Funding
Melltoo raises new round of funding co-led by Gobi Partners
Melltoo, an online liquidation marketplace closed an undisclosed Pre-A round that was co-led by multinational venture capital firm Gobi Partners to fuel its expansion in Saudi Arabia.
Egyptian B2B e-commerce startup MaxAB secures $6.2mln seed round
Egyptian B2B e-commerce marketplace, MaxAB has secured seed funding of $6.2 million, one of the largest ever seed rounds that was co-led by Beco Capital, 4DX Ventures, and Endure Capital, with partici...
Tech-startup RIZEK raises $1.5 million seed money in 45 minutes
RIZEK, a tech startup aimed at creating more jobs across the MENA region, has announced $1.5m in seed funding. The financing has come from some of the most prominent and high-profile investors in the ...
Falcon Network invests in six promising start-ups
Falcon Network, a group of emerging markets-based angel investors, have today announced the successful conclusion of their inaugural round with the completion of six investments
Jensen Matthews opens the seed round investment
The Dubai based agency is developing a ground-breaking technology targeted at solving the biggest challenges for the global PR industry and its relations with the media. The research has started at th...
Bahrain’s SINC in sync with investors to raise US$250,000
SINC, a Bahrain based Software-as-a-Service (SaaS) mobile platform that simplifies the management of a mobile workforce by operating timesheets, location tracking, staff scheduling, and job tracking, ...
Saudi Arabia’s online grocery platform Nana Direct raises US$6.6m
Saudi Arabia’s online grocery platform, Nana Direct serving 13 cities across the Kingdom has been able to raise US$6.6m and the series A funding was co-led by Middle East Venture Partners (MEVP)...
Brainly attracts $30m funding from Naspers
Brainly, the world’s largest peer-to-peer learning community for students, parents and teachers, has announced a new funding round of $30 million led by Naspers, with participation from Runa Capital a...
Germany Africa Business Forum to invest in African energy startups
The Germany Africa Business Forum e.V. (“GABF”), whose goal is to strengthen investment ties between Germany and Africa, announced it has, in collaboration with private partners from the energy indust...