Gazal was founded and established back in 2020 with a goal to help innovate, improve and redesign the entire future of transportation in GCC and the KSA region. Their aim is to use it for short-distance travel and innovate the use of sustainable and healthier alternatives for the transportation...
GBarena, the popular esports and tournaments platform from Cairo has managed to successfully raise six-figure in their latest Pre-Series A funding round. The funding round was led by key angel investors Ahmed Aboudoma, Kushal Shah, and HIM Angles VC network. This newly raised fund will be used for creating...
CE-Ventures, the corporate funding foundation of UAE-based Crescent Enterprises, has reported that it is multiplying its investment interests in new businesses to arrive at $272M which is roughly AED 1B by next year and that’s not all. Since its initiation in 2017, CE-Ventures has effectively contributed more than $136M...
It was announced this Thursday that the popular Tunisiansp-French SaaS startup Expensya has brought $20MÂ up in new assets from Paris-based MAIF Avenir and Amman-based Silicon Badia. This particular Series B round takes Expensya's absolute raise to date to more than $25M. And it makes it the best-subsidized Tunisian...
Open Banking is an Internet-based service that allows small business owners to access their own money. The service is available to businesses of all sizes, but particularly to those in the technology and software industries. Open Banking is based on the Open Source Software concept, which is a form...
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...
Getir has become one of the most valued grocery delivery apps right now that has achieved unicorn status. Headquartered in Istanbul, this ultra fast grocery delivery platform already tripled its valuation to $2.6B in less than 2 months. Co-led by Tiger Global and Sequoia Capital, their valuation was increased...
Elkaso, the popular UAE-based B2B marketplace has managed to successfully raise about $2.1M in its latest funding round was led by Global Founders Capital and MSA Capital. Although it was joined by key strategic global and regional investors including former and current leaders of Careem, Delivery Hero, Apple, Faith...
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...
Tunis-based edtech startup GoMyCode has reported its multi-mainland venture into Algeria, Morocco, Egypt, Nigeria, Ivory Coast, Bahrain, and France, taking advantage of new business sectors subsequent to getting subsidizing last year. The platform was established back in 2017 by CEO Yahya Bouhlel, GoMyCode began as a coding school prior...
