Boxy, Iraq’s first AI-powered logistics aggregator, has successfully closed a $1.5 million pre-seed round led by EQIQ, a venture capital firm focused on market-gap-driven digital ventures. This investment will accelerate […]
Suplyd, a Cairo-based startup transforming restaurant logistics, has secured $2 million in a pre-Series A funding round. The investment will drive the expansion of its digital procurement platform and help
Olivery, a Jordan-based logistics technology startup, has successfully closed a Seed funding round with participation from Ibtikar Fund and Flat6Labs Mashreq Seed Fund. The investment aims to support Olivery’s regional
ServiceUp, a leader in vehicle repair management, has raised $55 million in a Series B funding round to further its mission of transforming the auto repair industry through technology and
Jahez International, a leading Saudi technology and delivery platform, has announced the signing of a share purchase and subscription agreement to acquire a 76.56% stake in Snoonu, a Qatar-based company
Ruya Partners, a leading private credit investment firm based in Abu Dhabi, has announced a US$15 million private credit investment in TruKKer Holding Limited, the largest digital freight and logistics
Cainiao, the logistics arm of Alibaba Group, has launched a new international express network spanning the six Gulf Cooperation Council (GCC) countries—UAE, Oman, Bahrain, Qatar, Kuwait and Saudi Arabia—enabling e-commerce
In a milestone move for MENA’s digital logistics ecosystem, Egypt-based Nowlun has officially closed its seed round at $2.3 million, following an additional $600K investment led by Ingressive Capital. The
Digital payment startup Piston has raised $6.1 million in seed funding led by Spark Capital, with participation from Pear VC and BOND. This round brings Piston’s total funding to $7.5
Where there’s a will, there’s a way! This timeless motto embodies the spirit of determined men and women who refuse to give up, forming the very foundation of strength, resilience,
ShipBee, a Qatar-based logistics startup redefining digital shipping experiences, has announced the successful closure of its Pre-Seed funding round worth QR855,000 (approx. $235,000). The round was led by GrowthX, with
WeRide, a global leader in autonomous driving technology, announced its official entry into the Saudi Arabian market, launching Robotaxi pilots and other self-driving solutions in major cities including Riyadh and
Abdul Latif Jameel and Uber Technologies, Inc. (NYSE: UBER) have signed a Memorandum of Understanding (MoU) to explore opportunities to build a next-generation, scalable fleet operations platform, encompassing both traditional
Lalamove, the Hong Kong-based on-demand delivery platform, has officially launched its operations in the United Arab Emirates, marking the UAE as its 14th global market in the company’s ongoing expansion
EMX, the logistics arm of 7X (formerly Emirates Post Group), has announced the launch of its Dark Store network – a cutting-edge solution aimed at enhancing rapid e-Commerce fulfilment and
Pony.ai and Uber have announced a strategic partnership to deploy autonomous Robotaxis by Pony.ai on the Uber platform across key markets in the Middle East, marking a pivotal step toward
Foras, a leading investment and innovation firm, has announced the acquisition of a 10% stake in the emerging startup Canater, which specializes in innovative supply chain and logistics solutions for
In a landmark technological achievement, Saudi Arabia’s iconic fast-food brand AlBaik, in collaboration with King Abdullah University of Science and Technology (KAUST), successfully executed the first drone meal delivery in
ATLANTA, April 24, 2025 – UPS, the global parcel and logistics giant, announced a definitive agreement to acquire Canada’s Andlauer Healthcare Group in an all-cash deal valued at $1.6 billion,
ADNOC Distribution, the UAE’s leading fuel and convenience retailer, has entered into a strategic partnership with noon, the region’s foremost digital platform, to redefine last-mile delivery using artificial intelligence. The
SIDEUP has announced a new partnership with Kushk in the Sultanate of Oman, aiming to improve the shipping and delivery experience for Kushk’s customers both locally and internationally. Through this
Dubai, UAE – Quiqup, an Emirati e-commerce logistics service provider, has successfully launched its core order fulfillment and delivery operations in Saudi Arabia, marking a significant milestone in its regional
Dubai, UAE – UAE-based AI startup Lumi AI has successfully secured $3.7 million in a Seed funding round led by AgFunder, with participation from Forum Ventures, ADQ, Annex Investments, Qora71, and
StartUp Bahrain, supported by the Labor Fund (Tamkeen) in the Kingdom of Bahrain, has announced a strategic partnership with ordable, a business management solutions provider, aimed at enhancing operational efficiency and
Nana, a leading delivery and dark store platform, is preparing for a public listing in the near future, signaling its strong growth in the tech and logistics sector. The company
According to reports from Bloomberg, Ninja, a fast-moving consumer goods (FMCG) delivery company, is in talks to raise investments in a pre-IPO funding round at a valuation exceeding $1 billion.
Locate App, a delivery platform specializing in restaurant, retail, and supermarket orders in the Eastern Province, has announced its intention to go public on the Saudi stock market. This move
Torod, a Saudi-based logistics startup, has successfully raised 42 million SAR in its Series A funding round. The round saw participation from prominent investors, including Wa’ed Ventures, Elm, Impact46, Hala
PIESHIP has successfully closed a $7.87 million Seed funding round, led by Nama Ventures, with participation from SEEDRA Ventures and angel investors. PIESHIP specializes in last-mile operations management, offering an
Suhail Ventures has announced the launch of a $50 million venture capital fund, aimed at supporting startups in Saudi Arabia and the Middle East. The fund focuses on investing in
Egypt-based logistics company Fincart, specializing in e-commerce shipping solutions, has announced the closure of its pre-seed funding round led by Plus VC (+VC), with participation from investors such as Plug
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