seed round

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...

Pluto raises $6 million in its seed round

Pluto, corporate spend management startup, raises $6m (AED 22M) in its seed round. The round was led by GFC, with participation from Adapt VC, Soma Capital, Graph Ventures and OldSlip group.

Pimloc raises $7.5m for visual AI that protects privacy

Pimloc has raised a seed round of $7.5M led by Zetta Venture Partners. Existing investors Amadeus Capital Partners and Speedinvest also participated. The commitment reflects investors’ belief that the...

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