Egypt OneOrder receives $6.5 million from Contact Factoring Egypt-based OneOrder, a B2B e-commerce startup catering to the restaurant and hospitality sector, has signed an investment agreement... News • 08 August, 2022 OneOrder
Saudi Arabia KABI acquires HR tech startup BLOOVO Saudi Arabia-based human resources (HR) consultancy firm KABI Technologies, has acquired AI-powered recruitment solutions provider... News • 08 August, 2022 HR tech
Bahrain Bahrain’s Faceki raises undisclosed Seed round from Tenmou Bahrain-based AI startup Faceki, has raised an undisclosed Seed round from Bahraini business angel network Tenmou. Founded in... News • 07 August, 2022 Tenmou Faceki AI
U.A.E Procurified raises $1.1 million Seed funding UAE-based construction bid management platform Procurified has raised a $ 1.1 million Seed Round, led by UAE-based Aditum Investment... News • 04 August, 2022 Procurified Aditum Investment Management
Saudi Arabia Barakah raises $300,000 pre-Seed round Saudi Arabia-based food delivery startup Barakah has secured $300,000 in a pre-Seed round from Alriyadah Investments. Founded in 2021... News • 03 August, 2022 Barakah Alriyadah Investments Food & Beverage
U.A.E BNPL Tabby secures $150 million credit facility UAE-based fintech Tabby, has secured $150 million in debt financing from Atalaya Capital Management and existing investor Partners for... News • 03 August, 2022 Tabby BNPL Fintech
Egypt SWVL suspends $100 million acquisition of UK’s Zeelo Dubai-headquartered transport and mobility solutions provider SWVL, has canceled the proposed acquisition of Zeelo, a... Dunya Hassanein • 01 August, 2022 Swvl
Egypt Homzmart raises $23 million pre-Series B round Egypt-based furniture and home supplies marketplace Homzmart, has raised a $23 million pre-Series B round from STV, Impact46, Outliers... News • 01 August, 2022 Homzmart
Kuwait Kuwait’s Teeela raises $3.75 million pre-Series A Kuwait-based gifting platform Teeela, has raised $3.75 million in a pre-Series A funding round, led by Saudi Arabian investment firm... News • 01 August, 2022 Teeela Wealth Well gift marketplace
Egypt Openner launches Web3-focused Qurious Labs Egypt-based VC firm Openner has launched Qurious Labs, a Web3-focused venture studio, to help develop markets and aid them to access the... News • 31 July, 2022 Openner Qurious Labs Web 3.0
U.A.E Enhance Ventures launches $30 million Builders Fund UAE and Saudi Arabia-based venture studio Enhance Ventures, has launched a $30 million Builders Fund, which will invest in the... News • 28 July, 2022 Enhance Ventures Builders Fund MENAPT
U.A.E Artifi raises $3.26 million in investment UAE-based blockchain NFT ecosystem Artfi, has received funds worth $3.26 million at a valuation of $100 million from Sheikha Hend Al... News • 28 July, 2022 NFT Artifi Blockchain
U.A.E ChatFood raises $3 million bridge round led by Antler UAE-based foodtech ChatFood, has announced a bridge round of $3 million led by Antler with a reserved amount for key strategic Saudi... News • 27 July, 2022 ChatFood Antler foodtech
Egypt Egypt’s fashion marketplace TFK closes $2.6 million Seed round Egypt-based fashion marketplace The Fashion Kingdom (TFK), has raised a $2.6 million Seed funding round, co-led by CVentures and A15,... News • 26 July, 2022 TFK The Fashion Kingdom Cventures
Kuwait All Over Group’s Khaled Al Refaai acquires 25 pre cent of Blockat for $3.6 million Khaled Al Rafaai, CEO of Kuwait-based media production company All Over Group, has acquired 25 per cent of e-commerce platform Blockat,... News • 25 July, 2022 Blockat
Egypt Creative Dock acquires FoundersLane, plans to invest €100 million in Mena startups Berlin-based corporate venture builder FoundersLane, which was recently acquired by Creative Dock Group (CDG), has expanded its operations... Dunya Hassanein • 25 July, 2022 FoundersLane MNT-Halan
