Funding
Keep up with the latest MENA region funding news with our blog. We'll keep you up-to-date on the latest funding announcements, grants, and regional competitions.
Egypt’s FoodTech Suplyd Raises $1.6M Pre-SEED Funding
Arabic Egypt's digital restaurant supply chain startup Suplyd has closed a $1.6M Pre-SEED funding round by Endure Capital, Seedstars, Camel...
Morocco’s E-Commerce Justyol Raises $350K Pre-SEED Funding
Arabic E-commerce startup Justyol has raised $350K in Pre-SEED funding from Earn Rocket Investment Holding. Founded in 2022, Justyol is...
Bahraini FoodTech Calo Raises $13M Pre-Series A
Calo, a startup in the food tech sector, has raised $13M in a Pre-Series A round led by Nuwa Capital...
UAE’s Fenix Games Raises $150 Million to Invest in Blockchain-based Game Development
UAE-based Fenix Games has raised a US$150 million investment led by Phoenix Group, Cyphe Capital and other investors. Founded in...
Over $60 Million Funds Raised to Support the Ecosystem of 14 Arab Startups in November 2022
This report, prepared by Rasmal, touches on the list of investments in 14 Arab startups that either received funding or...
SmartProf, an Edtech Startup in Morocco, Has Raised $110,000 in a Pre-Seed Round
Morocco-based SmartProf, an online tutoring marketplace for school-aged students has closed a pre-Seed funding round of $110,000 from Plug and...
How does your Startup Spend the Fundraising Money?
In this article adapted from the platform Inc. by Joe Procopio, founder of TEACHINGSTARTUP.COM, the author doesn't try to talk...
Cypher Capital Funds Rekt Studios with $1.5 Million to Develop Metaverse Gaming Ecosystem.
Rekt Studios, a Dubai-based startup has announced it’s secured $1.5 million in funding from Cypher Capital, a Dubai-based leading blockchain...
Saudi Startup DataLexing Raises $3 Million in Funding Led by Sadu Capital
The advanced All-in-One Data-Driven Productivity Platform DataLexing has raised $3 million in a Seed Round led by Sadu Capital, with...
Modus Establishes $75 Million Fund to Invest in African Startups
Modus, a Venture Platform operating in MENA comprising VC funds, Venture Builders, and a Corporate Innovation arm, has announced the...
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