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Startup

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

Appetito logo
The popular Cairo-based grocery platform startup, Appetito has raised about $450K on a Seed round from a gathering of Saudi Arabian Angel investor Ahmed Al Alola. He led the entire funding round in a beginning phase who was one of the early sponsors of Nana and Sary along with...
Soul Artists startup founders
A talent booking platform for managers and artists, Soul Artists, based in the UAE, has in a Bridge funding round received $350,000 from Wasel and Falak Investment Hub. Soul Artists is a peer-to-peer platform created by event managers and artists to locate and book musicians and entertainers. It creates a...
Kashat logo
One of the most popular global organizations for private investors, The Cairo Angels zeroed in on supporting startup openings in Egypt, the Middle East, and Africa. They are very excited and charmed to declare their latest interest in the monetary innovation startup Kashat which has been on their plans...
Techstars Riyadh
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...
GSMA African startup fund
The GSMA declares its most recent Innovation Fund for Digital Urban Services following the accomplishment of three years of centered assets, peering toward African, South Asian, and Southeast Asian new companies that are tending to the critical difficulties in quickly extending metropolitan areas. Inside a more extensive long haul worldwide...
verofax
A traceability and automation platform, Verofax Limited, led by Trove Capital UK, has in a Seed funding round secured $1.2million. Other investors include Kepler Fund Managers, MFD Holding, and Casablanca Holding. This funding is simultaneous with the porting of the platform of Verofax on Microsoft Cloud and its current expansion in...
mubawab logo
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...
Taager logo
It was announced that Taager, the popular Egypt-based social eCommerce platform has managed to raise about $6.4M in a seed round. The round was led by 4DX Ventures which was also joined by Raed Ventures, Beco Capital, Breyer Capital along with the individual investor, Careem’s Magnus Olsson. This leads...
ruya ignite partnership
DUBAI, UAE – Ruya, the pioneering digital Islamic bank, and Ignyte, the government-backed startup ecosystem, have officially forged a strategic partnership. This collaboration aims to accelerate innovation across the UAE by integrating Ruya’s Shari’ah-compliant digital banking expertise with Ignyte’s comprehensive support for entrepreneurs. The UAE continues to lead the MENA...
It was announced that the Innovative Startups and SMEs Fund (ISSF) has made a direct investment of $150K in Jordan-based online marketplace Matrix. The fundraising was started back in January this year and they’ve managed to raise a seed fund of $300K by teaming up with Select Ventures Holdings,...