Startups
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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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Saudi eCommerce platform Haseel raises $6.6M in series A
Saudi-based fresh produce eCommerce startup Haseel has raised $6.6M in a Series A funding round. Vision Ventures led the round.…
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TFK Leverages Data to Push for Inclusion on IWD
Egypt’s Fashion and Beauty Marketplace, The Fashion Kingdom (TFK), has released a week-long campaign leveraging data for women’s empowerment in…
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