U.A.E Kitopi invests in five virtual restaurant groups in GCC UAE-based cloud kitchen Kitopi, has invested an undisclosed sum in several regional virtual restaurant groups, including Cloud... Triska Hamid • 17 November, 2021 Kitopi cloud kitchen Leap Nation
U.A.E UAE’s Swvl expands into Latin America by acquiring Argentina's Viapool UAE-based Swvl has entered the Latin American mobility market by acquiring a controlling stake in Argentina's Viapool for... News • 17 November, 2021 Swvl Latin America
Egypt Egypt's Educatly raises $1 million pre-Seed round Egypt-based edtech Educatly has raised a $1 million pre-Seed round from Falak Startups, Enterprise Island along with a group of... News • 17 November, 2021 Educatly EdTech Falak Startups
Saudi Arabia BLOMINVEST partners with Flat6Labs to fund Saudi startups Saudi Arabia-based asset manager BLOMINVEST has partnered with Egypt’s Flat6Labs to launch a fund targeting early-stage startups... News • 17 November, 2021 BLOMINVEST Flat6Labs
Saudi Arabia Rasan raises $24 million for its Tameeni insurance platform Saudi Arabia-based insurtech startup Rasan has raised SAR 90 million ($24 million) for its Tameeni platform in a round led by Impact46,... News • 17 November, 2021 Rasan Insurtech Fintech
U.A.E Nomod raises $3.4 million seed round at $50m valuation to accelerate growth UAE-based fintech Nomod, has raised a $3.4 million Seed round with participation from Y Combinator, Global Founders Capital Kingsway... News • 16 November, 2021 Nomod YCombinator
U.A.E Dubai-based Zofeur raises $500,000 Seed round Dubai-based ride-hailing startup Zofeur has announced it raised a $500,000 Seed funding round in May 2021, led by angel... News • 16 November, 2021 Zofeur Transportation Dubai
U.A.E Dubai launches Dh1 billion Future District Fund Dubai has launched a Dh1 billion ($272 million) Dubai Future District Fund to support Seed to growth-stage tech startups and encourage... News • 16 November, 2021 Dubai Future District Fund
U.A.E Tarjama raises investment from Amethis to fuel global expansion Amethis, an investment fund focused on Africa and Mena has acquired a minority stake in UAE-based Tarjama. Founded in... News • 16 November, 2021 Tarjama Amethis
U.A.E SDF to pour $150 million into local, international VC investments The UAE’s Strategic Development Fund (SDF), the investment arm of Tawazun Holding, has allocated $150 million (DH551.2 million) to... News • 16 November, 2021 Strategic Development Fund SDF Tawazun
Egypt Fintech KIWE closes first financing round led by dfin Holding Egypt-based fintech KIWE has raised its first investment round, led by dfin Holding with participation from EFG Hermes, Marakez for... News • 16 November, 2021 Fintech money transfer
Jordan Jordan’s Abwaab raises $20 million Series A round Jordan-based e-learning platform Abwaab has raised $20 million in a Series A funding round, led by existing investor BECO Capital (UAE)... News • 15 November, 2021 abwaab EdTech BECO Capital
Egypt EdVentures invests $200,000 in Career 180 platform Cairo-based edtech platform Career 180 has raised $200,000 from EdVentures. Founded in 2016 by Mohamed Akmal and Shorouk Alaa Eldin,... News • 15 November, 2021 EdVentures Career 180
Egypt Egypt's edtech Tyro acquires Nafham Egypt-based online tutoring platform Tyro has acquired Nafham, an edtech startup focused on school curricula of Egypt, KSA, and... News • 15 November, 2021 nafham EdTech
U.A.E Wamda participates in Verity's $800,000 pre-Seed round UAE-based financial literacy startup Verity, has closed a $800,000 pre-Seed round, backed by regional venture capital firms,... Triska Hamid • 15 November, 2021 Verity Fintech financial literacy
Oman Oman’s Phaze Ventures launches $30 million fund to support early-stage startups Oman-based VC firm Phaze Ventures has launched its $30 million venture capital fund, targeting early-stage startups in Mena, Europe... News • 15 November, 2021 Oman Oman Technology Fund Phaze Ventures
