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Mila Celebrations raises $227,000 pre-Seed

Saudi Arabia-based event planning platform Mila Celebrations has raised $227,000 in a pre-Seed round from angel investors.  Founded in early 2024 by Muhammad Ghourbal, Mila Celebrations offers a one-stop solution for organising events and celebrations.  Mila plans to use the investment to expand into the broader GCC market. Press Release: Mila Celebrations, a tech-driven event…

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Kwiks secures $827,000 in funding from Azur Innovation

Morocco-based HRtech Kwiks has raised $827,000 in funding from Azur Innovation Management (AIM). Founded in 2013 by Amine Khayatei Houssaini and Karim Kaoukabi, Kwiks streamlines the hiring process by connecting companies with top freelance headhunters. The new funding will enhance Kwiks’ recruitment efforts by accelerating the development of its AI-driven solutions. Morocco World News…

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Egyptian edtech Farid secures $250,000 pre-Seed

Egypt-based edtech Farid has raised $250,000 in a pre-Seed funding round from Saudi businesswoman Amal bint Abdulaziz Al-Ajlan.  Founded in 2024 by Mahmoud Hussein, the Farid platform focusses on character education and mental health support for children and youth aged 3 to 18 years. The company will use the funding to develop its platform and …

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Egypt’s SETTLE secures $2 million pre-Seed

Egypt-based fintech SETTLE has raised a $2 million pre-Seed round, led by Shorooq Partners, with support from El Sewedy Capital Holding, Acasia Ventures, and Plus VC.  Founded in 2023 by Kamil Sayour and Mostafa Mobarak, SETTLE is a web-based B2B payment platform that modernises financial operations for enterprises. With this new funding, SETTLE plans to…

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Algerian edtech LabLabee closes $3.4 million Seed round

Algeria-based edtech LabLabee has raised $3.4 million in a Seed funding round, led by Reach Capital with contributions from Classera and supported by existing investors Brighteye Ventures and e& capital, along with business angels like Cedric Sellin and Mohammed Husamaddin. Founded in 2021 by Samir Tahraoui and Mahfoud Sidi Ali Mebarek, LabLabee offers practical, hands-on…

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Sira members unlock $3.2 million in value within first two years

Jordan-based membership-based business community Sira has announced achieving $3.2 million in value generated by 90 of its members within the first two years of operation. Founded in 2022 by Zara Najjar and Ayah B. Saeed, Sira is a community business that prioritises holistic growth, inclusivity, and values-driven connections.  With extended operation across the region, including Jordan,…

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Seez raises $4.2 million to fast-track US expansion plan

Seez, a UAE-based automotive SaaS startup, has raised $4.2 million from several international investors. Founded in 2015 by Tarek Kabrit and Andrew Kabrit, Seez is an automotive tech company that provides car dealerships and OEMs with software solutions to improve their customer experience and increase sales.  After expanding into markets such as the UK, Australia, Denmark,…

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Egyptian businessmen launch $42 million NextEra to transform educational landscape

A coalition between EYouth and a list of Egyptian businessmen, including Mohamed Farouk, Ahmed Tarek, Mustafa Abd Ellatif and Mokhtar Ahmed, has launched NextEra Education, an initiative aimed at  modernising the educational landscape in Egypt with an investment of $4.2 million (EGP2 billion).  The initiative aims at integrating advanced AI technologies, overhauling traditional curricula, and…

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