Funding

Lebanon’s edtech platform Synkers raises $1.8 Mn Pre-Series A funding round

Lebanon's edtech startup Synkers raises $1.8 million Pre-Series A funding round led by Dr. Lama and Dalia Al Sulaiman, with 500 Startups.

Egypt's fintech startup Kashier Payments on Sunday (20 September 2020) has raised an undisclosed amount of seed capital from Glint Ventures.

Egyptian virtual assistant platform Elves on Sunday (20 September 2020) raised $2 million from Sawari Ventures and some undisclosed investors

Jordan's AB Ventures, and DASH Ventures took part in the $31M strategic capital raise for the US-based fintech startup Veem.

Tarfin, the agriculture fintech startup based in Turkey, on Monday (21 September 2020) has secured $5 million in a Series A round.

MENA-based e-commerce enterprise Wiz Holding secures $2 million from international investors from KSA, US, and Canada for Wiz Shops.

Riyadh, Saudi Arabia-based SaaS startup, Penny Software on Monday raised $1.35 million seed funding from Wamda, Class 5 Global, and others.

Kuwait-based laundry marketplace platform JustClean, on Sunday raised $8 million in a series B round led by Faith Capital Holding.

Here’s to this week’s news roundup, featuring the top startup news and stories from MENA and India published on LAFFAZ from 14 to 20 September, 2020.

Alsaree3, a Baghdad, Iraq-based food delivery app and its sister company Al Zajel, have recently closed a 6-figure seed funding round

New York-based venture capitalist Endeavor Catalyst yesterday (16 September 2020) raised $134 million for its Fund III from Careem & others.

Delhi-based EkAnek on Monday raised $5.4 million (around INR 40 crore) in a Series A1 round led by UAE's Alpha Wave Incubation (AWI) Fund