GIZ Egypt has announced a €100M which is roughly $120M subsidizing program "VC University", focusing on first-time investment (VC) reserves. It’s in association with Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA), Endure Capital, and Changelabs
The sole purpose of this year-long program will offer planned asset administrators mentor...
It was announced that the UAE-based Edtech and Fintech startup Cashee has managed to raise about $1M in a Pre-seed funding round. The startup offers a digital platform along with providing prepaid cards to teens and kids that have a lot of useful features. It includes access for parents...
USA-based REEF Technology Inc. of their acquirement of the popular UAE-based KaaS and cloud kitchen operator, iKcon. REEF is a leading operator of delivery kitchens, logistics, and proximity hubs in North America, marking their debut into the MENA region and that’s not all.
iKcon was founded back in 2019 and...
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...
Announced today, Pakistani Lahore-based edtech Edkasa has raised about $320K in a pre-seed funding round. The round was closed a couple of months ago and it was led by i2i Ventures, but the announcement was made today instead. The round was joined by Zayn Capital, Walled City Co along...
A talent booking platform for managers and artists, Soul Artists, based in the UAE, has in a Bridge funding round received $350,000 from Wasel and Falak Investment Hub.
Soul Artists is a peer-to-peer platform created by event managers and artists to locate and book musicians and entertainers. It creates a...
Tag, the Pakistan-based Fintech and digital payment solution provider has announced its successful management of raising more than $12M in its latest funding round. This particular funding round was closed in a swift 2 weeks and that’s not all. It also was joined by Liberty City Ventures Canaan Partners,...
It was announced by Jahez International Company for Information Technology (Jahez) that the arrangement of HSBC Saudi Arabia as the Sole Financial Advisor and Global Coordinator for its possible first sale of stock (IPO) on the Saudi Exchange's Nomu - Parallel Market. Jahez is a local Saudi business that...
This year was the most successful year for Anghami in its noteworthy ascent by moving to Abu Dhabi and reporting its coming posting on NASDAQ New York which has made it MENA's most anticipated and leading streaming platform and that’s not. And all that has quite recently declared the...
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...
