MENA Beehive
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Zuvees raises additional funds to grow in the Middle East and international markets
Zuvees, an AI-powered global gifting platform, has raised $1.6 million from IvyCap Ventures as part of its ongoing Series A funding…
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MNT-Halan attains $1.4 B valuation after investment round from Al Ahly Capital
MNT-Halan, Egypt’s leading fintech ecosystem, has reached a valuation of $1.4 billion following the first closing of a new investment…
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Edafa Venture acquires IRRI Vision and Kuadra to broaden its AI portfolio
Edafa Venture announced the acquisition of two AI startups operating in construction and healthcare sectors during AI Everything Middle East…
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To increase financial inclusion in Egypt, Blnk secured $37 M
Blnk, a fintech company on a mission to enable financial inclusion through rapid point-of-sale financing, has raised $12.5 million in…
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Actualize acquired by CNTXT AI in UAE to increase enterprise-grade Arabic AI agents
CNTXT AI, a UAE-based data and AI company, today announced the acquisition of Actualize, an enterprise AI company building dialect-aware…
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Anara Impact Capital reports first closure of $48 M MENA-focused fund
Anara Impact Capital, an impact venture capital firm investing across the Middle East & North Africa, today announced the first…
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Shorooq and Du collaborate on $50 M fund to support local startups
du, the leading telecom and digital services provider, today announced the launch of du Ventures, a $50 million corporate venture…
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After acquiring $100 M share from e&, Uber expands its ownership of Careem
UAE-based super app Careem is entering a new ownership phase after Uber agreed to acquire a 12.5% stake in Careem…
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Foras invests in Efham.ai.AI to make AI education more accessible in Arabic
Efham.ai, an AI education platform developed by Egypt-based NixAI, has secured an investment from Foras.AI to support its mission of…
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CargoX secures $250 M from BlueFive Capital for driverless logistics expansion
CargoX, an autonomous delivery platform based in the United Arab Emirates, announced today it raised $250 million from an investor…
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