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

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UAE Fintech Startup Klaim Raises $26M to Transform Healthcare Payments Klaim, a UAE-based healthcare fintech startup, has secured $26 million in funding to accelerate medical insurance claim payments. The funding includes $10 million in Series A equity and $16 million in debt financing. Saudi-based Mad’a Investment led the round, with...
Amam Ventures logo
It was announced by the Innovative Startups and SMEs Fund (ISSF) and Dutch Good Growth Fund (DGGF) have set up their obligation to secure the launch of Amam Ventures, which is Jordan’s first SME gender lens fund. Amam Ventures is an investment group that is aimed at making impact investments...
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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...
QUANTUM Logo
One of the most popular ways marketers gain customers is by letting them test their products first. And that is done by giving them a sample product for them to test first and admire. And it’s still one of the most used methods to understand what their target consumers...
Tag Card logo
Tag, the Pakistan-based Fintech and digital payment solution provider has announced its successful management of raising more than $12M in its latest funding round. This particular funding round was closed in a swift 2 weeks and that’s not all. It also was joined by Liberty City Ventures Canaan Partners,...
Alsaree3 group Logo
The ALsaree3 group has closed a 7-figure bridge round at the end of last month. The group consisting of 2 different platforms including Alsaree3 which is a food delivery platform and Al Zajel Express which provides delivery services. The round was coordinated by Innovest ME and Iraq Tech Ventures....
REEF Technology
USA-based REEF Technology Inc. of their acquirement of the popular UAE-based KaaS and cloud kitchen operator, iKcon. REEF is a leading operator of delivery kitchens, logistics, and proximity hubs in North America, marking their debut into the MENA region and that’s not all. iKcon was founded back in 2019 and...
Kitopi logo
It was announced today that Kitopi, the popular cloud kitchen startup from Dubai has managed to raise about $415M in a Series C round. The round was led by SoftBank’s Vision Fund 2. The round is notably one of the biggest financing rounds led by a venture-back company in...
Refugees in tech startup
It is always sad to see whole families forced to leave their houses and roots to strange lands due to wars and disasters. Yet, despite the obvious hardships and upheaval that comes with being a refugee, some have overcome the challenges of their situations and have created platforms, structures...
oto saudi shipping
OTO, the Saudi-based Shipping management software and delivery platform that they’ve managed to successfully raise $3M in their latest seed funding round. The funding round was led by Middle East Venture Partners (MEVP) and Derayah Capital. OTO was founded by CEO Mohammad Al-Razaz and CTO Furkan Uzar. And it has...