Saudi Arabia Revival Lab leads $13.6 million round through United Investments partnership Saudi Arabia-based venture builder Revival Lab, has signed an investment partnership worth SAR50 million ($13.6 million) with United... News • 18 December, 2022 Revival Lab Saudi Arabia cloud kitchen
U.A.E Sharjah launches media-focused venture builder “Shams Valley” Sharjah Media City (Shams), in collaboration with Grow Valley, has announced the launch of Shams Valley, a venture-builder studio that... News • 18 December, 2022 Sharjah Media City SHAMS
Jordan Jordan’s Telescope raises Seed funding to expand to UAE, Saudi Arabia Jordan-based content creation incubator Telescope, has raised an undisclosed Seed round from UAE-based Select Venture... News • 15 December, 2022 Telescope
Egypt B2B startup Suplyd raises $1.6 million pre-Seed round Egypt-based restaurant logistics startup Suplyd, has raised a $1.6 million pre-Seed round led by Endure Capital, Seedstars, Camel... News • 15 December, 2022 suplyd
Egypt Saudi-based Jumlaty and Egypt’s Appetito merge into new entity, NOMU Saudi-based grocery delivery startup Jumlaty and Egyptian counterpart Appetito have announced their merger to create a new company,... News • 14 December, 2022 Jumlaty Appetito
U.A.E The Dubai Future District Fund launches venture fellowship programme for Emiratis The Dubai Future District Fund (DFDF) has launched a venture capital-focused fellowship programme, designed to equip Emirati... News • 14 December, 2022 Dubai Future District Fund
U.A.E Morningstar Ventures invests $5 million in digital art gallery UAE-based VC firm Morningstar Ventures, has invested $5 million in 37xDubai, an interactive and immersive digital art gallery to be open... News • 13 December, 2022 Morningstar Ventures NFT 37xDubai
U.A.E Letswork raises $2.1 million Seed, expands to Saudi Arabia Dubai-based marketplace for shared spaces Letswork has raised a $2.1 million Seed round, announcing the expansion of its operations to... News • 13 December, 2022 Letswork
U.A.E Secret Skin raises $765,000 pre-Seed UAE-based skincare sustainable beauty platform Secret Skin, has raised $765,000 in a pre-Seed funding round, led by angel investors,... Nesma Abdel Azim • 12 December, 2022 Secret Skin Beauty skin care
Egypt PTS Investments Holdings partially acquires Egypt’s EDAM US-based PTS Investments Holdings has partially acquired Egypt-based healthtech EDAM through its operating company in Egypt. The value... News • 12 December, 2022 EDAM
Regional Saudi fintech PayTabs acquires Turkey’s Paymes Saudi Arabia-based fintech PayTabs, has fully acquired Turkish social commerce platform Paymes for an unknown amount. Under the terms... News • 12 December, 2022 paytabs Fintech Paymes
U.A.E Moove raises $30 million from debut sukuk for UAE expansion Nigeria-based mobility fintech and Moove is raising $30 million through its first Sukuk issuance arranged by Franklin Templeton... News • 12 December, 2022 Moove Nigeria Mobility Fintech
Morocco Morocco’s Justyol raises $350,000 pre-Seed round Morocco-based e-commerce Justyol, has raised a follow-on of $350,000 in a pre-Seed round from Earn Rocket Investment Holding. Founded... News • 11 December, 2022 Justyol Earn Rocket E-commerce
Global KBW Ventures co-leads $12.3 million Series A round in US-based Black Sheep Foods UAE-based KBW Ventures, founded by HRH Prince Khaled bin Alwaleed bin Talal Al Saud, has co-led a $12.3 million Series A round for... News • 09 December, 2022 KBW Ventures
U.A.E Modus leads Koble’s $1.2 million pre-Seed round UAE-based VC Modus, has led the $1.2 million pre-Seed funding round for UK-based investment firm Koble alongside Belgium-based VC... News • 08 December, 2022 Koble Modus Venture Capital
Regional Revival Lab launches $40 million fintech-focused VC builder and fund Saudi Arabia-based Revival Lab will establish “Fin-tactics Ventures", a venture builder specialised in fintech, insuretech... News • 07 December, 2022 Revival Lab Fin-tactics Ventures
