UAE’s Neobank Savii Closes Pre-Seed to Launch in Bahrain
Savii Banking, the first female-founded neobank in the GCC, has raised a Pre-Seed fund to launch its services in Bahrain.
Founded in 2021 by Jane Harvey and Nichola Collinson, Savii targets unbanked teens aged...
UAE’s logistics startup Shorages secures $700K in seed
Shorages, UAE's logistics startup, has closed its Seed funding round of $700,000, led by Mayfair Holdings.
Founded by Rayan Osseiran in 2019, Shorages provides e-commerce platforms with digital, regulatory, and warehouse infrastructure needed...
Egypt’s online grocery Tawfeer secures $500K investment
Alex-based Tawfeer Market, the Egyptian online grocery retail startup, has raised US $500K in a seed round. Alexandria Business Angels Networks contributed to the funding round.
The startup operates in Egypt's second populated city, Alexandria,...
‘VO’ acquires majority stake in Kuwait’s ‘Duwaween Games’
VO, the first Kuwait-based integrated youth platform for incubating young talents, has signed an agreement to acquire a majority stake in ‘Duwaween Games’, a Kuwaiti games mobile application that was recently valued at USD...
Egypt’s Gahez Market secures US $2M in pre-seed
Cairo-based Gahez Market, a B2B E-commerce startup, has secured US $2M in its pre-seed round. Disruptech Ventures led the funding round; other investors also participated, Egypt Ventures and Tanmeyah (an EFG Hermes company). Besides...
Dubai-based Nice to Meet You secures US $1M Seed
The Dubai-based digital authentication startup Nice to Meet You (NTMY) has secured a $1M seed funding round. Saudi investors participated in the funding round along with Pure Group.
Founded in 2018 by Mohamad Baydoun, the...
Hello World Kids, ed-tech startup raises pre-series A
Hello World Kids, a Jordanian Ed-Tech company, has raised an undisclosed pre-Series A funding round. Vision Ventures participated in the round led by Daam Almonsha’at Holding and Oman Technology Fund (OTF).
Founded in 2015 by...
Egypt’s Sympl raises $6M in seed round by Beco Capital, Global Ventures, A15
"Save Now, Pay Later” fintech startup, Sympl has raised $6M following its launch last month. The investment is led by three top Venture Capital firms in the region including Beco Capital, A15, and Global...
Dubai-Based HyperSpace Secures $11M in Seed Round
Dubai-based Extended Reality (XR) Tech startup HyperSpace has secured US $11M inequity and development seed funding round.
Introsight and Dubai Financier Mohammed Afkhami led the funding. GoPuff Founder and CEOs Yakir Gola and Rafael Ilishayev,...
Cairo-Based EdTech Startup Career 180 Raises $200K
Cairo-based EdTech Startup Career 180 has raised $200K from EdVentures.The investment aims to develop a new employment platform and emerge it with the Freelance Yard platform.
Founded in December 2016, Career 180 aims to prepare...
