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Startup

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

Falak investment hub logo
It’s been four months since Falak Investment Hub, the Saudi-based startup has accepted the application of eight of the most popular tech startups within the MENA regions into their acceleration program. The program consists of three new companies from Egypt along with three from KSA, and one each in...
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...
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...
Grubtech team
The popular food delivery platform Grubtech has teamed up with Foodics to give the clients with admittance to Foodics' high-level point of sale (POS), an association that will coordinate 7k restaurants served by Foodics with a small bunch of food aggregators including Careem, Talabat, and Jahez. As a business-to-business...
Zip logo
It was announced today that the popular Sydney-settled fintech platform Zip has procured Middle Eastern ‘buy now pay later’ platform Spotii for a venture worth $20M. The cash will be paid in Zip's shares, cash, or a bit of both. As a feature of the arrangement, Spotii investors will...
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...
Abwaab logo startup
Announced today, Abwaab has raised about $5.1M in a seed round. There were a lot of investors invested in this Amman-based EdTech platform including Beco Capital, Foundation Ventures, Spartech Ventures, 4DX Ventures, EQ2 Ventures, and GSV Ventures. The latest investment came pretty much after a year after they raised...
cashin logo
The popular Saudi-based FinTech and digital POS provider CashIn has managed to successfully raise about $1.6M in a funding round. The funding seed round was led by some of the most popular key investors including BIM Ventures along with a wide number of angel investors as well. In the first...
After the initial first successful first run, Google has reported the second round of its Startups Accelerator program for the MENA region and that’s not all. Chosen new companies will be combined with pertinent specialists from Google and the business everywhere to help tackle recognized issues. Partaking new companies...
dKilo logo
The company announced that the goal of this investment, which is a mix of equity and financing, is boosting the Saudi market's home advertising. dKilo, an ad tech startup that is located in Egypt, during the Leap 2024 conference in Riyadh, made a public statement to inform that the company...