Regional Kitopi raises $300 million Series C round extension UAE-based cloud kitchen operator Kitopi, raised an additional $300 million in its Series C round late last year, extending the... News • 12 May, 2022 Kitopi
Egypt B2B marketplace Teegara raises undisclosed Bridge round Egypt-based e-commerce Teegara has raised an undisclosed bridge round, led by Alexandria Angel Network with the participation of... News • 12 May, 2022 Teegara Alexandria Angel Network E-commerce
Algeria Algeria Venture and AIF launch $10 million VC fund Algeria-based accelerator Algeria Venture (A-Venture) and the Algeria Investment Fund (AIF) have partnered to launch a VC fund targeting... News • 11 May, 2022 Algeria Venture Algeria Investment Fund VC fund
Egypt Startupper of the Year Challenge names its three winners Three Egyptian startups have been awarded EGP 140,000 ($7,600) each in funding, after being named winners of the third edition of the... News • 11 May, 2022 TotalEnergies
Egypt Mylerz closes $9.6 million round led by Lorax Capital Egypt-based last-mile delivery startup Mylerz has closed a $9.6 million round led by Lorax Capital Partners, with participation from... News • 11 May, 2022 Mylerz Lorax Capital fawry
U.A.E NewTribe Capital invests $5 million in NEAR Protocol UAE-based VC fund NewTribe Capital has invested $5 million in the San Francisco-based blockchain platform NEAR Protocol. Founded in... News • 10 May, 2022 NEAR Protocol NewTribe Capital
U.A.E Spades launches in UAE after raising $2.5 million UAE-based fintech Spades, has raised $2.5 million in investment from European angel investors, including Thibaud Elzière, Eduardo... News • 10 May, 2022 Spades Dine-in Payment
U.A.E BNPL Cashew raises $10 million investment from Mashreq UAE-based fintech Cashew has received a $10 million investment from UAE’s Mashreq, the Dubai bank controlled by the Al Ghurair... News • 09 May, 2022 Cashew Mashreq
U.A.E CE-Creates merges with hatch & boost in Mena’s first venture-builder merger UAE-based incubator CE-Creates, the business incubation platform of Crescent Enterprises, has completed the merger of hatch & boost,... News • 09 May, 2022 CE-Creates hatch & boost
Egypt Paymob raises $50 million Series B round Egypt-based fintech Paymob has raised $50 million in Series B funding, led by Kora Capital, PayPal Ventures, and Clay... News • 09 May, 2022 Paymob Fintech Kora Capital
Saudi Arabia Saudi discount platform Remmsh raises funding from Nama Ventures Saudi Arabia-based discount code platform Remmsh, has raised pre-Seed funding from Nama Ventures. The amount raised was not... News • 29 April, 2022 Nama Ventures
Global SWVL acquires UK's Zeelo for $100 million Dubai-based mobility startup SWVL, has acquired UK-based B2B smart buses operator startup Zeelo, in a deal valued at $100 million. This... News • 29 April, 2022 Swvl
Saudi Arabia Saudi logistics startup Mkhdoom raises $1.1 million Press release: Saudi Arabia-based logistics provider, Mkhdoom, has secured $1.1 million (SAR 4 million) in a Seed round led by Aljabr... News • 29 April, 2022 Logistics
U.A.E Fine Diner raises $150,000 in Seed round UAE-based foodtech Fine Diner has raised $150,000 in Seed funding from angel investors. Founded in 2019 by Sami Elayan, Saed... News • 28 April, 2022 foodtech cloud kitchen
Jordan Repzo raises $1.4 million Bridge round Jordan-based SaaS platform Repzo, has raised a $1.4 million bridge round, led by the Arab Palestinian Investment Company... News • 28 April, 2022 repzo SAAS
U.A.E Dubai launches $100 million debt fund to finance startups Dubai has launched a Dh370 million ($100.7 million) VC debt fund to finance startups and fuel their global expansion. The Venture Debt... News • 28 April, 2022 venture debt fund Dubai DIFC
