U.A.E Shorooq Partners launches $150 million fund to back early-stage startups UAE-based venture capital firm Shorooq Partners has launched Bedaya Fund II, a $150 million VC fund aimed at investing in early-stage... News • 23 March, 2022 Shorooq Partners
U.A.E SHUAA Capital launches $250 million venture debt fund SHUAA Capital has launched SHUAA Venture Partners, a $250 million Shari’ah fund focused on venture debt... News • 23 March, 2022 Shuaa Capital SHUAA Venture Partners
U.A.E Hub71 startups have raised $408 million since 2019 Startups based in Abu Dhabi's tech ecosystem Hub71, have raised Dh1.5 billion ($408 million) in funding since 2019. The aggregate... News • 23 March, 2022 uae Hub71 Start-up
Jordan Jordan's Ahli Fintech invests $190,000 in InvoiceQ Jordan Ahli Bank's accelerator Ahli Fintech, has invested $190,000 in Jordan-based fintech InvoiceQ, after the startup... News • 23 March, 2022 InvoiceQ
Saudi Arabia Carasti expands to KSA following $2 million bridge round UAE-based mobility platform Carasti, has announced its expansion to Saudi Arabia following a $2 million bridge round from Net Ventures... News • 22 March, 2022 Carasti
U.A.E FlapKap launches after raising $1.2 million led by A15 Egypt-based SaaS platform FlapKap, has launched after raising $1.2 million in a round led by A15. Co-founded by Ahmad Coucha (CEO),... News • 22 March, 2022 FlapKap
Saudi Arabia Saudi fintech Arib raises $2.3 million Seed Saudi Arabia-based fintech Arib, has raised $2.3 million in a Seed round, led by Merak Capital, with participation from angel... News • 21 March, 2022 Saudi Arabia fin-tech
U.A.E SHUAA Capital acquires majority stake in Souqalmal UAE-based investment firm SHUAA Capital has acquired a majority stake in UAE-based fintech Souqalmal for an undisclosed amount. SHUAA is... News • 21 March, 2022 Shuaa Capital
U.A.E Visual content production Flashy raises $400,000 pre-Seed round UAE-based SaaS visual content platform Flashy, has raised $400,000 in a pre-Seed round from a group of regional and international... News • 21 March, 2022 Flashly
Egypt Three Egyptian banks launch $85 million MEA-focused fintech fund Three major Egyptian banks have launched a fintech fund in partnership with Global Ventures. Banque Misr, National Bank of Egypt, and... News • 20 March, 2022 Khazna Nclude Mozare3
Egypt Lucky raises $25 million to grow its rewards app Egypt-based fintech app Lucky, has raised $25 million in a Series A round led by the recently-launched fintech VC fund Nclude, with... News • 20 March, 2022 Lucky app
U.A.E Metaverse startup Eikonikos raises $2 million pre-Seed round UAE-based metaverse startup Eikonikos has raised a $2 million pre-Seed round led by angel investors. Founded by Mohamed Vasif,... News • 17 March, 2022 metaverse
Global SWVL to invest $15 million to scale its operations in Argentina Dubai-based mobility startup SWVL announced that it will invest up to $15 million to ramp up its operations in the Argentinian... News • 17 March, 2022 Swvl
Saudi Arabia COFE acquires Saudi Arabia's Kaffeen UAE-based online coffee marketplace COFE App has acquired Saudi Arabian app Kaffeen, as it looks to fuel its regional... News • 17 March, 2022 Kaffeen COFE
Egypt LooliaCloset, SohatiCare expand to Egypt Lebanon-based beauty e-commerce marketplaces SohatiCare and LooliaCloset announced the expansion of their services to the Egyptian... News • 17 March, 2022 LooliaCloset SohatiCare
Iraq Agritech Nakhla receives funding from Euphrates Ventures Iraq-based agritech startup Nakhla has closed a six-figure investment round from Euphrates Ventures. The investment was facilitated by... News • 17 March, 2022 Nakhla
