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Startup

Startup refers to new companies seeking to disrupt or innovate an industry using digital and technology.

Majarra logo
The US-based global digital media investor NBM aka North Base Media of their investment in Majarra which is an Abu-Dhabi-based Arabic online content provider. The investment included other strategic GCC individuals which were said in a statement. “We’re delighted to have a high quality and specialized investor like North Base...
Walee logo
Walee, the popular influencer marketing platform from Islamabad has managed to raise about $2.7M in a seed funding round and that’s not all. The round was from a Pakistani communications company Z2C and they are strictly into public relations, advertising, commerce along with technological advancements as well. However he...
OtoNexus Medical Technologies logo
The popular global, women-run venture firm Mindshift Capital has recently invested into the Series C raise of US-based OtoNexus Medical Technologies, perceived as one of the main US organizations at the cutting edge innovative solutions for infection controls. The firm was founded back in 2019 by Caitlin Cameron who is...
MSA cap
The MSA was selected by the ISSF because of its board experience in the industry, robust track record, global access, and deep roots in the East and China. And this new access to MSA’s resources will certainly allow the ISSF to develop themselves in a competitive and entrepreneurial ecosystem...
Podro logo
Podro Iran’s delivery and logistics startup raised $12.5 million (300 billion Toman) from Fanap, an old guard of Iran’s digital ecosystem. Podro offers small to medium sized businesses B2B and B2C services, with many Iranians using social media to open store fronts to sell products and goods such as...
Multiply group logo
Multiply-Group which is an Abu Dhabi-based International Holding Company’s subsidiary is set to launch a new joint venture with Firefly. Firefly is a US ride-share advertising startup and it’s popular for dynamic advertising. The new project on this joint venture will be based in Abu Dhabi along with bringing...
Samurai Incubate
Samurai Incubate Inc, the popular venture capital firm from Tokyo closed its “Samurai Africa 2nd General Partnership” fund very recently. They’ve successfully managed to secure about $18.6 million which is roughly 2.026B yen. This platform with pretty much an oversubscribed funding firm saw a scope of corporates and several financial...
Kemitt logo
The popular Egypt-based furniture marketplace platform Kemitt has raised a six-figure seed round to gather pledges from a gathering of Saudi Angel investors and that's not all. These supports will be effective to work with Kemitt's development all through Egypt. They additionally plan to distribute these assets carefully to...
Iraq Startup Office
After Lezzoo acquired a seven-figure financing round, there has been increased activity in Iraq’s fundraising sector. Lezzoo has bought Erbil Delivery while Tech Ventures is dominating the six-figure financing round in Alsaree3/Zajil. These activities are a clear indication of the Iraqi market’s potential. Here are some fascinating takeaways based...
APS logo
Amazon’s payment processing service in the MENA region, Amazon Payment Services has announced some changes about waiving all fees for the new businesses. Their aim is to benefit from the services that come with it in Egypt. Amazon Payment Services will postpone their services on accounts and support fees...