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Startup

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

Anghami Logo
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...
MENA region map
MENA Industry Venture Report for 2021 has revealed that based on funding amount, the top 7 industries in MENA all together accounts for 74% of all the invested capital in 2020, while 49% of transactions accounted for the top 7 industries by deals. In spite of the overall reduction in...
EFG Hermes logo
Egypt-based investment company EFG Hermes has announced their investment of $725M in Ignis Energia, a Spanish renewable energy specialist via the company’s private equity arm’s Vortex Energy Fund as a series of capital injections. And it will be deployed over the next few years under some conditions of course. It’s...
Trukkin logo
Logistic and supply chain company, Trukkin has raised it's series A investment round of $7 million from Saudi based Emkan Capital. Trukkin, founded in 2017 by Janardan Dalmia who used to work as a financial executive brands itself as a leading aggregator platform which matches shipping with trucking for a...
trteeb.co logo
The popular Jordan-based speculation fund, ISSF also known as The Innovative Startups and SMEs Fund has reported an immediate venture of $150K in Trteeb, a startup situated in Jordan and Saudi Arabia. The announcement of the investment was made back in January this year. It was also stated that...
Contactcars team
Egypt-based Contactcars, the lead automotive marketplace has announced their acquisition of Sa4ar Technology Solutions which is known for providing car valuation technology and a dealer-specific auction platform. Contactcars.com is a subsidiary of Contact Financial Holing and they’ve been constantly evolving and looking for new opportunities to arise which will provide...
Bahrain startup scene
Bahrain houses various accelerators that have given birth to not only tens but hundreds of start-ups across the country. The fast-growing start-up scene in Bahrain has been supported by the country's initiative to get people connected to the internet. 98% of Bahraini citizens already use the internet which is third in...
Saudi Gamer Premium Gaming Hub
A platform for esports and gaming, SaudiGamer.com, has been acquired by Webedia Esports Agency, an international gaming experts via Webedia Arabia Group –it’s local arm (based in UAE, KSA, and Lebanon). The involvement of Webedia Arabia Group will consolidate SaudiGamer.com and her social channels to firmly establish it as the...
Soul Artists startup founders
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...
BECO capital logo
The popular Silicon Valley FinTech startup Tribal Credit managed to raise about a $34.3M Series A financing round which was announced today. The round was led by QED Investors and Partners for Growth (PFG) and that's not all. The round was also joined by existing financial investors like BECO...