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

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

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

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 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

UAE-based fintech Ziina has secured new funding led by US-based Altos Ventures, with participation from Fintec ..Read More

UAE-based fintech Ziina has secured new funding led by US-based Altos Ventures, with participation from Fintech Collective, Avenir Growth, Activant Capital, Y Combinator, FJ Labs, MEVP, and Jabbar Internet Group. This investment will support Ziina's expansion from a payments solution to offering comprehensive financial services, starting with the upcoming ZiiCard.
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• Fintech

UAE-based HRtech Cercli has secured funding led by Afore Capital, with participation from COTU Ventures, Y Com ..Read More

UAE-based HRtech Cercli has secured funding led by Afore Capital, with participation from COTU Ventures, Y Combinator, Rebel Fund, and notable individual investors. Founded in 2023, Cercli helps businesses eliminate human error and reduce compliance costs. The investment will support its growth and talent acquisition efforts.
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• HRtech

Saudi Arabia-based fintech Tabby has finalized the acquisition of Tweeq, a Saudi-based digital wallet licensed ..Read More

Saudi Arabia-based fintech Tabby has finalized the acquisition of Tweeq, a Saudi-based digital wallet licensed by the Saudi Central Bank (SAMA). Founded in 2019, Tabby is a BNPL fintech with over $6 billion in annualized transaction volume. Tweeq, launched in 2020, offers a digital spending account for managing money. This acquisition will allow Tabby to expand its financial product offerings, including digital wallets, spending accounts, and money management tools.
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• Fintech