Funding
Tumodo raises $35 million from angel investors
Tumodo, a business travel platform founded in 2023, announced it has successfully raised $35 million in a pre-seed round co-led by MENA-focused angel investors. This funding will fuel the company̵...
Cargoz secures seed funding to expand into Saudi Arabia
Dubai-based logistics startup Cargoz has secured seed funding led by Nama Ventures with the participation of RAZ Holding, Innovest Properties, and key regional family offices and angels in the logisti...
Finnish startup Cactos raises over €26M
Cactos, a developer of smart energy storage systems, has raised over €26M worth of equity investments in its Cactos Fleet Finland Limited Partnership to finance the growth of its battery energy storag...
Saudi-based LAHINT raises 1 million riyal in pre-seed round
Saudi-based LAHINT, specializing in streamlining government procedures, has successfully closed a one-million Saudi Riyal investment round backed by angel investors in an innovative shift set to radic...
Egypt’s FriendyM raises $2 million to expand
In a step towards enhancing the role of technology and innovative smart solutions to facilitate the lives of citizens, FriendyM, the app that specializes in car management and maintenance and is the f...
Saudi startup Nawel secures $1 million in pre-seed funding
Saudi tech startup Nawel has successfully raised $1 million in a pre-seed funding round led by NOMD Holding, a prominent investment firm known for its support of innovative startups in the technology ...
Maalexi raises $3 million in pre-Series A funding led by Global Ventures
UAE-based dynamic risk management platform for SME agri-businesses, Maalexi announces the completion of its $3 million pre-Series A funding round was led exclusively by Global Ventures – MENA’s ...
Saudi HealthTech startup Clinicy secures Series A funding
Saudi Arabia’s pioneering healthcare technology startup, Clinicy, has successfully raised a significant seven-figure (USD) Series A funding round, led by Middle East Venture Partners (MEVP), str...
Winshot raises $615000 in seed funding
In a significant move for the Tunisian retail tech scene, Winshot, a promising startup with a focus on enhancing operational efficiency and consumer experiences, has successfully secured a six-figure ...