MENA Beehive

Ila Dhond05/02/2024
248

Lunment led Pre-seed funding round closed by Naeem

The Pre-Seed funding round led by Lunment and a group of angel investors has come to an end, according to…
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Ila Dhond05/02/2024
241

Midori raised $200K Pre-seed at COP28

In a major development for the climate-tech industry, Kirill Veselov, an angel investor and former investment director of venture capital…
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Ila Dhond01/02/2024
231

Scale Iraq initiative launched by IFC, IVP to support Iraqi startups

To address the difficulties faced by Iraqi entrepreneurs, the International Finance Corporation (IFC), Iraq Venture Partners (IVP), and Innovest Middle…
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Ila Dhond01/02/2024
331

UAE’s Global Equipment Trading acquired by Plant & Equipment

Plant & Equipment, the leading MENA marketplace for construction equipment, has announced the purchase of Global Equipment Trading, which is…
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Ila Dhond01/02/2024
232

Egypt’s AI-powered logistics startup Roboost raised $3 M from Silicon Badia

With funding from Silicon Badia, RZM Investment, Flat6Labs, and Saudi Angel Investors, the AI-powered logistics startup closed a $3 million…
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Ila Dhond01/02/2024
244

P2P car rental platform Ejaro raised $3.28 M in Pre-Series A funding round

The Pre-Series A funding round, which raised over 12.3 million Saudi Riyals and was led by cooperative and angel investors,…
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Ila Dhond29/01/2024
224

Edtech iStoria concludes its Seed round at $1.3 M

The specialized English language teaching app iStoria is happy to announce that its Seed investment round has concluded successfully, raising…
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Ila Dhond25/01/2024
282

LLM AI powerhouse DXwand secured $4 M Series A Equity funding

The $4 million Series A equity round for DXwand, a Middle East-based AI powerhouse in LLM, knowledge mining, and omnichannel…
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Ila Dhond25/01/2024
356

BitsCrunch received $2.4 M investment from UAE’s Cypher Capital

The United Arab Emirates (UAE)-based Cypher Capital, a top multi-strategy cryptocurrency investment firm, co-led a $2.4 million strategic investment round…
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Ila Dhond25/01/2024
326

212Founders led $1.42 M Seed funding raised by Morocco’s Crealo

The 212Founders program, which is run by CDG Invest, the CDG Group’s investment arm, has made a strategic investment in…
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