The Saudi fintech company plans to use this funding to expand into the MENAP region, offering solutions for startups, SMEs and freelancers.
The newly secured funding will fuel growth in KSA and Iraq, driving regional market expansion and portfolio development.
Locad secured $9 million to expand globally, with a focus on the GCC, as well as enhance its smart logistics system.
Led by EBRD and Y Combinator, the funding will allow the startup to fuel their tech growth, digitise their customer experience, and drive insurance penetration in Egypt.
The startup aims to revolutionise supply chain operations and connect businesses. The platform connects over 50,000 users in Egypt, Saudi Arabia, and Kenya, with plans to expand in the Kingdom.
Ahead of COP29, these MENA startups have been making an impact through innovations in everything from carbon removal to urban greening.
The hackathon event will feature 15 cutting-edge projects and a chance to network with industry leaders.
Founded in 2022 by Rabah Habiss and Abdulaziz Al Saud, Barakah tackles food waste by enabling bakeries, groceries and restaurants to sell their surplus through its app.
The funding will support UnifyApps' mission of addressing data silos and workflow automation needs through AI solutions.
The Egyptian government has revealed plans to boost entrepreneurship with strategic investments.
Elhaddad has joined the tech-powered startup as a co-founder and CPO, bringing with her 15 years of consumer tech experience.
The Riyadh-based fintech startup raised $67.5 million in Series B funding led by General Catalyst, boosting its open banking platform to expand financial services across the UAE and Saudi Arabia.
Vezeeta Lab with partnerships from Visa and NymCard to launch a centre to expand digital healthcare across the Middle East and Africa through payment solutions.
The event will offer hands-on learning and expert insights in the world of fund management.
Cairo-based think tank Entlaq has released a new report that demonstrates the promising future of the Agri-Tech sector.
The programme aims to assist EV startups at all stages, from concept to expanding production and market reach.