MENA Beehive
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VeFund acquired by CoreVision to boost startup ecosystem
The acquisition of VeFund, a cutting-edge platform at the forefront of startup evaluation and investor connections, has been announced with…
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Social app Hayi raised undisclosed Seed funding from Plus VC
With the participation of well-known regional angel investors, the UAE-based neighbourhood app has successfully raised an undisclosed sum in its…
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Egypt’s Ras El-Hekma to receive $35 B from UAE
An investment and holding company based in Abu Dhabi, ADQ, has announced plans to invest $35 billion in Egypt. For…
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13th edition of MINT Incubator programme invites applications from Egyptian startups
Applications for EGBank’s 13th edition of the MINT Incubator, which assists startups in developing and preparing for investment, are now…
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Nybl, Basserah announce merger to expand their regional reach
The completion of a merger between the two companies has been announced by Saudi technological leaders nybl, the pioneer of…
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$150 M fund launched by Sawari Ventures to back Egyptian startups
The CEO and co-founder of Sawari Ventures, an investment firm, revealed plans to open a new fund with a target…
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DFDF participates in Partech Africa II’s $300 M second closing
The international technology investment firm Partech has opened a new office in Lagos, is seeking to expand its team, and…
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Health service provider PhysioHome secured undisclosed Seed funding from angel investors
Angel investors participated in the completion of PhysioHome’s seed round, which is focused on providing health services. The business closed…
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$12 M Series B funding raised by Hub71 food tech startup The Cloud
An announcement has been made by the Hub71 food tech startup The Cloud regarding the successful first close of its…
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Gaming platform GameCentric received $1.5 M from Bilal Merchant
Bilal Merchant, an angel investor based in Dubai, has contributed $1.5 million (AED6 million) to GameCentric, the region’s newest gaming…
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