Tunisia-based P2P fashion marketplace, Dabchy, secured a pre-Series A funding round led by Janngo Capital and ..Read More

Tunisia-based P2P fashion marketplace, Dabchy, secured a pre-Series A funding round led by Janngo Capital and angel investors for an undisclosed amount. The investment aimed to support Dabchy’s expansion into new markets, including Egypt, while broadening its product offerings and enhancing its platform.
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• Ecommerce

UAE-based Dubizzle Group acquired Egypt-based online car marketplace, Hatla2ee, for an undisclosed amount. The ..Read More

UAE-based Dubizzle Group acquired Egypt-based online car marketplace, Hatla2ee, for an undisclosed amount. The acquisition aimed to integrate Dubizzle’s advanced technology and resources into Hatla2ee’s platform. Previously, in May 2024, Dubizzle Group acquired Drive Arabia, a UAE-based automotive media and reviews platform.
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• Autotech

Egypt-based B2B SaaS startup, Qme, secured $3 million in a seed funding round led by AHOY, with participation ..Read More

Egypt-based B2B SaaS startup, Qme, secured $3 million in a seed funding round led by AHOY, with participation from GCC-based angel investors. The investment supported Qme in enhancing its technology stack, expanding its operational reach, and strengthening partnerships.
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• SaaS

UAE-based fintech, Blum, secured $5 million in a pre-seed and seed funding round led by gumi Cryptos Capital, ..Read More

UAE-based fintech, Blum, secured $5 million in a pre-seed and seed funding round led by gumi Cryptos Capital, Spartan, No Limit Holdings, YZi Labs, and OKX Ventures. The investment enabled Blum to enhance its infrastructure, improve trading functionalities, and expand its operations across multiple blockchain networks.
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• Fintech

Saudi Arabia-based fintech, Tabby, secured $160 million in a Series E financing round at a $3.3 billion valuat ..Read More

Saudi Arabia-based fintech, Tabby, secured $160 million in a Series E financing round at a $3.3 billion valuation. The round was led by Blue Pool Capital and Hassana Investment Company, with participation from STV and Wellington Management. This investment will accelerate Tabby’s expansion in financial services and support its planned IPO. Previously, in October 2023, Tabby closed its Series D round at $200 million.
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• Fintech

Saudi Arabia-based contech, Buildnow, secured a $9.7 million funding round, led by STV and Arbah Capital, with ..Read More

Saudi Arabia-based contech, Buildnow, secured a $9.7 million funding round, led by STV and Arbah Capital, with additional funding from debt financing to support its expansion. In March, the company raised $9.4 million in seed funding, comprising $6.5 million in equity and $2.9 million in debt. The investments reinforce Buildnow’s efforts to enhance SME access to construction materials through its build-now-pay-later platform.
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• Contech

Saudi Arabia-based fintech, RasMal, secured $4.8 million in a pre-Series A investment round led by Syndicate E ..Read More

Saudi Arabia-based fintech, RasMal, secured $4.8 million in a pre-Series A investment round led by Syndicate Element Holding Group (SHG). The funding will support the company in introducing new tools and services to streamline fundraising processes and equity transfers. Founded in 2019, RasMal provides digital solutions for cap table management, fundraising, and investor relations
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• Fintech

Saudi Arabia-based logistics startup, PIESHIP, secured $2.1 million in a seed funding round led by Nama Ventur ..Read More

Saudi Arabia-based logistics startup, PIESHIP, secured $2.1 million in a seed funding round led by Nama Ventures, with participation from SEEDRA Ventures and angel investors. A year earlier, the company raised an undisclosed pre-seed investment from the same investors. The latest funding will support PIESHIP’s expansion in the Saudi market, strengthening its warehouse management and logistics technology solutions.
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• Logistics