Saudi Arabia NEOM launches investment arm NIF, announcing large investments in clean industries Saudi Arabia’s NEOM has launched its investment arm, the NEOM Investment Fund (NIF), aiming to support the buildout and... Nesma Abdel Azim • 25 October, 2023 NEOM NIF Regent
Saudi Arabia SVC invests $10 million in Ruya Private Capital I to back Saudi SMEs The private credit fund Ruya Private Capital I LP, run by Ruya Partners, has received a $10 million investment from Saudi Venture... News • 24 October, 2023 Ruya Private Capital I LP Ruya Partners SVC
Saudi Arabia Saudi proptech Ejari closes $1 million pre-Seed round Saudi Arabia-based proptech Ejari has closed a $1 million pre-Seed round, led by Sanabil 500 MENA and Hambro Perks' Oryx Fund, with... News • 24 October, 2023 Ejari Proptech Sanabil 500
Saudi Arabia Democrance raises investment from Wa’ed Ventures to fund Saudi expansion Democrance, a UAE-headquartered insurtech company, has raised a funding round from Wa’ed, the venture capital arm of Saudi Aramco.... News • 24 October, 2023 Wa’ed Ventures Democrance
U.A.E Neo Mobility secures $10 million Seed funding UAE-based electric vehicle (EV) last mile startup Neo Mobility has raised a $10 million Seed round from Delta Corp Holdings, Pyse... News • 24 October, 2023 Neo Mobility Last mile EV
U.A.E UAE proptech Keyper raises $6.5 million Seed round UAE-based proptech Keyper has raised a $6.5 million Seed round, led by Access Bridge Ventures and Vivium Holdings, with participation... News • 24 October, 2023 Keypey
U.A.E Nomad Homes raises $20 million Series A round UAE-based proptech Nomad Homes, has closed a $20 million Series A extension round, led by Acrew Capital. Founded in 2019 by Damien... News • 24 October, 2023 Nomad homes Proptech
U.A.E Belong raises $1.5 million pre-Series A round UAE-based social app Belong (formerly ASKWHO) has raised a $1.5 million pre-Series A round, bringing its total capital raised to $3.5... News • 23 October, 2023 Belong Social App
Saudi Arabia Core Vision acquires stake in the Chairman Group Saudi Arabia-based venture capital firm Core Vision has acquired a stake in The Chairman Group, a holding group with five diversified... News • 23 October, 2023 CoreVision
Tunisia Anava invests $5 million in Titan Seed Fund I to support Tunisian startups Tunisia’s Anava fund of funds, run by Smart Capital, has pledged a $5 million investment in the Titan Seed Fund I, which is... News • 23 October, 2023 Anava Titan Seed Fund I
Global Dubizzle Group sells Lamudi property portals in Philippines and Indonesia to focus on Mena UAE-based Dubizzle Group has announced the sale of its Lamudi property portals in the Philippines and Indonesia to Australia-based... News • 20 October, 2023 Dubizzle lamudi
U.A.E Cleantech Olive Gaea raises $1 million investment UAE-based cleantech Olive Gaea has secured $1 million in funding from Cornerstone Venture. Founded in 2021 by Vivek Tripathi, Olive... News • 19 October, 2023 Olive Gaea Cornerstone Venture Cleantech
Egypt Egyptian edtech Crafty Workshop raises $400,000 Seed from EdVentures Egypt-based edtech Crafty Workshop has secured $400,000 in a Seed funding round led by EdVentures. Founded in 2019 by Hadeer Shalaby... News • 19 October, 2023 Crafty Workshop EdVentures EdTech
Saudi Arabia Saudi fintech Takadao raises $1.6 million pre-Seed led by Draper Associates Saudi Arabia-based fintech Takadao has raised a $1.6 million pre-Seed round, led by Silicon Valley-based investor Tim Draper, along with... News • 19 October, 2023 Takadao Draper Associates Fintech
U.A.E XPANCEO raises $40 million Seed to launch AR contact lenses UAE-based deep tech startup XPANCEO, has raised a $40 million Seed round, led by Hong Kong-based Opportunity Ventures (Asia). Founded... News • 17 October, 2023 XPANCEO Deep-tech Opportunity Ventures
U.A.E HUB71 to offer startups up to $204,000 with new Incentive Programme Abu Dhabi's Hub71 has revamped its Incentive Programme to provide startups with up to $204,000 (AED750,000) in cash and in-kind... News • 16 October, 2023 Hub71 Incentive programme
