MENA Beehive
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$1 M debt funding secured by Egyptian fintech startup Hollydesk
Hollydesk, an Egyptian financial firm, has acquired $1 million in venture loan funding from unidentified investors to increase its product…
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$3.5 M Seed funding secured by Egyptian marketing startup Gameball
Gameball, an Egypt-based marketing CRM platform, has closed a US $3.5 million seed round to hasten the commercialization of its…
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$16 M Series B funding received by Egyptian digital healthcare startup Yodawy
Yodawy, an Egyptian digital healthcare startup that uses technology, knowledgeable pharmacists, and cutting-edge logistics to pioneer a pharmaceutical benefits management…
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Egyptian fintech MNT-Halan obtains $340 M in debt, equity capital
After receiving US $200 million in equity capital and an additional US $140 million in debt, the Egyptian FinTech business…
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In $15 M share exchange deal, Egyptian e-sports platform GBarena acquired Galactech
In a share transaction for US $15 million, the Tunisian company Galactech was bought by Egyptian upstart GBarena, the top…
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Israeli cloud management firm Cloudify bought by Dell for $100 M
According to a source briefed on the agreement, global computer giant Dell has bought Israeli cloud management firm Cloudify for…
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$500k Forbes competition invites North African startups
To find new companies devoted to bringing about big, deep beneficial impacts via technical innovation, Forbes and the Aviram Foundation…
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20% employees to be let go by fintech Pagaya Technologies
Pagaya Technologies Ltd., a provider of financial technology, announced that it was laying off close to 20% of its workforce…
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Tabby secured $58 M Series C funding from Sequoia India, PayPal Ventures
The United Arab Emirates (UAE)-based purchase now, pay later company Tabby has secured US $58 million in a series C…
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Egypt’s KarmSolar secures $3 M in debt financing for cutting-edge micro grid system
To support the future development and distribution of Farafra Solar Grid, the company’s second micro-grid-solution, which can handle 100% of…
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