Orange Ventures which is the Venture Capital Fund of the Orange Group of their investment in the Lamma app, which is a Tunisian Qcommerce app that specializes in last-mile mobility.
This funding comes right after Lamma launching their Q-Commerce application. And it works by focusing on revolutionizing customer experience in...
Despite a significant decline in funding in 2023, Middle Eastern fintech companies demonstrated remarkable resilience; Navigating challenges such as high-interest rates and geopolitical uncertainties, these fintechs are leveraging innovative technologies and pursuing expansion strategies. According to KPMG, fintech funding in Europe, the Middle East, and Africa dropped to its...
Saudi-based on-demand marketplace and foodtech platform Siwar has successfully managed to raise about $7.5M in its latest funding round. The funding round was led by Riyadh-based travel services company Seera Group with the participation of key investors in the region.
The platform was launched back last year and it’s been...
The popular Pakistani trucking marketplace Truck It In has raised about $1.5M in a pre-seed round and was announced today. This Karachi-based popular trucking marketplace has pretty much managed to create one of the largest pre-seed investments raised by a startup in the entire Middle East, Pakistan, and North...
Sawari Ventures has closed their startups in their Egyptian-focused fund with about new commitments of $28M which roughly 440M in EGP. The commitments were from Kuwait Investment Authority’s Ekuity, Banque Misr, Suez Canal Bank, Misr Insurance Group, National Bank of Egypt, and Banque du Caire. In the previous round,...
The corporate funding foundation of UAE-based Crescent Enterprises, CE-Ventures has promised to pretty much increase its VC interests in new companies to reach $272M by next year and that’s not all. CE-Ventures has put more than $136M out of 32 new businesses and VC assets across the MENA locale,...
FII Institute, a Saudi-based investing giant has announced their investment of $500K in Paris-based space technology startup Interstellar Lab. The investment was done as part of their inclusive mission to provide the empowering the most eligible and brightest minds in leveraging scientific innovation for a better future.
The financial equity...
In excess of 45 ethnicities have bought units worth around roughly $96.9M in Creek Views I started by the engineer. About this project, engineer Azizi says 75% of the Dubai Healthcare City project sold, So far, in excess of 45 identities have bought units worth AED 356M which is...
Antler Singapore is set to create a significant impact in the Middle East, North Africa (MENA), and Pakistan regions through its $60 million fund and comprehensive support programs.
Antler Singapore has long been recognized as a pioneer in identifying and nurturing promising startups at the earliest stages of their journey....
The Angel Investment Network of the Middle East (MAIN), which promotes angel investing in the region, has announced a free standard Egyptian legal document for early-stage founders and investors.
This was done in collaboration with the Development Cooperation in Germany implemented by GIZ Egypt (GIZ), a network of MENA’s leading...
