MunjzExpansion
Saudi Proptech Munjz Raises $5m and Expands Facilities-Management Model to Egypt and Abu Dhabi
Saudi proptech Munjz has secured a $5 million round and set its sights on expansion into Egypt and Abu Dhabi.
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Latest news from the MENA ecosystem
Funding, launches and moves across the region's startups and investors — with sources linked where available.
Latest news
COFE AppPartnership
COFE App Signs Saudi Coffee Company Deal to Become Its Premium Online Coffee Marketplace
Coffee e-commerce platform COFE App has partnered with the PIF-owned Saudi Coffee Company to serve as its premium online marketplace.
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BarqPartnership
Saudi Fintech barq Becomes Riyadh Air's Strategic Payment Technology Partner
Digital-wallet fintech barq has signed a long-term agreement to build Riyadh Air's payment technology across the full transaction lifecycle.
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TenderdFunding
Dubai's Tenderd Raises $30m Series A Led by A.P. Moller Holding for AI Fleet Platform
Fleet and heavy-equipment management startup Tenderd has closed a $30 million Series A led by Danish investment company A.P. Moller Holding.
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Desert TechnologiesPartnership
Desert Technologies and Astronergy Sign 13 MWp Solar Module Supply Deal in Saudi Arabia
Saudi solar firm Desert Technologies has signed an agreement with Astronergy to supply 13 MWp of photovoltaic modules in the Kingdom.
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SquadioFunding
Saudi Tech-Talent Platform Squadio Raises $3m Pre-Series A to Scale AI-Powered Remote Hiring
Riyadh-based Squadio has raised $3 million to grow its AI-driven platform connecting companies with global remote tech talent.
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WideBotFunding
Egypt-Born WideBot Raises $3m Pre-Series A to Build Arabic LLM 'AQL' in Saudi Arabia
Arabic conversational-AI firm WideBot has raised a $3 million pre-Series A round to develop its locally hosted Arabic large language model.
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QanooniFunding
Dubai Legaltech Startup Qanooni Raises $2m Pre-Seed to Automate Legal Workflows With AI
Qanooni has closed a $2 million pre-seed round to build AI tools that draft and review legal documents inside lawyers' existing software.
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MubawabAcquisition
Moroccan Property Portal Mubawab Gains New Majority Owner in Africa Property Portals
Leading North African real-estate portal Mubawab has taken on Africa Property Portals as its new majority shareholder as Dubizzle Group divests.
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VerofaxFunding
UAE Web3 Startup Verofax Raises $3m Bridge Round Backed by KAUST and Plug and Play
Abu Dhabi-based Verofax has secured $3 million in bridge funding to advance its Web3 solutions for tourism, retail and brands.
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Alef EducationEditorial
Abu Dhabi's Alef Education Lists on ADX After 39x-Oversubscribed $515m IPO
AI-powered learning provider Alef Education became the first edtech company to list on the Abu Dhabi Securities Exchange after a heavily oversubscribed offering.
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ZainExpansion
Zain Opens Its 'Zain Great Idea' Accelerator to Startups Across Six MENA Countries
Telecom group Zain has regionalised its flagship startup accelerator, welcoming applicants from six MENA markets for the first time in the program's history.
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KlivvrProduct launch
Egypt's Klivvr Launches K.ai, the Country's First Interactive AI Assistant in a Fintech App
Egyptian fintech Klivvr has introduced K.ai, which it describes as Egypt's first interactive AI assistant embedded in a financial app.
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PlaygamaProduct launch
Web-Gaming Platform Playgama Launches Playgama Ad to Monetise Browser Games
Web-gaming distributor Playgama has rolled out a dedicated advertising product built specifically for the browser-based gaming ecosystem.
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YakeeyFunding
Moroccan Proptech Yakeey Secures Up to $7m Series A From IFC
Managed real-estate marketplace Yakeey has attracted a Series A investment of up to $7 million from the International Finance Corporation.
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TorodFunding
Saudi Shipping Aggregator Torod Raises $11.3m Series A Led by Wa'ed Ventures and Elm
Riyadh-based e-commerce shipping aggregator Torod has closed one of the region's largest logistics Series A rounds to fund its expansion.
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زد (Zid)Product launch
Saudi E-commerce Enabler Zid Unveils 'Total Commerce' Platform for Omnichannel Merchants
Zid has introduced 'Total Commerce', a unified platform that brings merchants' online stores, social selling and physical outlets into a single dashboard.
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JeenyPartnership
Ride-Hailing App Jeeny Partners STC Pay to Digitise Driver Payments in Saudi Arabia
Ride-hailing platform Jeeny has struck a strategic alliance with STC Pay to make the digital wallet the main payment channel for its drivers.
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SandsoftPartnership
Saudi Gaming Firm Sandsoft and NetEase Form Joint Venture to Publish Games Across MENA
Riyadh-based Sandsoft has partnered with China's NetEase to create a joint company focused on publishing and developing games for the Middle East and North Africa.
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WebookAcquisition
Saudi Ticketing Platform webook.com Acquires Portugal's SmartMove in First European Push
Saudi entertainment and ticketing platform webook.com has bought Portuguese sports-technology firm SmartMove, marking its first operational foothold in Europe.
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TotersFunding
Lebanon's Toters Raises $18m Series B Led by IFC to Expand in Iraq
The on-demand delivery platform raised an $18 million Series B, with IFC investing to help grow its operations in Iraq.
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SirdabFunding
Saudi Warehousing-as-a-Service Startup Sirdab Raises Seed Round Backed by BECO Capital and Y Combinator
The Riyadh-based on-demand warehousing platform closed a seed round backed by BECO Capital, Y Combinator and COTU Ventures.
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Crowd AnalyzerFunding
Dubai's Crowd Analyzer Raises $3.5m Series A for Arabic Social-Media Monitoring
The Arabic-focused social listening platform raised over $3.5 million in Series A funding to scale across Saudi Arabia and the wider region.
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ConvertedinFunding
Egypt's Convertedin Raises $3m Seed Led by Saudi's Merak Capital to Enter Brazil
The Egyptian marketing-tech startup raised $3 million to expand its platform for e-commerce brands and begin operations in Brazil.
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