Amenli, the YC-backed startup has managed to attract a $2.3M seed round investment for providing insurance services across Egypt and that’s not all. The round had investment from several firms from both local and foreign. The investment firms include GFC, P1 Ventures, Liquid2 Ventures, Anim Fund with Costanoa VC,...
Led by Salem Khalaf Al Mannai and regional investors the popular Doha-based Fintech startup Dibsy has raised about $300K Pre-Seed round. Established back in 2020 by Ahmed Isse, Anouar El Mekki, and Loyan Farah, Dibsy means to make handling transactions more straightforward. The startup is additionally upheld by the...
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...
NOW, the Dubai-based fintech has already raised about $7M in a fresh fund round which was announced today. The round was led by Anthemis Exponential Ventures and was joined by investors including Wamda Commercial Bank of Dubai, Accion Venture Lab. Hambro Perks’ Oryx Fund, Knuru Capital, DIFC FinTech Fund,...
Arabic language Jordan based education platform Adam wa mishmish has raised $475,000 in a seed funding round. This ed-tech platform uses educational cartoons to teach young children Arabic for the ages of 0-5 through music, art and interactive learn to play methods. Launched in 2016 due to the lack...
It was announced by Doctori, the popular Bahrain-based HealthTech startup that it has gotten a $500K Seed financing round, and the round was led by various undisclosed financial backers. The platform was established back in 2018 by Ahmed Alawadhi and Ahmed Mahmood and since then, it has been one...
Knuru Capital, a Venture Capital firm based in Dubai, has signed an agreement to handle a venture portfolio in its early-stage from an investment vehicle - DP Ventures Holdings - set up by Delta Partners senior executives to invest in technology companies in early-stages around the world.
The portfolio which...
ISSF aka The Innovative Startups and SMEs Fund from Jordan is known mostly for making strategic investments in startups. They also invest in early-stage largely innovative SMEs as well. ISSF has recently announced a direct investment of $150K in a Jordan-based startup Decapolis. The startup provides feature-rich solutions for...
The US-based global digital media investor NBM aka North Base Media of their investment in Majarra which is an Abu-Dhabi-based Arabic online content provider. The investment included other strategic GCC individuals which were said in a statement.
“We’re delighted to have a high quality and specialized investor like North Base...
Dubai, UAE – Related, a leading Dubai-headquartered loyalty and rewards platform, announced today it has successfully raised $8 million (SAR 30 million) in strategic funding. The investment comes from Saudi alternative investment firm Equivator, a move set to significantly accelerate Related’s expansion within Saudi Arabia and bolster the development...
