Funding
ZoodPay completes $38 million Series B funding
ZoodPay, the “Buy Now Pay Later” (BNPL) Super App has successfully completed a $38 million Series B fundraising, attracting significant attention from leading global investors. London based VC Sturgeo...
EDB signs a strategic agreement with Dubai IE to support SMEs and corporates in the UAE
Emirates Development Bank [EDB] has signed a strategic agreement with Dubai Industries & Exports [Dubai IE] to provide innovative financing and banking solutions to SMEs and corporates aimed at su...
Flat6Labs supported startups raise over $5,000,000 in follow-on funding
The 7th Cycle received over 200 applications from more than 50 countries which was then narrowed down to a final selection of 6 Startups that consisted of teams addressing problems with unique solutio...
BlinkApp raises a six-figure pre-Seed round
Cairo-based mobility risk assistance startup, BlinkApp has raised a six-figure pre-Seed round, led by investors located in UAE and KSA. BlinkApp aspires to have its technology installed on smartphones...
Wa’ed announces SAR 1.9 million venture capital in Qreeb
Wa’ed, the entrepreneurship arm of Aramco, has announced a SAR 1.9 million venture capital investment in Dammam-based Qreeb, a digital B2B e-procurement and facility management platform aiming to stre...
Educatly secures $1M in its pre-seed funding
EdTech platform Educatly announces that it closed Pre-seed funding for $1M with contributions from Enterprise Ireland, the Falak Startups and other Angel Investors. This pre-Seed round follows the lau...
Telgani raises $2.5M in its Pre-Series A round
Riyadh-based car rental & mobility solution, Telgani has successfully raised $2.5M (9.37M SAR) in its latest funding round. The Pre-Series A round led by Impact46 with participation from Nomw Capi...
CoinMENA secures $9.5M in its first seed funding round
Bahrain-headquartered CoinMENA has secured $9.5M in its first seed funding round, from top regional and international investors in the crypto and venture space, in a move to further dominate the MENA ...
Rabbit announces a new round of pre-seed funding of $11 million
Rabbit has announced a new round of pre-seed funding of $11 million—a record high for the Middle East & Africa regions. Participants from the international investor base include Global Founders Ca...