Egypt-based fintech Paymob has secured additional funding led by EBRD Venture Capital, with participation from ..Read More

Egypt-based fintech Paymob has secured additional funding led by EBRD Venture Capital, with participation from Endeavor Catalyst and existing investors like PayPal Ventures, BII, FMO, A15, Nclude, and Helios Digital Ventures, bringing its total Series B funding to $72 million. This will support Paymob's growth strategy across MENA.
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• Fintech

Saudi Arabia-based proptech HissaTech has secured funding in a pre-Seed round led by unnamed angel investors. ..Read More

Saudi Arabia-based proptech HissaTech has secured funding in a pre-Seed round led by unnamed angel investors. Founded in 2024, HissaTech offers a platform that enables individuals to co-own properties, providing rental income and potential capital gains while reducing barriers for smaller investors. The investment will be used to expand its customer base, enhance its digital platform, and build strategic partnerships within the proptech sector.
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• Proptech

UAE-based fintech FlapKap has secured new funding led by BECO Capital, with notable investment from Pact VC an ..Read More

UAE-based fintech FlapKap has secured new funding led by BECO Capital, with notable investment from Pact VC and follow-on contributions from A15, Nclude, QED Investors, along with debt financing from Channel Capital. This brings FlapKap's total funding to $37.6 million.
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• Fintech

Entlaq, an Egypt-based company supporting entrepreneurs, has acquired a stake in the Egyptian foodtech Brotinn ..Read More

Entlaq, an Egypt-based company supporting entrepreneurs, has acquired a stake in the Egyptian foodtech Brotinni for an undisclosed amount. Founded in 2020 by Dalia Abu Omar, Brotinni is a dark store specializing in online meat and poultry sales. The investment will help Brotinni expand its operations within Egypt and into regional markets.
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• Foodtech

Oman-based cloud kitchen IO Kitchens has secured funding led by Tanmia Small-Cap Fund, with support from famil ..Read More

Oman-based cloud kitchen IO Kitchens has secured funding led by Tanmia Small-Cap Fund, with support from family offices and regional investors. Founded in 2021, IO Kitchens provides a variety of delivery-only meals and currently operates three cloud kitchens with over 30 F&B brands. The investment will enable the company to expand its operations across Oman.
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• Foodtech

Tunisia-based cleantech Wattnow has secured a multi-million dollar funding round led by Lateral Frontiers and ..Read More

Tunisia-based cleantech Wattnow has secured a multi-million dollar funding round led by Lateral Frontiers and 216 Capital, with participation from Outlierz Ventures, Satgana, Octerra Capital, and strategic angel investors. Founded in 2018, Wattnow provides companies with plug-and-play hardware and software solutions to manage their energy usage. The new funds will support Wattnow’s global expansion.
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• Cleantech

Saudi Arabia-based SaaS provider Reachware has secured funding led by Sadu Capital, with participation from 50 ..Read More

Saudi Arabia-based SaaS provider Reachware has secured funding led by Sadu Capital, with participation from 500 Sanabil Investments and Elm Company. Founded in 2021, Reachware offers services such as system integration, process automation, and advanced analytics. The company will use the investment to expand operations, develop new products, and strengthen its presence in the GCC market.
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• Information Technology

Saudi Arabia-based autotech Syarah has secured funding led by Artal Capital, with participation from Elm, Impa ..Read More

Saudi Arabia-based autotech Syarah has secured funding led by Artal Capital, with participation from Elm, Impact46, Tawuniya, and Derayah Ventures, bringing its total investment to over $82 million.
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• Autotech