Investment
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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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Adobe Acquires Figma for US $20 Billion
Adobe acquired Figma for approximately $20 billion in cash and stock in one of the most significant digital design acquisitions.…
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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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Egypt’s Convertedin raises $3M to expand in MENA, LATAM
Convertedin, a marketing operating system for e-commerce brands, has raised a $3 million seed round from global and regional investors.…
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Careem acquires Dubai-based fintech startup ‘Denarii’
Careem has acquired the Dubai-based money transfer platform Denarii for an undisclosed amount, and some key members of the Denarii…
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Saudi’s PIF buys $1bn stake in Sweden’s Embracer gaming group
Saudi Arabia’s Public Investment Fund (PIF) is taking a stake in Swedish video game maker Embracer one month after investing…
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Saudi Public Investment Fund buys 23.97% stake in Jordan’s Capital Bank Group
Saudi Public Investment Fund acquired a 23.97 percent stake in Capital Bank Group, one of the largest banking groups in…
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Egypt’s Q-Commerce Appetito Acquires Tunisia’s Lamma
The Egyptian Q-commerce platform Appetito, which delivers groceries and household products to doorsteps, has acquired Lamma, a quick commerce app…
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Cairo Angels invests in South Africa’s Finclusion Group
Cairo-based micro VC fund, The Cairo Angels Syndicate Fund (CASF), has invested an undisclosed amount in the South Africa-based fintech…
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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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