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Startup

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

QUANTUM Logo
One of the most popular ways marketers gain customers is by letting them test their products first. And that is done by giving them a sample product for them to test first and admire. And it’s still one of the most used methods to understand what their target consumers...
EngageSoft Logo
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...
CreditBook logo
The popular Karachi-based Fintech startup CreditBook that helps small business visionaries digitize and track the entirety of their exchanges, has announced raising about $1.5M up in seed round and that’s not all. The startup's seed round was a blend of worldwide and nearby financial backers. They include Pakistan's BitRate...
Edunation logo
The all-in-one digital school and learning management providing edtech company from Jordan ‘Edunation’ has managed to raise about $3M in a funding round. The round was led by Rubix, a US-based investor. Edunation has already partnered up with some of the most notable leading academic institutions in the MENA...
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...
VC generic
Start-ups can be defined as companies or businesses that focus on one single product or service with the hopes of introducing it to the market. A start-up can be individually owned, or two or more investors can be its founder. The greatest challenge that most start-up businesses face is finding investors willing to...
Mubadala revolut
Mubadala, Abu Dhabi's prominent sovereign wealth fund, is reportedly in advanced discussions to significantly increase its investment in Revolut, the UK-based digital banking and payments powerhouse. The potential deal, valued at approximately US$100 million (£78 million), would see Mubadala acquire an additional stake in Revolut, which is now commanding...
Sotech logo
Sotech, the popular Egypt-based IoT solutions, and Health-tech startup about their successful raising of $1M in their latest Pre-Seed funding round. The pre-seed funding round was led by Innlife investments and key corporate investor Al Raya Kuwaiti. Sotech was founded back in 2020 in the middle of the pandemic. Ever...
Beehive logo
It was announced that one of the UAE’s leading institutional investors EDB aka The Emirates Development Bank has signed an agreement with the country’s first peer-to-peer (P2P) lending platform, Beehive. While allocating just over $8M which is roughly AED 30M in funding for the platform to distribute to creditworthy...
Egypt's Information Technology Institute
Egypt's Information Technology Institute (ITI) has joined forces with Google to dispatch the Machine Learning Developer, which hopes to qualify 30K programmers, college students, and software engineering graduates on Artificial Intelligence (AI) and Machine Learning backgrounds to make the team even greater. With literally a horde of APIs, Google...