Saudi Arabia and UAE Dominate MENA Startup Funding, Securing $328M in September
According to research by Rasmal, Saudi Arabia and the UAE led MENA startup funding in September, raising a combined $328.3…
Tag: startup ecosystem
Quantum of Saudi Arabia secures investment from HearstLab
Saudi Arabian adtech company Quantum has raised funds as part of its $7 million Pre-Series A round, with investment from…
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,…
Podeo secures $5.4 million in Series A funding
Podeo Raises $5.4 Million to Fuel Global Expansion Podeo, a UAE-based podcast distribution platform, has secured $5.4 million in Series…
Kuwait’s Bazzar Gate obtains $1 million in funding
Kuwait-based e-commerce startup Bazzar Gate has raised $1 million from undisclosed investors. Founded by Mohammad AlMutawa in 2020, the company…
Coral in the UAE secures $3 million in Seed funding
UAE-based climate tech startup, Coral, has successfully secured $3 million in Seed funding, led by a group of experienced investors.…
Corporate Venture Capital: The Safety Net for Innovation When Traditional Investment Falls Through
If one were to believe the massive growth of e-commerce platforms and startups in the MENA region over the last…
Saudi MobilityTech Startup Shift Secures $82.8 Million in Funding
Saudi Arabia-based mobility solutions startup, Shift, has secured $82.8 million (SAR 310.8 million) in funding from Riyadh’s Merak Capital. The…
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.…
Sira members generate $3.2 million in value in just two years
Jordan-based business community Sira has announced that its 90 members have collectively generated $3.2 million in value within the first…
Plain Tiger secures undisclosed funding from COREangelsMEA
COREangelsMEA, a part of the global COREangels International network, has announced an investment in Plain Tiger, an innovative B2B marketplace…
Egyptian EdTech Startup Farid Raises $250,000 in Pre-Seed Funding
Egyptian edtech startup Farid has successfully raised $250,000 in a pre-seed funding round, with the investment coming from Saudi entrepreneur…
Unlocking Innovation in MENA: Are Policies & Investment Regulations Paving the Way or Blocking the Road?
That moment when you had a brilliant idea—an idea that could change the game, solve a problem, or maybe even…
Egyptian Entrepreneurs Unveil $42 Million NextEra to Revolutionize the Education Sector
A coalition of EYouth and prominent Egyptian businessmen, including Mohamed Farouk, Ahmed Tarek, Mustafa Abd Ellatif, and Mokhtar Ahmed, has…
Seez secures $4.2 million to accelerate expansion plans in the US
Seez, a UAE-based automotive SaaS startup, has successfully raised $4.2 million from a group of international investors. Founded in 2015…
Sultan Ventures purchases Acasia Group to strengthen its presence in the MENA region
Sultan Ventures, a U.S.-based venture capital firm, has acquired Egypt’s angel investment syndicate and incubator, Acasia Group, for an undisclosed…