Global Acasia Ventures launches office in Lagos Egypt’s Acasia Ventures, formerly Cairo Angels, has opened an office in Lagos, Nigera, in an effort to expand the firm’s... News • 14 June, 2023 Acasia Ventures
Global Nama Ventures invests in Nigerian startups, Messenger and Termii Saudi Arabia-based Nama Ventures led a pre-Seed round for Nigeria’s logistics startup, Messenger, and participated in a $3.6 million... News • 13 June, 2023 Nama Ventures
Egypt Logistics startup Trella raises $3.5 million from Avanz Capital Egypt Egypt’s marketplace for trucks, Trella, has raised $3.5 million from newly-launched private equity fund Avanz Capital Egypt. The... News • 12 June, 2023 Trella
Saudi Arabia First cohort of ten startups graduates from Flat6Labs Riyadh accelerator programme Ten startups have graduated from the Flat6Labs Riyadh accelerator programme’s first batch, with each receiving $133,000 (SAR... News • 12 June, 2023 Fla6tlabs Riyadh accelerator programme
Egypt The Greek Campus merges with MQR The Greek Campus has announced a merger with MQR, a facilities management services provider. This merger will enable both parties to... Dunya Hassanein • 12 June, 2023 Greek Campus MQR
U.A.E NymCard acquires Spotii UAE-based fintech NymCard has acquired Spotii, a buy now pay later startup that was initially acquired by Australia's... News • 12 June, 2023 Spotii NymCard Exit
Oman Oman’s byanat secures Seed round Oman-based SaaS startup byanat has raised an undisclosed Seed funding round with contributions from 500 Global, Sanabil Investments,... News • 11 June, 2023 byanat SAAS 500 Global
Regional Google launches cleantech accelerator programme for startups in MEA Google has announced the launch of a cleantech accelerator programme aimed at startups from across the Middle East and Africa. The... News • 07 June, 2023 Google
Egypt Egypt’s Rology acquires Saudi Arabia-based Arkan United Egypt-based healthtech Rology has acquired Saudi Arabian counterpart Arkan United. The value of the transaction was not disclosed. The... News • 06 June, 2023 Rology
Saudi Arabia Autobia raises $2.5 million Seed round Saudi Arabia-based B2B automotive platform Autobia has closed a $2.5 million Seed funding round, led by Sadu Capital and supported by... News • 06 June, 2023 Autobia Sadu Capital Wa'ed Vnetures
Saudi Arabia Floranow acquires Saudi Arabia's Bloomax UAE-based B2B floral marketplace Floranow has fully acquired KSA’s wholesale distributor of fresh-cut flowers Bloomax, with the... News • 05 June, 2023 Floranow Bloomax
Oman Oman’s Sharakah joins Beehive’s board as new investor Oman-based SME developer company Sharakah has come on board with UAE-based fintech Beehive as a new investor. The new partnership will... News • 01 June, 2023 beehive Sharakah
Saudi Arabia Women in Tech programme awards $50,000 to three Saudi female-led startups Three Saudi Arabia-based female-led startups have been awarded $50,000 in equity-free cash rewards, as part of the Standard Chartered... News • 01 June, 2023 women in tech Falak investment hub Standard Chartered
Libya UNDP launches Deraya initiative to boost Libyan ecosystem The Libyan government and United Nations Development Programme (UNDP), in collaboration with the European Union and the African... News • 31 May, 2023 Deraya undp Flat6Labs
U.A.E Tabby closes new round, upsizes debt facility to $350 million UAE-based fintech Tabby has upsized its debt facility to $350 million after closing a new financing round led by San Francisco-based... News • 31 May, 2023 Tabby Fintech BNPL
Morocco Moroccan healthtech DataPathology raises $1 million from Azur Innovation Fund Morocco-based healthtech startup DataPathology has raised $1 million from Azur Innovation Fund. Founded in 2020 by Mohammed El... News • 30 May, 2023 Azur Innovation Fund
