Global Wahed Invest acquires UK digital banking app Niya Source: Reuters Wahed Inc, a U.S.-based Islamic-finance fintech startup backed by Saudi Aramco, will acquire Niyah Ltd, a British... News • 17 December, 2020 Wahed Islamic economy Aramco
Regional TruKKer raises $10 million venture debt from US-based Partners for Growth UAE-based on-demand truck aggregator TruKKer, has raised a $10 million strategic venture debt from San Francisco-based specialty lending... Dunya Hassanein • 17 December, 2020 Trukker freight Logistics
Global Spotii receives investment from Australia's Zip UAE-based buy now, pay later (BNPL) startup Spotii, has received a strategic investment from Australia-based BNPL company Zip. Zip,... Dunya Hassanein • 17 December, 2020 Buy now pay later Spotii Zip
Egypt Sigma Fit raises fresh funds Egypt-based sportswear company Sigma Fit, has raised new funds from its compatriot investment company, Innlife... Dunya Hassanein • 16 December, 2020 Sigma Fit sportswear
Global Calega Ventures invests in India-based Callify.ai Source: YourStory Mumbai-based smart calling platform for working professionals Callify.ai on Tuesday said it has raised a seed funding... News • 16 December, 2020 Callify.ai Calega Ventures Seed funding
U.A.E 360VUZ raises bridge round investment UAE-based Immersive video mobile app 360VUZ, has raised an undisclosed amount of funding as part of a bridge round from Knollwood,... Dunya Hassanein • 15 December, 2020 360vuz Bridge round
Jordan Progressive Generation raises pre-Series A investment for its kids-safe streaming platform Jordan-based production house and investment firm Progressive Generation, has raised an undisclosed pre-Series A funding round from Oman... Dunya Hassanein • 15 December, 2020 Progressive Generation VOD OTF
U.A.E Alpha Wave invests in India's DealShare Source: Laffaz India-based social commerce startup DealShare, on Tuesday announced that the company has raised $21 million in its... News • 14 December, 2020 Alpha Wave DealShare Series C
Egypt Uber Egypt achieves 80 per cent recovery rate Uber Egypt has achieved a recovery rate of 80 per cent, Uber Egypt’s general manager Ahmed Khalil announced at RiseUp Summit 2020,... Dunya Hassanein • 14 December, 2020 Uber Egypt Covid19 Rise Up 2020
U.A.E Capria invests in Global Ventures' second fund Seattle-based global investment fund of funds Capria Ventures (Capria) has invested in UAE-based venture capital firm Global... Dunya Hassanein • 14 December, 2020 Capria Global Ventures
U.A.E Urent raises pre-Series A investment UAE-based vehicle-sharing and car rental app Urent, has raised a seven-figure pre-series A funding round from an undisclosed serial... Dunya Hassanein • 13 December, 2020 Urent car rental
Regional Startup Istanbul launches $10 million fund to invest in Mena-based startups Istanbul-based event organiser and seed investor Startup Istanbul is raising a $10 million VC fund, targeting startups in the Middle East... Dunya Hassanein • 09 December, 2020 startup istanbul Seed funding MENA
Regional GELLIFY to launch €20 million Mena fund Italy’s GELLIFY, a B2B software startup focused accelerator and investor is launching a fund for the Middle East region in... News • 09 December, 2020 GELLIFY b2b
Saudi Arabia QVM raises seed funding Saudi Arabia-based QVM has raised an undisclosed Seed round led by Awab Holding Company with additional participation from angel... Dunya Hassanein • 09 December, 2020 قطع غيار السيارات QMV
Egypt LCP acquires minority stake in Dsquares Source: WAYA Marking its first investment, LCP Fund II (LCP) announces today the acquisition of a significant minority... News • 09 December, 2020 LCP Dsquares customer loyalty
Global Saudi Aramco Energy Ventures invests in US-based Dragos Source: TechCrunch Cybersecurity firm Dragos has raised $110 million in its Series C, almost triple the amount that it raised two... News • 09 December, 2020 Dragos cybersecurity Saudi Aramco Energy Ventures