Funding

Egyptian online auto parts marketplace, Mtor raises $2.8 million in pre-seed funding

Mtor, an Egyptian online marketplace for auto parts, has announced a $2.8 million pre-seed round led by Algebra Ventures, with participation from the Dutch Founders Fund (DFF), Aditum Ventures, LoftyI...

Nairobi-based Amini raises $4m in seed funding

Amini, a Nairobi-based climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has raised $4 million in a seed funding round. ...

Yabi raises $8m in seed funding round

Yabi has successfully raised $8 million in the seed funding round that also saw the participation of Al Wafra Al Thanya (Wafra II). The startup plans to use these funds to drive product development an...

Omani FoodTech startup KitchenomiKs raises $3.5mln for regional expansion

Oman’s leading FoodTech startup, KitchenomiKs, has raised $3.5 million in Seed and Pre-Series A funding to drive its regional expansion plans. Saudi Arabia is the company’s first target market, ...

CheckRewards secures $1.2 million investment from Mitgo Group

CheckRewards, an innovative cashback service fuelled by cutting-edge machine learning technology, is entering the MENA region. Backed by a $1.2 million investment from the Mitgo Group, CheckRewards is...

Fuse launches $10 million Grants Program to power Web3 innovation

Fuse Network recently unveiled its pioneering $10 million Web3 Business Grant Program, designed to support global businesses by providing essential funding and infrastructure for streamlined access to...

Raha closes round of pre-series A funding at $7mln

Raha, Kuwait’s fast-growing logistics tech company successfully completed its pre-Series A funding round led at $7mln by Soor Capital and PIF-backed Private Equity Fund, eWTP Arabia Capital. This late...

Salus secures $4.7 million in seed funding

Salus, the leading mental health platform, has successfully closed a seed investment round, securing $4.7 million in funding. This brings the total amount raised by Salus to over $5.5 million since it...

London-based cleantech startup Samudra Oceans secures £150,000

London-based cleantech startup Samudra Oceans has secured a £150,000 investment from the British Design Fund as part of a £800,000 pre-seed funding round for its technology that aims to positively imp...