Saudi Arabia TDF Grow Accelerator Programme celebrates the graduation of first cohort Saudi Arabia’s national enabler of the tourism sector, the Tourism Development Fund (TDF), has celebrated the first cohort of the... News • 28 August, 2024 TDF Grow Accelerator Programme Tourism Development Fund Tourism
U.A.E myco concludes first close of Series A round at $10 million UAE-based Web3 streaming platform myco has completed the first closing of its Series A funding of $10 million at a post-money valuation... News • 27 August, 2024 myco Web3
Regional Gulf investors launch $200 million Waad Investment firm to support regional startups A coalition of investors and GCC-based family offices have launched “Waad Investment," an investment firm with a... News • 27 August, 2024 Waad Investment
Egypt In collaboration with Wamda, Entlaq releases Egyptian Entrepreneurship Sector Diagnostics report H1 2024 Egypt-based think tank Entlaq has launched the results of its bi-annual report on the Egyptian entrepreneurship sector for the first... News • 27 August, 2024 Entlaq Egyptian Entrepreneurship Sector Diagnostics Report
Kuwait Kuwaiti proptech Sakan acquires Qatar’s Hapondo Kuwait-based proptech Sakan has acquired the Qatari company Hapondo for an unknown amount. Founded in 2016 by Abdullah Al-Saleh, Sakan... News • 26 August, 2024 Sakan Hapondo Proptech
Bahrain Tenmou invests in Bahrain’s Tajweed, Travilege Bahrain-based Tenmou angel investment company has invested in two Baharini startups, Tajweed and Travilege. Founded in 2021 by... News • 26 August, 2024 Tenmou Tajweed Travilege
U.A.E Powder Beauty raises undisclosed pre-Series A round UAE-based e-commerce platform Powder Beauty has closed its pre-Series A funding round at an undisclosed value, led by Sophia Collective... News • 26 August, 2024 Powder Beauty E-commerce Beauty and Wellness
Egypt KBW Ventures debuts in Egypt by investing in NoorNation Egypt-based climatetech NoorNation has received an undisclosed investment from KBW Ventures, founded by Saudi Prince Khaled bin... News • 21 August, 2024 NoorNation KBW Ventures Khaled bin Alwaleed
Pakistan Pakistan’s PostEx to expand into GCC after securing $7.3 million pre-Series A Pakistan-based fintech PostEx has raised a $7.3 million pre-Series A funding round, led by Conjunction Capital, along with Dash... News • 20 August, 2024 PostEx Sanabil500
U.A.E Blockchain Centre, Gate Ventures launch $100 million fund to drive Web 3 innovation Singapore-based Gate Ventures, the VC arm of Gate.io, and the Blockchain Centre in Abu Dhabi have launched a $100 million fund to drive... News • 20 August, 2024 Gate Ventures Blockchain Centre Falcon Gate Ventures
U.A.E Meteora acquires property crowdfunding platform Maisour UAE-based real estate developer Meteora Developers has acquired the Emirati property crowdfunding platform Maisour in a... News • 19 August, 2024 Meteora Maisour
Saudi Arabia Asas closes $320,000 pre-Seed to propel Resquad AI platform development Saudi Arabia-based IT services provider Asas Specialised Information Technology has raised $320,000 pre-Seed investment for its flagship... News • 19 August, 2024 Asas Specialised Information Technology Resquad AI
Saudi Arabia Resal garners $9 million investment to accelerate growth within the Kingdom Saudi Arabia-based e-gifting platform Resal has closed a $9 million Series A round. The round was backed by Derayah Ventures Fund,... News • 19 August, 2024 Resal Derayah Ventures Fund
Saudi Arabia Saudi foodtech Yalla Plus closes $2.7 million Seed round Saudi Arabia-based foodtech Yalla Plus has closed a Seed investment round of $2.7 million, led by Merak Capital, with participation from... News • 19 August, 2024 Yalla Plus foodtech Merak Capital
Saudi Arabia Mithu secures $500,000 pre-Seed from Adaverse Saudi Arabia-based loyalty platform aggregator Mithu has raised a $500,000 pre-seed round backed by the Web3 venture builder... News • 19 August, 2024 Mithu Adaverse
U.A.E Yuze secures $30 million investment to fuel regional expansion UAE-based fintech Yuze has raised $30 million in investment led by Osten Investments. Founded in 2022 by Rabih Sfeir, Yuze... News • 16 August, 2024 Yuze Fintech Osten Investments
