Funding
Egyptian B2B e-commerce platform Cartona raises $8.1 million
Cartona, the pioneering B2B platform that is revolutionizing Egypt’s traditional trade market, catering to a diverse range of stakeholders including mom-and-pop stores, hotels, restaurants, cafes, F...
Intelmatix secures $20 million largest AI Series A round in the region
Intelmatix, a leading deep-tech AI company, announced today the successful closure of a $20 million Series A funding round. This round, led by Shorooq Partners, attracted investments from public and p...
Educatly secures $2.5 million funding led by TLcom Capital and Plus VC
Educatly has secured a new funding round of $2.5 million, led by TLcom Capital and Plus VC. The round also saw participation from Egypt Venture (Egypt) and the HBAN syndicate (Ireland). The funding is...
UAE-based startup, Verbatica raises $700,000 from angel investors
UAE-based startup, Verbatica, is developing a next-generation educational platform for learning English and Arabic, and has raised $700,000 in angel investments. These funds will allow the company to ...
Watermelon Ecosystem secures $4 million in Series A funding
Watermelon Ecosystem, a fast-growing startup revolutionizing the F&B industry, announces the successful closure of its $4 million Series A funding round, placing the new investors at a 13.8% capit...
Pathfinder attracts $325 million investment from Silver Rock Group
Pathfinder, a leader in pioneering retail technology solutions, announced an investment of $325 million from Silver Rock Group. This equity line of credit coincides with Pathfinder’s upcoming NA...
Mamo raises $3.4mln to enhance financial services for SMEs
Mamo, a UAE-based fintech company, has achieved a significant milestone by successfully completing a substantial $3.4 million funding round. This infusion of additional funds will play a pivotal role ...
Zyp Technologies raises $1.5 million in Pre-A Series led by Shorooq Partners
Zyp Technologies has raised $1.5M in Series Pre-A funding led by Shorooq Partners to enable a city-wide launch of Zyp’s electric smart mobility technologies in Lahore, Pakistan, marking a pivotal step...
Vectara secures $25 million Series A funding
Vectara, the trusted Generative AI product platform, has closed a $25 million Series A round led by FPV Ventures and Race Capital. Additional investors include Alumni Ventures, WVV Capital, Samsung Ne...