Funding
Intella raises $1 million seed financing round
Intella, MENA’s first real-time intelligence provider, has announced a $1 million seed financing round, led by Hala Ventures, with participation from Falak Startups, powered by the Egyptian Ministry o...
ON Market raises $215,000 from regional angel investors
ON Market, an e-grocery marketplace has successfully raised $215,000 from regional angel investors led by Yasser AlGhamdi. The funding will support the startup in expansion across major cities, Cairo,...
Edtech platform Baims raises $2.2 million
Founded in late 2017 by Yousef Alhusaini and Bader AlRasheed, Baims which stands for Big Aims, offers online tailored recorded courses for university students in Saudi Arabia, Kuwait, Bahrain and Jord...
Dailymealz raises $5 million pre-series A round
Dailymealz, a Riyadh-based food subscription app, has closed its SAR 20 million preseries A round with a strategic investment from Saudi Airlines Catering and participation from Hala ventures, MLM inv...
Darent raises $1 million in a pre-seed round
Darent, daily housing and property management platform raised $1 million in a pre-seed round led by Watheeq Proptech Venture with the participation of other investors.
Arib successfully raises $2.3M in its latest funding round
KSA-based FinTech and digital broker for personal loans in Saudi Arabia, Arib has successfully raised $2.3M in its latest funding round. The SEED round was led by Merak Capital, an investment firm foc...
Egypt’s national banks join hands to launch MEA focused fintech fund
Egypt’s largest national banks – Banque Misr, National Bank of Egypt, and Banque du Caire – and Global Ventures, a leading MEA-focused venture capital firm – announced the launch of ...
Flashy secures $400,000 pre-seed funding
Dubai based visual content SaaS platform, www.flashy.ae, the first sophisticated AI-powered content solution tailor-made for brands across MENA, has secured pre-seed funding with the support of region...
Riyadh-based C2C marketplace, Soum raises $4 million
Riyadh-based C2C marketplace, Soum has successfully raised $4 million in seed funding led by Outliers Venture Capital and Mazen Aljubeir. The round also included participation from Khwarizmi Ventures,...