U.A.E Flow48 secures $25 million in pre-Series A funding UAE-based fintech Flow48 has raised $25 million in pre-Series A funding, comprising a mix of equity and debt from several investors,... News • 28 November, 2023 Flow48 Endeavor Catalyst Fintech
Kuwait Kuwait’s Raha raises $7 million pre-Series A Kuwait-based logistics startup Raha has raised $7 million in a pre-Series A round, led by Soor Capital and PIF-backed private equity... News • 22 November, 2023 Raha Logistics Soor Capital
U.A.E Modus invests $2.8 million in eight startup launches through its Venture Builder platform UAE-based Modus Capital has announced the launch of eight new startups as part of its venture builder programme, investing $2.8 million... News • 22 November, 2023 Modus Capital
Turkey UAE’s Your Compass invests in Fork N Knife’s $800,000 Seed round UAE-based Your Compass has participated in Turkey-headquartered cloud kitchen operator Fork N Knife’s $800,000 Seed round. The... News • 22 November, 2023 Fork N Knife
Lebanon Lebanese agritech Dooda Solutions wins $100,000 grant from PepsiCo Greenhouse Accelerator Lebanon-based agritech Dooda Solutions is set to receive a $100,000 grant after being named the winner of this year’s PepsiCo... News • 22 November, 2023 Dooda Solutions
Egypt Egypt’s WayUp Sports closes Seed round WayUp Sports, an Egypt-based marketplace for sports equipment and apparel, has raised a Seed round led by Beltone Venture Capital and... News • 22 November, 2023 WayUp Sports
Regional Anghami, OSN+ merge to create regional entertainment conglomerate UAE-based online streaming platform OSN+ has merged with the Lebanon-founded music streaming app Anghami Inc. in a deal worth $50... News • 21 November, 2023 anghami OSN+
Turkey Wamda Capital invests in Salus’ $4.7 million Seed round Wamda Capital has participated in a $4.7 million Seed round for Turkey-based healthtech startup, Salus. The oversubscribed round... News • 20 November, 2023 Salus
Morocco Chari receives undisclosed investment from UM6P Ventures Morocco-based B2B e-commerce and fintech startup Chari has raised an undisclosed investment amount from UM6P Ventures, the investment... News • 19 November, 2023 Chari E-commerce Fintech
U.A.E UAE mobility and logistics startup Wize raises $16 million in pre-Seed round UAE-based logistics startup Wize has raised $16 million in a pre-Seed funding round led by angel investors. Founded in 2022 by... News • 15 November, 2023 Wize
U.A.E Mafhoom secures $1.36 million pre-Seed UAE-based fintech Mafhoom Technologies has raised a $1.36 million pre-Seed funding round, led by Al-Wafra Al-Thanya for... News • 15 November, 2023 Mafhoom Fintech Al-Wafra Al-Thanya for Investments
Saudi Arabia Tamara secures additional debt financing of $250 million Saudi Arabia-based fintech Tamara has secured an additional $250 million in debt financing, bringing its total warehouse facility to up... News • 14 November, 2023 Tamara BNPL Fintech
Saudi Arabia Saudi fintech LYNK raises new round of investment Saudi Arabia-based fintech LYNK has raised an investment round from Al Fozan Holding and Ramla Holding Group. The amount raised was not... News • 12 November, 2023 LYNK Fintech Al Fozan Holding
Egypt VMS invests in Egyptian edtech Akhdar Egypt-based edtech Akhdar has raised a six-figure round from Saudi Arabia-based venture studio Value Maker Studio (VMS). The goal of... News • 12 November, 2023 Akhdar VMS
Global SC Ventures, SBI Holdings launch digital asset investment firm in UAE SC Ventures, the investment arm of Standard Chartered, has partnered with Japan-based SBI Holdings, to establish a digital assets... News • 12 November, 2023 SC Ventures SBI Holdings Digital assets
Morocco Morocco’s CloudFret closes $2.1 million round Morocco-based logistics startup CloudFret has secured a $2.1 million funding round from AfriMobility and Azur Innovation... News • 12 November, 2023 Cloudfret AfriMobility Azur Innovation Fund
