Saudi Arabia Saudi edtech Jeel raises $1.1 million Seed from EdVentures Saudi Arabia-based edtech for pre-schoolers has raised a $1.1 million Seed round from EdVentures, the VC arm of Egypt-based Nahdet Misr... News • 22 November, 2022 Jeel EdVentures EdTech
Egypt Modus partners with USAID to launch venture builder in Egypt US-based and Mena-focused VC firm Modus, has partnered with USAID to launch a venture builder (MV Builder II) in Egypt, to build and... News • 22 November, 2022 Modus USAID MV Builder II
U.A.E UAE fintech Qashio raises $10 million Seed to accelerate KSA expansion UAE-based fintech Qashio, has raised $10 million in a Seed round through a mix of equity and no equity financing. Investors in... News • 22 November, 2022 Qashio
Egypt Grinta raises $8 million Seed round Egypt-based B2B marketplace Grinta, has raised $8 million Seed funding co-led by Raed Ventures and Nclude, alongside other investors... News • 21 November, 2022 Grinta Raed Ventures Nclude
Morocco Morocco's edtech startup SmartProf raises $110,000 pre-Seed round Morocco-based edtech Smartprof, has received a $110,000 pre-seed investment from UM6P Ventures, Plug and Play, alongside other... Dunya Hassanein • 21 November, 2022 SmartProf
U.A.E Rekt Studios raises $1.5 million from Cypher Capital to develop Meta gaming ecosystem Rekt Studios, UAE-based blockchain-focused startup, has secured $1.5 million in funding from Cypher Capital. The funding will go... News • 18 November, 2022 REKT Studios
Regional CONIX.AI raises $1.3 million pre-Seed round led by BIM Ventures UK-based and Egypt-born design tech CONIX.AI has raised $1.3 million led by BIM Ventures, announcing the commencement of its commercial... News • 17 November, 2022 Conix
Jordan Ibtikar Fund, Arco announce investment in Algebra Intelligence Ibtikar Fund and the Architects Contracting Company (Arco) have invested an undisclosed amount in Algebra Intelligence, a Jordan-based... News • 17 November, 2022 Ibtikar Fund Algebra Intelligence Architects Contracting Company
U.A.E KLAIM raises $5 million Seed from Knuru Capital with plans to increase round to $30 million UAE-based fintech KLAIM, has raised a $5 million Seed round from Knuru Capital, with plans to increase this to over $30 million by way... News • 17 November, 2022 KLAIM Knuru Capital healthtech
Saudi Arabia DataLexing raises $3 million seed round led by Sadu Capital Saudi Arabia-based productivity platform DataLexing, has raised $3 million in a Seed round led by Sadu Capital, with participation from... News • 17 November, 2022 DataLexing data driven Sadu Capital
U.A.E OurCrowd expands Abu Dhabi investment operations Israel-based VC firm OurCrowd has announced the expansion of its Abu Dhabi operations with a new VC office and AI tech hub enabled by... News • 16 November, 2022 OurCrowd ADIO ADGM
U.A.E UAE's baraka closes $20 million Series A led by Valar Ventures UAE-based fintech baraka, has closed a $20 million Series A round led by Valar Ventures, the VC’s first regional investment.... News • 16 November, 2022 Baraka Fintech Valar Ventures
U.A.E Proptech Silkhaus raises $7.8 million Seed UAE-based proptech Silkhaus, has raised a $7.8 million Seed round from Nuwa Capital, Nordstar, Global Founders Capital, Yuj... News • 15 November, 2022 Silkhaus
Regional IFC launches $225 million platform to strengthen VC ecosystems in Africa, Middle East World Bank-backed International Financial Corporation (IFC) has launched a $225 million platform to strengthen venture capital... News • 15 November, 2022 ifc Venture Capital
Regional Modus launches $75 million Africa-focused fund US-based and Mena-focused VC firm Modus, has launched a $75 million Modus Africa VC fund that will invest in African startups, led by... News • 15 November, 2022 Modus Venture Capital
Tunisia Tunisia’s Beekeeper Tech raises $640,000 Seed round Tunisia-based agritech Beekeeper Tech, has raised $640,000 in Seed round funding, led by 216 Capital Ventures, with participation... News • 15 November, 2022 agritech Beekeeper 216 Capital Ventures
