MENA Volanews

US MENA MEDIA

OZY Media increasing focus in entertainment and media in MENA and expects exponential growth from the MENA Region MENA represents OZY’s fastest growing region outside the United States, with revenue expected to increase 5x between 2020 and 2022.

by OZY Media

2019-12-09

AFRICA MENA PE

MENA focused VC fund Iliad Partners team up with Mexico’s Angel Ventures South-South Venture Alliance focus verticals include fintech, mobility, proptech and ecommerce

by ventureburn

2019-11-06

W Ventures GERMAN MENA

W Ventures Holding Is Investing USD 50 Million To Develop A Local Esports And Gaming Ecosystem In The MENA Region The project will see USD 50 million invested into a new business model that aims to improve gaming in the region and support the local Esports ecosystem.

by magnitt

2019-10-31

UK MENA TokenMarket

UK-based TokenMarket to raise $350m funding for Mena start-ups The company, which has a network of more than 170,000 investors, opened its Dubai office at DIFC in Augus

by Alkesh Sharma

2019-10-29

MIDDLE EAST Trella INVESTMENT

Cairo-based trucking marketplace Trella joins Y Combinator, eyes regional expansion Cairo-based trucking marketplace has joined Y Combinator, the startup announced in a statement to MENAbytes, saying that it’s part of YC’s Summer 2019 batch.

by MENAbytes

2019-08-13

INVESTMENT MIDDLE EAST BAHRAIN

Bahrain’s Rain closes $2.5 million seed round, becomes first licensed cryptocurrency exchange in the Middle East Rain, a Bahrain-based cryptocurrency exchange has closed its $2.5 million seed round, it announced in a statement to MENAbytes.

by MENAbytes

2019-08-01

MIDDLE EAST INVESTMENGT MENA

【Industry Report】MAGNiTT, H1 2019 MENA Venture Investment: MENA startup funding up 66 percent for first half of 2019 The MENA region’s startup ecosystem is growing, with a 66 percent increase in total funding across all MENA-based startups since H1 2018, according to the H1 2019 MENA Venture Investment Report published by MENA-based startup platform MAGNiTT.

by middleeastaffairs

2019-07-19

MIDDLE EAST EGYPT MENA

Here are six of the biggest VC deals so far in 2019 by Egyptian startups Foodics, a Saudi cloud-based point-of-sale system for F&B businesses has raised $4 million in fresh funds, the startup announced today

by menabytes

2019-07-01

MIDDLE EAST EGYPT MENA

Cairo-based Arabic chatbot building platform WideBot closes pre-Series A round Cairo-based Arabic chatbot building platform WideBot has raised six-figure (USD) Pre-Series A investment, the startups told MENAbytes today without disclosing the exact financial details about the deal.

by wamda

2019-07-01

MIDDLE EAST EGYPT MENA

Elmenus secures investment from Foodora’s co-founder Egypt-based food discovery and ordering platform Elmenus announced that it has secured investment from Julian Dames, co-founder of Foodora and vice president of German-based Delivery Hero.

by wamda

2019-06-27

MIDDLE EAST MENA UAE

Dubai-based EMPG-owned Moroccan property portal Mubawab acquires Jumia House in some areas Mubawab, the leading real estate portal of Morocco that was acquired by Dubai-based Emerging Markets Property Group last year, has acquired Jumia’s property portal Jumia House in Morocco, Tunisia & Algeria, Mubawab announced today.

by menabytes

2019-06-19

MIDDLE EAST EGYPT MENA

Cairo-based fantasy sports startup Eksab raises six-figure seed funding Eksab, a Cairo-based Daily Fantasy Sports (DFS) platform for MENA has raised six-figure seed funding from 500 Startups, the startup announced today without disclosing the exact size of the investment.

by menabytes

2019-06-17

MIDDLE EAST MENA EGYPT

Egypt’s Swvl is expanding to Nigeria, to launch in Lagos within the next few weeks Cairo-based transportation startup Swvl is expanding to Nigeria, the startup told MENAbytes after initially announcing the role of Country General Manager for Nigeria last week.

by menabytes

2019-06-10

MIDDLE EAST EGYPT INVESTMENT

Where to Invest in Africa 2019, Egypt ranked as the most attractive investment destination Where to Invest in Africa 2019, a recent report by South Africa’s Rand Merchant Bank (RMB) ranked Egypt as the most attractive investment destination in the continent.

by WeeTracker

2019-06-06

AFRICA INVESTMENT STARTUP

Mintrics Banks secured Investment From Blue Startups Accelerator Program North Africa and MENA-focused video analytics and intelligence platform Mintrics has secured an unspecified amount of investment from Hawaii-based Blue Startups Accelerator Program, having joined the initiative as the first founding cohort team from the MENA region.

by WeeTracker

2019-05-28

MOROCCO MENA STARTUP

Heetch, a French ride-hailing startup with presence in Morocco, raises $38 million Heetch, a Paris-headquartered ride-hailing startup that is active in France, Belgium, and Morocco, has raised $38 million in its latest funding round, the startup announced last week. The investment came from Cathay Innovation, Idinvest Partners, Innov’Allianz, Total Ventures, Alven and Felix Capital.

by menabytes

2019-05-13

MIDDLE EAST MENA FUNDING

Checkout.com, a global payment gateway with presence in MENA raises $230 million Series A Checkout.com, a global payment gateway with presence in MENA raises $230 million Series A, plans expansion to Jordan & Pakistan

by menabytes

2019-05-05

MIDDLE EAST STARTUP INVESTMENT

Meet the 14 startups from third batch of 500 Startups’ Series A Program ‘MENA Dojo’ 500 Startups’ MENA-focused fund 500 Falcons that recently announced its oversubscribed final closing at $33 million, today has revealed the startups that have joined the third batch of its Series A program ‘MENA Dojo’.

by Carol

2019-04-19

MENA Delivery Hero FOOD DELIVERY

Delivery Hero fires entire leadership team of Saudi’s HungerStation in one day for unknown reason Delivery Hero, the Germany-headquartered global food delivery company, that owns different food delivery brands in the Middle East & North Africa, has terminated the entire leadership team of one of its Saudi food delivery companies HungerStation for unknown reasons, three people with the knowledge of matter have told MENAbytes.

by MENAbytes

2019-04-12

STARTUP SaaS CaptainPanel

CaptainPanel raises $1.2 million seed from Kuwait’s Faith Capital and 500 Startups California-based SaaS startup CaptainPanel has raised $1.2 million in seed funding from Kuwait’s Faith Capital and 500 Startups (MENA), Faith Capital and 500 Startups announced in a joint statement today.

by Carol

2019-04-11