Orange Ventures which is the Venture Capital Fund of the Orange Group of their investment in the Lamma app, which is a Tunisian Qcommerce app that specializes in last-mile mobility.
This funding comes right after Lamma launching their Q-Commerce application. And it works by focusing on revolutionizing customer experience in...
The Jordanian start-up scene has both regional and international recognition. The ecosystem is mostly shaped by young entrepreneurs in the ICT sector with prominent accelerators like Changelabs and IBDA3. Jordan is one of the key players in MENA’s Information and Communication Technology(ICT) forum. Jordanian start-up ecosystem aims to bring brilliant ideas of domestic...
GIZ Egypt has announced a €100M which is roughly $120M subsidizing program "VC University", focusing on first-time investment (VC) reserves. It’s in association with Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA), Endure Capital, and Changelabs
The sole purpose of this year-long program will offer planned asset administrators mentor...
As the world went into lock down a year ago, the vast majority had to look for alternative ways. And they pretty much turned to internet shopping and other web-based services. And that certainly sped things up on web-based business reception. And expanded a lot of absolute US retail...
The MCIT aka Saudi Arabia's Ministry of Communications and Information Technology has teamed up with the Raed Ventures Investment Fund for the Riyadh Techstars Accelerator program. The program was established back in May and will proceed in the same region for about 4 months. The Riyadh Techstars Accelerator program...
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...
It was announced that the popular career-tech platform ‘Localized’ operating across the MENA region has managed to secure about $2.2M Seed Investment Round. The round was from Trend Forward Capital, One Planet VC, Angel Ventures, Next Wave Impact, Bisk Ventures, Joshua Mailman, US News Digital Ventures, and angel investor...
Health-tech start-up MEDZnMORE raised a pre-series A round of $11.5 million from a series of angel and venture capitalist firms. Founded in 2020 based in Karachi Pakistan, in pursuit to solve the medical and wellness delivery service for B2B and B2C clientele of consumers, pharmacies and hospitals.
With the growth...
The popular stock analysis platform from Saudi Arabia, National Building and Marketing aka NBM has gained a 9% stake in DIGGIPACKS and that's not all. DIGGIPACKS is a Delivery and Logistics startup situated in the Kingdom and operates there as well. The gets return off of a new $400K...
ClearGrid, a fintech company based in the UAE, has raised $10 million in funding after coming out of stealth mode. The funding is split into two rounds: a pre-seed round of $3.5 million, led by Raed Ventures and Beco Capital, and a seed round of $6.5 million, co-led by...
