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Startup

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

Jugnu logo
Jugnu, the Pakistan-based B2B eCommerce startup, and the online marketplace about their successful management of raising an undisclosed amount in its latest funding round. The latest funding round was led by  Sarmayacar which is the Pakistan-based VC investing in Early Stage startups in the region. The round however marks...
Pavegen logo
Pavegen is very popular for developing and installing kinetic walkways that convert several things into psycho-graphic and emotional insights. They mainly take footsteps into off-grid, data, and clean electricity and then use the conversion methods. The generated energy then is used to power applications including LED lighting and e-link...
Anghami Logo
Anghami, a top music streaming platform in North Africa and the Middle East now goes public by a merger with an acquisition company (SPAC) with a special purpose. A SPAC, also referred to as a blank-cheque firm, is created to raise funds via an IPO with the purpose of...
Elkaso logo
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...
Samurai Incubate
Samurai Incubate Inc, the popular venture capital firm from Tokyo closed its “Samurai Africa 2nd General Partnership” fund very recently. They’ve successfully managed to secure about $18.6 million which is roughly 2.026B yen. This platform with pretty much an oversubscribed funding firm saw a scope of corporates and several financial...
Sankeen Founders
In a seed funding round, the Egypt-based online portal, Sakneen, that helps home buyers locate properties, has raised $1.1 million with support from Sarwa Capital and Foundation Ventures and led by Algebra Ventures. Others entities that invested in the round were Nakhla VC - a Saudi-based fund, Hem+Spire - a US-based...
nayla finance
Saudi Fintech Nayla Finance Secures $4M to Expand Digital Lending for Small Businesses Nayla Finance, a Saudi Arabian fintech platform specializing in digital lending solutions, has raised $4 million in seed funding to expand its services for micro and small businesses across the Kingdom. The funding round was led by...
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...
Iran Women Startup Conference
Iranian start-ups have certainly endured a difficult time with 4 years of sanctions, currency devaluations, economic problems and COVID-19. Some companies still operating and thriving in the digital ecosystem founded by women worth noting. Takhfifan This start-up initially started as a clone of Groupon and over time has come to it’s...
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...