TechCrunch

AUGUST 29, 2022

The company, founded by Manar Mahmassani, Rami Tabbara, and Ricardo Brizido in 2020, has raised $8 million in a pre-Series A round from investors like BY Ventures, MEVP, and Vivium Holdings to expand its portfolio and launch in Saudi Arabia and Egypt. The company first raised a $4 million seed round last year.

Saudi Arabia 91

Saudi Arabia Local People Kuwait 91

TechCrunch

AUGUST 9, 2022

Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. The three-year-old Egypt-headquartered company also has offices in Saudi Arabia and Brazil; it just recently opened one in the latter.

Saudi Arabia 104

Saudi Arabia America Raise Offline 104

TechCrunch

AUGUST 23, 2022

Dubai-based Zywa, a neobank for Gen Z, plans to fuel its growth in the United Arabs Emirates (U.A.E), and to kick-start its expansion to Saudi Arabia and Egypt after raising $3 million seed funding at over $30 million (110 million AED) valuation. Image Credits : Zywa.

Saudi Arabia 98

Saudi Arabia United Arab Emirates UAE Egypt 98

TechCrunch

DECEMBER 9, 2021

El-Feky said when the company raises its next round of investment, expansion outside Egypt will be on the cards. Saudi Arabia. . “It The most likely destination? It is one of the most vibrant markets and populous markets and has similar demographics and consumer behaviour.

Saudi Arabia 115

Saudi Arabia Egypt Service South Africa 115

TechCrunch

JANUARY 24, 2023

Terra Drone said today it has raised $14 million in Series C funding from Wa’ed Ventures , the venture capital arm of Saudi Aramco , marking the VC firm’s first investment in Asia. For example, fossil fuel companies in Saudi Arabia will utilize Terra Drone’s technology for inspection services.

Saudi Arabia 86

Saudi Arabia North America Japan Denmark 86

TechCrunch

MARCH 6, 2022

The BNPL provider has raised $104 million in total Series B funding and plans to use this extension round to expand its consumer product offering and facilitate its international expansion, it said in a statement. Its two main markets are Saudi Arabia and the UAE. BNPL payment startup Alma raises another $130 million round.

Saudi Arabia 85

Saudi Arabia India UAE Egypt 85

TechCrunch

NOVEMBER 15, 2021

The company has raised $3.4 This suite of services is essential in the primary markets in which Nomod is aiming to build a significant merchant base, like Saudi Arabia, the UAE and Bangladesh. In Saudi Arabia, for instance, only 3% of more than 1 million registered businesses have access to bank credit.

Saudi Arabia 95

Saudi Arabia UAE South Africa Bangladesh 95

The Verge

JULY 26, 2021

The public listing is the second in the last week for the industry; fellow EV startup Faraday Future became a public company listed on the Nasdaq last Thursday and raised $1 billion in the process. That injection of cash, plus subsequent investments from the fund, have given Saudi Arabia majority ownership of Lucid Motors. (It

Saudi Arabia 90

Saudi Arabia Public Fund Arizona 90

TechCrunch

MAY 17, 2021

This investment comes a year after the company raised a $2.5 million round, which takes its total investment raised to $9.2 increase from when it raised its previous round, Ezzat stated. This is the main target for us now and also to start operations in Saudi Arabia.”

Africa 99

Africa Saudi Arabia Egypt Business 99

TechCrunch

DECEMBER 8, 2021

E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. Roll-up plays are generally known to secure more debt than equity when they raise mega-round deals.

Africa 98

Africa Saudi Arabia Europe Poland 98

TechCrunch

MARCH 8, 2021

Since launching in Egypt, Koinz has expanded to Saudi Arabia and the UAE. African-focused VC 4DX Ventures and strategic angel investors from Egypt, Turkey and Saudi Arabia participated as well. These consumers have redeemed almost 300,000 rewards, while almost 800,000 customers have left reviews.

Saudi Arabia 98

Saudi Arabia Egypt Platform Aggregator 98

TechCrunch

FEBRUARY 6, 2023

million seed funding it has raised from 500 Global, P1 Ventures, Launch Africa, and Middle East VCs Seedra Ventures, Arzan Ventures, Propeller, Core Vision, as well as a number of regional investors. to give us access to Europe, and Saudi Arabia for the GCC region,” said Khairy. “We Gameball raises $3.5M

Platform 94

Platform Saudi Arabia Raise Philippines 94

TechCrunch

OCTOBER 19, 2022

Last year, MaxAB , the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches ; the latter accompanied its acquisition of the Morocco-based and YC-backed WaysToCap. million orders within this timeframe.

