U.A.E Hub71 raises more than $50m for startups in two years Abu Dhabi’s global tech ecosystem, Hub71, raised Dh185 million ($50.4m) in capital for its community of startups since its launch in... News • 10 February, 2021 entrepreneurship tech hub Hub71
Egypt MAIN, GIZ launch set of free-standard legal documents for investors and early-stage founders In partnership with the German Development Cooperation implemented by GIZ Egypt (GIZ), The Middle East Angel Investment Network (MAIN), led... Dunya Hassanein • 09 February, 2021 CairoAngles MAIN GIZ
U.A.E UAE-based angel investors invest in India-based Siply's $1 million seed round Source: YourStory Bengaluru-based micro-savings fintech platform, Siply, on Monday announced that it has raised $1 million in a... News • 09 February, 2021 Siply UAE angel investors
U.A.E Creative Zone acquires stake in MySyara Dubai-based business setup advisory firm Creative Zone, has revealed that it was one of the investors in MySyara's $650,000 investment... News • 08 February, 2021 MySyara automotive Creative Zone
Global QIA invests $100 million in India-based VerSe Innovation Source: YourStory Local language tech platform VerSe Innovation, which is the parent company of news aggregator Dailyhunt and... News • 08 February, 2021 VerSe innovation Video On Demand Qatar Investment Authority
Egypt Sakneen raises $1.1 million seed round Egypt-based property technology (proptech) platform Sakneen, has raised a $1.1 million seed funding round led by Algebra Ventures with... News • 08 February, 2021 Sakneen seed round Proptech
U.A.E ONE MOTO secures seven-figure investment Electric motorcycle and e-bike startup ONE MOTO, has raised a bridge round, via crowdfunding platform Eureeca. The investment was led by... News • 07 February, 2021 mobility Electric vehicles One Moto
Saudi Arabia Azom raises $9.5 million Series A Saudi Arabia-based B2B electronics marketplace Azom, has raised a $9.5 million (SAR 36 million) Series A funding round from Assr... Dunya Hassanein • 04 February, 2021 Assraljawal Azom Electronics marketplaces
Bahrain Al Zayani Investments Group launches a venture capital fund Bahrain-based Al Zayani Investments Group has launched the Al Zayani venture capital (VC) fund, targeting local and regional... News • 04 February, 2021 Al Zayani Investments Group Bahraini ecosystem
Jordan Jordan Tourism Board, Venture X launch tourism startup accelerator Source: Trade Arabia The Jordan Tourism Board (JTB) has signed a memorandum of understanding (MoU) with Venture X to create a strategic... News • 04 February, 2021 Tourism Covid19 amman
Bahrain Unipal raises six-figure seed round Bahrain-based Unipal, has raised a six-figure seed round, led by Oqal with participation from other angel investors. The startup secured... Dunya Hassanein • 03 February, 2021 Unipal Tenmou Oqal
U.A.E MySyara secures $650,000 in pre-Series A round Dubai-based online automotive platform, MySyara, has secured a $650,000 pre-series A funding round. The investment was facilitated by JRC... News • 03 February, 2021 MySyara automotive Investment
Egypt DilenyTech raises $160,000 Source: WAYA Egypt-based healthtech startup Dileny Technologies (DilenyTech) LLC secured a $160,00 non-equity grant. The fund will be... News • 03 February, 2021 Dilney tech healthtech Breast cancer
U.A.E STARZPLAY raises $25 million in debt financing UAE-based subscription and on-demand video service (SVOD) STARZPLAY, has secured a $25 million debt financing round from Abu Dhabi-based... News • 03 February, 2021 STARZPLAY on-demand video service Ruya Partners
U.A.E Dubai launches digital platform to simplify startup process Source: Gulf News On Tuesday, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Prime Minister and Vice President of the UAE and Ruler... News • 03 February, 2021 Dubai
U.A.E Careem introduces commission-free model for UAE restaurants UAE-based super app Careem, has introduced a commission-free model for its restaurant partners in a step to relieve the economic impact of... Dunya Hassanein • 02 February, 2021 careem Food delivery commission-free model