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Startup

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

Yalla Xash logo
It was announced today that Morocco headquartered Fintech startup Yalla Xash has raised a total sum of $675K series A funding round which was led by Maroc Numeric Fund II. The startup was established back in 2018 and ever since then, they’ve been providing money transferring features that allow...
Arrow Labs logo
It was announced that Arrow Labs, a popular Dubai-based software startup has managed to raise $5M in Series A from Tim Draper’s Draper Associate. There were participation in the round by Global Ventures and B&Y Ventures. The investment is notably the first investment ever made in the Middle East...
Carasti logo
The popular car subscription platform from UAE has secured a $3M pre-series A funding round and that’s not all. This popular platform closed the funds was participated by Rua Growth Fund along with several other undisclosed investors and it was led by Net Ventures. The platform was launched back in...
Lamma app
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...
Snapp logo
Snapp group, the popular Iranian ride hailing and online service super app in a surprising change in tactics has for the first time published statistics about it's business and app for the year 2020. The private held company had long kept it's data close to it's chest, disclosing some...
Daleel team
In 2022, Dania Alshowaikh, PK Shrivastava, and Ridaa Shah founded Daleel's platform, and now broadcasted news reports that Hambro Perks Spring Studios has given them an undisclosed investment round. This Bahrain-based financial marketplace, Daleel, is a platform created to help consumers find the best financial products or compare them...
Zid logo
Zid has successfully raised about $7M in a Series A funding round. This KSA-based eCommerce platform was able to raise 26M SAR which was led mainly by Global Ventures along with other existing investors that includes Arzan VC and Elm. But this wasn’t the first investment Zid had received. In...
Algodriven founders
AlgoDriven, the UAE-based automotive data platform that has successfully managed to raise about $2M in its latest Series A funding round. The funding round was led by Global Ventures, the Dubai-based international VC, and recorded participation from Automotive Ventures, an Atlanta-based venture capital firm making their first international investment,...
Camel Ventures Logo
Digital Finance Holdings, Inc (DFin) a company based in Egypt, has launched a platform focused on Fintech whose aim is to help build Fintech's next-generation in MENA, together with launching Camel Ventures –a new venture debt fund. Currently, the fund is raising fund and its website announced that they...
Truck-It-In logo
The popular trucking marketplace from Karachi Truck-It-In has managed to add $3M to its pre-seed round and that’s not all. They have raised the fund in an extension to close the round right around $4.5M which was announced very recently. The startup already claimed to be the largest ‘pre-seed...