Funding

WEMA Health secures a seed investment of USD 3.5M

WEMA Health, a new digital health start-up, launches in the UAE with the announcement of a seed investment of USD 3.5M, incubated under Europe’s largest digital health company, Dawn Health. Founded in...

Jordian investment fund, ISSF invests in Gamiphy

The Innovative Startups and SMEs Fund (ISSF) – the largest investment fund of its kind in Jordan – has announced a direct investment of $ 250,000 in Gamiphy; an eCommerce-growth platform t...

Cartlow raises $18 million in Series A

Cartlow, the leading reverse logistics platform in UAE and KSA, has raised $18 million in Series A round. This investment will provide Cartlow with the ability to further expand its operations and ser...

KOI Ride secures a $3 million investment

B2B ride-hailing services startup KOI Ride has closed a $3 million round with investment from CEG Invest and Taurus Wealth Financial Advisors (DIFC). Along with the equity raise of $3 million, the sta...

SmartCrowd closes a bridge round in excess of USD $ 3 million

SmartCrowd, Dubai’s innovative real estate crowdfunding platform, which allows individuals investors to take a “fractional” share in a rental property, has grown its investor base ne...

Al Waha Fund of Funds announces its participation in LionBird III

Al Waha Fund of Funds today announced its participation in LionBird III, an $85 million digital health-focused fund. Al Waha Fund is partnering with LionBird based on the team’s track record of ...

HyperPay successfully raises $36.7 million in a funding round led by Mastercard

KSA-based and MENA servicing payments services provider HyperPay has successfully raised $36.7 million (SAR 138 million) in a funding round led by Mastercard with investments from Amwal Capital Partne...

Ogram raises $3 million to expand into Saudi Arabia and Europe

Ogram, the region’s first digital on-demand staffing platform has announced a $3 million Series A funding round, led by Modus Capital and Aditum Investment Management. Dtec Ventures, the investm...

Kenyan startup, Zuri Health raises $1.3m in pre seed round

Zuri Health, the digital healthcare company announced that it has completed a pre seed funding round attracting $1.3 million of investment from DOB Equity, Launch Africa and Founders Factory Africa to...

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