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,...
Gazal was founded and established back in 2020 with a goal to help innovate, improve and redesign the entire future of transportation in GCC and the KSA region. Their aim is to use it for short-distance travel and innovate the use of sustainable and healthier alternatives for the transportation...
Iranian start-ups have certainly endured a difficult time with 4 years of sanctions, currency devaluations, economic problems and COVID-19. Some companies still operating and thriving in the digital ecosystem founded by women worth noting.
Takhfifan
This start-up initially started as a clone of Groupon and over time has come to it’s...
Moroccan MedTech platform DataPathology has been popular for providing remote pathology consultation has successfully managed to raise about $232K in their latest funding round. The funding round was led by WitamaxOne which is the investment firm that is jointly backed by Southbridge A&I and AXXAM Family Office.
DataPathology was founded...
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...
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...
Led by Salem Khalaf Al Mannai and regional investors the popular Doha-based Fintech startup Dibsy has raised about $300K Pre-Seed round. Established back in 2020 by Ahmed Isse, Anouar El Mekki, and Loyan Farah, Dibsy means to make handling transactions more straightforward. The startup is additionally upheld by the...
The popular Qatar-based mobile wallet platform, SkipCash has drawn one stage nearer towards its grandiose objective to turn into the most popular and used mobile application on the Peninsula, subsequent to uncovering that it has raised around $2M which is roughly QAR 7M in a seed round led from...
Pakistan’s popular logistic ad fintech startup PostEx has managed to finally raise about $1.5M in a seed round. This particular seed round was led by MSA Capital. The deal was also joined by Shorooq Partners, Zayn Capital, VentureSouq, PNO Ventures, +92 Ventures, and Arbisoft’s CEO Yasser Bashir.
PostEx was founded...
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...
