MealPlanet, a UAE-based food tech, has secured $6 million in a seed round led by Middle East Venture Partners, AlTouq Group, Sanabil 500, Faith Capital, and Alturki Ventures. Marc Lore
Over the past few years, venture capital (VC) funding in Africa has been unevenly distributed among its 54 countries. The “Big Four” tech ecosystems—Kenya, Nigeria, Egypt, and South Africa—
The first half of 2024 has marked a challenging period for African tech startups, with venture capital (VC) funding hitting its lowest point since H2 2020, ($780 million) representing a 31% decline from the second half of 2023 and an even steeper 57% drop compared to H1 2023.
Sweply, a burgeoning ad tech startup based in Saudi Arabia, has successfully secured $2 million (7.5 million SAR) in a seed funding round with significant participation from Sanabil 500
