Funding
MENA region attracts funding of $2.87 billion in 2021
According to a latest study by Wamda, the year 2021 saw several records broken that included the largest funding round to date, the highest number of deals, and the arrival of Softbank and Sequoia Cap...
GRAID Technology secures $15M in Series A Funding
GRAID Technology announced today that it has secured a $15 million Series A funding round, led by Capital TEN. Additional investors include Cathay Venture Inc., China Investment & Development Comp...
Deliverect raises $150 million in Series D funding
Deliverect, a global scale-up that simplifies online ordering for more than 20,000 locations across 40 markets, has secured more than $150 million in Series D funding.
HeyCharge raises $4.7M in seed funding round
HeyCharge announced that the company has closed a $4.7M seed funding round and the company believes that with BMW i Ventures as their lead investor, it will bring strong automotive industry credential...
Orcas raises $2.1 million in its latest funding round
Egyptian live learning edtech startup, Orcas, has raised $2.1 million in its latest funding round co-led by CIRA’s NFX Ventures, and Access Bridge Ventures. This pre-series A round recorded participat...
SimpliFi seals $5.1 million in funding
SimpliFi, a Cards as a Service (CaaS) platform for MENA and Pakistan, has raised $5.1 million in funding to accelerate its expansion across the region following its beta launch in August 2021.
Foodlink raises $8 million in its Series B funding round
Foodlink, the market leader of the luxury catering and banqueting space in India and UAE, has raised $8 million in its Series B funding round led by Arpit Khandelwal, Managing Partner, Plutus Wealth M...
Egypt’s Breadfast secures $26 million in Series A round
Egypt’s leading grocery delivery platform, Breadfast today announced that it has secured $26 million in a Series A round, co-led by Vostok New Ventures and Endure Capital. The round included participa...
Jordanian AI startup, Xina AI raises $ 1 million in seed round
Xina AI, an Arabic Conversational AI platform that automates customer support queries, announced today it has raised $1 million in the Seed round. The investment is to support expansion across the reg...