Revibe, a Dubai-based refurbished-electronics startup, announced it has raised US$2.3 million in order to accelerate its growth within the US$6 billion refurbished consumer electronics market in the MENA region — which is expected to reach US$20 billion within the next decade.
NOMU, a Saudi-Arabia-based food-tech startup, founded in 2022 as a result of the merger between Jumlaty and Appetito announced it has raised $5M in a seed round to expand its technology offering.
Transportr, a UAE- based logistics platform, has completed its eight-figure seed funding round. The investment was led by the VC arm of Ittihad International Investment, Ittihad Ventures Holding along with
Kubik, an Ethiopian cleantech startup specializing in the production of affordable, low-carbon building materials from recycled plastic waste, has raised $3.34 million in an oversubscribed seed funding round to expand across the country.
Zoie Health, a South African Healthtech company, has successfully raised a pre-seed expansion fund with the leadership of 4DX Ventures. Notably, impact investor E Squared Investments was also involved in
CrossBoundary Energy which has already delivered a portfolio of over $285 million worth of solar and renewable energy assets for its clients, has raised $50 million to expand its portfolio across Africa.
Egyptian fintech startup Agel has secured a seven-figure pre-Seed round to allow it run as a licensed non-banking financial institution, develop its product, as well as expand across Egypt. The
Moroccan logistics startup Colis.ma has raised $50,000 from Kenya’s The Baobab Network as part of its accelerator program. The recent cohort of the accelerator program broadens the
Saudi-based Jada Fund of Funds, a subsidiary of the Public Investment Fund (PIF) has made financial commitments in Investcorp’s $500 million Saudi pre-IPO growth fund. Launched in 2022, the
Nigeria’s startup ecosystem is booming, with a growing number of innovative companies emerging across the country. However, there is a stark divide between startups in the northern and southern
Saudi-Arabia-based business-to-business (B2B) platform Autobia has secured $2.5 million in a seed funding round. The investment was led by Sadu Capital and received participation from Wa’ed Ventures by
