Startups
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SVB Updates and Resources Available for Startups’ Urgent Payroll Needs
With the number of companies and VCs asking about developments related to SVB, especially the upcoming Wednesday payroll date, here…
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From Crisis to Opportunity: Tech Industry Bands Together to Save Startups Impacted by SVB Failure
Prominent venture capitalists, technology executives, and founders of startups have been racing to save companies that have been caught up…
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Egypt’s fintech Money Fellows raises $31M in Series B
Cairo-based fintech startup Money Fellows has raised $31M in its Series B round led by CommerzVentures, Middle East Venture Partners…
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Saudi’s SaaS startup Glamera raises $1.3M in Seed Round
Saudi-based SaaS startup Glamera has raised a Seed round of $1.3 million, led by Riyadh Angels Investors (RAI), with participation…
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9 most funded ride-sharing startups in MENA 2022
The shared mobility market in the MENA region is set to expand with a compound annual growth rate of 18.4%…
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UAE’s B2B2C startup ‘The Cloud’ raises $10M in Series A
Abu Dhabi-based B2B2C cloud kitchen startup has raised $10M in a Series A funding round. The investment round was led…
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2022 tech layoffs wave tracker from around the world
From the first few months of 2022 until now, a wave of layoffs has been sweeping the United States of…
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Swvl lays off 32% of its employees to cut costs
Swvl Mass transit solutions provider will reduce its headcount by approximately 32% “400 employees” to cut central costs and enhance…
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Dubai-based Augustus Media Acquires CAM Plus Sports
The Dubai-based sports system integrator Augustus Media has acquired Cam Plus Sports startup aiming to make local sports more accessible…
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Egypt’s PraxiLabs is taking science education to a new level through 3D simulations
Egyptian startup PraxiLabs offers people equal opportunities to access an enhanced science education by providing 3D interactive virtual simulations that…
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