Iraq Iraq’s Alsaree3 Group receive seven-figure bridge round Iraq-based Alsaree3 Group, closed a seven-figure bridge round in December 2022, raising its total funding to over $6.5... News • 19 January, 2023 Alsaree3 Zajel delivery app
Bahrain Beyon Cyber acquires DTS Solution Beyon Cyber, a Bahrain-based cyber security solutions provider, has acquired a majority stake in UAE-based counterpart DTS Solutions.... News • 19 January, 2023 Beyon Cyber DTS Solution
U.A.E UAE’s Revoltech among four winners of Global FoodTech Challenge UAE-based foodtech Revoltech is among the winners of the 2022 FoodTech Challenge, receiving a portion of the $2 million prize money to... News • 18 January, 2023 Revoltech Global FoodTech Challenge foodtech
U.A.E Tabby raises $58 million Series C from Sequoia Capital India, STV and PayPal Ventures UAE-based fintech Tabby, has raised $58 million in a Series C round from Sequoia Capital India, STV and PayPal Ventures, Mubadala... News • 18 January, 2023 Fintech Buy now pay later BNPL
U.A.E NoSQL startup WeaveDB raises $900,000 pre-Seed round UAE-based database startup WeaveDB, has raised a $900,000 pre-Seed round, led by Permanent Ventures, along with Web3 investors: IOSG... News • 17 January, 2023 WeaveDB
U.A.E B2B fintech Alaan raises $4.5 million pre-Series A round UAE-based B2B fintech Alaan, has raised $4.5 million in a pre-Series A round, backed by Presight Capital, Y Combinator, and angel... News • 17 January, 2023 Alaan Presight Capital Y Combinator
Egypt Egypt’s GBarena acquires Tunisia’s Galactech in a $15 million share swap deal Egypt-based esports platform GBarena has acquired Tunisia’s Galactech for $15 million, in the form of a share swap. This... News • 17 January, 2023 Gbarena Galactech
Global One Moto raises $150 million to scale its last-mile delivery operations in the UK UAE-based electric mobility startup and last-mile delivery services provider One Moto, has raised $150 million from an undisclosed... News • 16 January, 2023 One Moto
U.A.E B2B micro-mobility Terra raises pre-Seed investment UAE-based B2B micro-mobility startup Terra, has raised an undisclosed pre-Seed investment round from Saudi, American, and British angel... News • 16 January, 2023 Terra micro-mobility b2b
U.A.E Flyby closes a $1 million Seed round UAE-based last-mile startup Flyby has closed a $1 million Seed round, led by FHS Capital based in Silicon Valley, and VN2 Capital based... News • 16 January, 2023 Flyby FHS Capital VN2 Capital
U.A.E UAE’s Astra Tech acquires Botim UAE-based tech firm Astra Tech has acquired the voice-calling app “Botim”, with the aim of creating a super app with instant... News • 12 January, 2023 Botim Astra tech Superapp
Bahrain Bahraini foodtech OrderJet raises $125,000 from Hope Ventures Bahrain-based foodtech OrderJet, has raised $125,000 from Hope Ventures, the investment arm of Hope Fund and producers of the Beban TV... News • 12 January, 2023 OrderJet Hope Ventures Beban
U.A.E UAE’s metaverse startup Nümi raises $20 million from Venom Ventures Fund UAE-based metaverse startup Nümi has raised $20 million from Venom Ventures Fund (VVF), a newly launched $1 billion VC fund born... Dunya Hassanein • 12 January, 2023 metaverse Venom Foundation
U.A.E UAE’s social investing platform InvestSky launches after raising $3.4 million UAE-based social investing platform InvestSky has announced its launch after securing a $3.4 million pre-Seed round led by Emkan... News • 11 January, 2023 InvestSky
Egypt KarmSolar secures $3 million from HSBC to fuel Farafra Solar Grid Egypt-based cleantech KarmSolar has received $3 million (EGP83 million) in debt financing from HSBC to finance the development of its... News • 10 January, 2023 KarmSolar solar energy Farafra Solar Grid
U.A.E UAE social app ASKWHO raises $1 million UAE-based social app ASKWHO has raised $1 million in funding, $515,000 of which was raised in a crowdfunding campaign which brought in... News • 09 January, 2023 ASKWHO Social App