Saudi Arabia 96

Saudi Arabia Morocco Platform Egypt 96

TechCrunch

JULY 28, 2021

After its Egypt launch, Swvl expanded to Kenya, Pakistan, Jordan and Saudi Arabia. Queen’s Gambit, the women-led SPAC in charge of the deal, raised $300 million in January and added $45 million via an underwriters’ overallotment option focusing on startups in clean energy, healthcare and mobility sectors.

Saudi Arabia 99

Saudi Arabia Public Egypt Companies 99

TechCrunch

FEBRUARY 28, 2022

Lucid is also building a new manufacturing facility in the Kingdom of Saudi Arabia that it expects to finish by 2025. The company estimates the Saudi plant could bring in up to $3.4 But the relationship between Lucid Motors and Saudi Arabia goes further back than this recent agreement. billion investment in 2018.

Saudi Arabia 98

Saudi Arabia Goal Product Yahoo 98

TechCrunch

JANUARY 17, 2023

MENA-based buy now, pay later startup Tabby has raised $58 million, led by Sequoia Capital India and STV, at a valuation of $660 million. The fintech has raised more than $410 million in equity and debt since its 2019 launch. . Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation.

Paypal 97

Paypal Saudi Arabia Raise Egypt 97

TechCrunch

JULY 22, 2021

VOCHI , a Belarus-based startup behind a clever computer vision-based video editing app used by online creators, has raised an additional $2.4 Vochi, the ‘computer vision’-based video editing and effects app, raises $1.5M Others hail from Russia, Saudi Arabia, Brazil and parts of Europe, Lesun says.

Belarus 99

Belarus Video Saudi Arabia Raise 99

TechCrunch

OCTOBER 12, 2022

Recent research suggests that the e-commerce market in Saudi Arabia, UAE and Egypt account for a combined $21.4 The company, which allows e-commerce businesses to scale and grow by targeting businesses with limited bank or venture financing access, is announcing that it has raised $3.6 Wayflyer raises $150M on a $1.6B

Saudi Arabia 98

Saudi Arabia UAE Fund Egypt 98

TechCrunch

SEPTEMBER 5, 2022

The Singapore-based company announced today it has raised $44 million in Series C funding led by returning investors Itochu Corporation, which put in $32 million. The new capital brings Docquity’s total raised to $57.5 Docquity was created to help doctors collaborate in the same way, at scale, even if they live in different countries.

United Arab Emirates 76

United Arab Emirates Professional Saudi Arabia Philippines 76

TechCrunch

JUNE 9, 2022

It raised $850,000 seed in October 2020. The startup hopes that the Series A funding will drive its presence in 12 countries, including South Africa, Kenya, Ghana and Saudi Arabia. This brings GOMYCODE’s total financing to $8.85 One of its investors from the seed round, Wamda Capital, doubled down in this new financing.

Africa 98

Africa Tunisia Saudi Arabia South Africa 98

The Verge

JULY 9, 2020

and Karma Automotive, two electric vehicle startups with a long shared history, each announced this week that they’ve raised millions of dollars. Fisker has taken in $50 million of fresh capital from “hedge fund king” Louis Bacon and Karma Automotive has raised $100 million from undisclosed “outside investors.”. Fisker Inc.

Raise 80

Raise Saudi Arabia Los Angeles Public 80

TechCrunch

DECEMBER 5, 2022

OneOrder , Egypt’s supply chain solutions provider for restaurants, has raised $3 million seed funding led by Nclude with participation from A15, and Delivery Hero Ventures. The latest funding brings the total funding raised by the startup to $10.5. We are exploring Saudi Arabia and expanding south into our continent.

Saudi Arabia 96

Saudi Arabia Egypt Fund Africa 96

TechCrunch

AUGUST 10, 2022

.” The firm has raised $35 million on the heels of its last tranche in June , bringing its total Series D investment to $95 million. Prosperity7, the venture capital arm of Saudi Arabia’s state oil company Aramco, led the new capital infusion.

Saudi Arabia 75

Saudi Arabia China New York International 75

TechCrunch

APRIL 17, 2023

Intellia is an up and running startup which has raised $1.5m It’s now set to launch in Riyadh, Saudi Arabia and Lagos, Nigeria next month. Plus, countries like India are famous for offering back-office and research work at scale. A YC company Apollo Group is also in this space, roughly speaking.

United Arab Emirates 78

United Arab Emirates Consultant Saudi Arabia Brain 78

The Verge

MAY 25, 2021

Electric vehicle startups have raised an absurd amount of money in the last year by merging with special purpose acquisition companies , or SPACs. Ohio-based Lordstown Motors raised nearly $700 million when it went public late last year and has backing from America’s largest automaker, General Motors. Image: Lordstown Motors.

