Nowlun, an Egypt-based digital freight forwarding platform, has raised an additional $600,000 in a seed round ..Read More

Nowlun, an Egypt-based digital freight forwarding platform, has raised an additional $600,000 in a seed round extension led by Ingressive Capital, bringing its total funding to $2.3 million. Founded in 2021 by Moataz Khamis, Mahmoud Khaled, and Ahmed Emara, Nowlun allows businesses to compare sea freight services and rates in real-time, streamlining shipping decisions. The new funding will accelerate development of Nowlun’s AI-powered Smart Logistics Assistant, enhance operational efficiency, and support further expansion in Egypt and Saudi Arabia. Backed by top regional and African investors, Nowlun is reshaping MENA’s logistics landscape with smart, transparent, and scalable shipping solutions.
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• digital freight forwarding platform
• Logistics

Doha-based logistics startup, ShipBee closed a $235,000 pre-seed round led by Qatar-based GrowthX, with partic ..Read More

Doha-based logistics startup, ShipBee closed a $235,000 pre-seed round led by Qatar-based GrowthX, with participation from two angel investors and $40,000 in founder bootstrapping. The funding valued the company at $1 million. The capital was allocated toward expanding the team, enhancing product development, and supporting regional growth for its AI-powered logistics and international shipping solutions.
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UAE-based logistics startup, Canater raised $1 million from Foras in exchange for 10% equity. The investment a ..Read More

UAE-based logistics startup, Canater raised $1 million from Foras in exchange for 10% equity. The investment aimed to enhance Canater’s digital infrastructure, expand its market presence across sectors, and boost regulatory collaboration. Founded in 2024 by Khamis Soliman, Canater offers AI-powered cross-border trade solutions for MENA manufacturers, including digital contracts, logistics, and real-time shipment tracking.
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German logistics company, DHL eCommerce, the e-commerce logistics arm of DHL Group, acquired Saudi Arabia-base ..Read More

German logistics company, DHL eCommerce, the e-commerce logistics arm of DHL Group, acquired Saudi Arabia-based parcel logistics firm, AJEX, for an undisclosed amount. The acquisition strengthened DHL’s presence in the region, integrating AJEX’s express distribution, e-commerce, and freight services across Saudi Arabia, the UAE, Bahrain, and beyond.
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• Logistics

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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Egypt-based logistics startup, Fincart.io, raised an undisclosed amount in a pre-Seed funding round, led by Pl ..Read More

Egypt-based logistics startup, Fincart.io, raised an undisclosed amount in a pre-Seed funding round, led by Plus VC and joined by Plug and Play, Orbit Startups, Jedar Capital, and other regional investors. Founded in 2023 by Mostafa Elmasry and Nihal Ali, the funds will be used to enhance Fincart's platform, expand its courier network, and support the e-commerce market in Africa and the Middle East.
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UAE-based venture capital firm, Iliad Partners announced the launch and first close of its $50 million Iliad P ..Read More

UAE-based venture capital firm, Iliad Partners announced the launch and first close of its $50 million Iliad Partners Tech Ventures Fund I, backed by Jada Fund of Funds (a PIF company), the Olayan Family, and Masarrah Investment Company. The fund targeted early-stage B2B tech startups in the MENA region, with a focus on Saudi Arabia and the UAE, and verticals such as fintech, logistics, and proptech. It made its debut with investments in regional startups OTO, Penny, and Qashio.
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• Fintech
• Logistics
• Proptech
• Startups

Egypt-based logistics startup Nowlun raised $1.7 million in seed funding, led by Nama Ventures and A15, with p ..Read More

Egypt-based logistics startup Nowlun raised $1.7 million in seed funding, led by Nama Ventures and A15, with participation from Sanabil 500 Global and other angel investors. The funds will fuel Nowlun's expansion plans and accelerate the development of its platform.
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• Logistics