seed round
Wafeq completes $3 million seed round
Wafeq has announced the completion of its $3 million seed round. The Dubai headquartered company’s seed round was led by Raed Ventures and saw participation from Wamda Capital, both of which are...
Letswork raises $2.1 million in seed round
Letswork, the Dubai-based subscription service and marketplace for on-demand workspaces, announced today it has raised a $2.1 million seed round. It is also soft launching in Riyadh, bringing its tota...
Qashio raises $10 million in the seed round
UAE-headquartered fintech Qashio has raised $10 million in a seed round, with participation from strategic international and regional investors to accelerate expansion into the Kingdom of Saudi Arabia...
Swftbox closes a seed round worth $2 million
Swftbox has closed a seed round worth $2 million. MENA Technology Fund led the funding, joined by Polymath Ventures, AirAngels and Ithraa Investment Company alongside strategic investors from the Unit...
Egyptian startup, CardoO attracts $660,000 in seed round
Egyptian startup, CardoO has managed to attract $660,000 in its seed investment round that was led by The Alexandria Angels and supported by Sofico Investments, angel investors from Saudi Arabia, and ...
Egypt’s SubsBase raises $2.4 million in seed round
SubsBase, the first and only subscription and recurring revenue management platform catering to the MENA region has announced it has successfully closed its seed round at $2.4 million.
School fees app, zenda, raises $9.4m seed round
zenda, MENA’s first fintech app for families has announced it has secured a $9.4m oversubscribed seed round. zenda currently addresses pain points around the payment of school fees – in particul...
Lawazem secures $1.3 million in seed round
Lawazem, an operational procurement company, has closed a seed deal totaling $1.3 million. The round was led by Merak Capital, a technology investment firm licensed by the Capital Market Authority of ...
Superbloom raises $3 million to develop mobile games
Superbloom, a game studio focused on building modernized lifestyle mobile games for women, today announced a $3 million seed round led by BITKRAFT Ventures with participation from 1Up Ventures and Joa...