Browsing: Innovation
MENA startups raised USD 3.94 billion in 2022 across 795 deals, according to startup platform Wamda. Smaller and later stage deals on the up.
Cathedis, a Moroccan logistics startup has received funding from Afrimobility and CDG Invest.
Tabby, the region’s leading shopping and financial services app, is valued at USD 660 million and targets further growth.
African startups face a range of challenges as the global tech industry endures an ongoing slump and the funding pool is reduced.
Millesima Technologies, a Tunisian startup, has raised the funds to develop its video-on-demand solution.
MENA startups raised USD 125 million in the last month of 2022, taking the year’s total investment to approximately USD 3.6 billion.
African startups from Nigeria, Kenya, Egypt and South Africa accounted for 75% of the continent’s startup funding in 2022.
Mahaseel Masr, the MENA region’s first B2B digital fresh produce platform, has raised funding from EICC, the investment arm of…
Manafa, a Saudi crowdfunding platform, raises USD 28 million in a round led by STV and Wa’ed Ventures.
AtarCloud, a Saudi-based startup, provides tools to streamline activities for property owners and developers.