Startup

The popular customer engagement platform from Riyadh, Unifonic has managed to raise about $125M in a Series B round. The series B funding round was led by SoftBank Vision Fund 2 and Public Investment Fund’s subsidiary Sanabil Investments. The announcement didn’t share any specific details on valuation. This specific...

Flat6Labs in Bahrain has provided seed investment to UAE based HR platform Knack. This B2B platform was founded in Sharjah, UAE in 2020 by Divesh Lachhwani and Amna Aljarwan in effort to provide coaching, mentor ship and other HR related services to companies; and at times individuals. At the time...

It was announced this Thursday that the popular Tunisiansp-French SaaS startup Expensya has brought $20M  up in new assets from Paris-based MAIF Avenir and Amman-based Silicon Badia. This particular Series B round takes Expensya's absolute raise to date to more than $25M. And it makes it the best-subsidized Tunisian...

It was announced that the Egyptian agtech startup Mozare3 has raised more than $1M in a pre-seed round drove by Algebra Ventures and Disruptech. The round additionally incorporated the cooperation of EFG-EV and some private backers. The platform was established last year by Hussein Abou Bakr and Tamer El-Raghy....

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...

It was announced that the Moroccan eye-wear eCommerce startup LNKO will be soon expanding to the UAE after having closed a DH 3M which is roughly $335K. It’s from the investment arm of Moroccan bank, CDG Capital through its 212Founders acceleration program. The startup was launched back in April 2020...

Cartona, the popular Egypt-based B2B platform connecting retailers to manufacturers and wholesalers about their successful management of raising about $4.5M in their latest Pre-Series A funding round. This particular Pre-Series funding round was led by Global Ventures. The round was also joined by Kepple Africa Ventures, T5 Ventures, and...

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...

Laverie was founded back in 2018 and has been fully operational ever since. They’ve already processed more than 60k items from a very popular client base of over 4k active registered users from the platform. The platform provides fully digitized laundry services to the clients along with order tracking...

Remotebase, a firm that builds connection with US companies and high-performing engineering teams, has raised a Seed funding round to the tune of $1.4M.  The startup has its operations in Silicon Valley and Pakistan. Indus Valley Capital led the round, together with participation from many global investors such as Hustle...