Funding
ISSF invests $5 million in Middle East Venture Fund
The Innovative Startups and SMEs Fund (ISSF) – the largest investment fund of its kind in Jordan – announces an investment of USD 5 million in MEVF IV, a $150M Fund launched by Middle East Venture Par...
Abu Dhabi’s SDF invests in Dronamics
Dronamics, the world’s first cargo drone airline with license to operate in Europe, announced that it has raised a total of $40 million in pre-Series A funding from venture capital funds and angel inv...
Nadeera bags $200,000 investment on Beban TV show
Hope Ventures, the investment arm of Hope Fund, producers of Beban TV show and Kuwait’s Rasameel Investments are together co-investing $200,000 in UAE-based Nadeera.
Egyptia Ad-Tech Platform Gameball raises $3.5 million
Gameball, the all-in-one customer intelligence and marketing CRM platform for consumer brands, has announced the completion of a $3.5 million fundraise to accelerate its international expansion. A ros...
Omani startup AirGo raises $2.7 m to expand into Saudi Arabia
Omantel Accelerator-hosted startup AirGo has raised a $2.7 million seed round led by Forming Future to venture into growing Saudi Arabian market. AirGo is part of Cohort 2 of the Omantel Accelerator p...
Mobile Masr raises $500,000 in seed funding
MobileMasr raised $500,000 in a seed round from prominent angel investors in the UAE and Qatar in the media and telecom industry in partnership with Intercap Capital Investment Bank.
Tenami Capital invests $3 million in YOUGotAGift
Tenami Capital, a newly established revenue-based investment platform, announced the closing of its inaugural $3m investment in YOUGotAGift, the Middle East’s leading digital gift card marketplace.
European Investment Bank invests $27 million in the Middle East Venture Fund IV
The European Investment Bank, through its new dedicated development finance arm EIB Global, will provide $27 million participation in the $150 million Middle East Venture Fund IV. The new venture capi...
palm.hr raises $5m to transform HR tech and employee experiences in the region
Saudi Arabia based HR tech platform, palm.hr has announced the completion of a $5 million Pre-Series A round co-led by Speedinvest and RAED Ventures. With more than €1 billion AuM, Speedinvest is one ...