Press release: Mintiply Capital, a leading advisory and investment banking firm in the UAE renowned for its expertise in M&A, complex deals’ structuring and alternative investments, proudly announces an exclusive partnership with Fuel Venture Capital, a prominent U.S.-based venture capital firm. This collaboration aligns with the UAE’s vision of fostering a robust startup ecosystem and…

Saudi Arabia-based interior design marketplace Revie has raised a $2.5 million Seed funding round led by Sanabil Venture Studio by Stryber. Founded in 2024 by Ibrahim Abu Khadra, Revie is a renovation platform offering an end-to-end solution for residential and commercial renovations. With the fresh funding, the company will be able to invest in technology…

Press release: Saudi Venture Capital (SVC) has announced its investment in Global Ventures III, an early-stage venture capital fund managed by Global Ventures. The fund size is in excess of $150 million.  The fund will target investing in tech and tech-enabled sectors across Saudi Arabia, MENA, and Sub-Saharan Africa, focusing primarily on supply chain technology,…

Palestinian-Dutch company TAP has raised $1 million in investment, led by Invest International in the Netherlands, besides other contributions from a group of impact angel investors. Founded in 2018 by Jafar Shunnar and Christian Vezjak, TAP initially aimed to create jobs in Gaza. Over time, the company has evolved into a fully scalable tech solution…

Egypt-based agritech ReNile has raised $450,000 in investment from undisclosed investors.  Founded in 2017 by Hazem Eltawab, ReNile provides a full-stack solution for farmers from monitoring systems, emergency alerts, controlling, and analytics of the best practice model for farming through its online platform. The Egyptian version of Shark Tank featured ReNile's CEO, which helped boost…

Saudi Arabia-based AR/VR experience provider “Vreal” has secured an undisclosed pre-seed investment round from numu Angels Investment Community. Founded in 2022, Vreal provides e-commerce businesses with the ability to convert their products into 3D models within 30 seconds using advanced scanning technology. Vreal plans to expand the applications of its technology to other fields such…

Egypt-based edtech-focused VC EdVentures, the investment arm of Nahdet Misr, has pledged six-digit investments to two Egyptian edtech startups, Schoolz and Ibn Sina Training Academy. Founded in 2020 by Abdel Monsef Ismail, Ayman Hamza and Hosni Ahmed, Schoolz is a tech-driven platform that provides safe, affordable, and reliable student transportation solutions. Ibn Sina, founded in…

An article by Vera Modenova, COO at Flowwow E-commerce in the Middle East and North Africa (MENA) region is experiencing rapid growth, projected to reach nearly $50 billion by 2028. New technologies change how online retail works, creating both new opportunities and some challenges for businesses. In this dynamic environment, adaptability is crucial. In this article,…

Saudi Arabia-HQ foodtech Calo has raised $25 million in its Series B funding round, led by Nuwa Capital, with participation from STV and Khwarizmi Ventures, along with regional family offices. Founded in Bahrain in 2019 by Ahmed Alraw and Moayed Almoayed, Calo is a direct-to-consumer (D2C) foodtech that provides personalised meal subscriptions to a growing…

UAE-based men’s wellness app Better has raised a $550,000 pre-Seed round led by Salica Spring Studios’ fund, backed by Salica Investments and Al Waha Fund of Funds, and Plus VC (+VC). Founded in 2024 by Walid Dib and Hassanain Anver, Better is a men’s wellness startup dedicated to providing personalised solutions for physical health while…