Funding

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-...

Bosta raises new investment to expand into Saudi Arabia

Leading logistics company, Bosta has just announced the opening of its first office in Riyadh, Saudi Arabia as the company plans to expand its operations and offer its services across the Middle East ...

Dukkantek raises $5.2 million to facilitate expansion of its operation across the GCC

Dukkantek has raised $5.2 million to facilitate expansion of its operations across the GCC. This first round of fundraising will allow the innovative company to continually improve its technology stac...