It was announced by Doctori, the popular Bahrain-based HealthTech startup that it has gotten a $500K Seed financing round, and the round was led by various undisclosed financial backers. The platform was established back in 2018 by Ahmed Alawadhi and Ahmed Mahmood and since then, it has been one...
e&, the telecommunications giant based in the United Arab Emirates, has entered into a $1 billion partnership with Amazon Web Services (AWS) aimed at enhancing cloud adoption and digital transformation across the Middle East and North Africa (MENA) region.
The six-year agreement will focus on delivering essential cloud services, including...
Sprout FZCO, is a company founded by biochemist Oz Erbas and marketing technologist Katerina Papatryfon, the major aim is to usher in a new age of kids' food production focused on science and health improvement. Sprout foods are made entirely of whole plants and heavily rely on locally sourced...
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...
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...
Tranglo, a Singapore-based fintech specialist, announced that it will expand its cross-border payment network for instant and direct transfers to over 30 e-wallets.
Tranglo is headquartered in Kuala Lumpur, Malaysia, and was established in 2008. It also has offices in Kuala Lumpur, Singapore, Jakarta, Dubai, and London. This cross-border payment...
Sotech, the popular Egypt-based IoT solutions, and Health-tech startup about their successful raising of $1M in their latest Pre-Seed funding round. The pre-seed funding round was led by Innlife investments and key corporate investor Al Raya Kuwaiti.
Sotech was founded back in 2020 in the middle of the pandemic. Ever...
The popular AgriTech start-up in the digital fresh produce platform from Lahore has managed to successfully raise about $2M in its latest Pre-Seed funding round. This particular pre-seed funding round was led by Global Founders Capital. The round was also joined by Zayn Capital and recorded participation from Ratio...
Abu Dhabi has made another committee to manage the improvement of free zones in the emirate and survey enactment administering every one of them so that the regulations stay intact. The Executive Council of Abu Dhabi has given a choice to shape the Free Zones Council, led by the...
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...
