U.A.E Careem acquires food delivery startup MUNCH:ON UAE-based super app Careem has acquired food delivery subscription platform MUNCH:ON, as it looks to expand its offerings in the food... News • 24 June, 2022 Munch:On careem Food delivery
Saudi Arabia Nama Ventures invests in US-based IT startup Brev.dev Saudi Arabia-based VC firm Nama Ventures has invested an unknown amount in US-based containers for development Brev.dev. Founded in... News • 23 June, 2022 Nama Ventures Brev.dev
Saudi Arabia BIM Ventures launches $32 million BIM Investments II Saudi Arabia-based VC venture studio BIM Ventures has announced the launch of its second VC fund “BIM Investments II” with a... News • 23 June, 2022 BIM Ventures BIM Investments II Venture Capital
Egypt MNT-Halan acquires Talabeyah for undisclosed amount Egypt-based fintech MNT-Halan has acquired B2B e-commerce platform Talabeyah for an undisclosed amount. Founded in 2017 by Mounir... News • 23 June, 2022 MNT-Halan Talabeyah FMCG
U.A.E Vamstar closes $9.5 million Series A round UAE-based healthtech Vamstar, has closed its $9.5 million Series A funding round, led by Alpha Intelligence Capital (AIC) and Dutch... News • 23 June, 2022 Vamstar healthtech Alpha Intelligence Capital
Egypt AI startup Synapse Analytics raises $2 million pre-Series A round Egypt-based AI tech startup Synapse Analytics, has raised $2 million in a pre-Series A funding round led by Egypt Ventures, with... News • 22 June, 2022 Synapse Analytics Egypt Ventures AI
Egypt Disruptech secures funding from AXIAN Group Egypt-based Disruptech, a fintech-focused VC fund, has secured funding from Madagascar-based AXIAN Group. The deal will enable... News • 21 June, 2022 Disruptech
Egypt Saudi’s T2 signs investment agreements with Fawry, Khazna, Khwarizmi Ventures Saudi Arabia-based Business Research and Development Company (T2) signed an investment and partnership agreement with Egypt’s... News • 21 June, 2022 Mohammed Bin Salman Khazna fawry
Saudi Arabia Kleen bags $2 million to digitise local laundry market KSA-based SaaS startup Kleen, has raised a $2 million (SAR 7.5 million) Seed round from Plus Venture Capital (+VC), and... News • 21 June, 2022 Kleen
U.A.E Aldar invests in Taronga Ventures UAE-based property developer Aldar, has invested in global real estate technology fund Taronga Ventures. Taronga Ventures will... News • 21 June, 2022 Aldar Properties properties Taronga Ventures
Egypt valU sells minority stake to Alhokair family Egypt-based fintech valU has sold a minority stake of 4.99 per cent to members of Saudi Arabia’s Alhokair family for $12.4... News • 21 June, 2022 valu Alhokair EFG Hermes
U.A.E Huspy raises $37 million Series A led by Sequoia Capital India UAE-based proptech Huspy, has raised a $37 million Series A funding round led by Sequoia Capital India, with participation from Founders... News • 21 June, 2022 Proptech huspy Sequoia Capital
U.A.E WEMA Health launches after raising $3.5 million Seed round UAE-based WEMA Health, a newly-launched healthtech startup focused on weight loss and diabetes, has raised a $3.5 million Seed... News • 20 June, 2022 WEMA Health Dawn Health healthtech
Saudi Arabia Torod raises $1.33 million Seed round led by IMPACT46 Saudi Arabia-based logistics platform Torod, has raised a $1.33 million Seed round led by IMPACT46 with participation from local... News • 20 June, 2022 Torod Impact46 Seedra Ventures
Egypt EFG Hermes' Tanmeyah acquires B2B marketplace Fatura Egypt-based Tanmeyah for Microfinance Services, a subsidiary of EFG Hermes Holding, has acquired Fatura, a provider of B2B e-commerce... News • 17 June, 2022 Fatura
Morocco Digital staffing platform Jobop raises $1 million Seed round Morocco-based Jobop has raised a $1 million Seed round, led by Azur Innovation Fund, with participation from Plug and Play, and business... News • 17 June, 2022 Jodop
