Morocco-based mobility startup, Enakl raised $1.4 million in a pre-Seed funding round, led by Catalyst Fund, w ..Read More

Morocco-based mobility startup, Enakl raised $1.4 million in a pre-Seed funding round, led by Catalyst Fund, with participation from Renew Capital, Digital Africa, Station F, and 15 business angels. The funds will enable Enakl to strengthen its presence in Casablanca, expand its reach, and accelerate the development of its AI-driven technology to optimize routes for sustainable, collective transport solutions tailored to emerging markets.
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• Transport

Mobility startup invygo, based in Saudi Arabia, has secured an $8 million Series A extension led by STV's NICE ..Read More

Mobility startup invygo, based in Saudi Arabia, has secured an $8 million Series A extension led by STV's NICE Fund, with participation from investors such as Al Rajhi Partners and Arab Bank Ventures. Founded in 2019 by Eslam Hussein and Pulkit Ganjoo, invygo operates in Saudi Arabia, UAE, and Qatar, offering an app-based service for choosing, driving, and swapping cars. With over $22 million in total funding, the company is on course to achieve profitability by the end of FY 2024.
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• Transport

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.
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• Transport