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Startup

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

Steppi logo
STEPPI, the UAE-based health and corporate wellness platform for its successful management of raising about $1.8M in its latest funding round. The funding round was powered by a new partnership with boutique health and fitness experts, Embody Fitness, based in London and Dubai. The funding round has welcomed Embody...
GSMA African startup fund
The GSMA declares its most recent Innovation Fund for Digital Urban Services following the accomplishment of three years of centered assets, peering toward African, South Asian, and Southeast Asian new companies that are tending to the critical difficulties in quickly extending metropolitan areas. Inside a more extensive long haul worldwide...
Flextock logo
It was announced that the popular Egyptian-based logistic platform for eCommerce commercial center, Flextock raised a $3.25M Pre-Seed financing round. The round was held Foundation Ventures (Egypt), MSA Capital (China), CRE Venture Capital (South Africa), Alter Global (US), JIMCO – Jameel Investment Management Company (Saudi Arabia), B&Y Venture Partners...
It was announced that the Innovative Startups and SMEs Fund (ISSF) has made a direct investment of $150K in Jordan-based online marketplace Matrix. The fundraising was started back in January this year and they’ve managed to raise a seed fund of $300K by teaming up with Select Ventures Holdings,...
Carasti logo
The popular car subscription platform from UAE has secured a $3M pre-series A funding round and that’s not all. This popular platform closed the funds was participated by Rua Growth Fund along with several other undisclosed investors and it was led by Net Ventures. The platform was launched back in...
Falak investment hub logo
It’s been four months since Falak Investment Hub, the Saudi-based startup has accepted the application of eight of the most popular tech startups within the MENA regions into their acceleration program. The program consists of three new companies from Egypt along with three from KSA, and one each in...
Sakneen logo
Sakneen, a  property tech startup based in Egypt, recently announced that it had raised $1.1 million in a seed round led by Algebra Ventures. Sarwa Capital and Foundation Ventures also contributed significantly to the round. Hem + Spire, a real estate private equity firm based in the United States,...
SME Bank Logo
The powers in Saudi Arabia have recently announced they have established a bank for the small and medium enterprises in the country. They made the announcement during the weekly meeting of the cabinet, which is where the elected officials in Saudi Arabia discuss developments on a regional, global, and...
Supy logo
Supy, the popular UAE-based B2B food marketplace has managed to raise about $1.5M in a Pre-Seed funding round. This latest Pre-Seed Funding round was co-led by UAE-based investor COTU Ventures and US-based Valia Ventures, marking their first investment in MENA. Supy was founded by CEO Dani El-Zein, previously COO at...
takestep logo
TakeStep, an Egyptian healthtech company has been helping over 15K patients to recover since its founding back in 2018. They’re also helping patients to steer clear of relapsing every day a week and providing counseling services via online and direct mobile platforms. Certified doctors are authorized there and they...