Home Startup

Startup

Startup refers to new companies seeking to disrupt or innovate an industry using digital and technology.

Biwire team
Biware, the popular data management startup from Tunisia has announced that they’ve successfully managed to raise about $1.2M from CDC Gestion and Zitouna Capital. Biware works by providing technological SMB that supports other companies to use their data for strategic purposes and that’s not all. The purposes include increasing revenues,...
startup accelerator logo
Ranking Report for 2021 MENA Venture Investor revealed that in 2020, there was a decline in accelerator activity, with ​10%​ of all active investors being accelerators in MENA across all countries for its lowest level in five-years. This indicates a 29% ​reduction from the previous year. With 2020 bringing a...
e-finance logo
E-FINANCE for Digital and Financial Investments, the first fintech platform in Egypt of their offer up to 14.5% of its capital in an IPO and that’s not all. The offer also involves listing its shares on the EGX in the final quarter of this year. E-FINANCE has already claimed to...
koinz logo
Koinz develops technological tools to help assist different sizes of restaurants in the Middle East to speedily increase profit via rewarding, meaningful, and interactions with their customer base that is data-driven. The tool enables restaurants to reach new customers that make use of its mobile application for delivery and takeout...
Jawker logo
Jawaker, the leading online card game studio from Jordan has sealed their acquisition deal which is pretty much valued at $205M and that’s not all. The gaming startup was acquired by global gaming studio Still-front Group further grounding its position. It’ll also help them expand their gaming portfolio in...
Boutiqaat Logo
It was announced today that the popular Kuwaiti beauty eCommerce platform Boutiqaat has been freed from the money laundering case they’ve been fighting against. The entire case was dismissed after finding pretty much no evidence of any illegal activities regarding money laundering by the public prosecution. They’ve been under...
logo for Ahlan app
In 2021, Faisal Rashed established this Bahraini loyalty program known as Ahlan App and has secured a $3 million investment which values the company at 15 million dollars. This was considered Ahlan's first-round investment that was followed and led by Hope Ventures investment group. Besides other angel investors joining...
Iran Women Startup Conference
Iranian start-ups have certainly endured a difficult time with 4 years of sanctions, currency devaluations, economic problems and COVID-19. Some companies still operating and thriving in the digital ecosystem founded by women worth noting. Takhfifan This start-up initially started as a clone of Groupon and over time has come to it’s...
spendwisor logo
The Licorne Gulf-advised fintech company Spendwisor of their investment commitment from GEM Global Yield LLC SCS. The investment was roughly $50M from GGY which is a Luxembourg-based private alternative investment group worth $3.4B. With this facility, Spendwisor plans on tapping the full potential of the growing fintech market in...
Interstallar lab logo
FII Institute, a Saudi-based investing giant has announced their investment of $500K in Paris-based space technology startup Interstellar Lab. The investment was done as part of their inclusive mission to provide the empowering the most eligible and brightest minds in leveraging scientific innovation for a better future. The financial equity...