Netaj launches Nawat, Iraq’s first VC studio to back high-potential startups

Netaj launches Nawat, Iraq’s first VC studio to back high-potential startups

Baghdad, Iraq – Netaj, Iraq’s leading innovation and entrepreneurship platform, proudly announces the official launch of Nawat, the country’s first-ever Venture Capital (VC) Studio, marking a milestone in Iraq’s evolving startup ecosystem. Nawat, Netaj’s VC Studio, is designed to identify, support, and invest in high-potential Iraqi startups through a tailored 6-month journey that combines mentorship, product […]

Algerian HRTech Startup Talenteo Secures Six-Figure Investment from Tunisia’s 216 Capital

Algerian HRTech Startup Talenteo Secures Six-Figure Investment from Tunisia’s 216 Capital

Algeria-based HRTech startup Talenteo has raised a six-figure investment in a strategic funding round led by Tunisia-based venture capital firm 216 Capital Ventures. The funding will support Talenteo’s expansion into Tunisia and broader Francophone African markets, as well as accelerate the development of its AI-powered human resources platform. Founded in 2022 by Tarik Metnani and […]

CI Capital Asset Management Launches Egypt’s First Sustainable Equity Fund: Misr Green ESG Fund

CI Capital Asset Management Launches Egypt’s First Sustainable Equity Fund: Misr Green ESG Fund

Cairo, Egypt: CI Capital Asset Management (CIAM), Egypt’s leading asset manager and a Forbes Top 40 asset manager in the Middle East and North Africa (MENA) region, a subsidiary of CI Capital Holding (CICH.CA), is proud to announce the launch of the country’s first open-ended sustainable equity fund — the “Misr Green – Sustainability (ESG) Fund” […]

UAE’s OCTA Secures $20 Million Credit Facility from Sukna Fund

UAE’s OCTA Secures $20 Million Credit Facility from Sukna Fund

OCTA, a UAE-based fintech platform streamlining financial operations for SMEs, has announced the closing of a $20 million credit facility from the Sukna Fund for Direct Financing (SFDF). The funding will enable OCTA to embed short-term working capital financing directly into its platform, offering seamless credit access to small and medium-sized enterprises across the Kingdom. […]

UAE’s SaturnX Raises $3M Seed Round to Build Stablecoin-Powered Infrastructure for Global Remittances

UAE’s SaturnX Raises $3M Seed Round to Build Stablecoin-Powered Infrastructure for Global Remittances

UAE based SaturnX, the infrastructure provider for stablecoin-based cross-border payments, closes a $3 million seed round. The round was led by White Star Capital, with participation from strategic institutional investors. The company enables businesses and financial institutions to move money globally through an API-first platform that leverages stablecoin liquidity, smart FX routing, and regulatory-compliant payout […]

Flat6Labs KSA, Glint Ventures back Darwinz AI with $325K in first ever institutional funding round

Flat6Labs KSA, Glint Ventures back Darwinz AI with $325K in first ever institutional funding round

Saudi-Egyptian startup Darwinz AI raised USD 325k in a seed funding round led by Flat6Labs KSA and Glint Ventures. The round marks the company’s first institutional funding round after having until now been bootstrapped by its co-founders, co-founder Mohy Aboualam. Darwinz AI? Founded in Egypt in 2021 by Emad Elazhary and Mohy Aboualam, Darwinz AI is a startup that […]

Dubai-Based Prop-AI Secures $1.5 Million in Pre-Seed Funding to expand real estate investment platform

Dubai-Based Prop-AI Secures $1.5 Million in Pre-Seed Funding to expand real estate investment platform

Funding will fuel its regional data integration, advance its AI and machine learning capabilities, forge key partnerships and the launch of new tools for real estate professionals across the MENA region and beyond. MENA – Prop-AI, the AI-powered platform revolutionizing how people discover, evaluate, and purchase real estate, has successfully closed its pre-seed funding round, securing […]

Egypt’s DisrupTech Ventures backs Nigerian agri-fintech startup Winich Farms

Egypt’s DisrupTech Ventures backs Nigerian agri-fintech startup Winich Farms

Lagos, Nigeria – DisrupTech Ventures, one of Egypt’s leading early-stage fintech funds, has announced its first pan-African investment in Nigerian startup Winich Farms, a fast-growing Agri-Tech that is transforming access to markets and credit for smallholder farmers across Nigeria. The investment forms part of Winich’s Pre-Series A round. Lagos-based Winich is addressing the most pressing challenges […]

Egypt’s Octane Secures $5.2mln to Expand Digital Fleet Expense Platform Across MENA

Egypt’s Octane Secures $5.2mln to Expand Digital Fleet Expense Platform Across MENA

The new capital will accelerate the expansion of Octane’s acceptance network, deepen its technology stack and support the company’s growth across Egypt and the wider Middle East and North Africa (MENA) region. Cairo, Egypt: Octane, Egypt’s leading digital platform for fleet and on-road expense management, has raised US $5.2 million in a funding round led by […]