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
Global Tribal Credit renews $150 million debt facility to expand to Saudi Arabia US-based fintech company, Tribal Credit, has renewed its $150 million debt facility from Partners for Growth (PFG), a global specialty... News • 16 October, 2023 Tribal credit
