500 Startups and Misk Innovation Host first Digital Demo Day
Batch 3 Startups from Saudi Arabia, UAE, Jordan and Egypt connect with investors online and forge valuable connections to scale to the next level
MENA
Startup News and Stories fostering insights into various sectors (Fintech, Edtech, Logistics, etc.) of MENA (Middle East & North Africa) – majorly Abu Dhabi, Dubai, UAE, Saudi Arabia, Egypt, Bahrain, Lebanon, Palestine, and Qatar among others.
Rsquare Technologies celebrates 10 years of innovation in Bahrain
Bahrain based software development company Rsquare Technologies has passed the 10 year mark in the Kingdom.
Telgani – KSA’s car-rental platform raises 6-figure investment
Saudi's car-rental platform Telgani, earlier this week raised a 6-figure sum in a seed funding round led by 500 Startups, Saudi Venture Capital Company, Impact46
Invygo raises $1 Mn funding from EQ2 Ventures, Class 5 Global, and 500 Startups
Dubai, UAE-based Invygo, a car-rental startup on Tuesday raised $1 million in a Pre-Series A round led by EQ2 Ventures, Class 5 Global and 500 Startups.
Egypts digital lender Shahry raises $650K funding from Egbank
Cairo-based digital lending platform Shahry on Wednesday (13 May) raised $650K in a pre-seed funding round from an investment arm of Egbank.
Lumofy – Bahraini edtech startup offers free services to accelerate digital learning amid COVID-19
Bahrain-based edtech startup Lumofy has recently announced that the company will provide its suite of e-learning focused solutions for free
Dubai’s AHOY raises Seed funding to disrupt with its mobility technology amid COVID-19
AHOY in an ongoing seed funding round has so far raised 7-figure amount (AED) to advance its core technology and deploy the same as a SaaS model.
Egyptian social commerce startup Brimore raises $3.5 Mn from Algebra Ventures & more
Cairo, Egypt-based social commerce startup Brimore has raised $3.5 million from Algebra Ventures, 500 Startups, Flat6Labs, Disruptech, and Vision Ventures.
CODED announces its demo-day to graduate their first group of full-stack developers
Kuwait's CODED yesterday, May 7 announced its demo-day to graduate its first group of full-stack developers from Amman, Jordan
KSA’s Sportstech startup Grintafy raises $1.25 Mn seed funding from Wa’ed Ventures
Grintafy Technologies, a sportstech startup today announced that it has raised $1.25 million in a seed funding round led by Wa'ed Ventures
Intel acquires Israeli mobility startup Moovit for $900 Mn
Intel on Monday announced that the company has acquired the HaMerkaz, Israel headquartered mobility startup Moovit for $900 million.
Curefit Lays off 800 employees, implements salary cuts & shuts down centres in India & UAE
Curefit has reportedly laid off over 800 employees across and shut down a number of gyms and centres across India and the UAE