Startup Financing: Page 8


Palestine Startup Bambinotes Raises Seed Funds From Ibtikar Fund

Bambinotes, a Palestine-based startup digitizing parent-teacher communication for pre schools, has raised an undisclosed amount of seed investment from VC firm Ibtikar Fund.


StartAD's Fintech Venture Launchpad Creates A Platform For Direct Engagement With Investors

MENA startups, if you're looking for an opportunity to develop your fintech idea and get up close and personal insights from investors, here's your chance.


UAE Car Rental Startup eZhire Raises Seed Funding From Jabbar Internet Group

Dubai startup eZhire, an app that wants to change the way you rent a car, has raised an undisclosed amount of seed funding in a round led by Jabbar Internet Group.


We Got Funded: UAE Startup Justmop Closes Series A Funding And Gets Set For Expansion

While the size of the current investment remains undisclosed, Justmop reported annualized gross revenue of more than US$10 million and over 25% month-on-month growth in the last six months.


We Got Funded: Saudi Arabia's HealthTech Startup Sihatech Closes US$1.3 Million Series A

Sihatech plans to use the funds to "improve its offering for the Saudi healthcare sector, expand its team, hire more local developers, and expand its core technology products," aiming to drive the healthcare goals part of the Saudi Vision 2030.


Logistics Tech Startup One Click Delivery Raises Seed Funding From MEVP

UAE-based One Click Delivery Services, a last-mile logistics tech startup, has raised undisclosed amount of funding from Middle East Venture Partners (MEVP) in its first external investment round.


We Got Funded: Video Content Startup Buzzkito Raises US$1.7 Million From AfricInvest

Morocco-born startup Buzzkito has raised US$1.7 million in a Series A round from AfricInvest

Entrepreneurs Raises Funds From Enabling Future, Jabbar Internet Group, And Other Investors

A boost for the B2B e-commerce market, office supplies platform has raised an undisclosed amount from investors Enabling Future, Wamda Capital, Jabbar Internet Group, WOMENA, and more investors


Bayzat Raises US$5 Million From Silicon Badia, BECO Capital And Others As Part Of Its Series A

Originally launching as a tech platform for financial advice and health insurance in the UAE, the startup then pivoted to insurance, and then recently also diversified into automation of HR management with its new product Bayzat Benefits.


Crescent Enterprises' Venture Capital Arm Closes Investment In US-Based MedTech Startups

UAE-based Crescent Enterprises has led a Series A round of investment totaling US$16 million in ColubrisMX and XCath, two US-based micro-robotic medical device enterprises.

News and Trends

MAGNiTT's MENA Funding Evolution Report Traces Growth Of Regional Startup Ecosystem

Titled MENA Funding Evolution- How Has The MENA Investment Landscape Evolved, the study analyzes investments made in MENA's top 200 funded startups during the period of 2005-2017.


Global Fintech Startup TreasuryXpress Closes US$5 Million Funding From MEVP And Others

TreasuryXpress, an on-demand treasury management solutions provider, has closed a Series B investment of US$5 million from an investor consortium that includes Middle East Venture Partners (MEVP), iSME Capital, The Luxury Fund, and others.


Here's How You Can Attain The Financial Independence You Want For Yourself

Is your morning latte costing you your retirement?


Partnering For A New Future: Fintech In the MENA Region

A growing number of fintech startups are seeking collaborations with larger, better-established corporations.


Digitizing Payments: Kuwait's Ajar Online Gears Up To Take Its Platform To The Rest Of The GCC

As anyone in the GCC can attest, paying rent in this region can often be a strenuous task for both landlords and tenants. Ajar Online is a platform offering a seamless and hassle-free way to digitize rent payment and collection.