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.
Tunisian FinTech Paymee Closes a 6-figure Investment Led by P1 Ventures
Paymee, a Tunisian fintech startup, has secured six figures in a financing round led by P1 Ventures. The startup plans...
Sary and Retailo raises $37.2 million combined in a fresh round of funding
Sary received $30.5 million from VentureSouq in a Series B financing, while Retailo received $6.7 million from Shorooq Partners in...
Nessiam, a Moroccan startup, has secured USD 306,000 in funding.
Nessiam, a Moroccan inclusive lingerie tech firm, has received 3 million Dirham ($306,000) equity funding from the CDG Group's investment...
A Saudi Recommerce Startup Soum Announces Raising $4M in Seed Round
Soum, a Saudi recommerce provider and C2C platform that has been thriving in the shadows since its establishment in 2021,...
Eikonikos Prepares to Enter MENA into Metaverse by Raising $2M
As the Middle East and North African region begins their first steps into the vast, uncertain, and unstable realm of...
Egyptian FinTech Startup Lucky Raises A Whopping $25 Million In Series Round A
Lucky, a fintech startup based in the Middle East, just secured a $25 million Series A round of fundraising, the...
KSA’s Foodics raises $170 million to expand F&B POS internationally
This latest round of funding will support Foodics’ regional and international expansion, including its M&A strategy to increase market penetration....
Egypt’s Algebra Venture receives $15 million injection fund from IJC
Algebra Ventures has secured a $15-million commitment from the International Finance Cooperation (IFC), a member of the World Bank Group,...
UAE’s agritech startup Right Farm raises $2.8 million to transform the fresh produce supply chain
The funds will be used to support Right Farm's technology development and growth plans in the Middle East, North Africa,...
Egyptian utility startup Pylon raises $19m seed round
Egyptian startup, Pylon has raised a US$19 million seed funding round to accelerate its expansion into new markets. The startup...
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