MENA Beehive
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Ray invests $1.2 M to launch in Dubai
Ray, a powerbank-sharing service, announced its launch in Dubai and revealed it has raised a $1.2 million seed round, primarily from…
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Aya raised $7 M Series A funding to scale on-demand fashion model
Saudi fashion startup Aya has announced the successful close of its SAR 26 million Series A round, led by RAED…
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Super app Snoonu launched Snoonu Startup Factory to support early-stage founders
Qatar-based super app Snoonu has announced the launch of Snoonu Startup Factory, a new initiative aimed at supporting early-stage founders…
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Fintech INVIA raises $1.2 M to build AI-powered financial OS for SMEs
Egyptian fintech startup INVIA has raised $1.2 million from angel investors and strategic supporters to scale its AI-powered financial operating…
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Egypt’s Cyclex acquired by Edafa Venture in Six-figure deal
Startup Sync, the integrated entrepreneurship platform operating in both Egypt and Saudi Arabia, has successfully facilitated the acquisition of Egyptian…
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Majority stake in AI startup Kernel acquired by Falak Holding
Falak Holding announced its acquisition of a majority stake in Kernel, including its branches in Saudi Arabia and Jordan. Kernel…
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$22.8 M closed by Homegrown Ventures Fund I to support consumer brands in MENA
Homegrown Ventures today announced the final close of Fund I, with a raise of over $22.8 million for its debut…
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GIF supports Egypt’s Reme-D to reduce diagnostic expenses by forty percent
Egyptian biotech startup Reme-D has secured a $500,000 investment from the Global Innovation Fund (GIF) to expand its operations and…
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Saudi proptech Jozo closes $2.2 M in Seed funding round
Saudi proptech startup Jozo has announced the successful close of its SAR 8.3 million ($2.21 million) seed funding round, led by…
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$69 M venture-building programme launched by Tamwilcom to support 800 Moroccan startups
Moroccan public financing institution Tamwilcom has announced the launch of its new “Startup Venture Building” programme, a MAD 700 million…
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