Funding
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,...
Eikonikos raises $2 million in pre-seed funding by angel investors
Eikonikos, an open-world metaverse start-up, has raised $2 million in pre-seed funding by angel investors. Eikonikos envisions to create an open metaverse platform that is owned by Web3 followers, dev...
QFIL Solutions raises US $ 1 million in pre-seed investment
QFIL Solutions – a premium Fin-Tech provider specialised in AI-driven Fin-Tech solutions – has raised US $1 million in pre-seed investment. QFIL Solutions’ leading-edge AI engines, apps, and web platf...
Qawafel secures $3 million in its first investment round
Saudi Arabia’s Qawafel, a B2B marketplace simplifying trade between buyers and suppliers of perishable food products across the Kingdom, has closed its first investment round (Seed) of $3 million, co-...