Saudi Tamara Nears Landmark $1.4 Billion Financing
Saudi Arabian fintech Tamara is expected to secure at least $1.4 billion in financing from a consortium of lenders led by Goldman Sachs, with CitiGroup and Apollo Global Management also […]
EmergingMarkets
Revo Capital Executes Partial Exit from Midas Following $80 Million Series B
In 2021, Revo Capital became the first institutional venture capital fund to invest in Midas. Following the company’s $80 million Series B round, the fund executed a partial exit, reaffirming
Turkish investment app Midas secures record-breaking $80 million Series B funding
Midas, Turkey’s leading investment app, has raised $80 million in its Series B funding round, marking the largest investment ever secured by a Turkish fintech company. With this round, the
F6 Ventures Launches with Flat6Labs to Power Startup Investments Across MENA & Africa
Cairo, Egypt – 5 August 2025 – F6 Group has officially launched its new investment arm, F6 Ventures, in partnership with Flat6Labs, to empower early-stage startups across the Middle East
Wuilt Raises $2M to Expand Free Ecommerce Platform for Merchants
Wuilt, the ecommerce enablement platform headquartered in Cairo, has announced the successful closing of a $2 million funding round, led by follow-on investments from Flat6Labs and MTF VC. The round
Enlite Secures $5 Million in Funding Round Led by Avaana Capital to Expand Infra Automation Tech
Infra automation startup Enlite has raised $5 million (Rs 46 crore) in its maiden institutional funding round, led by Avaana Capital. The round also saw participation from Claypond Capital, the
BlueFive Capital closes $120M Founding Shareholders Circle round and manages over $650M in assets
BlueFive Capital, a rapidly emerging investment platform founded in the GCC, has announced the successful closing of its Founding Shareholders Circle investment round, which values the firm at $120 million.
Fantail Raises $1.6M to Digitize Surat’s Textile Industry
Fantail, a B2B textile manufacturing startup, has secured Rs 13.75 crore (approx. USD 1.6 million) in seed funding led by Riverwalk Holdings, Incubate Fund Asia, and All In Capital. The
Netaj launches Nawat, Iraq’s first VC studio to empower 40 high-potential startups
Baghdad, Iraq – In a milestone for the Iraqi innovation ecosystem, Netaj, Iraq’s leading entrepreneurship platform, has officially launched Nawat, the country’s first-ever venture capital studio, aiming to back and
SaturnX Raises $3M to Expand Stablecoin-Based Payment Infrastructure Across Asia
SaturnX, a UAE-based infrastructure provider for stablecoin-powered cross-border payments, has secured $3 million in a seed funding round led by White Star Capital, with participation from strategic investors. Founded in
PlutoPe Accelerates Emerging Market Expansion with $500K Pre-Seed Round
PlutoPe, an Indian fintech startup operating in the decentralized finance (DeFi) space, has secured $500,000 in a pre-seed funding round led by angel investor Manit Gupta, aiming to support its
WakeCap Secures $28M to Advance Digital Construction Tech
WakeCap, a Saudi-born startup at the forefront of digital transformation in the construction industry, has announced a $28 million funding round secured during the Saudi-American Investment Forum. The capital injection
Zest Equity Secures $4.3 Million in Pre-Series A Funding Led by Prosus Ventures
In a strategic move to enhance its leadership in the digital infrastructure space for private market transactions, Zest Equity, the leading digital infrastructure solutions platform for private market execution, announced
Sary and ShopUp Merge to Form SILQ Group, Backed by a $110M Investment
Sary, the leading B2B trade and services platform in the Gulf, and ShopUp, the largest B2B trading platform in Bangladesh, have merged to form SILQ Group—the largest B2B platform connecting
African Startups Face Stricter Investment Scrutiny Compared to Global Peers
African startups face stricter investment scrutiny compared to their global counterparts, as investors demand greater proof of success, conduct more comprehensive financial audits, and often overestimate the risks associated with
Yango Ventures Launches $20 Million Fund to Support Startups in Africa and Beyond
Yango Group, a leading technology company, has announced the launch of a new institutional investment fund named “Yango Ventures” with a value of $20 million. The fund aims to support
Yango Group Launches $20M Fund For Tech Startups
Yango Group, a global tech firm based in Dubai, has launched a $20 million corporate venture fund targeting early-stage startups across the Middle East, North Africa, and Pakistan (MENAP), Sub-Saharan