Egypt Fawry invests in Sudan-based classifieds marketplace alsoug.com Fawry, Egypt’s leading provider of e-payments solutions and digital banking services, has acquired a minority stake in Sudan-based... News • 12 October, 2021 fawry Alsoug
Egypt GBarena raises six-figure pre-Series A funding Cairo-based esports and tournaments platform GBarena has raised a six-figure pre-Series A funding round, led by angel investors Ahmed... News • 12 October, 2021 Gbarena Gaming
Saudi Arabia Saudi Arabia’s OTO raises $3 million Seed funding Saudi Arabia-based SaaS startup OTO has raised a $3 million Seed round from MEVP & Derayah Capital. Founded in 2019 by... News • 11 October, 2021 OTO SAAS Shipping
Tunisia Q-commerce app Lamma raises funding from Orange Ventures Tunisia-based last-mile delivery Lamma has raised fresh investment from Orange Ventures. The amount raised is undisclosed. Founded by... News • 10 October, 2021 Lamma Orange Digital Ventures
Egypt Former Abbott VP Essam Abdelhady acquires stake in Nawah Scientific Former Vice President Middle East, Turkey, Africa and Pakistan (METAP) of Abbott Essam Abdelhadi has acquired a stake in Egypt-based... News • 10 October, 2021 Nawah Scientific Series A
Saudi Arabia Foodtech Siwar raises $7.5 million Series A round led by Seera Group Saudi Arabia-based food tech startup Siwar has raised SR28 million ($7.45 million) in a Series A round, led by travel and tourism... News • 07 October, 2021 Siwar Seera group
U.A.E AlgoDriven secures $2 million in Series A UAE-based automotive data platform AlgoDriven, has raised $2 million in a Series A round led by Global Ventures. Other investors... News • 07 October, 2021 mobility AlgoDriven Global Ventures
U.A.E Fetchr at risk of liquidation UAE-based last mile delivery company Fetchr, is at risk of liquidation according to a report from Bloomberg, citing a letter sent... News • 07 October, 2021 Fetchr
Egypt Sequence Ventures launches $31 million deeptech fund Venture capital firm Sequence Ventures has launched a new EGP500 million ($31 million) fund dubbed Egypt Deep-Tech. The fund plans to... News • 06 October, 2021 Sequence Ventures deeptech VC
Egypt Egypt’s insurtech Amenli raises $2.3 million Seed Egypt-based insurtech Amenli has raised a $2.3 million Seed round from GFC, P1 Ventures, Liquid2 Ventures, Anim Fund with Costanoa VC,... News • 06 October, 2021 Amenli YCombinator
Morocco Chari.ma raises $5 million Seed round Morocco-based fintech and B2B e-commerce Chari.ma has raised a $5 million Seed round at a valuation of $70 million, co-led by... News • 06 October, 2021 Chari.ma B2B e-commerce
Bahrain Bahrain’s Al Waha announces new investment in BY Venture Partners Bahrain’s Al Waha Fund of Funds (Al Waha) has announced a new investment in Mena-based BY Venture Partners (BY) which is targeting... News • 06 October, 2021 Al Waha Fund of Funds BY Venture Partners Venture Capital
U.A.E Wamda co-leads BitOasis $30 Million Series B round UAE-based cryptocurrency exchange BitOasis has raised $30 million in a Series B round co-led by Wamda and US-based VC Jump... Triska Hamid • 05 October, 2021 BitOasis crypto
Regional Noon.com to raise $2 billion over three to four years E-commerce platform Noon.com is receiving $2 billion in financing from investors including Saudi Arabia’s sovereign wealth fund... News • 04 October, 2021 Noon ecommerce
U.A.E Seez raises $5 million in pre-Series B UAE-based automative retail platform Seez has raised $5 million in a pre-Series B round from Nuwa Capital, Crealize, BY Venture... News • 04 October, 2021 mobility Seez
Bahrain Faceki raises pre-Seed round from Nama Ventures UAE-based digital biometrics platform Faceki has raised an undisclosed pre-Seed round from Nama Ventures. Founded in March 2020 by... News • 03 October, 2021 Nama Ventures
