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Startups
Nowlun Secures $1.7 Million Seed Funding
Nowlun, the leading digital freight forwarding platform in the Middle East and North Africa (MENA), today announced it has raised $1.7 million in seed funding. The round was led by Nama Ventures and A15, with participation from Sanabil 500…
Banknbox and MineSec Join Forces to Lead the Digital Acquiring Revolution in the region
Banknbox is excited to announce its strategic alliance with MineSec to offer advanced SoftPOS technology to banks and financial institutions. By integrating MineSec’s SDK certified PCI CPOC/MPOC technology, into Banknbox’s platform, the…
Watercycle Technologies Secures $5.6 Million Series A investment round
Watercycle Technologies is pleased to announce the closure of a $5.6 million Series A investment round led by Par Equity as part of a syndicate with Greater Manchester Combined Authority ('GMCA'), Aer Ventures and the University of…
Amenli Secures $2.3 Million Investment to Accelerate Growth in Egypt’s Insurance Market
Amenli, a leading insurtech broker licensed by the Financial Regulatory Authority in Egypt (FRA), has secured a new funding round of $2.3 million aimed at accelerating its growth and enhancing its service offerings. The investment was led…
Pemo secures $7mln in Pre-Series A led by Augmentum Fintech and Shorooq
Pemo has announced a $7 million Pre-Series A Funding round as it seeks to continue its unprecedented growth in the region.
spend management platform
Following two years of remarkable success in the UAE, the leading Dubai-based spend…
Strategic Partnership Between Khazna and CorporateStack to Drive Enhanced Operational Efficiency
Khazna is proud to announce a strategic partnership with CorporateStack, aimed at transforming its operational management and improving efficiency through the deployment of CorporateStack’s industry-leading Enterprise Resource Planning…
Dr. Rania Al-Mashat Holds an Extensive Consultative Dialogue with Representatives of the…
H.E. Dr. Rania Al-Mashat, Minister of Planning and Economic Development and International Cooperation, and Chairperson of the Ministerial Group for Entrepreneurship, held a consultative meeting that included representatives from venture…
Teradix Secures $140,000 Grant from TAQADAM Accelerator Program to Fuel Expansion into Saudi Market
Teradix, a leading provider of innovative eProcurement solutions in MENA, announced that it has been awarded a $140,000 grant from the prestigious TAQADAM Accelerator program at King Abdullah University of Science and Technology (KAUST) to…
T-Vencubator Unveils Tafweela as its 1st Venture Building Project
T-Vencubator, a pioneering entity offering venture building, venture capital, and incubation services, today has announced Tafweela as its inaugural venture building project. Tafweela is set to revolutionize the vehicle payments ecosystem…
Mala Raises $7 Million in Pre-Seed Investment Round
The Saudi startup platform “Mala” has raised $7 million in a Pre-Seed investment round led by “Venture Souq,” with participation from notable investors such as “M Capital,” “BECO Capital,” “Access Bridge Ventures,” “Palm Ventures,” “Shorouq…