MENA Beehive
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Foundation Ventures completes $25 M fund’s first close
The $25 million fund “FVFII” of Cairo-based venture capital firm Foundation Ventures has successfully closed its first closing. By encouraging…
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To support Saudi expansion, Simplex raised $13 M
As part of Saudi Arabia’s efforts to support and localize advanced industries in the Kingdom, Simplex, a growing startup in…
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Debt crowdfunding platform Lendo raised $690 M facility from J.P. Morgan
Lendo, Saudi Arabia’s top debt crowdfunding platform, has landed a USD 690 million (SAR 2.6 billion) warehouse under J.P. Morgan’s…
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Ibtikar Fund makes undisclosed investment in Nabeeh
Ibtikar Fund is thrilled to announce its investment in Nabeeh, a revolutionary PropTech startup that is using cutting-edge technology and…
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Majority stake in Prepit acquired by Dsquares
A majority stake in Prepit, a B2B SaaS loyalty platform that specializes in AI-driven solutions for SMEs in the food…
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Saudi edtech UpLevel raised undisclosed Pre-seed funding from angel investors
An undisclosed pre-Seed funding round has been raised by a group of angel investors for the Saudi edtech startup UpLevel.…
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Silkhaus to support KSA expansion with seven-figure growth round
Leading proptech startup Silkhaus (www.silkhaus.com), which is transforming the Middle East and Asian short-term rental market, has announced the completion…
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Dynamic risk management platform Maalexi raised $3 M Debt funding from Citi
Maalexi, a dynamic risk management platform with its headquarters in the United States that assists small and medium-sized agribusinesses in…
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Egypt’s Fincart raised Pre-seed funding from Plus VC
The pre-seed funding round for Fincart.io, a platform that helps e-commerce SMBs improve shipping and unlock working capital, was successfully…
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Biotech firm BioSapien raised $7 M Pre-series A funding
The pre-Series A funding round for BioSapien, the innovative biotech company that created the ground-breaking localized cancer treatment platform MediChipTM,…
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