MENA Beehive
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Strategic stake in Jordan’s Mawdoo3 bought by Naif Al Rajhi Investment
The acquisition of a strategic stake (value undisclosed) in Mawdoo3, a business that specializes in large language models (LLMs) and…
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Iraqi edtech Eduba acquired for seven-figure amount by major telecommunications conglomerate
A major telecommunications conglomerate has acquired Eduba, an edtech startup, for an undisclosed seven-figure sum, Tajarib announced this week. The…
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BMCE Capital Investments makes $500K equity investment in PTS
A conditional agreement has been signed by BMCE Capital Investments, the private equity division of the BMCE Capital Group, to…
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EFG Hermes creates $7.5 M capital facility for Egypt’s Sylndr
The top investment bank in the Middle East and North Africa (MENA) region, EFG Hermes, a division of EFG Holding,…
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Watercycle Technologies secured $5.6 M Series A funding to enter MENA region
The $5.6 million Series A investment round led by Par Equity, in a syndicate with the University of Manchester Innovation…
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SEEDRA Ventures’ second fund invested in by Jada Fund of Funds
The recently established venture capital fund SEEDRA Ventures Fund II, which is managed by SEEDRA Ventures, has the support of…
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Beltone led $3 M Series A extension funding raised by ariika
Ariika, a well-known direct-to-consumer, digitally driven home furnishings company, has successfully closed its $3 million Series A extension equity round.…
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TBC Bank Uzbekistan Secures $10 million from EBRD, Aims to Expand Financial Inclusion of Women
Tashkent, Uzbekistan – TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces today it has secured a $10…
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EdfaPay raised $5 M Pre-series A funding to fuel MENAP expansion
The top fintech platform in Saudi Arabia, EdfaPay, has raised $5 million in a pre-series A funding round led by…
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Digital logistics engine Locad secured $9 M Pre-series B funding
The $9 million pre-Series B fundraising campaign has been announced by Locad, the top intelligent digital logistics engine that powers…
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