Wamda

Iraq

Iraqi Islamic Bank partners with MSA Novo to back startups in Iraq

Iraq Islamic Bank (IIB) has partnered with investment company MSA Novo, to launch a tech fund to invest in Iraqi startups and lead the...

Iraqi Islamic Bank MSA Novo iraq

Egypt

iFix raises investment from A15

Source: Ventureburn Cairo-based on-demand mobile phone repair startup iFix has raised an undisclosed investment from A15,...

investement A15

Regional

Top five VC deals in the second quarter of 2019

This quarter’s top five disclosed venture capital (VC) deals amounted to $99.1 million, with Egypt’s Swvl accounting for...

Series A series B Swvl

U.A.E

Tarjama raises $5 million in Series A

UAE-based language service provider Tarjama has raised $5 million in a Series A round. The investment was led by Saudi Arabia-based Anova...

Series A investement

U.A.E

CE-Ventures acquires stake in Transcorp

CE-Ventures, the corporate venture capital arm of UAE-based Crescent Enterprises, announced on Monday that it has acquired a...

investement Logistics

Regional

GCC fintech startups to attract $2 billion in investments

Private-funding investments in GCC-based financial technology (fintech) startups is expected to reach $2 billion in the next decade...

Fintech Fintech Hive investement

U.A.E

MEVP invests in online travel company Wego

MEVP, a leading venture capital firm focusing on the MENA invested in Wego, one of the largest online travel marketplaces across the MENA...

MEVP Wego investement

Lebanon

One lucky startup walks away with $50,000 from Speed@BDD’s fourth Demo Day

Speed@BDD, a Beirut-based tech startup accelerator, concluded yesterday its fourth acceleration program with a Demo Day. The accelerator is...

Speed@BDD Startups competition accelerator

Kuwait

Arzan VC announces a pre-seed funding platform

In an effort to help new entrepreneurs get their ideas off the ground, Kuwait’s Arzan VC recently announced plans to launch a...

seed startup online platform

Global

Investing for dummies: how to start investing in startups [Opinion]

Investing into startup companies is becoming more and more of a interest for a growing number of the wealthy. The reasons for this...

investement startups Funding

Lebanon

IM Capital invests in Bokja Design

Bokja Design Studio recently got funded by IM Capital and an angel investor (who preferred to stay anonymous). The [undisclosed] amount...

Bokja Design im capital investement

Regional

Startup Investments: The evolution of the MENA ecosystem in 2016 [Report]

Startup Investments: The evolution of the MENA ecosystem in 2016 [Report] from Wamda Research Lab 2016 was a booming year for i...

investement Report WRL

Global

Hello Tomorrow Global Summit #HTSummit

A perfect storm of good things. That’s what they call the Hello Tomorrow Global Summit, an intimate, invite-only forum that gathers...

Science Technology entrepreneurship

Lebanon

Brate raises $400K in seed funding

Lebanese startup Brate announced yesterday that it raised $400,000 in seed funding from a New York based angel...

brate Seed funding investement

U.A.E

Reserveout raises $4M Series A

Dubai-based Reserveout announced on Sunday that it has raised a Series A round of over $4 million led by regional VC firm Silicon...

announcement ReserveOut silicon badia

U.A.E

Twofour54 acquires a stake in online art marketplace Collectionair

Twofour54 announces its second investment this month. Abu Dhabi’s media and entertainment free zone Twofour54 has...

Collectionair DASH Ventures investement

Regional

MENA's year of money: 10 notable rounds of 2015

A big year for MENA startups. (Image via Wamda) 2015 was a rich one in terms of startup investment rounds. We’ve witnessed two $100 m...

2015 Roundup Deals Roundup

U.A.E

Mini Exchange secures over $1M in seed funding

Screenshot of MiniExchange for Eid sale. Mini Exchange, an outlet for childrens retailers' and an online marketplace for parents to buy...

Mini Exchange investement

U.A.E

Banking and insurance comparison startup Bayzat raises $1M led by BECO Capital

Bayzat, a UAE-based comparison site for health insurance services, banking products and car insurance has received a $1 million round...

Bayzat investement Funding

Palestine

Yamsafer secures $3.5M in series B funding led by Global Founders Capital

The world is your oyster. (Image via Yamsafer) Yamsafer, a Ramallah-based hotel booking platform servicing the Arab region, has announced...

series B Global Founders Capital investement

Pakistan

Pakistani job marketplace Naseeb Networks raises $6.5 million in Series C

The team behind Naseeb Networks. (Image via Naseeb Networks) Naseeb Networks, Pakistani parent company of Rozee.pk (in Pakistan) and...

Job listing Series C Monis Rahman

Global

The growing list of global VCs investing in MENA startups

Earlier this year we published an article about the reasons behind foreign VCs' increase interest in the Middle East. Here...

vostok new ventures New Enterprise Associates Goldman Sachs

U.A.E

Dubai’s The Luxury Closet secures $2.2m in VC funds

Dubai’s The Luxury Closet, an online platform buys and sells pre-owned luxury goods on consignment, has secured $2.2 million USD of its S...

Kunal Kapoor The Luxury Closet investement

Kuwait

Kuwait’s fund Arzan VC announces third investment of the year

Last time we checked with Arzan Venture Capital, Kuwait’s newest Series A fund, Managing Partner Hassan Zainal told Wamda that Arzan...

Arzan VC investement kuwait

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