Wamda
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...
FabricAID secures $1.6 million Seed funding round
FabricAID announces today the finalization of its $1.6 million Seed funding round through investments by Wamda and Alfanar. FabricAID has raised a total of $2.1 million since its inception, and has mu...
55% founders rate ‘raising investment’ as the prime stress
EMPWR is an exclusive mental health partner for WAMDA and Microsoft for startups, to create and publish a research report on the mental health challenges and wellbeing of entrepreneurs due to Covid-19...
FlexxPay raises $3m in pre-series A round
FlexxPay, a leading Shari’a compliant employee benefit platform has raised USD 3 million in a pre-series A round. The round was joined by leading international and regional investors including JIMCO, ...
Golden Scent receives second round of investments
Golden Scent, the leading Saudi e-commerce beauty platform, announced the closing of a new round of investments from its current funders within a record 12-month period. The company attributes this ne...
Wamda launches programme for budding entrepreneurs
Wamda announced that it has launched a first-of-its-kind fellowship programme for the region’s most aspiring entrepreneurs, Wamda X that will offers each Fellow a grant of $16,000 along with in-kind s...
Intigral launches MENA’s first comprehensive digital idea incubator AFKAR.me
Intigral, MENA’s leading digital hub, has today launched AFKAR.me, the region’s first full-spectrum digital sector start-up and entrepreneur incubator.