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...
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...
The popular global, women-run venture firm Mindshift Capital has recently invested into the Series C raise of US-based OtoNexus Medical Technologies, perceived as one of the main US organizations at the cutting edge innovative solutions for infection controls.
The firm was founded back in 2019 by Caitlin Cameron who is...
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...
Gulliver’s Games, the popular gaming studio from Turkey has successfully managed to raise about $750K in a fresh funding seed round and it was announced today. The funding round was led by Tueky-based Boğaziçi Ventures and USA-based March Capital. The seed round was also joined by angel investor Özgür...
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...
The popular KSA-based B2B marketplace, Sary has raised a $30.5M Series B round. The marketplace associates private companies with an organization of wholesalers and assembling brands through online tools like web interfaces and mobile apps and that’s not all. The round was led by VentureSouq (VSQ), with the support...
After Lezzoo acquired a seven-figure financing round, there has been increased activity in Iraq’s fundraising sector. Lezzoo has bought Erbil Delivery while Tech Ventures is dominating the six-figure financing round in Alsaree3/Zajil. These activities are a clear indication of the Iraqi market’s potential. Here are some fascinating takeaways based...
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...
The popular freight marketplace from Lahore, BridgeLinx has managed to raise $10M. And it’s the country’s largest seed round to date and that’s not all. This regional largest seed round was led by Harry Stebbings’ 20 VC, Josh Buckley’s Buckley Ventures, and Indus Valley Capital. The seed round deal...
