Jordan’s Mawdoo3 closes Series B with $23.5 million
Amman-based Mawdoo3 has raised $10 million in fresh funds to close its Series B with $23.5 million, the startup announced today.
Jordan’s DigitaSport raises seed funding
Oasis500, one of the leading investment companies and business accelerators based in Jordan announces a seed round of investment in Jordanian Sportech startup DigitaSport, according to a blog post on their website. However, the amount was not disclosed.
Jordanian edtech startup Little Thinking Minds raises $500,000
Amman-based edtech startup Little Thinking Minds has raised another $500,000 to close its Series A with $1.765 million, the startup announced today.
Mejuri, a direct-to-consumer fine jewelry startup, raises $23 million Series B
Toronto-based direct-to-consumer jewelry startup Mejuri has raised $23 million in Series B led by New Enterprise Associates, one of the leading and oldest American VC firm.
World Economic Forum kicks off in Jordan
The World Economic Forum (WEF) on the Middle East and North Africa(MENA) 2019 kicked off on Saturday in Jordan with more than 1,000 participants from more than 50 countries.
Jordan Allows Foreign Investors to Hold 100% Share of Companies
the Jordan Investment Committee had recently proposed the revision of 2016 77th Non-Jordanian Investment System, allowing foreign investors to fully own the shares of projects in certain economic activities.
Key facts about startups financing in Middle East and North Africa
When reviewing the local investment cases in East Africa in 2018, we find that the region is experiencing a peak period of venture capital investment.
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