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Startup

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

Tamara logo
It was announced today that Riyadh-based Ecommerce platform Tamara has brought $110M up in a Series A round. The round was led by the popular leading global payment processor Checkout.com. Tamara is popular because of its "buy now pay later" motto. The round is contained obligation and value and...
Savola Logo
Savola Group is a publicly listed group in Saudi Arabia, and operates companies in both the food and retail industries. They have recently announced the launch of a Corporate Venture Capital Program. The program is for the purpose of distributing innovative technologies, providing food and retail opportunities on a global...
Gomycode logo
Tunis-based edtech startup GoMyCode has reported its multi-mainland venture into Algeria, Morocco, Egypt, Nigeria, Ivory Coast, Bahrain, and France, taking advantage of new business sectors subsequent to getting subsidizing last year. The platform was established back in 2017 by CEO Yahya Bouhlel, GoMyCode began as a coding school prior...
iMile logo
The popular Dubai-based market leader, iMile in delivery services has recently and officially launched their services in Egypt. Their current operations are based in Cairo and Suez and a goal to expand further in the region. “We have solid plans for what we want to achieve in 2021 and our...
Huspy logo
The popular Protech startup Huspy from Dubai has managed to raise a funding round. The round was joined by B&Y Ventures, Amir Farha (Cotu), Plug and Play along with other regional family offices and the round was led by VentureFriends. The platform was founded back in August last year by...
Chari founders
The popular b2b eCommerce platform Chari has managed to successfully raise about $5M in its latest seed funding round right after finishing up the summer’21 batch of Y Combinator. They also acquired Karny.ma, a Morocco-based FinTech platform before this funding round. This particular seed funding round was Co-led by...
Quix logo
It was announced that Quix, the popular Saudi Arabia-based on-demand delivery platform has raised SAR 3M which is roughly $800K pre-launch from more than 559 financial backers. The fund was raised through the crowdfunding platform Scooper. This carries the organization's absolute post-evaluation to SAR 10.1M which is roughly $2.7M...
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...
KUBE Ventures logo
KUBE has been attracting some of the world’s foremost entrepreneurs and disruptors in the hospitality space ever since its establishment. It was both inspired and created by Michael Levie and David Keen and they have a single purpose which is to drive transformation by incubating and accelerating hospitality start-ups....
It was announced that the popular port operator with a worldwide reach, DP World has launched 'Dubuy' which is a discount web-based eCommerce platform. Hoping to interface purchasers and merchants on a global scale with merchandise delivered through the production network of DP World and its coordination for the...