The Fintech giant and microloan service solution provider from Egypt Kashat has managed to successfully raise about $1.75M in the latest funding round and it was announced today. The Bridge round was participated by several regional investors. The round was led by Pan-African fund Launch Africa and they’re known...
Dubai’s Citron was founded by Sara Chemmaa back in 2017 right after she found out about a need for leakproof and fashionable lunchboxes in the market. The brand has already grown by including over 90 products in its name and that’s not all. They’ve launched products ranging from sustainable,...
It was announced that Mohsin Haider Darwish, one of the biggest and leading business houses in the Sultanate of Oman, has consented to an arrangement to turn into a huge investor in the popular worldwide online marketplace “Nabay.com”. This particular partnership will help speed up the platform’s client-centered mission...
The popular KSA-based B2B marketplace, Sary has raised a $30.5M Series B round. The marketplace associates private companies with an organization of wholesalers and assembling brands through online tools like web interfaces and mobile apps and that’s not all. The round was led by VentureSouq (VSQ), with the support...
Fintech giant FlexxPay, a Dubai-based payment platform has announced raising about $3M. The fund was raised in a pre-Series A round and it was comprised of equity debt. The investors include a lot of popular names from different regions. They include DIFC Fintech Fund, Arzan VC, Nuwa Capital, VentureSouq,...
It was recently announced that nybl, the popular UAE-based AI pioneer its obtaining Mexico's visual information mining and AI platform, Nubila. The platform is known for its various innovative arrangement that will see Nubila Founder Marlon de Jesús González join the nybl R&D group.
The securing is important for nybl's...
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...
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...
Vogacloset is an online retail platform specializing in fashion, based in the UK. What sets them apart from other platforms is that their main area of catering is for the Middle East. They have recently been acquired by Alhokair, a franchise retail company in Saudi Arabia. The venture is a...
Anghami, a top music streaming platform in North Africa and the Middle East now goes public by a merger with an acquisition company (SPAC) with a special purpose. A SPAC, also referred to as a blank-cheque firm, is created to raise funds via an IPO with the purpose of...
