News Inc.Arabia Staff Syarah Raises $60 Million in Series C Round The round was led by Artal Capital through the Artal Growth Opportunities Fund.
News Inc.Arabia Staff Hulexo Secures Seed Funding from Arzan VC for Expansion Founded in 2021 by Huzaifa Hameed, Ibrahim Al Rachdi, and Marwin Favila, Hulexo offers customized ERP solutions for small and medium-sized retail stores.
News Inc.Arabia Staff Thakaa Med Secures Seed Investment from Falak Angel Network The company did not disclose the amount of the investment.
News Inc.Arabia Staff Abu Dhabi-Based Verofax Secures $3 Million in Bridge Funding Founded in 2019, Verofax's clients include Anheuser Busch Inc. and Emirates Airlines, with applications in retail, tourism, and sports.
News Inc.Arabia Staff Egyptian Startups Raised $88.7 Million in H1 2024 The Entlaq report rated Egypt's venture capital financing at 2.81, suggesting there is room for growth.
News Inc.Arabia Staff TDF Celebrates First Cohort of Grow Accelerator Program The event, which included a demo day and exhibition, brought together investment pioneers, entrepreneurs, media representatives, and key tourism stakeholders.
News Inc.Arabia Staff Wasoko and MaxAB Finalize Merger Founded by Daniel Yu in 2013, Wasoko is the biggest e-commerce platform catering to independent retailers in Sub-Saharan Africa.
News Inc.Arabia Staff UAE's myco Raises $10 Million in Series A Funding Round The capital was raised at a post-money valuation of $80 million, with Daman Investments and Republic Crypto serving as key advisors.
News Inc.Arabia Staff Tenmou Invests in Bahrain Startups Tajweed and Travilege Tenmou aims to drive venture investment in Bahrain's technology sector and support local startups.
Startup Inc.Arabia Staff Powder Beauty Secures Pre-series A Funding to Expand in KSA Powder Beauty was founded in 2018 by Ayat Toufeeq, Amina Grimen, and Marriam Mossall.
Startup Inc.Arabia Staff 10 Lessons in Innovation Thinking to Fast-Track Your Business. In this era of rapid change, stable and repeatable processes do not ensure long-term success.
News Inc.Arabia Staff NoorNation Receives Undisclosed Investment from KBW Ventures This is KBW Ventures’ first investment in an Egyptian startup.
News Inc.Arabia Staff HeroGo Secures Undisclosed Funding from AngelSpark HeroGo recently completed Oraseya Capital’s Sandbox program, receiving a diploma earlier this month.
News Inc.Arabia Staff Asas Nets $320,000 in Pre-seed Funding for Resquad AI The funding round was led by angel investor Abdulrazzaq Mohammed Al-Ansari.
News Inc.Arabia Staff Resal Secures $9 Million in New Funding Founded in 2018, Resal initially launched as a digital gifting platform before shifting in 2021 to focus on digital prepaid cards, rewards, and loyalty solutions.
News Inc.Arabia Staff Mithu Raises $500,000 in Pre-seed Funding The startup was founded in early 2024 by Mohsin Qureshi and Asif Ali.
News Inc.Arabia Staff Yalla Plus Raises $2.7 Million in Seed Round Yalla Plus was founded in 2022 by Abdullah Alrabeh and Bader Alnasser.
News Inc.Arabia Staff Kuwait’s Kem Nets $3 Million Investment from Tether Kem is a P2P payment platform in Kuwait that allows users to send money using a QR code.
News Inc.Arabia Staff Yuze Secures $30 Million Investment for Regional Expansion The investment will support Yuze’s expansion into new markets.
News Inc.Arabia Staff UAE’s MealPlanet Concludes $6 Million Seed Round The funds will support the company's regional expansion, beginning with Saudi Arabia in early 2025.
News Inc.Arabia Staff MENA Startups Secures $355 Million in July 2024 Egypt was the top performer securing $185 million across seven deals.
News Inc.Arabia Staff Saudi Healthtech Firm Athir Secures First Investment Round The company offers a system that includes healthcare management, revenue management, and medical insurance systems.
News Inc.Arabia Staff Tunisian 216 Capital Invests in US-based eSteps The startup, originally a university research project led by Nidhal Louhichi at the University of Bologna, developed a smart insole that detects early signs of neurodegenerative diseases.
News Inc.Arabia Staff Saudi TWLM Secures $270,000 Investment for Expansion TWLM plans to use the new funds to expand its service across Saudi Arabia.
News Inc.Arabia Staff Applications Open for Google for Startups Accelerator The accelerator program includes 10-15 startups working together to address specific technical challenges.
News Inc.Arabia Staff Oraseya Capital Invests in Seven Tech Startups Seven technology startups received investments of AED 570,000 ($150,000) each from Oraseya Capital after completing the program, which attracted over 1,500 applications.
News Inc.Arabia Staff Qardy Secures Pre-seed Funding to Boost MSME Lending The startup offers a wide range of tailored financial programs to support micro-, small, and medium-sized enterprises (MSMEs) with working capital and capital expansion needs.
News Inc.Arabia Staff UAE Startup Verbatica Raises $700K in Angel Investment Demo testing of the platform is set to begin on August 15th.
News Inc.Arabia Staff Synapse Analytics Bags $2 Million Investment for Expansion This funding follows a $2 million pre-series A round in 2022 led by Egypt Ventures along with other investors.
News Inc.Arabia Staff Egypt’s Cartona Raises $8.1 Million in Series A Extension Algebra Ventures led the investment, with Silicon Badia and the SANAD Fund for MSME also participating.
News Inc.Arabia Staff Intelmatix Bags $20Mn in Region's Largest AI Series A Round The funding, led by Shorooq Partners, attracted investments from public and private institutions.
News Inc.Arabia Staff Educatly Closes $2.5 Million Funding Round Educatly has a presence in key markets such as Egypt, Saudi Arabia, the UAE, Nigeria, Kenya, and Ireland.
Money Inc.Arabia Staff Edtech Corrsy Raises $500,000 in pre-seed funding The startup will use the funds to enhance education in the region.
News Inc.Arabia Staff Kemitt Expands into Saudi Arabia with New Funding Kemitt has launched a dedicated website for Saudi Arabia, offering over 25,000 SKUs.
News Inc.Arabia Staff OTO Raises $8 Million from Series A Funding OTO will use the funds to expand its operations in Saudi Arabia, the UAE, and Turkey.