Egypt Fitness app Welnes raises $300,000 Seed round Egypt-based fitness app Welnes, has closed a $300,000 Seed round led by Flat6labs with participation from Samurai Incubate, UI... News • 16 March, 2022 Welness fitness Flat6Labs
Egypt IFC invests $5 million in Egypt’s Disruptech fund The International Finance Corporation (IFC), a member of the World Bank Group, has pledged a $5 million investment in Disruptech... News • 16 March, 2022 ifc Disruptech Fintech
U.A.E Laundry app justclean raises $6 million investment Kuwait-based cleaning marketplace justclean has raised $6 million in a round led by Gulf Investment Corporation (GIC) with participation... News • 16 March, 2022 Justclean Gulf Investment Corporation GIC
U.A.E UAE fintech Encore Pay raises $1.5 million UAE-based fintech Encore Pay has raised a $1.5 million Seed round led by GreenHouse Capital (GHC). Founded in 2017 by Imran Saeed,... News • 16 March, 2022 Encore Pay
Egypt Astute acquires Egypt's DilenyTech Astute, a US-based imaging-guided therapy provider has acquired Egypt-based healthtech startup and AI-powered screening provider... News • 16 March, 2022 DilenyTech
Jordan Five startups graduate from Flat6Labs Seed programme in Jordan Five Jordanian startups have graduated from the Flat6Labs Amman Seed programme, with each receiving $112,000 in funding. These... News • 16 March, 2022 Flat6Labs
Saudi Arabia Malaa Technologies raises $1.7 million Seed round Saudi Arabia-based fintech Malaa Technologies, has raised $1.7 million in its Seed round with participation from Impact46, Khawarizmi... News • 16 March, 2022 Malaa Impact46 Khawarizmi
U.A.E QFIL Solutions raises $1 million in pre-Seed investment UAE-based fintech QFIL Solutions has raised $1 million in pre-Seed investment, through an unidentified fintech investment... News • 15 March, 2022 QFIL Fintech
Saudi Arabia Saudi AlGooru acquires edtech ChillLearn Saudi Arabia-based edtech AlGooru has announced the acquisition of Jeddah-based ChillLearn for an unknown amount. Founded in 2019 by... News • 14 March, 2022 AlGooru ChillLearn EdTech
U.A.E The Giving Movement raises $15 million to back expansion The Giving Movement, a UAE-based direct-to-consumer (D2C) sustainable fashion brand, has raised a $15 million Series A round, led by... News • 14 March, 2022 The Giving Movement
Saudi Arabia Saudi C2C marketplace Soum raises $4 million Seed round Saudi Arabia-based re-commence marketplace Soum, has raised $4 million in Seed funding, led by Outliers Venture Capital and Mazen... News • 14 March, 2022 Soum recommence markteplace
U.A.E UAE's Kamel Pay raises $1 million pre-Seed round UAE-based fintech Kamel Pay, has raised $1 million in a pre-Seed round, led by Hussain Al Qemzi, former group CEO of Noor Bank and... News • 14 March, 2022 Kamel Pay
Saudi Arabia Saudi Qawafel raises $3 million Seed round Saudi Arabia-based marketplace Qawafel, has raised a $3 million Seed round, co-led by AlSayed Group and Khwarizmi Ventures, in addition... News • 13 March, 2022 Qawafel AlSayed Group Khwarizmi Ventures
Morocco Morocco’s Guichet.com raises $309,000 Morocco-based digital ticketing platform Guichet.com, has received $309,000 (MAD3 million) equity financing from the 212 Founders... News • 13 March, 2022 Guichet Digital ticketing
Egypt Bosta expands to KSA after raising pre-Series B round Egypt-based e-commerce delivery solutions provider Bosta, has announced its expansion to Saudi Arabia after completing an undisclosed... News • 13 March, 2022 Bosta
U.A.E Dubai issues new law to regulate virtual assets Dubai has adopted a new law to regulate virtual assets, aiming at creating a legal framework to protect investors and provide... News • 10 March, 2022 Dubai virtual assets
