Lebanese music streaming platform Anghami pledges $3 Mn to support SMEs amid COVID-19
The leading music streaming platform of the Middle East, Anghami, revealed that it is running an initiative to support SMEs and artists amid the COVID-19 crisis.
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.
Mumm – Egyptian FoodTech Startup raises funding from Alex Angels
Cairo, Egypt-based footech startup Mumm has recently made the announcement of its Pre-Series A round closed with Alex Angels.
Dubai’s Axeed labs announces $272K launchpad for startups & SMEs
Dubai, UAE-based Axeed labs has launched a $272,000 SME and Startup Tech Launchpad campaign as a response to COVID-19 and ahead of Ramadan.
Itilite – Bengaluru-based SaaS startup raised $13 Mn from Greenoaks & Dubai’s Vy Capital
Bengaluru based software-as-a-service (SaaS) startup Itilite that focuses on business travel on April 18 raised $13 million from Greenoaks and Dubai's Vy Capital.
Startupbootcamp FinTech Dubai Second Cohort Raises $2.8m and Signs over 40 Proof of Concepts in DIFC
Startupbootcamp FinTech Dubai second cohort completes its accelerator program featuring 10 start-ups - raising $2.8 Mn & raising over 40 Proof of Concepts in DIFC.
![[Exclusive] Amsterdam-based entrepreneurs launch the global ‘COVID 19 Blockchain Fund’ to synergise Cryptocurrency for COVID-19 relief](https://laffaz.com/wp-content/uploads/2020/04/amsterdam-entrepreneurs-launch-global-covid-19-blockchain-fund-cryptocurrency-768x402.jpg)
[Exclusive] Amsterdam-based entrepreneurs launch the global ‘COVID 19 Blockchain Fund’ to synergise Cryptocurrency for COVID-19 relief
One of such blockchain or crypto-based COVID-19 funds is the COVID 19 Blockchain Fund that aims to support the most affected nations.
[Exclusive] LimeTray – offering 30% discount on its Online Delivery Solution for Restaurants in the Middle East amid COVID-19
LimeTray will waive-off the set-up fee and also provide 30 percent discount to the restaurants in all Middle East countries including UAE, Egypt, Saudi Arabia, Lebanon, Qatar, and Kuwait...
UAE’s 360VUZ app secures $5.8 Mn funding from Shorooq Partners & more
Dubai's 360VUZ has today raised $5.8 million in a Series A investment round led by Shorooq Partners with participation from KBW, Media Visions, Vision...
London’s TransferWise Expands to MENA – starting with UAE
TranferWise, a London-based global low-cost digital money transfer service has reportedly started operations in the UAE in a move to expand all across MENA
Dubai’s Falcon Eye Drones closes strategic investment from Aerodyne Group
Dubai's Falcon Eye Drones Services (FEDS) announced a major strategic investment from global drone-based management solutions provider Aerodyne Group.
Baims – Kuwait-based edtech startup raises seed funding from AlWazzan
Kuwait-based edtech startup Baims that offers online video-based learning to all high school and university students raised seed funding from AlWazzan.
California’s Wellpay raises $3.8 Mn from 8vc, Montage Ventures, Mubadala & more
California's fintech platform for healthcare industry has raised $3.8 million from 8vc, Montage, Mubadala to accelerate its public launch amid COVID-19.