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Startup Inc.Arabia Staff

FanZ Raises $1.5 Million in Pre-Seed Investment Round

In the 15 months since its launch, FanZ has managed to gain 2 million users.

Startup Inc.Arabia Staff

CAI Concierge AI Wraps Up New Investment Round

Established in 2023 by Alimhan Nurekenov, CAI Concierge AI offers AI-driven support solutions to enterprises, aiming to optimize processes and boost efficiency for business owners.

Startup Inc.Arabia Staff

MoneyHash Secures $4.5 Million in Seed Funding

MoneyHash is headquartered in New York City with a diverse team spanning nine countries globally.

Startup Inc.Arabia Staff

Hayi Secures Undisclosed Seed Round Funding

The capital raised will fuel the expansion of operations and extend the neighborhood platform's presence across new markets.

News Inc.Arabia Staff

Last Week in Funding (12-18 February)

Last week in funding is our weekly roundup of raises by startups in MENA and the GCC.

Startup Inc.Arabia Staff

inDrive Unveils Shortlist for Underdog Tech Award 2024

The Underdog Tech Award was launched in September last year to support successful technology startups overcoming challenges such as limited resources, funding constraints, and geographical limitations.

Startup Inc.Arabia Staff

Edtech Thiqa Tutoring Secures $300,000 Investment

Viewers can catch the next episode of Beban on February 21st, 2024, airing on various channels across the region.

Startup Inc.Arabia Staff

GameCentric Raises $1.5 Million in Funding

Looking ahead, GameCentric aims to triple its user base and double its array of game titles over the next two years.

Startup Inc.Arabia Staff

The Cloud Secures $12 Million in Series B Funding

The Cloud aims to expand its footprint to 8,000 locations by the end of 2027.

Startup Inc.Arabia Staff

Exverse Raises $3 Million Investment to Enhance Web3 Gaming

The funding round was led by investors including Cogitent Ventures, Cointelligence, and Moonrock Capital.

Startup Inc.Arabia Staff

Entlaq, Ninjacart Partner to Boost Agri-Startups in Egypt

​​​​​​​This collaboration aims to bolster promising farm-to-fork Agri startups in Egypt.

Startup Inc.Arabia Staff

Morocco's Logidoo Closes $1.55 Million Investment Round

In 2023, Logidoo embarked on an expansion plan, extending its franchise network to five African countries.

Startup Inc.Arabia Staff

UAE Fintech Startup Kema Secures $2 Million Pre-Seed Funding

Kema aims to digitize and streamline the intricate invoice-to-cash process, commonly referred to as accounts receivable.

Startup Inc.Arabia Staff

Saudi Proptech Rize Secures $2.9 Million in Seed Funding

The funds will fuel the startup growth and expansion plans.

Startup Inc.Arabia Staff

Dubai-Based AI Dubbing Platform CAMB.AI Raises $4 Million

This latest funding round is set to fuel CAMB.AI's growth. CAMB.AI boasts over 100 million views of its dubbed content.

Startup Inc.Arabia Staff

Kuwaiti Bookr Secures Undisclosed Bridge Round from Plus VC

The infusion of capital will bolster Bookr's proprietary capabilities, ramp up marketing endeavors and enrich user experience.

Startup Inc.Arabia Staff

Tunisian Cynoia Wraps Up $930,000 Funding Round

Since its inception, the startup has served over 3,000 users across nine different countries, underscoring the efficacy of its approach.

Startup Inc.Arabia Staff

UAE’s Boltable Studio Secures Funding from Chalhoub Group

Both firms are aiming to influence the virtual shopping experience.

Startup Inc.Arabia Staff

Saudi Anabolic Closes $9 Million Seed Round

The startup will use the funds to develop its technologies and accelerate its expansion in the Saudi market.

Startup Inc.Arabia Staff

PayTabs, Nearpay Partner to Boost Soft POS Payments

PayTabs, which has offices in Saudi Arabia and the UAE, processes transactions for merchants and super merchants in different currencies.

Startup Inc.Arabia Staff

Cognitiwe AI’s Secures $1.05 Million Funding Round

The funding was led by Flat6Labs among other VCs and angel investors.

Startup Inc.Arabia Staff

Saudi Madfu Closes $3.2 Pre-seed Round

The platform provides its services in accordance with Sharia controls without additional costs to customers.

Startup Inc.Arabia Staff

Hope Ventures Invests $500,000 in Omani Startup Innotech

The contech focuses on construction automation and decreasing of carbon emissions in the industrial process.

Startup Inc.Arabia Staff

Egyptian EdTech Edura Closes Pre-Seed Funding

The recently acquired investment will support the startup in expanding its reach.

News Inc.Arabia Staff

Crealo Closes $1.42 Million Seed Round from 212 Founders

Also participating in the $1.42 million seed round are Kima Ventures, Evolem, and Super Capital, along with a group of business angels.

Startup Inc.Arabia Staff

Egyptian Beauty Startup Mira Secures $200,000 in Investments

Mira envisions a customer base of 100,000 clients by the close of 2024, anticipating a high demand for Mira's products, particularly among young girls.

News Inc.Arabia Staff

Saudi Wosul Clinches Best Innovative E-Payments Facility

In 2023, Wosul secured $3.2 million in a seed round led by Khalab’s company along with a group of angel investors in fintech and retail.

News Inc.Arabia Staff

Egypt’s Paymob Secures Fintech License in Oman

Paymob will accept and process online as well as in-store payments in Oman.

News Inc.Arabia Staff

UAEs’ Silkhaus Secures Multi-Million Pre-Series A Financing

This round is earmarked to fuel the company's expansion plans.

Startup Inc.Arabia Staff

How the UAE’s Nabta Is Promoting Female Wellness

In an interview with Inc. Arabia, Sophie Smith, co-founder and CEO of UAE-based femtech Nabta, talks about the challenges--and opportunities--of managing a femtech in MENA.

News Inc.Arabia Staff

Ezdehar Management Seals $10 Million for Stake in Yodawy

The Egyptian pharmatech has ambitious expansion plans.

Startup Inc.Arabia Staff

Rize.gg Closes $430,000 Pre-Seed Investment Round

The gaming startup empowers players through new methods of forming teams and training.

Startup Inc.Arabia Staff

Cargoz Secures Seed Funding for Regional Expansion

The startup aims to expand into Saudi Arabia in the first quarter (Q1) of 2024.

Startup Inc.Arabia Staff

FriendyM Car Maintenance App Rolls Out in Egypt

The APP is used in the UAE and KSA and is expanding in Cairo and Alexandria.

News Inc.Arabia Staff

Paymob and Tamara to Provide Payment Solutions for SMEs

The initial phase of the partnership will serve merchants in two major GCC economies: Saudi Arabia and the UAE.

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