Raise 75

Raise Saudi Arabia California Public 75

TechCrunch

FEBRUARY 28, 2022

Volopay , a Singapore-based fintech startup, raised a $29 million Series A in debt and equity financing as it seeks to further expand its footprint in Asia-Pacific, the Middle East and North Africa. . To date, Volopay has raised approximately $31.4 million since its inception in 2019, which includes its $2.1

Singapore 91

Singapore Saudi Arabia Asia UAE 91

TechCrunch

OCTOBER 31, 2021

Summer batch graduate ShipBlu is the latest on that list and confirmed to TechCrunch that it has raised $2.4 Over 100 million people live in the North African country compared to Saudi Arabia’s 30 million+ people, yet the e-commerce market in Egypt is a third of Saudi Arabia’s. million in seed funding.

Egypt 119

Egypt Service Saudi Arabia UAE 119

TechCrunch

JUNE 28, 2022

The last time we covered Vezeeta was in 2020, when it raised $40 million in Series D funding (the joint largest single healthtech round in Africa alongside Reliance Health ) from Gulf Capital and Saudi Technology Ventures (STV).

Saudi Arabia 82

Saudi Arabia Egypt Africa Personal 82

TechCrunch

MARCH 3, 2021

Behind this rationale is that the six-month-old startup is backed by Y Combinator and has also raised $850,000 which is just the first part of its multi-million-dollar pre-seed round that will close sometime this year. “We were able to very quickly get the acceptance of YC given the size of the opportunity we are focused on.

Africa 103

Africa Saudi Arabia Egypt Track 103

TechNode

FEBRUARY 5, 2024

Chinese electric vehicle maker Human Horizons has failed to raise the new capital it needed from Middle East investors, spurring the recent closing of two showrooms and prompting the firm to look at cutting headcount in some departments to reduce costs and attempt to remain in business, souces told Chinese media outlet Caixin on Sunday.

Saudi Arabia 52

Saudi Arabia Job Report Knowledge 52

TechCrunch

APRIL 3, 2023

In startup news, Paris is cracking down on e-scooters after a vote , Zamp Finance raised nearly $22 million for a neat way to keep startup cash safe and yield-friendly and Fourthline reminded us that applied AI is a sentence that we are going to say again and again this year. The show is back Wednesday and Friday, we’ll see you then!

Saudi Arabia 60

Saudi Arabia Headline Podcast United States 60

TechNode

DECEMBER 18, 2023

billion capital injection, as the Abu Dhabi-controlled fund raised its bet on the Chinese electric vehicle maker following a $1.1 Saudi Arabias Ministry of Investment is set to invest $5.6 NIO said on Monday that it had signed a share subscription agreement with CYVN Holdings for a $2.2 billion investment in July.

United Arab Emirates 52

United Arab Emirates Saudi Arabia Fund Government 52

TechCrunch

JUNE 6, 2022

Aside from Bahrain, Qatar, Turkey and the United Arab Emirates, Fenix also has a presence in Saudi Arabia, specifically with its shared and subscription scooter service. Publicly, Fenix has only raised $5 million, most, if not all, of which probably went toward the company’s purchase of Turkish e-scooter operator Palm.

Bahrain 78

Bahrain United Arab Emirates Saudi Arabia Qatar 78

The Verge

DECEMBER 23, 2020

Now, Nio is arguably the second-most successful electric vehicle company behind Tesla (though still a very distant one) and just raised another $2.6 XPeng is right there with Nio, and just raised $2.2 It has raised some $6 billion and counting after playing things extremely close to the vest since its founding in 2009.

Help 116

Help Saudi Arabia China PowerPoint 116

TechCrunch

FEBRUARY 17, 2022

Freterium , a startup based in Morocco, is one such company providing this software, and it has raised $4 million in seed to scale across the country and into surrounding regions. . Only B2B e-commerce startup Chari and proptech Mubawab has raised more recently. San Fransisco-based investor Partech led the round.

Software 80

Software Saudi Arabia Africa Egypt 80

Beth's Blog: How Nonprofits Can Use Social Media

MARCH 19, 2012

He has developed the lab in Amman and is replicating it on other countries in the region like Saudi Arabia. The projects brought into the lab by these fellows are a wide range of mobile, social, and online applications and platforms that leverage existing web 2.0

Jordan 129

Jordan Morocco Saudi Arabia Lebanon 129

TechCrunch

OCTOBER 31, 2022

Invygo, a startup operating in UAE and Saudi Arabia, has raised $10 million in its Series A funding as it works to scale its car rental service in the region. The Middle East–based startup has raised $14.3 The event is embedded here and is both free and very worth watching. million to date, Ivan reports.

Saudi Arabia 87

Saudi Arabia Saba UAE Twitter 87