Wamda

Regional

Startups in Mena raised $324 million in June 2022, propelling H1 to $1.7 billion

Startups in the Middle East and North Africa region (Mena) raised $323.7 million across 66 deals in June 2022, an 84 per cent increase in...

Investment Funding

Jordan

Flat6Labs launches $20 million Seed Fund in Jordan

Seed investor and accelerator Flat6labs, has launched a $20 million Seed Fund in Jordan to nurture the growth and development of...

Flat6Labs Funding Jordan

Saudi Arabia

Aramco’s Wa’ed signs agreement with Falak Investment Hub to increase Saudi startup funding

Saudi Arabia-based Falak Investment Hub has signed a memorandum of understanding (MoU) with Wa’ed, the entrepreneurship arm of...

StandUp Funding Saudi Arabia

Global

Hub71, Bpifrance set to unlock funding opportunities for startups

Source: WAM Hub71, Abu Dhabi’s global tech ecosystem powered by Mubadala Investment Company, has forged a strategic partnership...

Hub71 Bpifrance Funding

Saudi Arabia

Investment in Saudi-based startups record an all time high in 2019

The number of investments in Saudi-based startups amounted to 71 investments in 2019, an increase of 92 per cent from 2018, recording the...

saudi growth Funding

U.A.E

Lorryz raises $1.4 million in seed funding

Source: MenaBytes Dubai-based online freight marketplace Lorryz has raised $1.4 million in a seed round, it...

seed Funding freight

Saudi Arabia

Leap raises six figure seed funding

Source: MenaBytes Riyadh-based coffee pre-ordering startup Leap has raised six-figure (USD) seed funding, it...

seed Funding Coffee

Egypt

Wasla Browser raises $1 million in seed funding

Source: Venture Burn Wasla, a Cairo-based startup that has developed an incentivised mobile browser that rewards users with free mobile...

seed Funding Free

U.A.E

Fetchr raises $10 million in emergency funding

Source: Bloomberg Courier app Fetchr, once one of the Middle East’s largest startups, raised as much as $10 million in...

Dubai emergency Funding

Egypt

Jinni raises six-figure in funding

Source: MenaBytes Cairo-based cleaning services startup Jinni has raised six-figure (USD) investment from AUC Angels, the newly...

Egypt cleaning Funding

U.A.E

Invygo raises $1 million in seed funding

Source: MenaBytes Dubai-based car subscription startup Invygo has raised $1 million in a seed round, the startup announced in a...

car subscription seed

Saudi Arabia

Nala Raises $1 million in funding

Source: finsmes Nala, a Riyadh, Saudi Arabia-based digital health service, raised $1m in its first financing. The round was led...

digital Health Funding

Kuwait

Cofe raises seven figure Series A funding

Source: finsmes Cofe App, a Kuwait-based coffee-centric marketplace app, raised a seven figure Series A funding. The exact amount of...

Coffee Series A Funding

U.A.E

Almentor raises $4.5 million in series A funding

Source: Startup MGZN Dubai-based e-learning platform almentor.net has announced that it closed a $4.5 million Series A investment round...

E-Learning Funding Series A

U.A.E

Melltoo raises pre-Series A from China’s Gobi Partners

Dubai-based online marketplace Melltoo has announced an undisclosed pre-series A funding round co-led by China-based venture capital...

E-commerce Funding ksa

Kuwait

UPayments raises seed funding

Kuwait based online payment solutions provider UPayments announced that it has raised seed funding for an undisclosed sum from...

seed Funding e-payment

U.A.E

MidChains raises funding

Source: The National The venture capital arm of Mubadala Investment Company has taken a stake in MidChains, a company which recently...

Stake Funding crypto

Morocco

SOS Credit receives funding from SEAF Morocco Growth Fund

Source: Venture Burn SOS Credit, a Casablanca-based fintech startup, has received an undisclosed investment from the SEAF Morocco...

Fintech startup Funding

Bahrain

The Stories Studio secures $70,000

Source: Startup MGZN The Stories Studio, one of the graduates from Flat6Labs Bahrain’s First Cycle has officially...

Investment Funding storytelling

U.A.E

Dubai-based Jump The Q secures a Pre-seed funding round

Source: Magniit Jump the Q, a Dubai based tech startup has successfully secured a pre-seed funding round of an undisclosed amount from...

pre-Seed Funding tech

U.A.E

YaLLa Esports secures seed funding

Source: Startup MGZN YaLLa Esports, an esports organisation in the MENA region, has completed and secured a seed funding round from...

esports Funding Invesmtment

U.A.E

AWOK.com closes US$30 million series A funding

Source: Zawya The UAE mass market e-commerce platform AWOK.com- has closed its first external round of financing to pursue its...

E-commerce Funding Series A

U.A.E

Oliv raises $2 million in Series A

Oliv, the UAE-based careers platform connecting employers with young talent, has closed $2 million Series A funding round led by the...

Investment Funding round

Egypt

ArabyAds secures $6.5 million from Equitrust

ArabyAds, a performance marketing company, has raised $6.5 million in its Series A round from investment arm of Choueiri group Equitrust,...

Invesmtment Funding Marketing

Thought Leadership

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