health startup Lifemost raises $650,000 pre-Seed round UAE-based healthtech startup Lifemost has raised a $650,000 pre-Seed funding round from a group of angel investors. Founded in 2022 by... News • 24 May, 2023 Lifemost
Palestine Vatrin closes investment round from Ibtikar Palestine-based Vatrin, has closed the investment it raised from Ibtikar Fund. The amount raised was not disclosed. Founded in 2019 by... News • 24 May, 2023 Vatrin Ibtikar Fund
Kuwait ZainTech acquires UAE-based Adfolks UAE-based ZainTech, part of telecoms provider Zain Group, has acquired cloud-native engineering firm, Adfolks. The acquisition is... News • 23 May, 2023 ZainTech Adfolks
Qatar QIA leads Builder.ai’s $250 million Series D round Qatar Investment Authority (QIA) has led the $250 million Series D funding raised by Builder.ai, along with Iconiq Capital, Jungle... News • 23 May, 2023 QIA Builder.ai Qatar Investment Authority
Jordan UAE’s EDGE acquires majority stake in MARS Robotics UAE-based advanced technology and defence group EDGE, has acquired a majority stake (80 per cent) in Jordanian autonomous robotic... News • 23 May, 2023 Edge Mars Robotics
