Egypt-based B2B medtech i‘SUPPLY has secured a pre-Series A round, which brings the company’s total funding to $2.5 million since its inception in 2022.  The funding round saw participation from several investment funds, including Disruptech Ventures, OneStop Capital, Axian Investment CVC and Egypt Ventures, among others. Founded in 2022 by Ibrahim Emam, Malek Sultan and Moustafa…

The fund will scout tech sectors “agnostically’, while placing strategic interest in climate and energy tech, and AI. Qatar-based venture capital firm Rasmal Ventures has launched a…

An article by Mohamed Abdelmotaleb, Vice President and Head of NBA Egypt. Imagine a future where Egyptian athletes consistently dominate the global sporting scene, not just despite limitations but because of a thriving sports technology and AI ecosystem. This isn't just a pipe dream; investing in this sector is not just a matter of national pride…

Tenderd leverages AI to convert data into actionable insights in construction, manufacturing, and logistics sectors. UAE-based construction tech startup Tenderd has raised $30 million in a Series…

Iraq-based e-commerce platform Orisdi has raised a six-figure bridge round of investment, backed by existing investors, including Al Sharqiya TV Group, Iraq Venture Partners (IVP), Amar Shubar, Nour Sabri, Mazin Yaseen, Mohammed Faraj, Rayya Al Zubaydi, Naveed Pasha, and Ahmed Al Kiremli, among other angel investors. Founded in 2019 by Ahmed Al Kiremli and Hala…

Founded in 2020 by Helen Chen, the startup provides a customised experience, from financing to accessing off-market listings. UAE based proptech startup Nomad Homes wants to change…

UAE-based hospitality platform Qstay has raised $4.6 million in a pre-Series A funding round, through a combination of conventional and convertible debt. Founded in 2020 by Artur Khayrullin, Ekaterina Rogozhina, Alec Fesenko and Natalya Fesenko, Qstay operates as a virtual hotel brand with 200 units. It also provides digital app-based access to nearby pools, beaches,…

UAE's NowMoney closes $4 million equity round News   Edit UAE-based fintech NOW Money has closed a $4 million equity round. The investment completes the second round of funding for the Company since its acquisition led by Mark Nutter and Nicolas Andine in 2023.   Founded in 2015 by Ian Dillon and Katharine…