A SaaS platform for employee engagement, Engagesoft, based in Jordan has announced a Pre-Seed investment in six-figures from angel investors based in Jordan and Saudi Arabia. Engagesoft began its operation officially in Amman in the last quarter of 2020.
The start-up was founded by a team with a vast knowledge in...
Jawaker, the leading online card game studio from Jordan has sealed their acquisition deal which is pretty much valued at $205M and that’s not all. The gaming startup was acquired by global gaming studio Still-front Group further grounding its position. It’ll also help them expand their gaming portfolio in...
A real estate platform, Mubawab, that has its base in Morocco, has received funding of $10M from its parent company, the (EMPG), Emerging Markets Property Group.
Mubawab, which was founded by Toni Puig and Kevin Gormand in 2011, gives users the ability to utilize its platform to purchase, rent, and...
Savola Group is a publicly listed group in Saudi Arabia, and operates companies in both the food and retail industries. They have recently announced the launch of a Corporate Venture Capital Program.
The program is for the purpose of distributing innovative technologies, providing food and retail opportunities on a global...
ClearGrid, a fintech company based in the UAE, has raised $10 million in funding after coming out of stealth mode. The funding is split into two rounds: a pre-seed round of $3.5 million, led by Raed Ventures and Beco Capital, and a seed round of $6.5 million, co-led by...
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...
For the company North Ladder, known to some as BuyBack Bazaar, business is booming. The company has recently secured a $5M Series A funding round, led primarily by their new friends at BECO Capital. North Ladder, a secure trading platform based in the UAE, provides users with instantaneous access...
Aramco’s Wa’ed, Saudi’s entrepreneurship arm of oil and petroleum giant that they’ll be doubling their investment in and support of startups by the year 2023.
Wa’ed was launched back in 2011 and ever since they’ve been supporting over 90 startups via venture capital investments and loans. But they did vow...
It was announced today that Eyewa, the popular Dubai-based eyewear startup has raised about $21M in a Series B round. The round was co-led by Kingsway Capital and Nuwa Capital. There was also notable participation from French Partners, Endeavor Catalyst, Derayah Ventures, Palm Drive, and Hardy Capital. And it...
It was announced by the popular Jordanian AI-driven platform Algebra Intelligence of the closing of a $310K Pre-Seed financing round. The platform is most popular for monitoring energy solutions and the startup was a great success. The financing round was led by Oasis500.
The platform was founded by Mr. Ahmad...
