MENA Beehive

Ila Dhond16/01/2024
277

25 percent of Lyvely acquired by blockchain & cryptocurrency mining firm Phoenix

Phoenix Group PLC, a blockchain and cryptocurrency mining company, is going to buy a sizable portion of Lyvely, a social…
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Ila Dhond15/01/2024
289

$430K Pre-Seed funding raised by gaming platform Rize.gg

Angel investors led the $430,000 pre-Seed funding round for the Saudi Arabian e-gaming startup Rize.gg. Anmar Alharbi founded Rize.gg in…
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Ila Dhond15/01/2024
291

Spare raised $3 M to spearhead innovation in open banking across the Middle East

The $3 million funding round led by Vision Ventures, with participation from Wa’ed Ventures, Seedra Ventures, international investment firm 500…
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Ila Dhond15/01/2024
217

Egypt’s autotech FriendyM received $2 M funding

The first-ever car management and maintenance application in Egypt, “FriendyM,” was released recently, marking a significant advancement in the use…
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Ila Dhond09/01/2024
244

Kuwaiti ed-tech firm Baims acquired Egyptian online tutoring startup Orcas

In a calculated attempt to help Baims, a well-known Kuwaiti ed-tech business, take advantage of the thriving US $100 billion…
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Ila Dhond05/01/2024
257

Egyptian ed-tech startup iSchool raised $4.5 M for its international expansion

The ed-tech startup iSchool, based in Egypt, has raised US $4.5 million to expedite its plans to expand into six…
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Ila Dhond03/01/2024
272

Visa and CIB’s “She’s Next” competition awards $10K grants to three Egyptian startups

After placing in the top three of the She’s Next competition, which was sponsored by Visa and Commercial International Bank…
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Ila Dhond30/12/2023
205

CCAvenue presents payment options using QR codes for the UAE market

The Indian fintech company Infibeam Avenues Ltd.’s UAE-based subsidiary, CCAvenue.ae, has announced the launch of its mobile-based QR Code payment…
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Ila Dhond27/12/2023
240

Operations launched by Egyptian tech-focused VC firm and incubator T-vencubator

T-vencubator, an Egyptian venture capital firm, and incubator with a tech focus, has opened for businesses to invest in Egyptian…
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Ila Dhond21/12/2023
255

Egyptian e-health startup Chefaa raised $5.25 M to expand its operations in Saudi Arabia

A US $5.25 million funding round has been secured by Egyptian startup Chefaa, which offers a pharmacy benefits platform focused…
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