MENA Beehive
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Egypt’s Cyclex acquired by Edafa Venture in Six-figure deal
Startup Sync, the integrated entrepreneurship platform operating in both Egypt and Saudi Arabia, has successfully facilitated the acquisition of Egyptian…
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Majority stake in AI startup Kernel acquired by Falak Holding
Falak Holding announced its acquisition of a majority stake in Kernel, including its branches in Saudi Arabia and Jordan. Kernel…
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$22.8 M closed by Homegrown Ventures Fund I to support consumer brands in MENA
Homegrown Ventures today announced the final close of Fund I, with a raise of over $22.8 million for its debut…
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GIF supports Egypt’s Reme-D to reduce diagnostic expenses by forty percent
Egyptian biotech startup Reme-D has secured a $500,000 investment from the Global Innovation Fund (GIF) to expand its operations and…
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Saudi proptech Jozo closes $2.2 M in Seed funding round
Saudi proptech startup Jozo has announced the successful close of its SAR 8.3 million ($2.21 million) seed funding round, led by…
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$69 M venture-building programme launched by Tamwilcom to support 800 Moroccan startups
Moroccan public financing institution Tamwilcom has announced the launch of its new “Startup Venture Building” programme, a MAD 700 million…
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With Kernel Camp, Propeller brings five MENA deeptech startups to Silicon Valley
Propeller, the venture capital firm focused on AI infrastructure, announced the inaugural cohort of Kernel Camp, its annual deep-tech residency…
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ElGoat raised $266K Seed funding to build skill-based football gaming platform
Saudi sports gaming startup ElGoat has announced the close of a $266,000 Seed funding round via Trigon, reaching a valuation…
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Egypt’s Lucky raised $23 M Series B funding to expand in North Africa
Lucky, a leading financial technology company in Egypt and the Middle East, today announced the successful closing of a $23…
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Maison Safqa receives $620K in Pre-seed funding from Sanabil 500
Maison Safqa, a Saudi-based flash-sale platform for premium and luxury brands, has raised $620,000 in a pre-seed funding round with…
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