MENA Beehive
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Growth Catalyst Fund I obtains Jada Fund of Funds’ initial commitment
Saudi Arabia’s Jada Fund of Funds has made its first commitment to Growth Catalyst Fund I, a private equity fund…
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AI-powered operating system Fincart receives $2.8 M to expedite regional growth
Fincart, the AI-powered operating system for e-commerce merchants, today announced the successful close of its oversubscribed seed funding round. This…
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Syria’s super app Labby raises $10 M investment from multiple investors
Syrian super app Labby has secured a $10 million investment from a consortium of investors from the UAE and Saudi…
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TBC Bank Group Completes Acquisition of Majority Stake in OLX Uzbekistan, Expanding Its Reach
TBC Bank Group PLC (“TBC Group”), which operates the leading financial services group in Georgia and one of the largest…
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To expand embedded financing for Saudi SMEs, SILQ raises $20 M
Saudi B2B commerce and fintech platform SILQ has secured a $20 million Shariah-compliant structured financing facility from emerging markets asset…
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SVC supports Saudi digital businesses by investing in SEEDRA Ventures Fund II
Saudi Venture Capital (SVC) has announced its investment in SEEDRA Ventures Fund II, a venture capital fund managed by SEEDRA…
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Kuadra raises capital to increase AI adoption in construction management
Egyptian construction technology startup Kuadra has secured a funding round led by Edafa Venture Capital to accelerate the launch of…
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Anara Impact Capital led $1.45 M investment raised by Egypt’s Reme-D
Reme-D, an Egyptian healthtech company developing and manufacturing molecular diagnostic solutions, has closed a $1.45 million Pre-Series A funding round…
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Mobile game developer FLOATY Studio secures $1 M led by Merak Capital
Saudi mobile game developer FLOATY Studio has raised $1 million in a funding round led by Merak Capital through the…
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DIFC’s first AI-native asset manager launched by Deep Finance Capital
Deep Finance Capital, an asset management and financial services firm regulated by the Dubai Financial Services Authority (DFSA), today announced…
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