Startup funding in the MENA region hits $1.3 billion in the first nine months of the year
Funding in Emerging Venture Markets (EVMs) dropped from $1.9 billion in Q2 to $1.4 billion in Q3, with MENA startups…
Category: Ecosystem
Agility Global invests in the third fund of Global Ventures
Agility Global Invests in MEA Startups Through Global Ventures’ Third Fund Agility Global, a Singapore-based multi-business operator and long-term investor,…
EPEAVC and USAID Sign Agreement to Enhance Venture Capital Investments in Egypt
Under a newly signed memorandum of understanding (MoU), the United States Agency for International Development (USAID) and the Egyptian Private…
Outside the Box – Unconventional Ways to Fund Your Startup!
In this era where innovation is accelerating, the search for non-traditional funding sources has become a pressing need for ambitious…
Winners of the 2024 Egypt’s Entrepreneur Awards revealed
Egypt’s Entrepreneur Awards (EEA) has successfully concluded its fourth edition, celebrating the achievements of 15 Egyptian startups across various sectors.…
London Business School Invites MENA Entrepreneurs to Participate in Competition
London Business School (LBS) has launched its third annual MENA Startup Competition for 2024, inviting entrepreneurs from the Middle East…
Lean Days of Funding for Startups in the Middle East and North Africa
Does the secret to life, lie in falling seven times and getting up eight, as the novelist Paulo Coelho said?…
Flat6Labs marks the graduation of the sixth cohort from the Amman Seed Program
Flat6Labs, a venture capital firm based in the MENA region, recently held a Demo Day to conclude the sixth cycle…
Cercli secures $4 million in seed funding to enhance its growth strategy
UAE-based HRtech startup Cercli has successfully secured $4 million in a Seed funding round, led by Afore Capital. Other participants…
Arzan VC backs Hulexo’s Seed funding round
UAE-based ERP provider Hulexo has secured an undisclosed amount in a Seed investment round from Arzan VC. Established in 2021,…
UAE firm Smart Zone facilitates the registration of more than 1,200 startups in the first half of 2024
In the first half of 2024, Smart Zone has proven to be a leading force in business setup within the…
FasterCapital Launches Special Funding Initiative for Emirati Women Entrepreneurs celebrating Emirati Women’s Day
Funding applications will be accepted during the period beginning August 28 and ending on September 30. A Dubai-based online incubator…
Myco achieves initial closure of Series A funding round with $10 million raised
UAE-based Web3 streaming platform, myco, has secured $10 million in the first close of its Series A funding round, reaching…
TDF Grow Accelerator Program Celebrates Inaugural Cohort’s Completion
Saudi Arabia’s Tourism Development Fund (TDF), the key driver of the country’s tourism sector, recently celebrated the inaugural cohort of…
Wasoko and MaxAB, two leading B2B e-commerce startups in Africa, have finalized their merger
Two of Africa’s leading B2B e-commerce platforms, Wasoko and MaxAB, have finalized their long-anticipated merger, according to TechCrunch. This all-stock…
Bahrain’s Tenmou Makes Strategic Investments in Tajweed and Travilege Startups
Tenmou, Bahrain’s pioneering angel investment firm, has recently invested in two promising Bahraini startups: Tajweed and Travilege. Founded by Salman…