Amplify Growth Partnership launched a $100 million growth debt fund to support tech-focused companies in the M ..Read More

Amplify Growth Partnership launched a $100 million growth debt fund to support tech-focused companies in the MENA region, particularly in the GCC. Established in partnership with Ajeej Capital and Nuwa Capital, the fund is led by Sharaf Sharaf and has already closed its first deal with a fintech company in Saudi Arabia.
Read Less

• Tech-focussed

The European Bank for Reconstruction and Development (EBRD) invested $3 million in Ibtikar Fund II to support ..Read More

The European Bank for Reconstruction and Development (EBRD) invested $3 million in Ibtikar Fund II to support up to 25 early-stage Palestinian tech companies. The fund has successfully raised $25 million, exceeding its $15 million target and doubling its previous size, aiming to drive digitalization and job creation in Palestine.
Read Less

• Tech-focused

Saudi Arabia's mobility startup SHIFT has raised $82.8 million in funding from Merak Capital. This investment ..Read More

Saudi Arabia's mobility startup SHIFT has raised $82.8 million in funding from Merak Capital. This investment aims to accelerate SHIFT's growth and enhance its innovative intelligent solutions, positioning the company to further develop its tech-focused mobility services across the Kingdom.
Read Less

• Transport

Algeria-based edtech startup, LabLabee secured $3.4 million in seed funding, led by Reach Capital, with partic ..Read More

Algeria-based edtech startup, LabLabee secured $3.4 million in seed funding, led by Reach Capital, with participation from Classera and existing investors Brighteye Ventures and e& Capital. The funding will support LabLabee's expansion into the US market, enabling it to hire talent and develop new technologies for telecom training.
Read Less

• Edtech

UAE-based automotive SaaS startup, Seez raised $4.2 million from international investors to support its expans ..Read More

UAE-based automotive SaaS startup, Seez raised $4.2 million from international investors to support its expansion into the US market. This funding will enable Seez to tap into one of the largest automotive markets globally, enhancing its growth potential and strengthening its position in the industry.
Read Less

• Autotech

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.
Read Less

• Fintech

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.
Read Less

• 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.
Read Less

• Proptech