MENA Beehive

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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RemotePass secures $17.4 M Series B funding to accelerate global expansion

RemotePass, the global employment, payroll, and spend platform founded in the UAE in 2021, has raised $17.4 million in Series…

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$70 M Growth fund for Jordanian tech companies Manara Ventures unveiled by JCIF

Jordan Capital and Investment Fund (JCIF) announced the official launch of Manara Ventures, a JOD 50 million (approximately USD 70.5…

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216 Capital invests six figures in Tunisian insurtech EYST

In an insurance sector undergoing full digital transformation, where customer experience, reimbursement speed, and fraud prevention are becoming major strategic…

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Digital financing marketplace Arib’s $23.5 M funding aimed at Saudi digital lending boom

Arib, the Saudi digital financing marketplace, has raised $23.5 million in a funding round led by Merak Capital, as the…

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With new $12 M investment, Sweden’s PlayReplay plans to expand into MENA

PlayReplay, an AI-powered intelligent court system for racquet sports, announced an investment from Alfvén & Didrikson (A&D). Leading this fundraise,…

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To create unified startup infrastructure throughout MENA, GrowthLabs acquires Startup Gate

GrowthLabs, a leader in digital ecosystem building, today announced its acquisition of Startup Gate, a hub connecting founders, investors, and…

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