Saudi Arabia Saudi healthtech Integrative Health acquires Nala Saudi Arabia-based healthtech Integrative Health has acquired Nala, another Saudi healthtech, for an unknown sum. Founded in 2019 by... News • 30 May, 2023 Integrative Health Nala healthtech
Saudi Arabia SVC allocates $7.5 million to Endeavor Catalyst fund Saudi Venture Capital (SVC) has allocated $7.5 million to Endeavor Catalyst, the investment arm of Endeavor Global. The allocation is... News • 29 May, 2023 SVC Endeavor Catalyst Fund
U.A.E Cargoz raises undisclosed bridge round to fuel KSA expansion UAE-based logistics startup Cargoz has secured an undisclosed bridge funding round from Nama Ventures, RAZ Group and other angel... News • 28 May, 2023 Cargoz Nama Ventures RAZ Group
Morocco Morocco’s PrestaFreedom raises $1.1 million from Azur Innovation Fund Morocco-based home services marketplace PrestaFreedom has raised $1.1 million (MDH 11,000,000) from Azur Innovation Fund. Founded in... Dunya Hassanein • 26 May, 2023 PrestaFreedom
Global Insider raises $105 million investment led by QIA Wamda portfolio company Insider, has raised an investment of up to $105 million from Qatar Investment Authority (QIA) and Esas Private... News • 24 May, 2023 Insider Wamda Capital QIA
U.A.E B2B mental health startup Lifemost raises $650,000 pre-Seed round UAE-based healthtech startup Lifemost has raised a $650,000 pre-Seed funding round from a group of angel investors. Founded in 2022 by... News • 24 May, 2023 Lifemost
Palestine Vatrin closes investment round from Ibtikar Palestine-based Vatrin, has closed the investment it raised from Ibtikar Fund. The amount raised was not disclosed. Founded in 2019 by... News • 24 May, 2023 Vatrin Ibtikar Fund
Kuwait ZainTech acquires UAE-based Adfolks UAE-based ZainTech, part of telecoms provider Zain Group, has acquired cloud-native engineering firm, Adfolks. The acquisition is... News • 23 May, 2023 ZainTech Adfolks
Qatar QIA leads Builder.ai’s $250 million Series D round Qatar Investment Authority (QIA) has led the $250 million Series D funding raised by Builder.ai, along with Iconiq Capital, Jungle... News • 23 May, 2023 QIA Builder.ai Qatar Investment Authority
Jordan UAE’s EDGE acquires majority stake in MARS Robotics UAE-based advanced technology and defence group EDGE, has acquired a majority stake (80 per cent) in Jordanian autonomous robotic... News • 23 May, 2023 Edge Mars Robotics
U.A.E Australia’s RTE acquires Galaxy Racer, rebrands new entity as Celestial Australia-based Riva Technology and Entertainment Limited (RTE), a subsidiary of MSM Corporation International Limited, has fully... News • 22 May, 2023 RTE Galaxy Racer GXR
U.A.E Reef launches $10 million Web3 accelerator programme UAE-based defi blockchain startup Reef, has launched a $10 million accelerator programme for Web3 projects building on the Reef... News • 18 May, 2023 Web3
Saudi Arabia Saudi furniture marketplace Baytonia raises Seed round Saudi Arabia-based furniture e-commerce platform Baytonia has closed an undisclosed Seed round, led by Khwarizmi Ventures (KV), with... News • 17 May, 2023 Baytonia e--commerce furniture
Morocco Plug and Play increases investment in Morocco’s Chari Morocco-based B2B e-commerce platform Chari has secured a second round of investment from Plug and Play. The amount invested was not... News • 16 May, 2023 Chari e--commerce Plug and Play
U.A.E Silicon Valley’s Plug and Play invests in UAE’s Clara UAE-based legaltech startup Clara has received an undisclosed investment from Silicon Valley’s innovation platform “Plug and... News • 15 May, 2023 Legaltech Clara Plug and Play
U.A.E UAE-based fintech TWIG raises seven-figure pre-Seed round UAE-based fintech TWIG has secured an undisclosed pre-Seed round "exceeding $1 million", backed by Phoenician VC, MMK Capital,... News • 10 May, 2023 TWIG Fintech DIFC
