Raqamyah, a Riyadh-based crowdlending platform has raised about $2.3M in just one investment deal. They announced that the investment round was managed and led by Impact46 later that day. There were other investors included such as Mad’s investment, Al Yusr and Fadeed Investment. Another round of participation was made...
Only as a side project of the Milken-Motsepe Innovation Prize program, a multi-year procedure to channel enterprising personalities and financial backers towards creating various innovative solutions with a focus on Africa, the agri-tech prize is currently accepting applications. The Milken-Motsepe Prize is a worldwide competitive program for providing solutions...
The popular Jeddah-based football talent recognizing platform, Grintafy has officially partnered with the English football club West Ham United to provide help and expand their operation. Because of the multi-year organization, the Saudi startup will assist West Ham United with finding football talents on a global scale and that’s...
After the initial first successful first run, Google has reported the second round of its Startups Accelerator program for the MENA region and that’s not all. Chosen new companies will be combined with pertinent specialists from Google and the business everywhere to help tackle recognized issues. Partaking new companies...
Digital Finance Holdings, Inc (DFin) a company based in Egypt, has launched a platform focused on Fintech whose aim is to help build Fintech's next-generation in MENA, together with launching Camel Ventures –a new venture debt fund. Currently, the fund is raising fund and its website announced that they...
The KSA-based cloud POS platform Prexle helps retail store owners including clothing shops, electronics, and even grocery stores to manage their customers, discounts, purchase orders, and manage their inventories simultaneously. The platform also allows to manage and generate reports on taxes, sales and inventories as well. This startup was...
Ghana's Startup Cafe Africa has dispatched an accelerator program to help African new businesses in developing their organizations and to furnish them with the tools they need for the African market. Upheld by iSpace, HatuaTech, Tribe Capital, GhLondoners organization, InvestPro, and HatuaOnPoint, the accelerator plans to furnish candidates showing...
It was announced that EdVentures, the popular funding wing of the Egyptian Nahdet Misr Publishing Group, has gotten the 'Training Investors of the Year' grant for the MENA area by UK-based web magazine ‘Corporate Vision’ and that’s not all. This particular honorary award for ‘Education and Training' classification tries...
The popular food delivery platform Grubtech has teamed up with Foodics to give the clients with admittance to Foodics' high-level point of sale (POS), an association that will coordinate 7k restaurants served by Foodics with a small bunch of food aggregators including Careem, Talabat, and Jahez. As a business-to-business...
In a seed funding round, the Egypt-based online portal, Sakneen, that helps home buyers locate properties, has raised $1.1 million with support from Sarwa Capital and Foundation Ventures and led by Algebra Ventures.
Others entities that invested in the round were Nakhla VC - a Saudi-based fund, Hem+Spire - a US-based...
