Global Modus Capital acquires Agile Ventures US-based Modus Capital has acquired Saudi Arabia-based startup venture builder Agile Ventures. The value of the transaction remains... News • 25 October, 2022 Modus Capital
U.A.E Aliph Capital secures $125 million investment from ADQ UAE-based private equity firm Aliph Capital has secured a $125 million investment for its maiden fund, Aliph Fund I (LP), from Abu... News • 24 October, 2022 Aliph Capital ADQ
U.A.E MBRIF provides $680,000 guarantee to Avani Eco UAE-based cleantech Avani Eco Middle East has been granted a guarantee of $680,000 in funding support from the Mohammed Bin Rashid... News • 24 October, 2022 MBRIF Avani Eco
Saudi Arabia UAE's Seafood Souq secures $500,000 from FII UAE-based Seafood Souq, has raised $500,000 from The Future Investment Initiative (FII) Institute. The announcement was made at the... News • 24 October, 2022 Seafood Souq
Saudi Arabia Thatek raises $532,000 for its self-development platform Saudi Arabia-based self-development platform Thatek, has raised a SAR 2.2 million ($532,000) Seed round through local crowdfunding... News • 24 October, 2022 Thatek
Egypt Egypt’s Seqoon raises $500,000 pre-Seed round Egypt-based proptech Seqoon, has raised $500,000 in a pre-Seed round through Banque Misr’s pilot programme to support startups in... News • 24 October, 2022 Seqoon real esate Proptech
Saudi Arabia Tachyon raises $1.6 million pre-Seed round Saudi Arabia-based B2B logistics platform Tachyon, has raised a $1.6 million pre-Seed round from undisclosed investors. Founded in... News • 24 October, 2022 Tachyon Logistics
Egypt KarmSolar secures $2.4 million funding from QNB ALAHLI Egypt-based cleantech KarmSolar has secured $2.4 million in funding from Qatar National Bank ALAHLI (QNB ALAHLI), as part of... News • 23 October, 2022 KarmSolar solar energy QNB ALAHLI
Kuwait Kuwaiti fintech Ruba raises pre-Seed round Kuwait-based fintech startup Ruba, has raised an undisclosed amount in pre-Seed funding. Founded in 2021 by Ameen Nadoom, Fawaz... News • 23 October, 2022 Ruba Fintech
Egypt valU acquires minority stake in fintech Kiwe Egypt-based fintech valU has acquired a minority stake in the social payment app Kiwe, for an unknown amount. Founded in 2018 in Egypt... News • 20 October, 2022 valu Kiwe Fintech
Egypt MaxAB closes $40 million pre-Series B round Egypt-based food and grocery B2B e-commerce platform MaxAB, has closed a $40m pre-Series B equity round from Silver Lake, British... News • 19 October, 2022 MaxAB b2b E-commerce
Egypt Egypt’s Nexta raises $3 million for its challenger fintech app Egypt has a population of over 103 million inhabitants, growing at approximately 2 per cent a year. The enormous growth in population has... Dunya Hassanein • 19 October, 2022 Nexta
Jordan US Fresh Del Monte invests in Jordanian agritech Decapolis US-based agriculture company Fresh Del Monte Produce has acquired a 39 per cent stake in Jordanian agritech Decapolis. Founded in 2018... News • 19 October, 2022 Fresh Del Monte Decapolis agritech
Egypt Egypt’s Kenzz raises $3.5 million Seed round Egypt-based mass e-commerce startup Kenzz, has completed a $3.5 million Seed fundraise led by Outliers Venture Capital, HOF Capital,... News • 18 October, 2022 Kenzz Outliers Venture Capital E-commerce
Saudi Arabia Zid raises $50 million Series B round led by IMPACT46 Saudi Arabia-based e-commerce enabler Zid, has raised $50 million in Series B funding, led by IMPACT46 with participation from new... News • 17 October, 2022 Zid Impact46 E-commerce
U.A.E VUZ raises $20 million Series B investment UAE-based social app VUZ has raised $20 million in Series B investment, from Caruso Ventures, Vision VC Fund, e& capital, Dubai... News • 13 October, 2022 VUZ Social App XR
