Saudi Arabia BIM Ventures, SBI Holdings to launch $100 million fund to back Saudi startups Saudi Arabia-based VC studio BIM Ventures has partnered with Japan’s SBI Holdings to launch a $100 million joint investment... News • 24 May, 2024 BIM Ventures MISA SBI Holdings
U.A.E UAE's Huspy obtains fresh investment to develop a SuperApp UAE-based proptech Huspy has raised a fresh investment round led by Balderton Capital, with further participation from existing investor... News • 23 May, 2024 huspy Proptech
Egypt Egypt’s e-finance acquires minority stakes in Al Ahly Momken, EasyCash Egypt-based fintech e-finance for Digital and Financial Investments (e-finance) has acquired a 25% stake in Al Ahly Momken and a 13%... News • 23 May, 2024 e-Finance Al Ahly Momken EasyCash
Egypt OneOrder raises $16 million Series A to propel GCC expansion plans Egypt-based logistics startup OneOrder has raised $16 million in a Series A round in a mix of equity and debt, led by Delivery Hero... News • 23 May, 2024 OneOrder Delivery Hero Ventures
Egypt Birdnest secures pre-Series A round for 20% stake Egypt-based proptech Birdnest has closed an undisclosed pre-Series A funding round for a 20% stake in the company, led by notable... News • 23 May, 2024 Birdnest Beltone Venture Capital Proptech
Jordan Jordan’s liwwa secures $5 million loan from DFC Jordan-based fintech liwwa has secured a $5 million loan from the United States International Development Finance Corporation... News • 21 May, 2024 liwwa DFC
Egypt Egypt's EFG Hermes acquires minority stake in Danish fintech Kenzi Wealth Egypt’s investment bank, EFG Hermes, a subsidiary of EFG Holding, has acquired a minority stake in the Danish digital wealth... News • 21 May, 2024 Kenzi Wealth EFG Hermes
U.A.E Plain Tiger secures investment from AngelSpark UAE-based B2B marketplace Plain Tiger has raised an investment from UAE’s VC firm AngelSpark for an undisclosed amount. Founded... News • 20 May, 2024 Plain Tiger AngelSpark
Egypt Cash, Microfinanza launch $2.4 million project to support Egyptian entrepreneurs Egypt-based Cash for Microfinance, a subsidiary of Beltone Holding, has partnered with Microfinanza Italia to launch a $2.4 million... News • 20 May, 2024 cash Beltone Microfinanza
Saudi Arabia Riyad Capital launches 1957 Ventures fund to drive Saudi fintech innovation Riyad Capital, backed by Riyad Bank, has launched the “1957 Ventures" investment fund to drive transformative growth in Saudi... News • 20 May, 2024 Riyad Capital 1957 Ventures
Saudi Arabia Merit closes $12 million pre-Series B round Saudi Arabia-based SaaS provider Merit has raised $12 million in its pre-Series B funding round, led by Alistithmar Capital i-Cap and... News • 20 May, 2024 Merit
Saudi Arabia MDD closes Series A round for 5% stake Saudi Arabia-based logistics startup MDD has closed its Series A round for a 5% stake with a valuation of $26 million (SAR100... News • 17 May, 2024 MDD Logistics
U.A.E Keyper secures $34 million in mix of equity, Sukuk UAE-based proptech Keyper has raised $4 million in equity in a pre-Series A round, led by BECO Capital and Middle East Venture Partners... News • 17 May, 2024 Keyper BECO Capital Proptech
U.A.E Revent raises $900,000 pre-Seed to bolster KSA expansion plans UAE-based electronics marketplace Revent has raised $900,000 in a pre-Seed round, provided by Techstars and a group of angel... News • 17 May, 2024 Revent techstars
U.A.E Airwater Co. secures investment from Tau Capital UAE-based cleantech Airwater Co. has raised investment from Abu Dhabi-based venture capital firm Tau Capital, for an undisclosed... News • 16 May, 2024 Airwater Co. Tau Capital
Qatar Golden Gate Ventures launches $100 million MENA-focused fund Singapore-based VC firm Golden Gate Ventures has launched a $100 million MENA fund, with $20 million commitments from Qatari investors,... News • 16 May, 2024 Golden Gate Ventures Al Khor Holding
