UAE-based F&B e-commerce platform Watermelon Ecosystem has closed a $4 million Series A funding round, led by undisclosed investors, who have acquired a 13.8% capital shareholding, giving the company a…

Egypt-based B2B e-commerce  platform Cartona has raised $8.1 million ​in a ​Series A extension ​fundraise, led by  Algebra Ventures, along with existing investors, including Silicon Badia and the SANAD Fund…

Saudi Arabia-based deeptech AI company Intelmatix has closed a $20 million Series A funding round, led by Shorooq Partners and joined by Saudi Venture Capital Company (SVC), Saudi Technology Ventures…

Egypt-based edtech Educatly has secured a new funding round of $2.5 million led by TLcom Capital and Plus VC. The round also saw participation from Egypt Venture (Egypt) and the…

Egypt’s MNT-Halan has raised $157.5 million in funding, featuring contributions of $40 million from the International Finance Corporation (IFC), with the remaining funds supplied by Development Partners International (DPI), Lorax…

Jordan’s Innovative Startups and SMEs Fund (ISSF) has increased its commitment to Oasis Ventures II fund (OVII) managed by Oasis500 from $3 million to $5 million. Founded in 2010, Oasis500…

Egypt-based fintech Banknbox has partnered with CSC Jordan to drive financial inclusion and offer joint advanced services to customers of both companies. Founded in 2022 by Bassem Mahmoud, Banknbox provides…

UAE-based fintech Mamo has raised a $3.4 million funding round, provided by existing investor 4DX Ventures and the Dubai Future District Fund, along with Cyfr Capital. Founded in 2019 by…

Iraqi VC firm EQIQ has led a pre-Seed round of the Finnish edtech Corrsy, which stands at $500,000. EQIQ, founded by Mohamed Al-Hakim, is a regional venture capital firm that…

UAE-HQ retail technology solutions provider Pathfinder has raised an investment of $325 million from Silver Rock Group, ahead of  its NASDAQ listing. Founded in 2000 by Ahmed Hussain and Sadique Ahmed, Pathfinder…