Gulliver’s Games, the popular gaming studio from Turkey has successfully managed to raise about $750K in a fresh funding seed round and it was announced today. The funding round was led by Tueky-based Boğaziçi Ventures and USA-based March Capital. The seed round was also joined by angel investor Özgür...
The Jordanian start-up scene has both regional and international recognition. The ecosystem is mostly shaped by young entrepreneurs in the ICT sector with prominent accelerators like Changelabs and IBDA3. Jordan is one of the key players in MENA’s Information and Communication Technology(ICT) forum. Jordanian start-up ecosystem aims to bring brilliant ideas of domestic...
It was announced that the Dubai Headquartered logistic SaaS group, Zip24 has raised about $1.2M in a pre-series round. The round was led by Sturgeon Capital, a unique investment fund from the UK. The round was joined by Hayaat Group, Teqvisory, Robert Kay and that’s not all. Some other...
It was announced that the Egyptian agtech startup Mozare3 has raised more than $1M in a pre-seed round drove by Algebra Ventures and Disruptech. The round additionally incorporated the cooperation of EFG-EV and some private backers. The platform was established last year by Hussein Abou Bakr and Tamer El-Raghy....
Start-ups in Iraq hardly get sufficient media coverage. As a result, only a few people know of their existence. Challenges like lack of basic infrastructure, payment solutions, and business registration complications make it difficult for start-ups to succeed. Even with these challenges, small businesses are evolving and maneuvering Iraq’s...
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...
FOODICS, a Saudia Arabia-based all-in-one restaurant management platform raised about a $20M Series B funding round at the start of the year. The funding round was led by Sanabil Investments and was also co-led by STV earlier this year. Other investors included Derayah, Endeavor Catalyst, and Elm in the...
It was announced that the popular career-tech platform ‘Localized’ operating across the MENA region has managed to secure about $2.2M Seed Investment Round. The round was from Trend Forward Capital, One Planet VC, Angel Ventures, Next Wave Impact, Bisk Ventures, Joshua Mailman, US News Digital Ventures, and angel investor...
It was announced by Jahez International Company for Information Technology (Jahez) that the arrangement of HSBC Saudi Arabia as the Sole Financial Advisor and Global Coordinator for its possible first sale of stock (IPO) on the Saudi Exchange's Nomu - Parallel Market. Jahez is a local Saudi business that...
DUBAI, UAE – Ruya, the pioneering digital Islamic bank, and Ignyte, the government-backed startup ecosystem, have officially forged a strategic partnership. This collaboration aims to accelerate innovation across the UAE by integrating Ruya’s Shari’ah-compliant digital banking expertise with Ignyte’s comprehensive support for entrepreneurs.
The UAE continues to lead the MENA...
