Startups
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18.4KDubai’s iKcon raises $20 million Series A to expand its ‘cloud-kitchen-as-a-service’ platform to Saudi
Dubai-based cloud kitchen operator iKcon (Innovative Kitchen Concepts) has raised $20 million in a Series A, it announced today. The investment that...
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16.1KExclusive: Saudi’s Dailymealz raises $2 million to grow its food subscription app
Dailymealz, a Riyadh-based food subscription app aimed at corporate employees has raised $2 million in Pre-Series A round led by Seedra Ventures,...
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15.7KTurkish ultrafast grocery delivery app now valued at $2.6 billion with $300 million in fresh funds
Istanbul-headquartered ultrafast grocery delivery startup Getir has become a unicorn, tripling its valuation to $2.6 billion in less than two months with...
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14.1KPodeo raises seed funding for its Arabic podcast platform
Beirut-based podcast platform Podeo has raised an undisclosed amount of funding in a seed round led by Razor Capital, it announced today....
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15.0KSaudi’s Hala raises $6.5 million Series A to become a digital bank for SMEs
Riyadh-based fintech Hala (previously known as Halalah) has raised $6.5 million in a Series A round led by Impact46 (who invested through...
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13.8KDubai’s Grubtech raises $3.4 million to grow its all-in-one cloud kitchen management platform
Grubtech, a Dubai-based SaaS startup for cloud kitchens and ‘delivery-centric restaurants’ has raised $3.4 million in a Pre-Series A round, it announced...
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14.9KJordan’s Propeller hits first close for its new $15 million fund
Amman-based early-stage VC Propeller has concluded the first close of its second fund, Propeller Ventures II, it announced today. The fund has...
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20.5KPakistan’s Sehat Kahani raises $1 million Pre-Series A to grow its telemedicine network
Karachi-headquartered telemedicine startup Sehat Kahani has raised $1 million in a Pre-Series A round, it announced today. The investment came from Islamic...
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16.8KSwvl co-founder and CTO Ahmed Sabbah leaves the company to start a consumer fintech
Ahmed Sabbah, the co-founder and Chief Technology Officer (CTO) of Swvl is leaving the company, he announced in a social media post...
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17.8KSaudi’s Lendo raises $7.2 million Series A for its SME lending marketplace
Riyadh-based fintech Lendo has raised $7.2 million in a Series A round led by Saudi’s Derayah Ventures, it announced in a statement...