The popular Karachi-based Fintech startup CreditBook that helps small business visionaries digitize and track the entirety of their exchanges, has announced raising about $1.5M up in seed round and that’s not all. The startup's seed round was a blend of worldwide and nearby financial backers. They include Pakistan's BitRate...
It was announced that the Moroccan eye-wear eCommerce startup LNKO will be soon expanding to the UAE after having closed a DH 3M which is roughly $335K. It’s from the investment arm of Moroccan bank, CDG Capital through its 212Founders acceleration program.
The startup was launched back in April 2020...
It was announced by the popular Pakistan-based Sarmayacar VC that it has helped dispatch their shipping marketplace center TruckSher. The VC firm didn't unveil the size of capital it has infused into the startup. It didn't share the specific insights concerning how much stake it possesses in TruckSher however...
Flat6Labs Bahrain has concluded its 6th Cycle, in which eight startups participated in a 4-month acceleration program and received a $32,000 investment fund each.
Flat6Labs Bahrain is the latest Tamkeen-backed startup accelerator whose mission is to promote and launch both local and international startups in Bahrain.
Through its massive, far-reaching channel...
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...
A tech start-up based in Riyadh, Azom, which designs, develops, and sells computer software and electronics, has raised a Series A funding round worth $9.5M (36M Saudi riyal), from Assr AlJawal and an anonymous individual investor.
Azom was established to develop and provide electronics and technologies such as phones and other...
The all-in-one digital school and learning management providing edtech company from Jordan ‘Edunation’ has managed to raise about $3M in a funding round. The round was led by Rubix, a US-based investor. Edunation has already partnered up with some of the most notable leading academic institutions in the MENA...
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 Sanar Health tech platform offers at-home health care services and multiple telemedicine to users. Its offers range from lab tests at home, clinic consultation with video chat, physiotherapy sessions, and home nursing care with healthcare professionals. Since this platform was launched in 2019, Sanar has on board over...
Egypt-based investment company EFG Hermes has announced their investment of $725M in Ignis Energia, a Spanish renewable energy specialist via the company’s private equity arm’s Vortex Energy Fund as a series of capital injections. And it will be deployed over the next few years under some conditions of course.
It’s...
